Job Description

OPERATIONAL RISK OFFICER (JOB NUMBER: RISK-250123-BJ-001)


In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal\'s Top Employers in 2022. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
The mission of RISK Operational Risk Management (\xe2\x80\x9cORM\xe2\x80\x9d) is to oversee the effective and efficient functioning of the Operational Permanent Control (OPC) framework implemented by business lines and functions (1st line of defense or 1LOD), as well as the measurement and management of Operational Risks (OR). They serve in an independent oversight capacity, as part of the 2nd line of defense (2LOD), ensuring that the 1LOD is fulfilling its Permanent Control (PC) objectives and requirements. RISK ORM\xe2\x80\x99s scope includes the CIB business line, and its supporting operational units and transversal functions across the Americas (US, Canada, Brazil & Latin America).
In detail
RISK ORM Functions and Global Banking team is acting as the 2nd Line of Defense for the Functions and Global Banking Business Line (\xe2\x80\x98GB-BL\xe2\x80\x99) in the Americas. The primary role of the team RISK ORM is to provide relevant RISK and CIB/GB senior management a comprehensive, transparent, exhaustive and consistent front to back view of Operational Risk across the Functions and GB activities in the US.
Main Responsibilities BNPP is looking for an Operational Risk Officer to support the Functions across the Americas. Operational Risk Officers supervise the front to back Operational Risk (\xe2\x80\x9dOR\xe2\x80\x9d) Management framework and more specifically:

• Establish key relationships with the various Functions of CIB
• Develop an awareness of all functions activity and advising on decisions with OR impacts such as new processes and other change management/transformational initiatives
• Assessment, monitoring and effective challenge of the Functions on risk identification, risk assessment, risk mitigations and Key Risk Indicators (KRI) (incl. remediation or effectiveness of controls).
• Assessment of the Control Framework Effectiveness by defining a business aligned, risk based testing program on an annual basis and review results with control owners and agreeing on action plans.
• Oversight, effective challenge and reporting on operational losses, including both actual and Potential Incidents (PI), and the oversight of root cause analysis and action plans.
• Ensure alignment by working with global counterparts and Group RISK ORM to ensure initiatives are timely implemented at the local CIB level and standardized when applicable.
• Monitor and report on deliverables and alert any risk that arise.

The strengths and skills that will help you succeed

• 7+ years\xe2\x80\x99 experience working in CIB Functions and/or Businesses on specific products and processes or detailed understanding/experience in Operational Risk Management
• Bachelor\xe2\x80\x99s Degree in Audit, Risk or another financial Industry related field
• An undergraduate degree in RISK Management or a business related graduate degree (MBA) is a plus
• Knowledge of DFS, FRB and Prudential Regulations or corporate governance practices a plus
• Knowledge of Third Party Vendor Management, Information/Cyber Security or Fraud detection will be considered a plus
• Ability to manage and analyze large amounts of data
• Excellent verbal and written communication skills required for active interaction with senior business, functional and transversal management. Ability to influence, negotiate and articulate simple clear messages on complex topics

• Strong analytical and organizational skills
• Ability to conceptualize issues and translate into solutions
• Experience effectively interacting and communicating with senior leaders and regulators
• Proficiency in Microsoft Office suite (Word, Excel, PowerPoint)
• Strong Presentation skills
• Project Management skills a plus

English and French is required. What\xe2\x80\x99s in it for you In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally. To find out more about our range of benefits, click here
What you need to know

• We will review candidates as they apply, so don\xe2\x80\x99t wait to submit your application;
• If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;
• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas\xe2\x80\x99 office(s) is an essential function of this position;
• Given the vast majority of our clients, both internal and external, is based outside of Quebec and Canada, our positions require employees to speak another language than French \xe2\x80\x93 being English for most positions; other languages such as Spanish or Portuguese may be also specifically required and such will be clearly mentioned in the requirements of the position;
• All BNP Paribas employees in Canada must be adequately vaccinated against COVID-19 on the date of hire, unless exempt for a reason protected by the Canadian Human Rights Act.

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences. BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act). To learn more about our DE&I commitments, click here
About us BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 65 countries, with more than 190,000 employees, the bank holds key positions in several areas of banking and financial services. BNP Paribas\xe2\x80\x99 mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion. Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products. With over 1,200 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships

• Montreal Top Employer 2022
• Women in Governance \xe2\x80\x93 Parity certified - Silver certification
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Pride at Work Canada
• Rainbow Accreditation issued by Canada\xe2\x80\x99s LGBT+ Chamber of Commerce (CGLCC)
• ROSEPH \xe2\x80\x93 Grouping of specialized organizations for the employment of persons with disabilities
• IndigenousWorks

Do you want to discover other BNP Paribas offers in Canada? Click here: BNP Paribas in Canada | Our job offers
** Only selected applications that meet the requirements of the role will be contacted **

Primary Location

: CA-QC-Montr\xc3\xa9al

Job Type

: Standard / Permanent

Job

: RISK
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : At least 7 years

Schedule

: Full-time