Operational Risk Business Analyst

Operational Risk Business Analyst at BNP Paribas CIB

As an Operational Risk Business Analyst, your main activities will involve contributing to the organization's control framework, managing projects, engaging with stakeholders, and driving continuous improvement.

Your Main Activities Are

• Control Framework ImplementationCollaborate with stakeholders to design, implement, and maintain controls aligned with the organization’s control framework, ensuring compliance with regulatory and internal requirements. Identify gaps in existing controls and propose process improvements to mitigate risks.
• Project ManagementLead small-scale projects related to control industrialization, including: planning, executing, and monitoring project deliverables (timelines, budgets, resources); Defining business requirements for control-related initiatives, ensuring alignment with operational and strategic goals; and conducting post-development testing to validate control effectiveness and process efficiency.
• Stakeholder ManagementAct as a liaison between process owners, control owners, external auditors, and other stakeholders to: clarify control requirements and address issues promptly; and facilitate workshops or meetings to gather input and drive consensus.
• Documentation & ReportingMaintain accurate, up-to-date documentation of controls, processes, and procedures (e.g., flowcharts, standard operating procedures). Prepare clear and concise reports for management and audit purposes, highlighting control performance, risks, and remediation actions.
• Continuous ImprovementProactively identify opportunities to streamline processes and enhance control efficiency. Support ad-hoc analysis or initiatives as required by business needs.

Profile And Skills To Success

• 5+ years of experience in business analysis, control frameworks, risk/compliance, or related fields.
• Strong analytical and problem-solving skills with a data-driven approach.
• Excellent communication and interpersonal skills to engage stakeholders at all levels.
• Ability to adapt to changing priorities in a fast-paced environment.
• Organizational and time-management skills to handle multiple projects simultaneously.
• Proficiency in documentation tools (e.g., Microsoft Office, Powerpoint, Visio, SharePoint) and reporting.

Preferred

• Experience with control testing, process mapping, or audit support.
• Familiarity with regulatory frameworks (e.g., SOX, ISO, COBIT) or industry-specific standards.
• Knowledge of project management methodologies (e.g., Agile, Waterfall).

About The Team

Within the first line of defense of Global Markets, Operational Permanent Control (OPC) / Regulatory Permanent Control (RPC) are a key pillar for the monitoring of the non-financial risks (Operational, Conduct & Regulatory) & related control framework per the whole GM Regions and FO GBLs (Global Equities, FICC, Tech. Platforms). The Operational Permanent Control team deals with Operational Risk and Permanent Control area to fully meet objectives & requirements set regarding analysis and risk review, risk reduction programs and operational risk capital monitoring.

Why joining BNP Paribas?

BNP Paribas is a leading banking institution and a key player in banking and financial services in Europe, operating in 64 countries with nearly 178,000 employees. The Group holds key positions across Corporate & Institutional Banking (CIB), Commercial, Personal Banking & Services (CPBS), and Investment & Protection Services (IPS).

Diversity and Inclusion commitment

BNP Paribas is committed to cultivating an open and responsive environment that encourages collaboration and interaction. They actively contribute to the Group’s Diversity and Inclusion Strategy, aligning with United Nations Sustainable Development Goals. BNP Paribas Portugal promotes fair recruitment, professional development, and celebrates diversity through various initiatives.

Remote Working Conditions

BNP Paribas embraces a Smart Working framework based on trust, autonomy, and collaboration. Eligible employees benefit from flexible remote working options adapted to a hybrid working environment, receiving both office and home equipment, an allowance, and exclusive partnerships for additional items.

Commitment towards work/life balance

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of the Smart Working program. BNP Paribas prioritizes employee well-being and promotes a culture of good integration between work and personal life.

Key skills/competency

• Operational Risk
• Control Frameworks
• Business Analysis
• Regulatory Compliance
• Project Management
• Stakeholder Management
• Data Analysis
• Documentation
• Process Improvement
• Risk Mitigation