Vice President – Enterprise Risk Management – Operational Risk Auditor

Business Overview:

Inspection Générale North America (IGNA) Hub is part of BNP Paribas’ global Internal Audit group (Inspection Générale or “IG”) which is staffed by highly qualified individuals who perform risk-based reviews to provide reasonable assurance to senior management on the adequacy of internal controls and recommend control and efficiency improvements

In line with the Federal Reserve Bank’s expectations, IGNA has built an Enterprise Risk Management (ERM) team to evaluate the bank’s capital planning, ALMT and liquidity risk management, operational risk, and model risk management.

In addition, the team also evaluates broader Enhanced Prudential Standards (EPS) requirements related to Risk Management and Board Governance and requirements from applicable Federal Reserve Supervision and Regulation Letters.

Candidate Success Factors:

Candidates will be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
Results and Impact
Impacts division and influences peers and team
Demonstrates good judgement when making decisions of high complexity and impact
Relies on limited guidance for most complex decision making
Is responsible for driving outcomes which have meaningful effect on team or department
Leadership and Collaboration
Creates trust with department leaders
Acts in leadership capacity for large projects, processes, or programs for a team
Client, Customer and Stakeholder Focus
Able to build relationships with a mix of intermediate and senior colleagues or clients
Interacts regularly with management and department leaders
Demonstrates the ability to persuade and influence stakeholders at the team level
Compliance Culture and Conduct
Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
Perceived as a person of high moral character; upholds corporate values and displays high ethical standards”

Responsibilities:

The ERM Operational Risk Auditor will play a key role in supporting the internal audit team to independently assess the effectiveness of the operational risk management framework (governance, operational risk identification, assessment and measurement tools, risk and control self-assessments, key risk indicators, external loss data, business process mapping, monitoring and reporting etc.).

Conduct multiple, complex, concurrent audit assignments primarily focusing on assessing relevant model development and independent model validation.

Write audit reports with value added recommendations.

Manage time and priorities while conducting audits.
Review and prepare risk assessments for Audit Units.
Validate the adequacy and appropriateness of remediation or resolution plans to address regulatory and internal audit recommendations.
Keep abreast of the evolution of Operational Risk and related regulatory guidance through training, publications and seminars.

Investigate large incidents and fraud cases if and when necessary

Deliver clear presentations to Senior Management and IG management.
Adopt and promote strong ethical values.
Minimum Qualifications:

Bachelor's degree in applicable and related field (Business/Accounting/ Finance preferred).

Seven minimum years of audit and/or risk experience with Operational Risk Management in the financial services industry.

Solid understanding of Operational Risk Management concepts and related regulatory expectations.

Excellent verbal and written communication skills to interact effectively with the different stakeholders and regulators.
Ability to work in a team, liaise with other bank departments and adapt to new situations and approaches.
Preferred Qualifications:
Master’s degree

Relevant licenses and certifications.

Experience is Banking Risk Management improvement or remediation projects.

Strong knowledge of financial products, capital markets, banking industry and the related risks.

FINRA Registrations Required:
Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
Not Applicable
SEC Security-Based Swap Dealer Associated Person:
Not Applicable
About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC.

It has a presence in 68 countries, with more than 193,000 employees.

The Bank offers a comprehensive range of banking, investment and financial services solutions through three main fields of activity: Retail Banking for the Bank’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients.

Based on its strong diversified and integrated model, BNP Paribas helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In the United States, BNP Paribas has built a strong and diversified presence to support its client base.

The bank employs nearly 14,000 people and has had a presence in the country since the late 1800s in major cities including New York/New Jersey, San Francisco, Boston, Chicago, Denver and Washington, DC.

We continue to grow and strengthen our commitment to the US market.

BNP Paribas’ Corporate & Institutional Banking (CIB) platform and Asset Management platform, along with our retail presence through, Bank of the West, provide services to:
Help businesses raise capital in the US and globally by leveraging an international network spanning 68 countries
Offer consistent client service and innovative approaches for investment, hedging and financing opportunities across asset classes and geographies, as well as research and market intelligence to help our clients make strategic decisions
Support local communities by funding projects to improve technology, infrastructure, clean energy, and agriculture
Help women entrepreneurs, start-up organizations, individuals and families reach their goals through savings, community lending, and wealth management
Support our clients transition to a lower carbon economy and an increasingly sustainable business model through forward-looking financing and investing solutions
We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally.

Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business.

BNP Paribas’ Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services.

BNP Paribas Asset Management is the asset management arm of BNP Paribas and offers high value-added solutions to individual savers, companies, and institutional investors.

Bank of the West, our largest affiliate in the US, offers retail banking, wealth, corporate and commercial banking in over 500 branches and offices across the U.S.

We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion.

Some weekly physical presence in BNPP’s office(s) is an essential function of this position.

BNP Paribas.

The Bank for a Changing World.

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BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex