Job Description - APACAbout BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.About BNP Paribas Group:BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stabilityCommitment to Diversity and InclusionAt BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.About Business line / Function:Corporate and Institutional Banking (CIB) – Third Party Risk Management (TPRM) team is part of CIB ITO function. TPRM Shared service center (SSC) based out of ISPL is focused on implementation of standardized and synergized global Target Operating Model (TOM) for Third Party Risk Management across CIB. The Target Operating Model is a consistent framework to meet stringent regulatory requirements leveraging a risk-based approach, unified processes and standardized tools.Job Title:Manager: Third Party Risk Management (TPRM) ControlsDate:28 Feb 2024Department:TPRMLocation:BangaloreBusiness Line / Function:CIB ITOReports to:(Direct)VPGrade:(if applicable)Manager/ AVP(Functional)Number of Direct Reports:0 (Individual contributor)Directorship / Registration:NAPosition PurposeLead Controls / Monitoring / Processing role in TPRM SSC is a critical role with primary responsibility of,1. Ensuring that all the Outsourcing Services globally for CIB with complying with Generic Controls Plans in line with BNP Paribas Group Policies.2. Ensure effective monitoring and governance of all Third-Party arrangements including the timely completion of applicable risk assessments.3. Ensure effective evaluation of outsourcing arrangements and timely notification to the regulator.4. Ensuring that right set of controls are in place (in line with global Target operating model requirements) for day-to-day operations of ISPL TPRM SSC and ensure that they are effective in normal course of business.5. Monitoring of critical services for upcoming periodic risk reviews. Assessment and management of any ad hoc risk reviews triggered by market events etc.6. Maintaining important policies and procedures for ISPL TPRM SSCResponsibilitiesDirect Responsibilities· Collaborate with TPRM SSC Operations team to assess BAU processes to ensure completion of TPRM controls across all CIB global contracts.· Carry out annual independent checks / evaluation of controls (Defined in BNP Paribas Group Risk policies) around Third-Party Risk Management process. Identify and report gaps between results and expected outcome.· Governance – Prepare & organise meetings across Global TPRM community to provide updates on GCP controls adherence.· Develop and deliver content to Senior Management, Risk SME’s, Audit and Regulatory Representatives summarizing the results controls execution activities.· Oversee and challenge the TPRM BAU process including – plan, identify and assess, control, and mitigate, test and validate, monitor, and report.· Reporting – Prepare required management / regulatory reporting.Technical & Behavioral CompetenciesTechnical :-· General Risk management and Controls management awareness.· Internal Controls Testing/ Internal Audit.· Understanding of Third-Party Risk Management including Inherent and Residual Risks.· Familiarity with Outsourcing Governance and Ongoing Monitoring.· Familiarity with the banking products and services including front to back process view especially Third-party risk management would be an added advantage.· Familiarity with Computer applications such as Excel, Word, PowerPointSpecific Qualifications (if required)Behavioural· Excellent presentation skills· Excellent ability to work in a multi-cultural, team-oriented environment.· Excellent ability to work independently.· Demonstrate fine attention to details.· Excellent Service quality orientation· Excellent ability to honour tight deadlines.· Ability to facilitate buy-in of stakeholders.Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkCommunication skills - oral & writtenAttention to detail / rigorAbility to deliver / Results drivenTransversal Skills: (Please select up to 5 skills)Ability to develop and adapt a processAbility to understand, explain and support changeAbility to set up relevant performance indicatorsAbility to develop and leverage networksAnalytical AbilityEducation Level:Master Degree or equivalentExperience LevelAt least 7 yearsOther/Specific Qualifications (if required)Master of Business Administration (MBA) or equivalent
