About the job
With strong roots anchored in Europe's banking history, BNP Paribas supports its clients and employees in today's changing world. It has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. Employing over 188,000 people across 75 countries and 5 continents
Since ****, BNP Paribas Wealth Management (WM) has a competence center in Lisbon (PIMH = Portugal International Markets Hub) to manage activities for the Head Office (HO) and several locations (Switzerland, Luxembourg, France, among others). Within this competence center, Portugal HO Investment Services Office team counts 4 people. We are currently reinforcing this team and are looking for a: WM HO Investment Services Operational Risk Officer
Regulation becoming tougher for banks, there is an increasing demand for controlling and mastering a robust control and risk management setup
The Wealth Management Investment Services Office team is looking to reinforce its operational control team in Portugal to support the Paris HO team. This is an interesting opportunity to join the growing PIMH family in close connection with Wealth Management business and controlling teams in Paris
Support and assist the Responsible of Investment Services HO Operational Permanent Control (OPC) in his main tasks. 70% of the assignment will be oriented on controls topics and 30% on transversal tasks
The day-to-day work will require regular collaboration with WM HO teams, among which Investment Services, Risk, Compliance and Legal representatives. The candidate may target to serve as backup of the responsible of Investment Services HO OPC when necessary
It is a unique opportunity to reinforce knowledge linked to financial instruments and risk management and to build a professional network within Wealth Management business line experts, as well in Paris as in Lisbon
Your Main Activities Are
Document gathering
Interview with stakeholders
Execute the controls accordingly to the control plan
Write summaries of the controls results and present them to the heads of respective asset classes
Input control documentation and results in appropriate risk tools (for example: Risk 360)
Input controls exemption in the "Exemption tool" (Configura Extension Technology (CET) tool)
Follow-up "action plans" with stakeholders to close them according to deadlines
Create and update controls with asset classes sponsors
Update and monitor controls exemption accordingly
Contribute to the activity mapping for Risk Control Self-Assessment (RCSA)
Perform the yearly RCSA analysis for Investment Services (IS) (HO IS and BNP Property) according to Group calendar and requirements
Support and contribute on drafting of investment services' procedures (asset classes and activities)
Update procedures periodically when necessary
Profile and Skills to Success
Master's Degree in Finance or Economics
Up to 5 years of Experience in Management Control, Audit, Operational risk management
Knowledge in Controls, Audit, Inspection or Organisation
Proficiency in Microsoft Office tools (Excel, Word)
Fluency in English
Communication skills
Analytical skills, rigor and accuracy, dynamism
Autonomy (as manager is in Paris), organisation and responsibility
Capacity to commit to deadlines
Interpersonal working relationships, team spirit (follow-up / feedback)
Able to adapt to a fast pace and multi-cultural environment
#LI-Hybrid
Why joining BNP Paribas?
Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
International reach
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
Corporate & Institutional Banking
(CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients
Commercial, Personal Banking & Services
(CPBS) brings together all our commercial banks and several specialised businesses heard
Investment & Protection Services
(IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
Our presence in Portugal
In Portugal since ****, BNP Paribas today has more than ***** employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion commitment
BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group's Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee's participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees' wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition(Opens in a new tab) and our Career path page(Opens in a new tab).
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.