Assistant Manager TPRM Ongoing monitoring & Projects

Job Title: Assistant Manager

Department: CIB TPRM SSC - Ongoing monitoring & Projects

About Business line/Function: Corporate and Institutional Banking (CIB) 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 globally. The Target Operating Model is a consistent framework to meet stringent regulatory requirements leveraging a risk-based approach, unified processes and standardized tools.

Position Purpose: Ongoing Monitoring of third-party arrangements in TPRM SSC is a critical role with primary responsibility of:

• Assist in the effective monitoring and governance of all Third-Party arrangements, ensuring the timely completion of applicable risk assessments and that third-party suppliers are monitored in line with Group/ CIB/ Regulatory requirements.
• Support the implementation of the right set of controls (in line with global Target operating model requirements) for day-to-day operations of ISPL TPRM SSC and assist in verifying their effectiveness in the normal course of business.
• Support the monitoring of critical services for upcoming periodic risk reviews and assist in the data collection/preliminary assessment for ad hoc risk reviews triggered by market events.
• Assist in the maintenance and updating of important policies and procedures for ISPL TPRM SSC.
  
  

Responsibilities

Direct Responsibilities

• Perform periodic independent checks and evaluations of controls (defined in BNP Paribas Group Risk policies and CIB policies) around the Third-Party Risk Management process. Document findings and escalate gaps between results and expected outcomes.
• Governance – Assist in the preparation of materials and organization of meetings across the Global TPRM community to provide updates on monitoring adherence.
• Reporting Support – Assist in the preparation of content and data summaries for Senior Management, Risk SME's, Audit, and Regulatory Representatives regarding control execution activities.
• Execute the TPRM BAU process including – assisting in the plan, identification, assessment, control, mitigation, testing, validation, and monitoring of third-party risks.
• Collaborate with the TPRM SSC Operations team to track BAU processes and ensure the timely completion of TPRM monitoring requirements across CIB global contracts.
• Reporting – Assist in the preparation of required management and regulatory reports.
  
  

Contributing Responsibilities

• Training – Assist in the onboarding of new resources regarding ongoing monitoring requirements and the wider TPRM TOM. Participate in knowledge-sharing sessions.
  
  

Monitoring – Conduct regular reviews of assigned tasks and participate in periodic deep dives on specific areas of focus as directed by the leads.

Technical & Behavioral Competencies

• General Risk management and Controls management awareness.
• Foundational knowledge of Internal Controls Testing/Internal Audit.
• Understanding of Third-Party Risk Management including Inherent and Residual Risks.
• Familiarity with Outsourcing Governance and Ongoing Monitoring.
• Familiarity with financial services, especially Third-party risk management, is an added advantage.
• Basic familiarity with Outsourcing Regulatory Requirements.
• Proficiency in Computer applications such as Excel, Word, and PowerPoint.
  
  

Specific Qualifications

NA

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• Internal Controls execution
• Supplier/ Vendor Management
• TPRM/ TPTRM assessments
• Audit
  
  

Behavioral Skills

• Ability to collaborate / Teamwork
• Strong communication skills - oral & written
• High attention to detail / rigor
• Strong organizational skills / Ability to meet deadlines
  
  

Education Level

Bachelor's degree at minimum

Location: Bangalore

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 specialized 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.

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 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 10000 employees, to provide support and develop best-in-class solutions.

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. 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.