BNP Paribas

Senior Associate / Assistant Manager / Manager - Operational Risk Officer- Outsourcing RISK

BNP Paribas

Mumbai, Maharashtra, India
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a proactive risk management professional looking to take on a challenging role in a leading financial institution? Look no further! BNP Paribas is seeking a highly motivated and experienced Senior Associate / Assistant Manager / Manager - Operational Risk Officer for our Outsourcing Risk team. In this role, you will play a critical role in ensuring the effective management of outsourcing risk across the organization. If you have a strong understanding of operational risk and risk management practices, excellent communication skills, and a drive for continuous improvement, we want to hear from you! Join our dynamic team and make a significant impact on our risk management framework.

  1. Develop and implement risk management strategies and processes for the organization's outsourcing activities.
  2. Conduct risk assessments and identify potential outsourcing risks.
  3. Monitor and evaluate the effectiveness of risk mitigation strategies and make recommendations for improvements.
  4. Collaborate with various departments and stakeholders to ensure compliance with regulatory guidelines and internal policies related to outsourcing risk.
  5. Stay updated on industry best practices and continuously improve the organization's risk management framework.
  6. Communicate potential risks and their impact to senior management and provide recommendations for risk mitigation.
  7. Conduct training sessions and workshops to increase awareness of outsourcing risk and promote a strong risk culture within the organization.
  8. Lead and manage projects related to outsourcing risk, including but not limited to due diligence, contract reviews, and risk remediation.
  9. Develop and maintain relationships with external vendors and service providers to ensure effective risk management of outsourced activities.
  10. Stay updated on industry developments and regulations related to outsourcing risk and make necessary adjustments to the risk management framework.
  11. Collaborate with internal audit teams to ensure risk management processes are in line with internal and external requirements.
  12. Maintain accurate and up-to-date documentation of all outsourcing risk management activities.
  13. Provide regular reports and updates to senior management on the organization's outsourcing risk profile.
  14. Mentor and train junior team members, providing guidance and support in their professional development.
  15. Act as a subject matter expert on outsourcing risk and provide expertise and support to other departments as needed.
Where is this job?
This job is located at Mumbai, Maharashtra, India
Job Qualifications
  • Strong Understanding Of Operational Risk Management: The Candidate Should Have A Deep Understanding Of Operational Risk Management Principles And Techniques, Including Risk Assessment, Control Monitoring, And Incident Management.

  • Experience In Outsourcing Risk Management: Bnp Paribas Deals With A High Volume Of Outsourcing Activities, So The Ideal Candidate Should Have Significant Experience In Managing Outsourcing Risks And Vendor Relationships.

  • Regulatory Knowledge: The Candidate Should Have A Thorough Understanding Of Relevant Regulations And Guidelines Related To Outsourcing, Such As The Eu Outsourcing Regulation And The Occ Bulletin 2013-29.

  • Excellent Analytical Skills: Operational Risk Officers Are Responsible For Analyzing Complex Risks And Identifying Potential Control Gaps. The Candidate Should Possess Strong Analytical Skills To Effectively Assess And Mitigate Risks.

  • Communication And Leadership Skills: As A Senior Member Of The Operational Risk Team, The Candidate Should Have Excellent Communication And Leadership Skills To Effectively Interact With Stakeholders And Lead A Team. This Includes The Ability To Influence Decisions And Effectively Communicate Risk Issues To Senior Management.

Required Skills
  • Risk Management

  • Process Improvement

  • Project Management

  • Vendor Management

  • Contract Negotiation

  • Compliance

  • Due Diligence

  • Regulatory Requirements

  • Stakeholder management

  • Risk

  • Operational Risk

  • Outsourcing Risk

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Associate / Assistant Manager / Manager - Operational Risk Officer- Outsourcing RISK in Mumbai, Maharashtra, India is between ₹1,500,000 - ₹2,500,000 per year. However, factors such as years of experience, industry, and company size can also impact the salary range.

Additional Information
BNP Paribas is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesHindi
Job PostedApril 15th, 2025
Apply BeforeMay 10th, 2026
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About BNP Paribas

BNP Paribas SA engages in the provision of banking and financial services. It operates through the following main businesses: Retail Banking and Services and Corporate and Institutional Banking. The Retail Banking and Services business includes domestic markets and international financial services. The Corporate and Institutional Banking comprises of corporate banking, global markets, and securities services.

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