VP1 : Third Party Risk Management (TPRM) Controls / Monitoring / Policies

April 26, 2024

VP1 : Third Party Risk Management (TPRM) Controls / Monitoring / Policies


  • Standard / Permanent
  • IN-KA-Bangalore
  • RISK
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Job Description – APAC

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 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:

VP1 : Third Party Risk Management (TPRM) Controls / Monitoring / Policies


15 April 2024





Business Line / Function:


Reports to:



(if applicable)



Adrian Fernandes

Number of Direct Reports:

0 (Individual contributor)

Directorship / Registration:


Position Purpose

Lead Controls / Monitoring / Processing role in TPRM SSC is a critical role with primary responsibility of:

o   Ensuring that all the services globally for CIB with external vendors (purchasing and outsourcing) are complying with critical GCP controls as mentioned in BNP Paribas group policies.

o   Ensuring that right set of controls are designed (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

o   Monitoring of critical services for upcoming periodic risk reviews. Assessment and management of any ad hoc risk reviews triggered by market events etc.

o   Define and maintain important policies and procedures for ISPL TPRM SSC

o   Ensure a robust Outsourcing Governance Controls place to effectively manage outsourcing relationships


Direct Responsibilities

·       Collaborate with TPRM SSC Operations lead to design / 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 committees across Global TPRM community to provide updates on GCP controls adherence.

·       Develop and deliver content to senior business, Independent Risk, Audit and Regulatory leaders summarizing the results GCP controls check 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.

·       Manage relationships with Group Risk leads, CIB Risk leads, and Audit etc.

·       Routine engagement with TPRM leadership team to promote a strong operational control culture.

·       Leads project / virtual teams as required on controls related projects.

·       Monitor and execute periodic risk reviews at regular intervals based on criticality defined in TOM for third party services.

·       Monitor and execute risk reviews triggered from market events, regulatory changes etc.

·       Define and maintain L2 / L3 procedures / policies applicable across CIB for TPRM

·       Ensure oversight and Operational Delivery of Ongoing Monitoring and associated activities for all Outsourcing Arrangement

Technical & Behavioral Competencies

Technical :-         

  • General Risk management and Controls management awareness
  • Strong understanding of Third-Party Risk Management and Outsourcing Regulatory Requirements
  • Familiarity with Computer applications such as Excel, Word, PowerPoint
  • Proven track record of managing operations team and operational service delivery.  
  • Familiarity with the banking products and services including front to back process view especially Third-party risk management would be an added advantage

Specific Qualifications (if required)


·       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 ability to honour tight deadlines.

·       Ability to facilitate buy-in of stakeholders.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Communication skills – oral & written

Attention to detail / rigor

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to understand, explain and support change

Ability to set up relevant performance indicators

Ability to develop and leverage networks

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 15 years

Other/Specific Qualifications (if required)

NA – Relevant experience would carry more weightage over qualification to succeed in this role

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