Company Description

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d?Epargne, Natixis counts nearly 16,000 employees across 38 countries.

As Natixis Innovation Hub, Natixis in Portugal mission is to transform traditional banking by developing innovative solutions for the bank?s business, operations and work culture, being a key driver of the company?s culture of agility and innovation. Teams of IT and Banking Support Activities work in an integrated, inclusive and transversal way, supporting all the business lines and country platforms.

Job Description

The Operational Risk & Control Framework Team sits under Porto?s Compliance department. The team reports directly to Natixis in Portugal Chief Compliance Officer (CCO) and functionally to the Global Head of Operational Risk, Permanent Control & Regulatory Affairs.

The main goal of the Op. Risk & Control Framework Team is to ensure that operational risks derived from (i) businesses and operations transferred to Porto by other perimeters and (ii) local support functions are effectively and efficiently mitigated through the proper implementation and deployment of a sound and robust control framework under the main responsibility of the local business/process owners.

Within the Op. Risk & Control Framework Team, the Operational Risk Officer identifies, controls and monitors all operational risks that may be derived from a business process or activity. The person contributes to the mapping of various operational risks and investigates operational risk incidents and provides input to the recommendations for corrective measures and their implementation. It is their role to establish activity risk indicators and dashboards.

Main tasks and goals:

• Support the development and implementation of the risk & control framework for Natixis Portugal in accordance with corporate guidelines and applicable regulatory requirements.
• Support the identification, documentation and analysis of the operational risks inherent to businesses and processes locally performed.
• Assess the established control framework and challenge the effectiveness and efficiency of controls in place ensuring that, when applicable, value-adding recommendations are issued and escalated.
• Across all stages of the assessment process (i.e., planning, field work, reporting, follow up), effectively liaise with stakeholders at all levels, including Head Office Operational Risk Officers and Analysts, Business/Process (LoD1) owners, and regional counterparts, among others.
• Actively contribute to the monitorisation of operational incidents, ensuring these are registered in the proper tools and (if needed) escalated via proper channels.
• Perform analysis of operational incidents and report findings and/or recommendations to the main stakeholders/management.
• Provide professional risk reporting to management, various committees and others whenever requested.
• Execute (LoD2) controls in coordination with the Head Office Operational Risk Department and support (LoD3) internal audits when required.
• Ensure that documentation is maintained in the designated repositories in compliance with internal policies and requirements.
• Support the Compliance Controls area as and when required.
• Effectively escalate all issues and other matters of interest to management.

Qualifications

• Degree in Economics, Finance or Business Administration;

• Excellent knowledge of MS Office (Word, Excel, PowerPoint, Outlook)

• Experience with operational risk management and internal controls assessment

• Fluent English.

• Experience in banking/financial institutions preffered

Additional Information

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. After grabbing a cup of coffee and fresh fruit, pick up your laptop and choose your spot for the day. It's going to be a busy one: French class before lunch and, just after, quick medical appointment at Natixis doctor's office.
Lunch break. Outside in the big terrace (look at your crops at the Urban Garden; ready to harvest!) or, if you feel like stretching your legs, walk downtown to grab lunch.
Back inside. Quick sprint review (working together anywhere means virtual happy birthday to that colleague in Paris that just turned 35). The afternoon went flying (tasks, reports, calls, some jokes with your teammates). End it on a high note: just one PlayStation game or the final match for that ping-pong tournament.
Tomorrow, you complete that certified technical training and the day after, you will work from home, taking advantage to finally do that online course on Udemy. Once you are done with your tasks for the day, you can visit the office for a board games session or show up at the rehearsal of one of Natixis bands. If that is too steady for you, meet your colleagues to surf some waves or join them in a football match.