The bank for a changing world

We are looking for

AVP - DRIVE Business Project Manager (Global Markets/ Treasury)

Apply REF: ITO001109

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 employees* and a presence in 13 markets, BNP Paribas 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.
 
Worldwide, BNP Paribas has a presence in 73 markets with more than 196,000 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. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

* excluding partnerships

https://careers.apac.bnpparibas/

Position Purpose

 

 

BNP Paribas has a presence in nearly 80 countries with over 180,000 employees. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Institutional Banking.

In Asia Pacific, the BNP Paribas Group is a leading employer with 9,000 employees and a presence in 14 markets. Being one of the largest international banking networks, we strive to employ talented and innovative people who are aligned to our vision and culture.

Within CIB (Corporate and Institutional Banking), the Business line Global Markets is recognized universally for its expertise and its know-how.

DRIVE team is at the heart of Global Markets (GM) and Asset/Liability Management & Treasury (ALMT), playing a critical role in enabling new business and projects across Global Markets / ALMT, contributing to alignment between Front Office and Functions, as well as being the architects (end-to-end) of the Global Markets / ALMT Value Chain.

The team hosts 2 main mandates:

- The Project Manager (under DRIVE Project Implementation) for vertical (front office to accounting) or transversal (across several business lines or users groups or locations/entities) projects during all its life cycle (from design/TOM to completion). The APAC DRIVE team leads projects initiated from the APAC region or leads the regional stream of Global/non-APAC projects.

- The end-to-end experts (under DRIVE New Business Solutions) to assist the business in the design and review of their new business initiatives and exceptional trades and to represent IT, Operations and in some cases Finance, at new business approval committees: Transaction Approval Committee (“TAC”) and New Activity Committee (“NAC”).

The key interactions are with the project sponsor, Front-office and all the impacted functions (Operations, IT, Finance, Compliance, Legal and Tax) mainly within GM or ALMT business lines but we also step in at some occasions on projects involving Corporate Banking, Wealth Management or Securities Services.

The team reports hierarchically to the GM APAC Front Office COO and functionally to the CIB APAC ITO Program Office head.


Responsibilities


As a team member of DRIVE you will run simultaneously a diversified portfolio of initiatives, mainly as “Project Manager” but also as “End-to-end expert”, alone or jointly with another PM of the team or from another region/function. You will be under the supervision of a local team leader.

Main responsibilities of each mandate:

1. Project Manager

Preliminary step: project framing
- Clarify the objective, the scope, the dependencies, the major risks & issues
- Confirm the sponsorship
- Ensure a clear business rationale is associated to the contemplated project (incl. high level ROI), identify benefits
- Size roughly the effort required to design the solution & execute the projects
- Identify contributors to be on-boarded for the study

Study / Design phase:
- Clearly state the business requirements, cost and time-frame of the project
- Coordinate & challenge experts to put together a solution meeting the business requirements
- Identify risk and dependencies that could jeopardize project execution
- Establish the full financial of the project (cost, associated revenues or savings)
- Design the project governance (roles & responsibilities, governance bodies, stakeholders’ identification)
- Design project roadmap (i.e. the overall execution plan)
- Secure the resource plan (skills, capacity) and prioritization / funding for those resources

Execution phase:
- Drive the execution of the roadmap
- Ensure aligned project status/progress is shared amongst the project community
- Identify risk & issues and propose a mitigation action plan
- Raise alerts / escalate issues / review the roadmap if required
- Monitor the budget consumption
- Monitor the feedback from contributors on project management and adjust when required
- Prepare and chair governance bodies, produce adequate reporting, communicate

Completion phase:
- Collect feedback from project participants
- Identify good practices/factors of success and fields of improvement
- Update project management toolkit with lessons learnt

The Project Manager is also accountable for ensuring that solutions designed for the project fit with the principles and are validated by the relevant validation bodies:
- Overall sound IT architecture
- Operational TOM with clear mandate for each team
- Strong controls framework
- Simple and efficient working
- Future evolution of the regulatory framework or anticipated business transformation


2. End-to-End Expert and ITO representative for TAC/NAC

 

 

Provide in-depth cross-functional analysis for new business initiatives
- Represent Operations, Finance & IT in the approval committees for exceptional transaction or new activities committees (TAC NAC)
- Leveraging on close relationships with Business Representatives (Trading, Structuring, Sales, Business Managers), gather and analyze business initiatives in order to communicate and explain them effectively to each department involved;
- Provide operational expertise to define solutions that meet / exceed the business, operations or finance requirements
- Assess feasibility and identify the setup, along with the appropriate level of controls, from an IT, Operations and Finance perspective to support exceptional transactions or new activities

Document business and functional requirements
- Design and document processes for different areas and teams (FO, Operations, Finance…)
- As appropriate, manage key projects (vertical or horizontal), bringing them to a successful conclusion (quality / cost / delay) by a close coordination of FO and ITO departments and other functions involved to achieve the objectives initially set

Minimize operational risk

- Seek to minimize operational risk by implementing sufficient regular controls, by measuring operational risk and taking actions to maintain it at an acceptable level
- Consider and/or design specific operational controls in the interest of mitigating operational risk
- Ensure appropriate escalation to management and / or Permanent Control (or compliance as appropriate) as soon as an issue remains unsolved beyond and above what can be reasonably handled within the considered remit


Technical and Behavioral Competencies

We are looking for a Project Manager with business-focused end-to-end change management experiences in the financial services or consulting environment. Exposure to one of the following Business is required: Global Markets, Global Banking, Wealth Management, Securities Services or Treasury.


- 3-7 years of experience
- Good knowledge of Front Office to Finance processing chains
- Good technical understanding of capital markets products
- Ability to interact appropriately in a non-hierarchical framework with a variety of stakeholders including Senior management, Business, SME from Operations or IT
- Comfortable operating with a strong level of autonomy and/or under pressure
- Strong analytical and problem solving skills
- ability to think outside the box and to deal with novelty
- Strong written/verbal communication and reporting skills
- Strong team working and interpersonal skills
- Organized and delivery-focused, with attention to detail
- Proactive, proposing or taking own initiatives to prevent risks / issues
- Solid work ethic and high level of motivation
- Proficiency in Microsoft office (MS Word, Excel & Power point)

Primary Location: SG-06-SingaporeJob Type: Standard / PermanentJob: OPERATIONAL EFFICIENCY TRANSFORMATION AND BUSINESS ANALYSISEducation Level: Master Degree or equivalent (> 4 years)Experience Level: At least 2 years Behavioural competency: Ability to collaborate / Teamwork, Ability to deliver / Results driven, Adaptability, Organizational skillsTransversal competency: Ability to understand, explain and support change, Ability to manage a project, Ability to manage / facilitate a meeting, seminar, committee, training…, Ability to develop and leverage networks, Ability to develop and adapt a process