About the job
Acting as a point of contact between GreenStars' Operations (BNP Paribas credit insurance company) and the Insurance Trade Management (ITM) - who represents Credit Insurance Policies and its management cash flows - the Operations Supervisor is responsible to ensure streamlining of all processes covered by the two teams
Your Main Activities Are
Identifying synergies and rationalization in processes covered by the two teams and adapt procedures and processes accordingly
Ensure controls are well defined and followed to reduce data quality
Improve & automate processes (bottlenecks, recurrent issues), including develop or update Python codes and/or to reduce the operational risk
Develop and follow-up risk control checklists on relevant processes
Develop and monitor Operational KPI (processing time, error rate, ...)
Share with the management any alert, operational risk or issue on the different tasks either projects or BAU
Ensure quality and professionalism of junior team members, and to support the management on strategic topics concerning the team
Day to day GreenStars' Operations
Follow the operational set-up in respect of insurance premium and policy administration (invoices, payments and cash movements follow-ups, internal files updates, contracts and IT toll data reliability)
Coordinate daily with various stakeholders such as brokers based in London, accountant, actuary and insurance team based in Paris
Reporting of the insured outstanding and insurance premium to GreenStars' reinsurers
Actively contribute to the deployment of new IT tools and to the digitalization program of GreenStars that focus on efficiency improvement
Profile and Skills to Success
Master's degree in Finance
At least 10 years of relevant professional experience
Good knowledge of Python and SQL
Proficient level of Excel
Fluency in English
Analytical Ability
Good Communication skills - oral & written
Attention to detail
About the Team
The Resource & Portfolio Management (RPM) Team is part of the Securitised Product Group (SPG), which combines all securitization, insurance and other risk distribution activities within Global Banking EMEA, Capital Markets
GreenStars is a wholly owned credit insurance company of BNP Paribas (captive).
GreenStars provides Political Risk and/or Credit Risk insurance solutions to a diverse range of BNPP business lines.
Within GreenStars, the Operations team in charge of developing a robust business framework and accompanying underwriting activity by the means of insurance policies and premiums administration, liquidity management, elaboration of various reporting and setting-up appropriate controls and implementing innovative and efficient solutions
The Insurance Trade Management (ITM) is responsible for the representation of Credit Insurance Policies in dedicated systems and the management of their cash flows (calculation, monitoring of premium, etc.) and for their correct regulatory Capital calculation in the systems, to achieve optimum Capital savings for the bank
#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
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.