Assistant Manager / Manager – Third Party Risk Management (TPRM)

March 15, 2024

Assistant Manager / Manager – Third Party Risk Management (TPRM)

ReferenceCIB008308

  • Standard / Permanent
  • IN-MH-Mumbai
  • PROCUREMENT & PERFORMANCE
Apply for this job

About 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 24×7 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 stability

Commitment to Diversity and Inclusion

At 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 Businessline/Function :

Corporate and Institutional Banking (CIB)

The London Branch Outsourcing and Third Party Committee (LBO3C), act as a 1st line of defense from TPRM perspective and has the appropriate governance and oversight of Outsourcing and Shoring arrangements where London Branch is the Beneficiary.

Job Title:

Assistant Manager 

Date:

Department:

Procurement

Location:

Mumbai

Business Line / Function:

Corporate and Institutional Banking (CIB)

Reports to:

(Direct)

Functional – Head of Procurement and Centre of Excellence (Mumbai).

Head of TPRM Governance (London) 

Resource is expected to follow UK timings

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

0

Directorship / Registration:

NA

Position Purpose

BNPP UK relies on internal and external third parties to provide services that contribute to our business in the UK. Oversight of these Third party services by country management is necessary to ensure that the overall risk of the branch is not increased. To do this a robust control framework must be in place.

The purpose of this role is to support the Head of TPRM Governance by maintaining and amending as needed the London Branch database, register and supporting Management Information (MI) for internal and external third parties (to include outsourcing services) in line with Group requirements and taking account any additional UK regulatory requirements.

Responsibilities

Direct Responsibilities

  • Proactively gathers, manages and manipulates TPRM data to ensure that the London Branch TPRM central repository is accurate, updated and compliant with Group and regulatory requirements.
  • Liaises with other BNPP functions and Business Owners to consolidate and manipulate as needed the TPRM data.
  • Creates and maintains a third party register, being a subset of the TPRM central repository that is accurate and compliant to all BNPP and regulatory requirements. 
  • Ensures that all relevant artefacts (such as SLA’s and others) are kept within the LBO3C central repository and updated as needed by the Business functions/ owners.
  • Supports the on boarding of third parties into the London Branch database, with documented evidence to confirm adherence to UK, Group Policy and regulatory requirements. 
  • Proactively produces regular reporting for the LBO3C and other committees as required, via direction from the Head of TPRM Governance.
  • Supports the maintenance of robust control documentation and TPRM procedures.
  • Supports the completion of the PRA semi-annual return.

Contributing Responsibilities 

The role will provide first line of defence oversight support of the London Branch TPRM control framework for all internal and external third party services, which contribute to the delivery of service/s required by BNPP London Branch.

This resource will be expected to follow UK timelines. so the shift shall approximately start at 1.30pm IST and end by 10.20 pm IST.

Technical & Behavioral Competencies

  • Advanced skills in SharePoint and Excel to build and develop spreadsheets and manipulate data from different sources.
  • Strong experience in MS Office.
  • Strong communication and interpersonal skills, both verbal and written.
  • Education level: Degree in Science, Maths, or similar.
  • Positive client/service focused ‘Can do’ Attitude’.
  • Attention to detail.
  • Ownership of tasks / issues.
  • Strong problem solving skills.
  • Ability to multi-task.
  • Effective time and priority Management.
  • Ability to work autonomously as well as in a team.
  • Ability to follow processes.
  • Work off their own initiative.

Specific Qualifications (if required)

                                            

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Communication skills – oral & written

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to manage a project

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

Offers you may be interested in