Assistant Manager – Third Party Risk Management

Employment contract:

Permanent

Location:

Mumbai, Karnataka, India

Job/mission:

RISK

Reference:

48319828

Job Description – APAC

 

 

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 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 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:

AM: Third Party Risk Management (TPRM) Controls

Date:

13th December 2024

Department:

TPRM

Location:

Mumbai / Bangalore 

Business Line / Function:

CIB ITO

Reports to:

(Direct)

Grade: 

(if applicable)

Assistant Manager

(Functional)

 

Number of Direct Reports:

0 (Individual contributor)

Directorship / Registration:

NA

 

 

 

 

 

 

 

 

Responsibilities

 

Direct Responsibilities

 

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

·       Monitor and report KRIs / KPIs for TPRM 

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

·       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.

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

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

 

Technical & Behavioral Competencies

Technical :-          

·       General Risk management and Controls management awareness.

·       Internal Controls Testing/ Internal Audit.

·       Understanding of Third-Party Risk Management including Inherent and Residual Risks.

·       Familiarity with the banking products and services including front to back process view especially Third-party risk management would be an added advantage.

·       Familiarity with Computer applications such as Excel, Word, PowerPoint

·       Self-disciplined individual who can analyse complex issues, drive resolution and diligently track progress on the status

 

Specific Qualifications (if required)

Behavioural

·       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 Service quality orientation

·       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 7 years

 

 

Other/Specific Qualifications (if required)

 

 

Master of Business Administration (MBA) or equivalent