The bank for a changing world

We are looking for

AVP - Regulatory Reporting

Apply REF: OPE001203

 

About BNP Paribas Group:

  

“BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships”.

  

 

 

 

 

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 :

Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Job Title:

Regulatory Reporting (AVP)

Date:

Department:

 ISPL Global Markets & ALMT Operations

Location:

Mumbai

Business Line / Function:

Reports to:

(Direct)

 

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

 

Directorship / Registration

 

 

 

 

Position Purpose:

 

APAC Regulatory Reporting Support within ITO Global markets

1. Perform independent controls in order to strengthen the regulatory reporting control framework

2. Perform day-to-day post submission controls on the regulatory reports

3. Perform reconciliation of Regulatory Reports vis a vis source data / other reports and analyze all resulting breaks.

4. Communicate breaks to the concerned teams for resolution.

5. Follow-up with concerned teams till the resolution of communicated breaks.

Main drivers are client service quality, independent control, operational risk safety and cost efficiency.

General shift or APAC working hours to be followed

Daily Responsibility:

6. Various ITO team in Asia will send regulatory reports to ISPL Team. Various controls will have to be performed on these reports (in a given timeline/cut-off time)

7. Each report will have a defined set of controls which could include :

8. Variation compared to previous report

9. Consistency check across the report (or compared to another report which include same or similar data)

10. Reconciliation with another source of Data

- Depending on the breaks, communicate with the ITO team responsible for the data to investigate the breaks.

- Keep track of all breaks in order to report KPI of daily/weekly activities

- Any delay in the control process need to be reported to the concerned ITO team.

 

Skills and competencies needed in the individual:

 

1. Detailed understanding of  Asia Regulatory regime (ASIC/MAS/HKMA etc)

 

2.. Mandatory - Attention to detail: Ability to ring the bell for any abnormal trade pattern and escalate in timely manner

 

3. Mandatory - Analytical mindset: Aptitude to understand the Front to Back workflows and handle exceptional issues with logical mindsets to communicate with Front Office

 

4. Mandatory - Escalation & Reporting process: Internal rules of reporting and escalation to Ops and Front Office need to be known & applied. The team member also needs to report any sensitive information/issues and escalate immediately to management.

 

5. Mandatory - Self-discipline & autonomy: Have a constant “delivery on time” mindset, both on the daily production and on the projects handled. Ability to work on its own with little supervision.

 

6. Mandatory - Team handling experience: Track performance of associates. Give frequent feedback.

 

 

Educational qualification

 

1. Bachelor or Master Degree on Economics, Mathematics or Finance

 

2. Experience in reconciliation of Equity and OTC products (Forex, Rates & Credits)

 

3. Knowledge in Financial Products. Knowledge in Front to Back workflows and the product event management would be a significant plus.

 

4. Strong Preference to have MS Excel

 

 

 

 

 

   

 

 

 


Behavioral Skills

Decision Making

Ability to deliver / Results driven

Critical thinking

Creativity & Innovation / Problem solving

Transversal skills
Ability to manage a project

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to develop others & improve their skills

Analytical Ability


Technical competencies :
 

  • Computer skills is highly a must
  • Fluent English

  • Regulatory reporting knowledge (ASIC/MAS/HKMA etc)

  • Proficient in Excel skills, VBA skills would be added advantage

  • Front to back workflow

Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 10 yearsSchedule: Full-time Behavioural competency: Decision Making, Ability to deliver / Results driven, Creativity & Innovation / Problem solving, Communication skills - oral & written, Client focused, Active listeningTransversal competency: Ability to manage a project, Ability to develop others & improve their skills, Ability to develop and adapt a process