What is this position about?
Support Team Head of FRR to deliver team missions in
o Financial & Regulatory Expertise, ensuring financial and regulatory data accuracy and reliability, performing consistent product analysis, managing cost of risk analysis;
o Financial Synthesis for local statutory reporting and contributing to Head Office reporting
o Liquidity and Regulatory reporting, producing liquidity ratios, steering of liquidity indicators and producing regulatory reporting in Singapore.
What would be your typical day at BNPP Paribas look like?
Accounting & Regulation
• Keep updated in accounting treatments and norms, including IFRS/IAS standards, group accounting policies, regional memos/policies;
• Develop regulatory reading and build connection(s) among regulatory requirements, in the perimeter of SG Finance owned reporting, jointly with Compliance team(s)
Booking & Closing
• Develop good knowledge in ledger accounting schemes (AT2, OLY, OFS etc), together with Local and Regional Control Teams;
• Explore system behaviours and data flow from upstream operational systems to accounting ledger to form a front-to-end view;
Financial Reporting
• Liaise with APAC/ISPL Finance teams in contribution to a smooth Head Office Reporting (via responding queries and requests etc in a timely and efficient manner);
• Contribute to Annual Local Statutory Reporting and disclosures items, as well as the filing of annual return, financial statements and board documents in liaison with corporate secretary.
• Support the information requirements from the external auditors on statutory audits
Regulatory Reporting
• As a preparer, contribute to maintenance of regulatory reporting database in the perimeter of SG Finance in regulatory data mappings and recurring/ad hoc adjustments
• Perform with accuracy for assigned daily compliance reports and weekly compliance summary for post-compliance monitoring purpose and senior management information;
• Perform with accuracy for assigned submission of the local regulatory returns prescribed by MAS Notices and Circulars, the surveys required by MAS and STATISTICAL BOARD, together with queries and additional information request from regulators;
Transversal
Documentation and Control Framework
• Contribute in proper documentation for audit trails and update of SOPs (both at transversal and working files level)
• Ensure proper and balanced control mindset to operate efficiently within APAC Finance Control Framework;
• Contribute to overall BNPP internal permanent control framework.
Change Management:
• Assist in regulatory or financial change impact simulation on new or changes in business activities.
• Assist in change management projects or ad hoc topics in organization, systems, regulatory/accounting changes or continuous improvements (e.g. streamlining, automation, operational performance control framework etc)
What is required for you to succeed?
• Bachelor degree in Accounting, Finance or related discipline
• At least 1-2 years relevant working experiences in financial and regulatory reporting in the banks and/or banking audit experience in Big 4 firms
• Fresh graduate with accounting degree from reputable university with strong Data Analytics background will also be considered
• Ability to collaborate/Teamwork
• Attention to detail/rigor
• Ability to deliver/Results Drive
• Excellent communication skills – Oral & written
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
More information
BNP Paribas - Diversity & Inclusion Journey
BNP Paribas - The Bank Of Green Changes
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year