Risk Orm Gb Operational Risk Officer

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
- excluding partnerships

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.

**Position Purpose**:
RISK CIB Operational Risk Management (RISK ORM CIB) acts as the second line of defence of BNP Paribas Corporate and Institutional Bank (CIB). It belongs to the Group RISK Function of BNP Paribas and placed under the responsibility of the Chief Operational Risk Officer for CIB.

RISK ORM GB APAC has responsibility for independently challenging and supervising the Operational Risk management of Global Banking activities in APAC (front to back). This is achieved through: framing Operational Risk methodology for GB and disseminating of Risk Management culture across GB; assessing the adequacy of the GB Operational Risk Management set-up; controlling effectiveness of GB control environment; contributing to the detection, anticipation and response to Risks; alerting GB and RISK stakeholders on any significant Risk issue; providing a consolidated view on GB operational risks profile.

**Responsibilities**

**Direct Responsibilities**

The RISK ORC GB APAC Operational Risk officer supervises GB Operational Risk (OR) Management framework, according to the RISK OR delegation framework in force.
- **Framework**:

- Contribute to the definition of the permanent control normative framework and transpose it to APAC
- Proactively supervise the permanent control and the OR measurement, management framework and processes
- Contribute to regulatory-watch liaising with territory teams, be proactive in anticipating operational risks evolution in light of business evolution, changes of organization, policy, external environment and local regulatory requirements. Impulsion/revision of generic control plan in discussion with the first line of defence (LoD1) when needed
- **Governance**:

- Prepare, organise and secretariat the committees at GB level in liaison with the relevant GB teams
- Contribute to RISK, RISK ORM & GB global initiatives (e.g. projects)
- Coordination and constructive contribution with value-adding Risk Opinions in all relevant forums (TACNACs, L/ROMC, AT, etc ) and follow up of derived actions
- Contribution to transformative projects and initiatives with impact on the risk profile of the Metier and in RISK
- **Risk Identification & Assessment**:

- Maintenance and update of a view & understanding of the front to end risk profile of the Metier fed by the different streams, based on the data available from other Streams (Incidents, Independent Testing, etc)
- Monitoring, comprehensive reporting and timely escalation of incidents (significant, non-significant and notable) in collaboration with the relevant RISK ORM counterpart and / or others (LoD1, Compliance, Legal)
- Assist and advise the LoD1 on the extension of OR framework, and ensure its compliance with Group and CIB guidelines, as well as its appropriate calibration to manage key risk areas especially on RCSA, GCL definition, execution and monitoring
- Challenge and verify CIB risk identification, ensure the consistency of potential incidents quantification, conduct independent risk assessment (incident review, post mortem analysis ), and validate closure of permanent control actions
- **Challenge & Sign Off**:

- Oversee of the risk treatment proc