Third Party Risk Officer
In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
The candidate of Third-Party Risk Management within the BNP Paribas RISK TPRM Organization at CIB Americas is responsible to provide independent oversight and strategic 2LOD guidance on Third Party Risk Management domains across both direct and indirect areas of responsibility for the CIB Americas set of operating entities. The candidate will have the opportunity to expand beyond Third Party into IT, Operational Resiliency etc.
In this capacity, the role will report to the Head of RISK ORM TPRM, CIB Americas. The day-to-day focus may vary depending on the requirements of the overall program across CIB Americas and may include independent testing, review of projects, risk assessment, risk reporting, check and challenge, development of new tools and methodologies, etc.
In detail
· Establish himself / herself as the second line of defense subject matter expert for key stakeholders in matters related to Operational Risk, in particular Third Party for CIB Americas.
· Perform gap analysis of regulations or regulatory consultations related to third party risk management against internal framework, propose remedial actions where needed.
· Prepare information to enable the governance committees in their management oversight of TPRM risks.
· Initiate timely escalations to the direct and functional managers where appropriate.
· Counsel business unit managers (e.g., Front Office) on risk management issues to ensure awareness and accountability for TPRM risks.
· Collaborate with other 2LOD functions and teams across the Americas and Group on common priorities/projects (e.g., IHC-level processes, Group-level initiatives).
· Participate in evaluating new products/changes/projects and assess the related TPRM risks and impact to the organization’s risk profile.
· Manage, oversee, or contribute to missions that are designed to evaluate TPRM risk identification and effective and sustainable mitigation; being rigorous and thorough – especially when logging and tracking issues through to conclusion.
· Provide subject matter expertise during response to major incidents and crisis events involving third parties and assist coordinate 2LoD engagement and response of crisis managers.
· Analyze risk data from various sources (e.g., external events, control deficiencies, risk register) to identify and measure levels of risk, concentration, trends and patterns.
· Work with 1LOD and 2LOD to recommend strategies that effectively treat the risks within the risk appetite (e.g., controls improvement to mitigate a TPRM risk).
· Perform check and challenge of 1LOD risk processes, data and outcomes (e.g., risk assessments, control evaluations, risk metrics, mitigation plans, risk acceptances, etc.), communicate risk opinions at various levels of management.
· Once new/modified controls are in place, continue to monitor control effectiveness and the risk & control environment to determine whether incremental improvements are required to ensure that risk exposures are within acceptable limits.
· Ensure adherence to third party risk management standards and procedures, including and not limited to:
The strengths and skills that will help you succeed
· Bachelor’s degree in a Business Management or IT
· Strong stakeholder management skills.
· Strong communication, project management and presentation skills; ability to prepare actionable information for various audiences.
· Knowledge and proficiency with data analysis and visualization tools such as PowerBI, Tableau, Alteryx, Excel.
· Good knowledge of third-party regulations as it relates to the CIB Americas scope including OSFI.
· Experience working with legal and procurement team as part of contract design to include key provisions for Third Party Risk Management
· Familiarity of industry frameworks e.g. NIST, COBIT
· Professional certifications (e.g. ISACA, ISC2) are preferred but not mandatory.
· French language would be an asset
What’s in it for you
In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.
To find out more about our range of benefits, click here
What you need to know
· We will review candidates as they apply, so don’t wait to submit your application;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
· You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
· Montreal’s Top Employers 2024
· Canada’s Best Diversity Employers 2024
· Women in Governance – Parity certified – Platinum certification
· Pride at Work Canada
· Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
· Part of Les Affaires top 300 companies in Quebec
· Synclusiv
· Ready, Willing and Able
· Autisme sans Limites
· LinkedIn Top Companies 2024
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers
** Only selected applications that meet the requirements of the role will be contacted **