Be our next OPC officer in Oslo

Arval AS; Oslo; On-site; NOK 750,000 - 1,100,000; Full time

Job summary

Arval Oslo is seeking an OPC officer to organize operational risk management and maintain the permanent control framework across Norway. This role focuses on risk identification, assessment and remediation, ensuring compliance with regulatory standards and Group policies.

You will manage RCSA processes, maintain risk taxonomy, and coordinate controls, reporting, and governance with local teams and 1st LoD. Strong analytical skills and bilingual Norwegian/English communication are essential.

Qualifications

• Bachelor's degree in finance, accounting, risk management or a related field.
• Minimum 2 years of experience in auditing or risk management.
• Excellent language skills in Norwegian and English.
• Strong analytical, problem-solving and reporting skills.
• Knowledge of compliance, regulatory, industry and Group standards.
• Opportunity to work across the entire Norwegian organization.
• Key role in shaping the risk culture and internal operations.

Responsibilities

• Organize operational risk management and the permanent control framework across the Norwegian organization.
• Manage Risk and Control Self-Assessment related processes.
• Identify and assess risks and controls and maintain risk taxonomy and risk assessment.
• Ensure effective RCSA implementation within the 1st LoD control perimeter.
• Contribute to remediation plans and follow-up actions.
• Develop and maintain procedures aligned with Group requirements.
• Define and update the control plan and oversee its execution.
• Follow up findings, recommendations, and external/internal audit requirements.
• Manage historical incidents and fraud risk awareness measures.
• Coordinate local Conduct framework and governance activities.

Skills

Analytical thinking

Problem solving

Reporting

Communication

Regulatory compliance

Risk management

Auditing

Cross-functional collaboration

Education

Bachelor's degree in finance

Job description

Operational Permanent Control (OPC) officer

• Sektor Privat

Organize operational risk management and the permanent control framework across the Norwegian organization, ensuring effective internal operations.

• Bachelor's degree in finance, accounting, risk management, or a related field
• Minimum 2 years of experience in auditing or risk management
• Excellent language skills in Norwegian and English
• Strong analytical, problem-solving, and reporting skills
• Knowledge of compliance, regulatory, industry, and Group standards
• Opportunity to work across the entire Norwegian organization
• Key role in shaping the risk culture and internal operations

Be our next OPC officer in Oslo

In the role as an OPC Officer, you will be responsible for organizing the operational risk management and thepermanent control framework on a risk-based approach. The purpose of the OPC function globally is – amongothers - to ensure the further development of a high-level culture of risk by employees, but also the effectiveness and efficiency of Arval’s internal operation. Overall, you will work across all of the Norwegian organization and create fruitful relationship with your colleagues within the business.

What you will do

Management of the Risk and Control Self-Assessment related Processes

Identification and assessment of risks and controls (Risk and Control Self-Assessment)

Ensure that key operational units and processes, critical IT assets, material risks and risk mitigates are identified inventoried and maintained at the appropriate level

Maintain the risk taxonomy, cartography and risk assessment at the appropriate level

Ensure the effective implementation and maintenance of the RCSA framework within the 1st LoD control perimeter at the appropriate level

Perform/drive the risk identification and assessment in liaison with independent control functions when needed, ensuring validation by the relevant management level and consistency with the defined risk tolerance

Contribute to the definition and follow-up of remediation plan if needed

Procedures

Ensure that Group procedure requirements are implemented locally, complemented with local specificities (regulations, tools organizations, ...)

Ensure that the procedures designed by the businesses and functions are identified, updated, properly stored and communicated to the relevant stakeholders within Arval Norway

Identify and propose calibration of Arval Norway's procedures according to the outcome of the risk assessment and other risk events (historical incidents (HI), control results, external events, Audit missions, )

Controls and actions plan

Define and regularly update the Arval Norway's control plan according to the outcome of the risk assessment, regulations, other risk events (HI, control results, external events, Audit missions, ...)

