Assistant Manager- Third Party Risk Management

Job Description

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function :

The CIB ITO TPRM Governance is focused on development and deployment of robust control framework for all internal and external third party services globally

Job Title:

Assistant Manager / Manager

Date:

2023

Department:

CIB ITO TPRM Governance

Location:

Mumbai

Business Line / Function:

CIB ITO TPRM Governance

Reports to:

(Direct)

Lead

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The CIB ITO TPRM Governance is focused on development and deployment of robust control framework for all internal and external third party services globally.

Responsibilities

CIB ITO Offshore TPRM business manager responsibilities includes but not limited to,

· Working with owners of various businesses and processes across regions to map out existing third party engagement processes, issues / gaps etc. Developing and deploying end state recommended process.

· Partner and track identification, prioritization, development, implementation and migration to platform of choice to host Third party engagements and corresponding reference data including interim solutions may be applicable

· Monitor and report KRIs / KPIs for TPRM globally.

· Foster knowledge sharing, develop and administer educational series around outsourcing risks, regulations and governance to cross functional stakeholders.

· Work with the stakeholders on Operating & Steering Committees related to TPRM function.

· Maintain comprehensive documentation required for clear communication with management and quicker decision making.

· Adapt to ongoing change management protocol to amend / improve TP engagements processes and corresponding changes in strategic platform

· Added advantage of experience in latest technologies like robotics, citizen developed quick to market automations etc.

· Establish & run robust operational processes with eye for detail.

· Be a team player in a team of experienced professionals who have defined set of responsibilities and a variety of areas of focus

· Strong Controls mindset – experience in Risk /Controls domain would be an added advantage.

Technical & Behavioral Competencies

Skillset / Experience Required: A successful candidate for this position will have the following:

· MS, MBA or other advanced degree;

· Minimum of 8-10 years of experience in the financial services and/or managing firmwide programs and initiatives in risk and control functions

· Understanding of Risk, Controls and regulatory environments, market place and new technologies;

· Good program management and communication skills background working with multiple stakeholders from different business lines, functions and regions;

· Experience in maintaining strong KPIs, KRIs and other critical metrics that support firmwide programs as well as frequent reporting and presentation to management;

· Demonstrate excellent analytical rigor and logical thinking with a continuous process improvement mindset. 

· Self-disciplined individual who is able to analyse complex issues, drive resolution and diligently track progress on the status;

Specific Qualifications (if required)

MS, MBA or other advanced degree;

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Decision Making

Communication skills – oral & written

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to understand, explain and support change

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)

NA