The bank for a changing world

We are looking for

Assistant Mgr/Manager

Apply REF: CIB004631

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Businessline / Function :

The Intermediate Holding Company (“IHC”) program structured at the U.S. level across poles of activities of BNP Paribas provides guidance, supports the analysis, impact assessment and drives adjustments of the U.S. platform’s operating model due to the drastic changes introduced by the Enhanced Prudential Standards (“EPS”) for Foreign Banking Organizations (“FBOs”) finalized by the Federal Reserve in February 2014, implementing Section 165 of U.S. Dodd-Frank Act.

The Finance Control Department is a transversal function within CIB Finance whose primary roles are:

·        To develop and implement a strong financial control framework for CIB Banking and non-Banking entities (such as Broker/Dealers entities),

·        To perform 2nd level of controls for controls primary run by other Finance and non-Finance teams

·        To report on main controls areas, for both local and central needs and requirements. 

The Department is responsible for ensuring compliance with Group and CIB Head Office controls guidelines and expanding to adapt with an ever-changing Control environment. In this perspective, the Group is taking additional responsibilities to look after control for local regulatory reporting (mainly to FRB) under US GAAP.

The Group works closely with not only Finance and Tax department but with other functions of CIB NA to provide value added analysis and advisory services to its clients in the areas of financial reporting control.

Job Title:

Assistant Mgr / Manager – Regulatory Reporting Quality Assurance Specialist






ISPL Mumbai

Business Line / Function:

CIB Finance

Reports to:




(if applicable)

Assistant Mgr / Manager


Number of Direct Reports:


Directorship / Registration:



Position Purpose

Finance Business manager will be responsible for managing key deliverables related to budgeting, cost management, client management, SLA, Governance, Reporting, Efficiency tracking, driving reengineering projects, for ISPL Finance shared services, Mumbai

Individual must possess strong expertise in the area of Project management, Stakeholder management, Communication Management and preparing presentations for senior management


The Regulatory Reporting Quality Assurance (RRQA) function is responsible for developing and executing the regulatory Control Framework to secure 2nd level control for local regulatory reporting to various regulatory bodies such as FRB, FINRA and SEC, etc. The RRQA team partners with key stakeholders to identify areas of regulatory reporting improvement, including identifying process enhancements.

The regulatory reporting quality assurance specialist is a line manager role within the ISPL RRQA function. Candidate is responsible for overseeing ISPL RRQA teamand the testing programs performed by the team (report control testing, and transaction testing) for the purposes of ensuring the accuracy of reports submitted to regulators. Main responsibilities include:

  • Executing the testing program against the pre-defined framework; maintaining testing workflow tool/application; partnering with various stakeholders including Regulatory Reporting, front line unites, Risk, Compliance, Financial Reporting, and Internal Audit
  • Performing testing, and maintaining standard test documentation
  • Training and developing team members on the frameworks and ensure effective execution
  • Managing the RRQA offshore (ISPL) team, reviewing work performed by the team members, monitoring testing progress, and escalating issues/concerns to local management and onshore team manager
  • Daily coordinating with the onshore team to communicate testing requirement, progress, and team status to ensure transparency and timely delivery of quality testing results
  • Assist onshore program manager to creating metrics on testing status and findings
  • Evaluating issues by performing thorough root cause and impact analysis, identifying control gaps, and assist the business in creating remediation plans
  • Facilitating meetings with key stakeholders to socialize and validate findings



Technical & Behavioral Competencies

Must be efficient in MS Office, Microsoft Project and SharePoint

Specific Qualifications (if required)

  • 6+ years of relevant experience in RRQA, audit, Regulatory Reporting, or data sourcing/testing
  • Solid understanding and experience of U.S. regulatory reporting, such as CCAR, FR Y-9C, FR Y-15, and/or FFIEC 002 reports
  • Proven ability to lead others, manage and develop team members
  • Strong analytical skills and advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)
  • Strong communication skills (both written and verbal) and interpersonal skills
  • Attention to detail and commitment to maintaining a strong control environment
  • Solid understanding of financial industry and instruments and developed skills in analysis of business supporting processes from internal control perspective

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Client focused

Decision Making

Ability to deliver / Results driven

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to manage / facilitate a meeting, seminar, committee, training…

Analytical Ability

Ability to develop and leverage networks

Ability to understand, explain and support change

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 7 years

  • CPA/CA or equivalent preferred
  • MBA preferred
  • Big 4 and global financial services industry experience preferred
  • Accounting degree
  • Minimum 6 years of experience in the regulatory audit of banking and IHC or equivalent experience in consulting of FRB reporting process


Minimum required qualifications

  • Accounting degree
  • Minimum 6 years of experience in the regulatory audit of banking and IHC or equivalent experience in consulting of FRB reporting process

Preferred qualifications:

  • CPA/CA or equivalent preferred
  • MBA preferred
  • Big 4 and global financial services industry experience preferred
Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: FINANCE ACCOUNTS ET MANAGEMENT CONTROLEducation Level: Master Degree or equivalent (> 4 years)Experience Level: At least 5 yearsSchedule: Full-time Behavioural competency: Ability to collaborate / TeamworkTransversal competency: Ability to understand, explain and support change