BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
The Finance Department is responsible for Management reporting, Annual budgeting and analysis of Bank Financials by Business lines and Functions.
Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
- Being a great place to work
- Committed to sustainability and having a positive impact
- Being dedicated to the development of our people
Business area
Group Accounting Policy (GAP) is part of Group Financial Policies within Standards & Controls. Key objectives of the GAP team include:
- Definition and dissemination of the IFRS accounting policies applicable to the consolidated group and the French accounting standards applicable to French entities
- Respond to questions relating to the interpretation of accounting standards and perform the accounting analysis for certain structured transactions
- Provide oversight and review of the technical accounting positions taken by the various other local accounting policy teams within the group to ensure the accounting policies are consistently applied
- Support the implementation of new accounting policies within the group
- Monitor developments in IFRS and French GAAP and lead the group’s advocacy on matters related to developments in these accounting standards. This is done through participation at various working group’s (FBF, EFRAG FI, EBA, AFME, ISDA etc.) and through responding to IASB consultations where appropriate
- Develop and lead training programmes related to the IFRS standard applicable to the consolidated group.
Job purpose
A senior member of the team, participating in meeting the GAP team’s key objectives as described above.
Key responsibilities
- Preparing accounting analyses for complex or structured transactions
- Providing oversight and review of the accounting analyses prepared by local accounting policy teams where sensitive accounting judgements are identified
- Monitoring developments in your area of specialisation in order to ensure the accounting policy manuals are properly updated and the new developments are disseminated to other stakeholders during quarterly IFRS updates
- Preparing material and presenting new accounting policies or interpretation to the Accounting Policy Committee for formal validation under the groups accounting policy governance
- Agreeing accounting positions with the central auditors technical accounting teams where appropriate
- Preparing material and presenting targeted relevant training on IFRS
The role interacts with numerous stakeholders with whom it is necessary to build and maintain a network of strong relationships. Notably these include
- Local Accounting Policy teams
- Business
- Group Reporting
- ALM Treasury
- RISK
- Auditors
Requirements
Essential
- Qualified accountant (ACA or equivalent) with a large amount of post qualification experience
- Experience either working in the technical accounting team within the Big 4 covering financial services clients or working in the technical accounting team within a large bank
- Experience making accounting judgements in the application of IFRS to complex capital markets transactions
- Excellent verbal and written communication skills including presentation skills
- Strong team player
- Well organized, deadline focused, with the ability to manage multiple deadlines
- Build effective relationships with peers and superiors (both within Finance & Strategy and with the Business and other functions)
Preferred
- French language skills are not required for the role but they would be beneficial
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We’re a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
- Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
- Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
- Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
- Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
- Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
- Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
- Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
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