Need- Senior Associate Wealth Management

Job Description

* Job Description ISPL WM OPC 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 regionAbout 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 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 6000 employees, to provide support and develop best-in-class solutions. About Business line/Function : Within the Asia Pacific CIB IT & Operations organization, the Regional Conduct & Control (Operational Permanent Control) correspondent for Wealth Management is under the management of the Head of Conduct & Controls at ISPL and works in close relationship with the Wealth Management Operations and Conduct teams in Singapore, Hong Kong and other territories.Job Title: Senior AssociateDate: Department: ISPL Conduct & Control Location: MumbaiBusiness Line / Function: APAC CIB ITO / WM APAC Reports to: (Direct) (Functional) ISPL Head of Conduct & Controls NAGrade: (if applicable) Number of Direct Reports: Directorship / Registration: NAPosition Purpose Main responsibilities is to implement the operational and Compliance risk management framework and monitor the operational and Compliance risk related to ISPL Wealth Management activities. Hence, to analyze control results (Operations, Conduct & Control) and incidents to identify main operational and Compliance risks and follow the associated mitigation/remediation actions (including recommendations). Will also be responsible for the improvement of the overall internal control mechanisms to ensure compliance with regulatory requirements and BNPP Group standards. Responsibilities OPC framework Work closely with various OPC teams to ensure that guidelines established centrally are adapted in APAC. Update RCSA and risk maps as part of the implementation of the Operational and Compliance Risk framework. Identify gaps in the control framework based on IG missions, RISK ORC permanent control actions, open risk areas, TAC/NAC, projects and incidents. Subsequently review the control plans using a risk-based approach. Risk management Monitor the ORUS controls results declared by Operations Teams and report the sign-off status. Perform the control testing as defined in the control plan and validate the action plan with ISPL Wealth Management and Wealth Management APAC. Ensure operational and Compliance risk incidents are properly collected, coordinate the root cause analysis and contribute to the definition of remedial actions. Follow-up and contribute to close recommendations/permanent control actions/incident remediation actions assigned to ISPL Wealth Management. Ensure adherence to reporting in all tools (ORUS, 360HI, Contrast, Aurora, etc.) Take a step back to identify key risk areas and to propose long-term remediation actions to ISPL management. OPC governance Liaise with territory OPCs to ensure that WM and Compliance risk control framework is uniformly adopted across the Region. With the other ITO OPCs, contribute to the risk awareness within ITO and bring into the spotlight key areas of focus/attention. Actively support a front-to-back approach via a strong collaboration with Business OPCs and a clear reporting on risks and mitigating actions for the concerned business. Closely collaborate with Risk ORC by attending regular meetings and sharing relevant information. Regulations, Procedures and Code of Conduct Pro-actively monitor the regulations changes to ensure cascading in Ops teams. Monitor the implementation of global/local regulations and internal policies by Ops teams. Ensure compliance with global and regional policies, especially Compliance and IT Security. Ensure respect of the BNPP standards of Code of Conduct.Technical & Behavioral Competencies Minimum 5 years of experience in Wealth Management Operations domain. Good analytical skills and control mindset. Ability to integrate various information and synthesize them. Good communication and presentation skills, with ability to interact with operations staff and Senior Management. Ability to work independently and as part of a team. Coordination and multi-tasking skill. Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) for statistical analysis and report production. Specific Qualifications (if required) Skills Referential Behavioral Skills: Critical thinkingAbility to synthetize / simplifyAbility to collaborate / TeamworkCommunication skills - oral & written Transversal Skills: Analytical AbilityAbility to develop and adapt a process Ability to set up relevant performance indicatorsAbility to manage / facilitate a meeting, seminar, committee, training Ability to understand, explain and support change Education Level: Bachelor Degree or equivalent Experience Level At least 5 years Other/Specific Qualifications (if required) ,

Keyskills :
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