Assistant Manager/Manager- Operational Risk Management

23 hours ago


Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Position Purpose

The Manager, RISK ORM 2S ISPL will report hierarchically and functionally to the AVP/VP of RISK ORM 2S ISPL. The RISK ORM perimeter includes all operational risks for business processes, which are performed in Chennai/Mumbai.

Located within the RISK Function of BNP Paribas, the role of the Assistant Manager, RISK ORM 2S ISPL, is to ensure that the components of the operational risk management framework are implemented and is operating effectively in 2S ISPL Chennai and Mumbai.

Responsibilities

Direct Responsibilities

The RISK ORM 2S ISPL mandate is to independently challenge and supervise the operational risk management framework of BP2S activities as described in the level 2 procedure Organizational Framework and Governance for Operational Risk Management and Permanent Control Framework.

Contributing Responsibilities

As the 2nd line of defense, the Manager, RISK ORM 2S ISPL, has the following general responsibilities for the operational risk processes and themes within the scope of RISK ORM including fraud, third-party, and Information and Communication Technology (ICT) risk management.

  • Define and consistently apply the 2S RISK ORM methodologies and procedures (normative framework), and adapt locally as required
  • Independently challenge the identification and assessment of the operational risk profile (actual, potential and emerging) and the risk mitigation framework implemented in the operating entities, through opinions, and sign offs where required
  • Ensuring effective implementation of the risk mitigation strategies, framework and actions with the 1st line of defense, through follow up of action plans and independent challenge of controls, either through execution of 2nd level controls, or where applicable, through other kinds of controls
  • Independently assess and potentially alert key stakeholders on the level of risk and on the risk mitigation framework status
  • Contribute to operational risk awareness and training on the risk mitigation framework.

Main Accountabilities of the Role

  • Qualitative Check & Challenge of 1st line of defense mainly by the execution of level 2 controls and RCSA to provide an opinion on the effectiveness of the control framework as per Group guidelines.
  • Independently challenge significant incidents in Risk tool and related remediation plan.
  • Proactively propose and conduct thematic reviews promptly with recommendations.
  • Ensure the correct implementation and application of Group and 2S governance (e.g. in terms of Internal Control Committee (ICC) and operational risk management related committees, etc.)
  • Promote Risk awareness and Risk culture of operational risk management across ISPL teams
  • Ensure management reporting and Dashboard either to local management or to the Group are reported on time.
  • Proactive risk anticipation and raise alert on key risk topics thereby bringing in significant management attention and propose remediation.

People Responsibilities.

  • Provide conducive work environment for a healthy working atmosphere in a competitive environment.
  • Upskilling team members basis the skill matrix and PDP follow through.
  • Promote training awareness, recognize team members, value their contribution and provide opportunities for growth and mobility.
  • Fair dealing with staff members on day to day business deliverables and ensure administrative aspects including attendance, training and continuous feedback are totally intact.

Technical & Behavioral Competencies

Key Behavioral aspects

  • Integrity, Ethics and values
  • Collaboration and partnering
  • Innovation and catalyst
  • Building capability
  • leading by example, influence and impact

Others

Individual - confidence and self-motivation.

Interpersonal - high energy levels, communication skills, teamwork and persuasiveness.

Managerial - Leadership skills, decisive decision-making, and managing teams and individuals.

Analytical - The ability to review data and scenarios and make good decisions in a timely fashion

Technical aspects

  • Identification and assessment of risk and controls
  • Verification and controls assurance
  • Independent challenge, quality review and provide recommendations
  • Governance, reporting and risk awareness.

Specific Qualifications (if required)

Tertiary-level qualification essential with CA/CWA/CPA qualifications desirable or its equivalent

Skills Referential

Behavioural Skills : (Please select up to 4 skills)Decision MakingAbility to deliver / Results drivenCreativity & Innovation / Problem solvingCritical thinking Transversal Skills: (Please select up to 5 skills)Ability to understand, explain and support changeAbility to develop and adapt a processAbility to set up relevant performance indicatorsAbility to manage / facilitate a meeting, seminar, committee, trainingAnalytical Ability Education Level:

Master Degree or equivalent

Experience Level

At least 9 years

Audit background will be an added advantage. CA/CWA inter / is an added advantage.



