About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business line/Function:
Performance Steering within Finance Shared Services is responsible for internal management reporting, providing financial insights to CIB management, Business Lines and Functions. The team provides services such as:
- Management Accounting for Revenue and Expenses
- Management Reporting
- Budget and Forecast Support
- Management Accounting System Administration
- Reconciliation of Management and Financial Accounting
Job Title:
Analyst
Date:
Department:
FS P&L
Location:
Mumbai
Business Line / Function:
Global Markets
Reports to:
(Direct)
Assistant Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The jobholder will be a part of the Global Markets team within Performance Steering team managing Management Reporting activities for Costs and Headcount (HC). The role will require him/her to act and work with Product Analysts, Performance Steering teams in HO, other Finance teams & Senior Management
Responsibilities
Direct Responsibilities
The jobholder’s primary responsibility is to ensure timely and good quality service delivery to our global stakeholders both in finance and business with insightful analysis. The role therefore requires strong analytical capabilities, collaborative mindset and ability to engage effectively with stakeholders. The key responsibilities include performance management and analysis, business partnering, governance & controls, process improvement/transformation and stakeholder engagement.
Global Markets Reporting
Global Market activities covering mainly worldwide Cost monitoring activities focused on monthly, quarterly reporting of actual costs/HC and budget support on an annual basis. He/she is responsible for the smooth day-to-day operations by
· Preparation of the database for extensive analysis of Costs & Headcount by business line, cluster, nature, & country, entity; understanding the key drivers by closely coordinating with product analysts, performance steering teams (HO), other finance teams & IT teams
· Contributing to timely and accurate financial communications which is key in Business Review presentations for Costs & Headcount covering Actuals & comparison versus Previous year & Budgets
· Contribute to Ad hoc analysis, new requests improving processes and providing value added commentary.
· Update, maintain and advise on monthly system parameters & referential (i.e. mapping tables for Centre and Allocation Hierarchy) for reporting
· Timely reconciliation and issuance of HC reports (Management Accounting vs CIB HR)
· Timely and good quality contribution to the allocation of Income on Equity based on RWA
· Supporting the accrual process with OneCapp & Other extracts/reports
· Supporting correct regional view by processing RBR adjustments (Results by Region)
· Manage / perform adjustments in management accounting system for correct management reporting
· Perform sanity checks / high-level reviews of daily/monthly reports, analyzing and responding to queries from the Paris HO, Business and senior management
· Prepare monthly management reports & other related management reporting within pre-set deadlines
· Manage the production process of budget exercises following HO and Regional PM guidelines
· Extensive support to the Paris HO for Budget on allocation key review/updates & loading of HC and Costs.
· Review process documents and keep the procedures for production of all reporting tasks up-to-date
· Promoting and implementation of Finance projects (new systems, procedures, standards/regulations)
Contributing Responsibilities
· Performing and ensuring robust operational controls are applied in line with the Group requirement
· Continuously striving to identify improvement opportunities to improve efficiency & effectiveness
· Drive to value-add with enhanced analysis and commentaries for steering performance
· Participating in and leading projects, initiatives, projects, system changes/upgrades
· Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues)
Technical & Behavioral Competencies
· Relevant experience in a similar role, preferably in banking or global financial services company
· Knowledge of Global Market business & products will be preferred
· Advanced working knowledge of MS Excel
(Formulae, pivot tables, charts, graphs, power query, etc.)
· Excellent PC skills, ability to learn new systems quickly
Specific Qualifications (if required)
CA Fresher or MBA Finance preferred
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to synthetize / simplify
Communication skills - oral & written
Creativity & Innovation / Problem solving
Critical thinking
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to understand, explain and support change
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Education Level:
Master Degree or equivalent
Experience Level
Beginner
Other/Specific Qualifications (if required)
