Operational Risk Manager, Singapore and South-East Asia

What is this position about

The Operational Risk Manager is responsible to ensure current and emerging risks are proactively identified and managed through internal control mechanisms and procedures within Client Engagement and Financial Security and Transversal perimeters to ensure compliance with regulatory requirements and BNPP Group standards. This includes local adaptation and execution of OPC methodologies, control plans, incidents investigations, procedures management and reporting to key stakeholders and Committee members.

What would be your typical day at BNPP Paribas look like

A typical day for the Operational Risk Manager in Singapore and South East Asia begins with a brief review of overnight operational risk alerts and any new incident reports. You verify that the latest control plan results have been uploaded to the BNPP system, ensure the evidence is properly archived, and flag any deviations that require immediate attention. During the morning you meet with your two OPC analysts to assign remediation tasks, discuss progress on the regional RCSA adaptations, and coach the team on any methodological updates. You then prepare a concise update for the Local COO and the OPC Committee, highlighting key control performance trends, material incidents and the status of remediation actions. Mid day involves a focused session with business line or IT partners to review root cause analyses of recent incidents, agree on corrective measures and confirm timelines for implementation. In the afternoon you present the latest OPC dashboard to the governance committee, field questions from senior management, and capture any decisions that affect the control plan or procedural updates. You close the day by logging completed actions, updating the risk register, and setting priorities for the next day, while remaining ready to respond to any emerging risks or ad hoc requests that may arise.

Primary Role Responsibilities

. Perform regular risk identification and assessment of transversal controls in liaison with independent control functions when needed, ensuring validation by the relevant management level and consistency with defined risk tolerance.

. Adapt regional standard Risk and Control Self-Assessment (RCSA) and related processes locally.

. Ensure Group procedures requirements are implemented locally, complemented with local specificities.

. Identify and propose modifications to Operating Entities procedure accordingly to the outcome of the risk assessment and other risk events.

. Define and regularly update the control plan according to the outcome of the risk assessment, regulations and other risk events.

. Execute the OPC control plan and report results to relevant stakeholders and in BNPP system. Ensure organized and clear archiving of all evidences for controls performances and results.

. Ensure that control results are reviewed and analysed by the Entity Management and when relevant, by operational teams/ relevant stakeholders and the remediation action plans are defined when needed.

. Conduct the assessment, quantification and update of potential incidents in liaison with independent control function.

. Escalate to relevant level of management on operational risk incidents and/or recurring weaknesses.

. Analyse incidents in timely manner and define, jointly with relevant stakeholders, the corrective measures to mitigate risks and follow up on the implementation of remediation actions.

. Maintain and report to the management regularly on procedure update status.

. In line with SEA and APAC Governance for operational risk management, provide a synthetic and clear vision of the OPC controls results, as well as on related remediation actions and implementation status to Committee members.

. Provide guidance to SEA OPC teams and provide training when required.

. Organize Committee meetings and present OPC results to Committee members.

. Deliver appropriate and effective executive level communication.

Other contributions

. Participate in governance committee meetings and be informed of emerging risks.

. Contribute to information requests from relevant parties.

. Coach, mentor, motivate and supervise OPC team.

. Monitor staff performance and if required support on performance reviews.

What is required for you to succeed

Technical:

. Strong leadership, diplomatic and motivational skills including the ability to lead up, across and down multiple business and technology organizations.

. Work analytically in a problem-solving environment to identify root causes and develop action plans to resolve issues.

. Experienced in leading, motivating and managing team while holding team accountable for performance.

. Strong experience presenting to senior management and demonstrated communication skills both written and oral with technical and non-technical staff, all levels of management.

. Experience influencing and gaining buy-in from team members, stakeholders and peers.

. Excellent leadership, communication (written, verbal and presentation) and interpersonal skills.

. Knowledge of best practices for controls Bank operations is an added advantage.

. Tools: MS Excel, Word, PowerPoint and Power BI.

Behavioral:

. Resourceful and does not hesitate to reach out to relevant stakeholders or peers to develop action plans to resolve issues.

. Must be able to learn, understand and apply new methodologies.

. Proactivity and capacity to take initiative.

. Have sense of urgency to complete tasks at hand.

. Self-motivated, decisive with the ability to adapt to change and competing demands.

. Excellent communication skills.

. Capacity to work in a stressful environment.

. Strong ability to multi-task.

. Good team player.

About BNP PARIBAS

As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

. BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

. BNP Paribas MixCity which fosters better representation of women at all levels of the organization

. Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

. BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year