Line Operational Risk & Controls Manager (Temporary)

What is this position about?

The role of the OPC Manager is to ensure the continuous operational risk management framework is implemented and adequately adapted. To achieve this objective, the OPC role supports Securities Services managers and works closely with the Line 2 Risk and Compliance teams.

OVERVIEW OF THE ROLE
The OPC mandate is to support Securities Services managers in:

The identification, assessment and management of operational risks.
The definition of risk appetite and the corresponding risk monitoring and mitigation framework.
GENERAL RESPONSIBILITIES
Identification and assessment of risks and controls

Support Securities Services managers in:
Completing the Risk Control Self-Assessment (RCSA) –specifically, in the performance of risk identification, evaluation and validation of the Risk profile assessment and in defining action plans for high and notable risks.
The identification and assessment of 3rd party risk and in defining and operating a risk mitigation and monitoring framework based on Group guidelines.
The operational risk assessment of new activities, products or large projects.
Follow up on remediation plans and conditions when necessary.
Support operating entities in the application and adaption of the operational risk management framework, and ensure its compliance with Group and BP2S guidelines
Verification and controls assurance

Support Securities Services managers in defining and deploying the generic control plan where necessary and implementing controls consistently with the local risk assessment.
Challenge first level controls.
Follow up unsatisfactory and marginally satisfactory results.
Operational Risk Incidents

Ensure significant incidents are identified, alerted to management, analyzed and entered to incident management system.
Management reporting on incidents.
Audit Recommendations

Support Securities Services managers in implementing audit recommendations and permanent control actions.
Follow up with those responsible for implementing recommendations.
Produce reports and escalate upcoming and overdue recommendations.
Governance and reporting

Ensure the Group and Securities Services governance and reporting framework is implemented.
Actively contribute to non-financial risk committees locally and regionally.
Awareness and training

Ensure awareness of operational risks and management across Securities Services.
Provide training to both new and existing staff on the operational risk and permanent control framework.
Anti-Fraud

Support Securities Services in the identification and assessment of internal and external fraud risks, and in the definition and performance of an anti-fraud control framework in compliance with Group guidelines, regulations and the risk environment.
Ensure the existence of a fraud prevention and protection correspondent tasked with the implementation and adaption of the framework.
ISAE

Help in the preparation and management of control testing.
Support Securities Services managers in the ISAE certification – specifically in the review of exceptions and recommendations, escalation of answers to auditors where necessary and management comments.
Follow up on the relevancy of controls included in the reports and in the implementation of action plans.
OTHER CONTRIBUTIONS
May perform other duties and responsibilities that management may deem necessary from time to time.

What is required for you to succeed?

Strong Communication skills (verbal and written)
Able to deliver training on operational risk topics
Able to deliver presentations to large groups
Analysis/Problem Assessment
Stakeholder management
Strong Influencing skills
Teamwork
Decision making
Project management
Desired knowledge, skill, experience

Tertiary qualified
Ideally CA/CPA qualified
Knowledge of operational risks and controls within financial services
Knowledge and experience in financial services, including end-to-end process flows and associated risks and controls
Knowledge and experience in an external/internal audit or risk management role
About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, ****** orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

BNP Paribas MixCity which fosters better representation of women at all levels of the organization

Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations [at] asia.bnpparibas (dot) com
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or +61 2 +216 8633 (and ask for the Talent Acquisition Manager in the HR Team).
https://careers.apac.bnpparibas/
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Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year