We are looking for Manager/AVP - RISK ORM APAC

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, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate 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 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 : RISK Presentation Risk Coverage:
• RISK perimeter encompasses credit and counterparty risk, market risk, funding and liquidity risk, interest rate and FX risk of the Banking book, insurance risk and operational risk.
• RISK covers all Group s activities and geographies.
• To provide a holistic view of the risk profile to the Bank s management and Board, RISK coordinates with the relevant control function(s) to ensure relevant risk assessment, aggregation and reporting.
The current position is under Operational Risk coverage. RISK is a key part of the Bank s internal control framework RISK accompanies the Group s development
• RISK ensures the risk taking policy and the risks generated by the Bank s activities comply and are compatible with its strategic objectives
RISK is one the 4 integrated control functions of the Group
• RISK is the second line of defense over the Group s risk management activities
• The Chief RISK Officer (CRO) reports to the CEO and is a permanent member of the Group Executive Committee
• The CRO has a direct and independent access to the board
An integrated and independent function. Close relationship with the Business Lines : INDEPENDENCE and PROXIMITY
• A de-concentrated organization, adapted to each business
• Constant discussion with the businesses to advise and challenge them on their risks
An integrated and independent function. Close relationship with the Business Lines : RISK OBJECTIVES
• Accompany the Group s development with a business-minded spirit
• Provide a fast, complete and reliable information on our risk profile
• Offer high quality risk management expertise to the Group s stakeholders
• Foster risk anticipation and position RISK as a prospective watchtower
• Prepare the Group for high and higher regulatory expectations
RISK ORM department RISK Operational Risk Management (RISK ORM) belongs to the second line of defense of BNP Paribas. It belongs to the Risk Function (RISK) of BNP Paribas (RISK) and is placed under the responsibility of the Chief Operational Risk Officer for CIB.The department has responsibility for independently challenging and supervising the Operational Risk management of activities in APAC (front to back). This is achieved through: framing operational risk methodology and disseminating of risk management culture across businesses; assessing the adequacy of the operational risk management set-up; controlling effectiveness of 1 st LOD control environment; contributing to the detection, anticipation and response to risks; alerting business and RISK stakeholders on any significant risk issue; providing a consolidated view on business operational risks profile.,

Keyskills :
operational risk managementenvironmental impact assessmentmarket riskcontrol planretail bankingliquidity riskinsurance risk