Risk Global Operational Permanent Control Trainee

**GROUP BNP PARIBAS**

BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.

**RISK HUB**:
RISK is an integrated and independent control function of the BNP Paribas Group. It is the second line of defense on the risk management activities of the Group which are under its direct responsibilities, including credit and counterparty risk, market risk, funding and liquidity risk, interest rate and foreign exchange risks in the banking book, insurance risk, operational risk, and environmental and social risks.

RISK aims at being a partner of the businesses by contributing to their sustainable development, but also a gatekeeper to ensure risks taken remain compatible with the Group’s Risk Appetite and its strategy.

RISK Iberian Hub Madrid is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk and data protection. Offering a wide range of services to RISK teams, from consulting to cyber security going through data analysis, modelling or artificial intelligence.

**ABOUT THE JOB**:
MISSION

Within the BNP Paribas Group, RISK is responsible for the management, in compliance with BNP Paribas risks tolerance and the supporting policies and procedures, of the operational and regulatory risks caused by, or related to, its activity. A permanent control framework, relying on three lines of defense, guaranties the proper exercise of such responsibility.

RISK (1LoD) relies mostly on its RISK Chief Conduct & Control Officer (RISK CCCO) and the network of identified Operational Permanent Control (OPC) coordinators spread across the different streams of the RISK function.

The RISK CCCO coordinates, as LoD1 and in line with the RISK OPC community, the ORM framework related to all operational risks, excluding financial risks. It includes Fraud, Third Party, Data Protection, Conduct, Compliance, Regulatory, Information & Cyber security risks, and others risks types in collaboration with other specialized independent control functions and in compliance with internal policies, procedures and guidelines issued by independent control functions as well as with external regulatory and supervisory requirements. For this mission, the RISK CCCO´s scope of action is RISK.

The **RISK Global Operational Permanent Control team** will ensure alignment with Group’s Operational Risk Management Framework, provide guidelines and awareness to the RISK OPC community, and ensure alignment of the risk assessments performed by all RISK teams.

The **RISK GOPC trainee will be part of the RISK GOPC team.**

RESPONSIBILITIES

The** RISK GOPC trainee**has the responsibility to support on (i) ensuring alignment with Group’s Operational Risk Management Framework, (ii) providing guidelines and awareness to the RISK OPC community, and (iii) ensure alignment of the risk assessments performed by all RISK teams.

**This includes the following key responsibilities**:
**1. Implementation of the operational risk management framework across RISK function**

The RISK GOPC trainee will have to:

- Understand how operational risk framework is implemented within BNP Paribas Group;
- Support on the comprehensiveness and consistency of the LoD1 of the RISK function; and
- Support the effective coordination with the RISK LoD2 (second line of defense for the RISK function).

**2. Support the Third-Party Risk Management coordination across the RISK function.**

Third Party Risk Management (TPRM) is the risk of having an activity performed by a third party. TPRM is covered by the RISK Outsourcing Coordinator, who is part of the RISK CCCO team.

The RISK GOPC trainee will have to:

- Support the RISK Outsourcing Coordinator on its mandate (coordination of contracts, risk assessments, attending important meetings);
- Ensure the arrangements are properly created in the operational risk tool with the needed data quality;
- Support the creation and coordination of the RISK Outsourcing Framework.

**3. Support on transversal or ad-hoc projects**

The RISK GOPC trainee will have to:

- Support to ad hoc projects (for example, Steering Committees or improvements on the operational risk tools;
- Support the coordinator in other projects, mainly in the TPRM part.

REQUIREMENTS
- Studies: Degree / Master Degree
- Experience: Not required
- Languages: English

SKILLS
- Technical
- Knowledge of what non-financial risk is
- Interested in knowing how a bank is organized
- Legal knowledge is a plus
- Project management knowledge is a plus
- Proficient in data analysis is a plus
- Transversal & Behavioral
- Active listening
- Motivation and commitment
- Strong communication skills, both written and oral, in English
- French is a plus
- Conversant with Microsoft Office Suite

**BENEFITS**
- Hybrid telecommuting model.
- One vacation day pe