The bank for a changing world

We are looking for

Assistant Vice President – Global Markets and Risk Reporting Financial Controller

Apply REF: RIS001195

BNP Paribas Group:

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,600 employees, of which almost 155,000 in Europe. The Group 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. 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, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.

BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

Business Overview:

As 2nd Line of Defense function and delegated by the Intermediate Holding Company (“IHC”) Audit Committee, BNP Paribas Wholesale Holdings, Corp. Audit Committee, and management, the Finance Control Group (“FCG”) is responsible for assessing an Internal Control for Financial Reporting (“ICFR”) and Internal Control over Compliance (“ICOC”) process (collectively US Regulatory Controls). Main aspects of the program are to:

  • Perform risk identification and assessment over financial statements (ICFR) and regulatory reports (ICOC)
  • Conduct walkthrough, tests of design and tests of operating effectiveness over in-scope process and controls
  • Conduct substantive controls review on an as needed basis
  • Assess and communicate to relevant parties control exceptions and deficiencies identified during the testing
  • Collect the relevant data and prepare presentation material to various committees, including management and Board committees
  • Coordinate the ICFR/ICOC program between BancWest retail activities and Corporate & Institutional Banking activities


The Controller is primarily responsible for monitoring the Control Framework to comply with U.S. local regulatory requirement for security broker-dealer businesses under the SEA 17a-5 Rule, IHC Risk Weighted Assets calculation, and Liquidity reporting (FR2052a/ FFIEC 009). The primary responsibility will be to perform top-down risk assessment in accordance with the applicable regulations and guidelines, assessment over the design of the process and control environment, advise business/process owner for potential risk with targeted solutions, and tests over the process and control for effectiveness assessment.

Operationally, for all aspects of 17a-5 & broker-dealer specific ICFR and Risk Reporting programs, key duties / elements of the work include the following:

End of accounting period:

  • Before each closing period, review the control working program and circulate planning and specification for the regulatory control aspects of the closing process to all the stakeholders
  • For each closing period review and test the effectiveness of the controls performed by various CIB NA and IHC functions  according to the control working program
  • Review the internal control certification sent by Finance with their provider to confirm control design and effectiveness
  • Identify and escalate control gaps
  • Contribute to review and challenge the  draft of local reporting before their submission to the regulators
  • Formalize and report the results of the controls to the relevant governance bodies for local regulatory reporting
  • Interact with external consultant as needed for assessment of changes in local regulatory requirements

Permanent (on a daily basis):

  • Work side-by-side with US local team and Montreal team on the execution of control programs
  • Lead offshore ISPL team members on BAU testing; provide detailed instructions and on-the-job trainings for assigned areas
  • Develop the local regulatory control framework by assisting the local regulatory reporting team to identify and document controls in place or to be implemented by CIB North America  and IHC functions (i.e. Middle Office, Back Office, and Accounting)
  • Perform risk assessment and identify key controls in accordance with the U.S. local regulatory requirements, such as SEA 17a-5 and COSO control framework
  • Document / review documentation of processes, risks and controls
  • Perform / review testing of controls and document testing procedures performed
  • Evaluate the compliance of CIB NA and IHC accounting control environment with local regulatory requirements
  • Identification of control weakness/control gap and suggestion/implementation of solutions
  • Coordination with Control / Process Owners, external auditors and other stakeholders regarding control documentation, testing, and evaluation.
  • Update knowledge of latest regulatory reporting requirements/developments
  • Assist in developing an “control oriented’ culture for regulatory reporting  across the organization (Finance and non-Finance)

Minimum Required Qualifications:

  • Bachelor's degree in Accounting or Finance degree; CPA, CFA or equivalent required
  • Minimum 5 years of experience in public accounting; big 4 experiences in banking and capital markets and/or equivalent experience in FED/FINRA reporting/examination

Preferred Qualifications:

  • Good understanding or knowledge of SEA 17a-5 and/or SOX requirements and familiarity with COSO framework
  • Solid understanding of financial instruments and developed skills in analysis of business supporting processes from accounting control perspective
  • Strong organizational skills,  rigorous, independent, and self-disciplined
  • Attention to detail and commitment to maintaining a strong control environment
  • Good communication skills (i.e. writing, listening, presentation)
  • Advanced technical skills (i.e. MS Word, Excel, PowerPoint)

FINRA Registrations:


Not Applicable

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Primary Location: US-NJ-Jersey CityJob Type: Standard / PermanentJob: MISCELLANEOUSEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 5 yearsSchedule: Full-time Behavioural competency: AdaptabilityTransversal competency: Ability to develop and adapt a processReference: RIS001195