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:
ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB Finance teams across the geographies. It is organized by 7 work streams and provides services across 29 countries.
Job Title: FSS – Transformation Office, OPC Services
Senior Associate
Date:
11th November 2024
Department:
FSS – Transformation Office, OPC Services
Location:
Mumbai – Goregaon NKP
Business Line / Function:
Finance
Reports to:
(Direct)
Assistant Vice President
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
None
Directorship / Registration:
NA
Position Purpose
· Ensure that operational risk management and permanent control framework are built on a risk-based approach.
· Support Finance management team, by providing the main KPI’s, risks and control environment.
· Maintain the consistency of the Permanent Control framework, supporting Group Financial Controls team.
· Support implementation of the operational risk monitoring guidelines issued by the second line of defense (Finance, Compliance, RISK, …) based on the instructions provided by Group.
· Monitor the level of deployment of Finance's permanent operational control activities
Responsibilities
Direct Responsibilities
· Contribute to the performance of 2nd level accounting control of BNP Paribas entities.
· Manage the Beacon publication (Generic controls & Balance based controls), maintain static data changes for new accounts, role changes, dept changes, new controls etc.
· Responsible for identification of risks and Control set-up in Beacon for ACP controls and other GCPs.
· Drive the account owner sign-off and first level accounting control certification process through Beacon tool
· For non-Beacon entities, ensure that Accounting Control Repository Database is updated with the changes in accounts, controls and ownership. Based on the Accounting Control Repository Database, generate and release the Account owner sign-off and first level control certification packages
· Monitor account and 1st level control sign-off and escalate problems identified.
Contributing Responsibilities
· Participate to Finance Projects linked to Accounting Controls
· Contribute to BNP Paribas operational permanent control framework.
· Conduct additional duties and tasks assigned by Line manager
Technical & Behavioral Competencies
· Bachelor degree or an equivalent in any area but recommended in Mathematics or Financial Studies
· Any experience with auditing processes would be a plus
· Professional experience: Between 1 to 3 years of experience with reporting activities
· Proficient in Microsoft Office Suite (Excel, PowerPoint, Word).
· Knowledge of BNPP organization and business lines will also be appreciated
· MS Access working knowledge would be an added advantage
· Ability to analyze unstructured data of various nature
· Ability to form and articulate an informed position through structured thinking, problem solving and
prioritization
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Attention to detail / rigor
Client focused
Decision Making
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
An eye for detail - Habits of excellence, relentless pursuit and ability to look at every detail, consistency and attention management Improve efficiency and become more productive by “Doing it Right the First Time Every Time”