  • Chennai, Tamil Nadu, India Galaxy Health Insurance Company Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Role & responsibilitiesWork closely with various departments of the Company to develop and implement risk management policies, risk register, risk appetite statements, strategies and proceduresAnalyse the various types of risks that an Insurance Company could face, do risk assessment using tools and other methods and devise risk mitigation measures and...


  • Chennai, Tamil Nadu, India GST Manager Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    About us:GST Manager is a leading tax consulting company ) providing tax solutions to clients on a PAN India basis. As a fast-growing startup, we are expanding our operations and team to accelerate growth and meet increasing client demands.The Role:We are seeking a Customer Support Executive to join our team in Chennai. This role involves managing client...


  • Chennai, Tamil Nadu, India BNP Paribas Full time ₹ 10,00,000 - ₹ 25,00,000 per year

    Position PurposeThe Manager, RISK ORM 2S ISPL will report hierarchically and functionally to the AVP/VP of RISK ORM 2S ISPL. The RISK ORM perimeter includes all operational risks for business processes, which are performed in Chennai/Mumbai.Located within the RISK Function of BNP Paribas, the role of the Assistant Manager, RISK ORM 2S ISPL, is to ensure that...


  • Chennai, Tamil Nadu, India GST Manager Full time ₹ 2,00,000 - ₹ 4,50,000 per year

    About UsGST Manager is a leading tax consulting company ) providing tax solutions to clients across India. As a fast-growing startup, we are expanding our operations and team to accelerate growth and meet increasing client demands.The RoleWe are seeking a Customer Support Executive to join our team in Chennai. This role involves managing client...


  • Chennai, Tamil Nadu, India Intellect Design Arena Ltd Full time

    Job Description – Risk ManagerAbout UsIntellect Design Arena Limited is a global leader in Financial Technology for Banking, Insurance, and other Financial Services. With a rich suite of products, we are pioneers in vertical and integrated solutions that enable institutions to become the principal service providers to their customers.We are committed to...

  • IS Risk Manager

    2 days ago


    Chennai, Tamil Nadu, India Cynosure Corporate Solutions Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role and Responsibilities:Conduct security risk assessments, monitor organizational compliance, and ensure effective prioritization and remediation of cyber risks within agreed SLAs.Identify cloud-related risks, assess business impacts, and develop actionable mitigation strategies aligned with governance and control measures.Perform audits, manage gap...


  • Chennai, Tamil Nadu, India Intellect Design Arena Ltd Full time

    Job Description – Risk Manager About Us Intellect Design Arena Limited is a global leader in Financial Technology for Banking, Insurance, and other Financial Services. With a rich suite of products, we are pioneers in vertical and integrated solutions that enable institutions to become the principal service providers to their customers. We are committed...

  • Assistant Manager

    4 days ago


    Chennai, Tamil Nadu, India MindPlus (Pvt) Ltd Full time ₹ 2,50,000 - ₹ 7,50,000 per year

    About the Role:  The Assistant Manager Chennai Branch will assist the Branch Manager in handling the daily B2B operations of the Branch through the dealer network, engaging in sales and distribution of porcelain tableware, ensuring excellent customer service and achieving sales goals. This role involves maintaining showroom standards at the Branch and...


  • Chennai, Tamil Nadu, India MAYILON CONSULTING SOLUTIONS Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Job description:Minimum 15+ years of working experience with at least 5 years in a senior role; strong experience in areas including but not limited to risk management, operations, internal audit , controls, finance, treasury, vigilance and legal functions within the banking industry with a blend of financial, operational, and regulatory compliance from...

  • Assistant Manager

    4 weeks ago


    Chennai, Tamil Nadu, India JLL Full time

    Job DescriptionRegulatory Compliance:- Ensure full compliance with all SEZ-related laws, regulations, and guidelines- Stay updated on changes in SEZ policies and implement necessary adjustments- Accompany with Cognizant full time employee to meet government authorities and SEZ officials for compliance-related mattersDocumentation and Reporting:- Prepare and...