Sharekhan - AVP - Operational Risk Control

Job description:

Guarantee and awareness of the tasks and effectiveness in Operational Risk & Control at Sharekhan Ltd. (including all sub-entities) in consideration of the high supervisory responsibility concerning organization, coordination and control of the network and escalation to the management.

Main Tasks:

To guarantee:

- Coordination and responsibility of RISK ORC at Sharekhan including all sub-entities, branches and franchises

- Participation as main representative in several RISK ORC committees on APAC and Indian territory level

- Definition and coordination of the organizational structure and the interaction of the different stakeholders and the operational organization of steering committees.

- Exchange with national and international business units of BNP Paribas to develop a strategy to cooperate in the field of RISK ORC and participation in its implementation

- Independent determination of the standard and methodological fully developed interaction between different permanent control elements and the operational risk calculation and its management

- Coordination and support with the local OPC and Internal Audit team and other permanent control teams

- Monitoring and control of the fulfilment of group standards

- Analysis of the framework of all the risk critical and efficiency evaluations (e.g. analysis/review of incidents, estimation of potential incidents) and independent deduction of process improvements and innovations

- Independent identification of necessary adjustments due to legal and quality requirements in consideration of risk criteria

- Supervision (2nd LoD controls) of the 1st LoD (especially OPC and Internal Audit team):

- Control of local structures and the implementation of the governance control framework

- Permanent supervision, review, re-performance and challenge of permanent control results and actions

- Supervision of cross connections

- Independent development of exemptions

- Organization and preparation of regulatory and internal reportings and participation in internal control committees (on local and territory level).

- Independent assessment / performance of oversight controls for

- High risk areas (e.g. as a result from HIs or RCSA)

- Presence of inefficient permanent control processes

- Irregularities or detected incidents

- Reporting and Escalation of irregularities, findings and detected inefficiencies to the local management and PI RISK ORC

- Correspondence for 3rd party risk at RISK ORC Sharekhan

To contribute:

- Participation in the process for the risk-oriented valuation of new activities, products, organizations and changes in key processes

- Consolidation, follow-up and review of several OPC-reports

- Efficient and effective design of a cooperation between process participants by ensuring a useful and complete flow of communication between all the stakeholders

- Reporting to local RISK CRO and to Head of PI RISK ORC