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Operational Risk Officer NiCKEL Portugal

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BNP Paribas

Jan 9, 2025

  • Job
    Full-time
    Senior Level
  • Legal
  • Lisbon

AI generated summary

  • You need 5+ years in banking/payment control, fluency in Portuguese and English (French a plus), strong integrity, problem-solving skills, reliability, and regulatory knowledge.
  • You will implement and challenge the ORM framework, assess risks, manage incidents, monitor action plans, and ensure compliance with data protection regulations.

Requirements

  • At least 5 years experience in banking or payment industry with a control function background;
  • Portuguese and English are mandatory, French is a plus;
  • Team player;
  • Integrity & Accuracy;
  • Independent;
  • Problem solving & decision-making capacity;
  • Reliability;
  • General knowledge of applicable regulatory framework.

Responsibilities

  • Define and ensure the appropriate implementation of a coherent, comprehensible and accountable ORM (Operational Risk Management) framework within the Portuguese entity.
  • Check and challenge the identification and assessment of risks (including control plans) carried out by LoD1 in the Portuguese entity and ensure compliance with overall documentation.
  • Give their opinion on any derogations from the overall system.
  • At the appropriate level, check that the control library defined by the Business Lines, transversal activities or other Functions and that the local control plans are in line with the Group’s rules.
  • Formulate its opinion on derogations from the first line of defense control framework.
  • Carry out an independent challenge of the first line of defense control framework, based on a risk-based approach.
  • Contribute to the process of managing historical incidents, in particular by challenging local processes for identifying root causes and associated action plans, and monitoring their implementation.
  • Ensure that incidents are correctly identified, including an estimate of their impact, recorded and updated in the tools, within the defined deadlines.
  • Check and challenge historical incidents recorded by the first line of defense within the set deadlines.
  • Supervise the action plans of the first line of defense and monitor their implementation as well as that of the recommendations of the supervisory bodies or the General Inspection.
  • Investigate, alert, escalate and report to the appropriate management level any operational risk incident or recurring weakness, including in the organisational system.
  • Provide periodic and ad hoc reports on operational risk components for management and regulatory purposes.
  • Contribute to providing a vision of the entity’s risk profile for Nickel’s management and for the Group.
  • Ensure correct management of local Data subject rights processing and contribution to DPA complaints.
  • Contribute to local Data breach management and to the DPA notification GDPR reporting.
  • With the help of the DPO, continuously train the local team.

FAQs

What is the primary responsibility of the Operational Risk Officer at NiCKEL Portugal?

The primary responsibility is to contribute to the oversight of NiCKEL Portugal's operational risk management, including data protection frameworks, and to actively participate in identifying and assessing local risks faced by the company.

What qualifications are required for this position?

The ideal candidate should have at least 5 years of experience in the banking or payment industry with a control function background, and must be fluent in Portuguese and English; French is a plus.

Is travel required for this position?

Yes, this position requires regular travel to the head office located near Paris, France, approximately 3-4 consecutive days once per month.

What role does the Operational Risk Officer play in data protection?

The Operational Risk Officer will act as a local Data Protection Correspondent and ensure that the organization processes personal data in compliance with applicable data protection rules, including overseeing the local framework related to GDPR.

What kind of work environment does NiCKEL offer?

NiCKEL offers a dynamic work environment as part of a European Fintech company, with a strong emphasis on teamwork and collaboration within the RISK department.

What skills are essential for this role?

Essential skills include the ability to multi-task, meet deadlines, listen and analyze effectively, attention to detail, team spirit, proactivity, autonomy, and the ability to communicate clearly.

Are additional languages beneficial for this position?

Yes, while Portuguese and English are mandatory, knowledge of French is considered an asset for this position.

What kind of projects will the Operational Risk Officer be involved in?

The Operational Risk Officer will participate in cross-functional projects with Business Units and other integrated functions, such as Legal and Compliance, to ensure the effectiveness of the local control framework.

How does this position support NiCKEL's risk management framework?

This position supports NiCKEL's risk management framework by acting as a second-line-of-defense function, ensuring the robustness of the control framework and actively engaging in the identification and assessment of operational risks.

What is the company culture at NiCKEL?

The company culture at NiCKEL is centered around financial inclusion, innovation, and teamwork, with a commitment to providing simple and useful payment alternatives to customers.

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BNP Paribas

The bank for a changing world

Finance
Industry
10,001+
Employees
1848
Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise 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 Investment & Protection 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.