Perform and/or coordinate controls according to this control plan

Ensure that control results are reviewed and analyzed by the Comex members and when relevant by operational teams / relevant stakeholders and that remediation action plans are defined if and when needed

Input in Group tools the control results and major action plans

Follow-up the implementation of remediation actions

Findings, recommendations and permanent control actions

Upon notification/receipt of reports, organize the follow-up of the findings and recommendations, either issued internally (e.g. IG supervision) or externally (external auditors, supervisors) and ensure that they are closed within due date

Dynamic management of the Operational Risk Management

Management of historical incidents (including near-misses)

Alert the management and the independent control functions if needed on key incidents

Collect incidents (including impacts measurement), report and update in the Group database

(as well as local databases if needed), including suspected and attempted fraud cases

Analyze incidents in a timely manner and define, jointly with the relevant stakeholders, the correctives measures be implemented to mitigate risks

Follow-up and / or initiate the implementation of remediation actions and the unfolding of long term incidents

Perform controls on the incident collection process, in particular the cross-check with other databases (accounting or other when existing) and the half-yearly attestation by the local management

Management of external events

Watch over, in collaboration with Independent Control Functions, external events so that any major external event is taken into account in operational risk framework

Supervision of the implementation of the prevention and detection Anti-fraud Framework

Promote the Implementation and operation of ad hoc means and tools (tools, procedures, guidelines) with the support of the CCCO Office;

Setup and implement a fraud risk awareness training program for newcomers and specific trainings for employees most exposed to fraud risk;

Gathering of all information relevant to fraud risk and its dispatching to the RISK Function and the 3LoD;

Follow up, on a regular basis, of the management of fraud risk, that should be on the agenda of internal Monitoring Committees or their equivalents (ICC is an option);

Management of the implementation of recommendations from the 3LoD.

Support Local Conduct framework

Coordination of the local Conduct Framework with Corporate and local stakeholders

Co-animate the conduct framework

Organize Local Conduct Committees, report KPI's and monitor the implementation of the Conduct action plans.

Management support and governance

Involvement in Committees

Coordinate, support and advise in the validation process for exceptional transactions, new products/activities/processes (including outsourcing initiatives) validation committees (e.g. TAC/NAC) and follow-up of the implementation (e.g. that the conditions issued by control functions are met)

Coordinate, or ensure existence of participation to the committees that ensure continuous adherence of Arval Norway to the regulations and notably in charge of reviewing regulatory related control results and performance indicators, ensuring escalation of potential breaches, following-up of required remediation actions, analysing any impact of change of regulation on OPC set-up, i

Alert and Reporting

Alert and accelerate to the relevant level of management as well as to the relevant independent control functions any operational risk incident and/or any recurring weakness

Perform periodic and ad-hoc reporting to the appropriate level of management as well as to independent control functions

Relevant experience and requirements

Risk assessment and management

Internal control development and monitoring

Analytical and problem-solving abilities

Reporting and presentation skills

Attention to detail and accuracy

Compliance knowledge (regulatory, industry and Group standards)

Communication, interpersonal skills

Audit coordination and management

Team work and collaboration

Bachelor degree minimum in finance, accounting, risk management or a related field

Minimum 2 years of experience in auditing or risk management (preferably in a similar sector)

Strong analytical skills

Arval DNA:

Teamwork is essential at Arval. Together with your colleagues, you guard that customers are served in the most optimal way. By listening to our customers and providing them with the best solutions. You are helpful and capable to see matters from different angles.

You want to make the most of yourself and with that, you contribute to the organization’s success. You distinguish yourself by out of the box thinking and going the extra mile, for colleagues, customers, and other stakeholders. You have a mindset to challenge and are curious with the intention to improve. Besides that, you adapt quickly to a dynamic and fast changing environment. Concisely: together with your colleagues, you make sure that the organization keeps developing and growing to be ready for the future.

Arval is one of the world's leading players in fleet management and full-service leasing. With one of the leading Banks, BNPParibas as stakeholders, more than 8,600 employees worldwide, and 36 employees in the local Norwegian office in Nydalen, we are a fast-growing international company. Based on an entrepreneurial and solution-oriented approach, Arval works towards a clear mission; To provide our customers with the most comprehensive leasing service possible.

Khaloud Djemili

Head of HR