Vice President Operational Risks Permanent Control – New Business Initiatives Validations
New York City, New York
Expiry Date :
Fri, 06 Nov 2020 23:59:59 GMT
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BNP Paribas is a leading bank in Europe with an international reach. It
has a presence in 72 countries, with more than 202,600 employees, of
which almost 155,000 in Europe. The Group has key positions in its three
main activities: Domestic Markets and International Financial Services
(whose retail-banking networks and financial services are covered by
Retail Banking & Services) and Corporate & Institutional Banking, which
serves two client franchises: corporate clients and institutional
investors. The Group 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 Europe, the Group has four domestic markets (Belgium, France, Italy
and Luxembourg) and BNP Paribas Personal Finance is the European leader
in consumer lending.
BNP Paribas is rolling out its integrated retail-banking model in
Mediterranean countries, in Turkey, in Eastern Europe and a large network
in the western part of the United States. In its Corporate &
Institutional Banking and International Financial Services activities,
BNP Paribas also enjoys top positions in Europe, a strong presence in the
Americas as well as a solid and fast-growing business in Asia-Pacific.
* Business Overview:
Global Markets is BNP Paribas capital markets business within the
Corporate & Institutional Bank (CIB), delivering solutions across asset
classes, and industry-leading services for clients including
Institutional, corporates, private banks and retail distribution
networks. It encompasses 5 global business lines; G10 Rates, Equity
Derivatives, Foreign Exchange, Local Markets & Commodities, Primary &
Credit Markets & Prime Solutions and Financing.
Global Markets is made up of over 3,700 staff globally based in EMEA, the
Americas and Asia Pacific, with the main trading floors located in
London, Hong Kong, New York, Paris, Singapore and Tokyo. GM Americas has
approximately 700 staff.
Global Markets Americas Operational Risks & Permanent Control ( GMA
OPC ) is part of the Global Markets Americas Chief Conduct and Contro
Office. The GMA OPC framework is a key component in the assessment and
management of non-financial risks and implementation of the controls
framework. The team collaborates with Trading, Sales, Structuring, and
Risks Management teams (2LOD) to help keep non-financial risks to an
o Coordinate Global Markets Americas approval processes across all
o Perform qualitative review of internal memos prepared by business
sponsors and risk management teams.
o Assess operational & conduct risks, and provide signoff for new
activities, exceptional transactions, automated trading strategies,
and quantitative strategies.
o Support Senior Management, Global Markets stakeholders, and Risks
Management teams in the identification and remediation of non-
o Provide advisory on adequate control framework during regulatory
and internal reviews.
o Perform gap analysis and facilitate remediation of operational
o Ensure compliance with local rules, regulations, and the bank s
internal methodologies, tools and standards.
o Execute controls in identified or potential material risk areas
through specific control assignments.
o Monitor and follow-up key points raised during internal and
Minimum Required Qualifications
o 5 to 10 years of relevant Capital Markets work experience either in
a Front Office position, Operational Risks Management, Consulting,
Operations. Compliance and Audit profile will be considered.
o Technical background preferred.
o Good knowledge quantitative strategies of automated trading.
o Subject Matter Expert in one asset class
o Strong understanding of Capital Markets activities, processes and
o Good understanding of Operational & Conduct Risks
o Strong project management skills
o Strong problem solving skills
o Ability to work in a fast-paced environment and manage priorities
o Strong team spirit and leadership skills
o Excellent communication skills (written & spoken)
o Comfortable presenting projects to regional and global capital
* Preferred Qualifications:
o Data mining skills
o Excel Programming,
o Spanish or Portuguese speaker is a plu
FINRA Registrations Required:
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, religion, national origin, disability (physical
or mental), marital status, citizenship, ancestry, sexual orientation, gender
identity and gender expression, or any other legally protected status.
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