We are looking for

Local Regulatory Reporting - Business Analyst Junior

GROUP BNP PARIBAS

BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.

FRESH, FDS & LRRS

FRESH is a unique organization within the BNP PARIBAS IT Group. FRESH is responsible for the alignment of IT programs with the strategy and objectives of Finance and Risk. With more than 150 team members located in Madrid and Lisbon, the FRESH EMEA hub operates as a platform providing resources and expertise to deliver on tasks and projects in all areas of Finance, Risk and ALM-Treasury. This landscape is constantly growing due to major regulatory reforms, including the implementation of ESG commitments, digital transformation with the accelerated switch towards cloud technologies and major global projects that will shape the transformation of BNP Paribas.

Within the FRESH, Finance Dedicated Solutions (FDS) is a Group in charge of servicing Finance processes and users on a worldwide scope.

There are three Domains in FDS: Consolidations Solutions dedicated to Head Office Reporting, Operating Solutions dedicated to specific Finances processes and Local Regulatory Reporting Solutions (LRRS) dedicated to local or regional Finance teams producing the Financial statements & Financial prudential reporting towards the National Central Banks.

All entities on OFS (One Finance Solution), a set of 30+ standard BNPP Finance applications of which a detailed General and Analytical Ledger, are in the scope of LRRS. The scope is rapidly expanding in the wake of the OFS migration program, a program rolling out OFS worldwide and in particular in CIB/BP2S entities in EMEA, APAC and Americas. Currently approximately 80 consolidated entities are live on OFS, and 80 more are planned in the 2021-2024 timeframe.  

ABOUT THE JOB

MISSION OF LRRS:

  • Lead the LRR stream of the OFS migrations
  • Design and build systems & solutions for LRR Finance processes & users
  • Rationalize the existing systems & solutions inherited from multiple local and regional initiatives
  • Support, run and administer the LRR systems & solutions
  • Manage incidents of the LRR systems & solutions
  • Ensure communication with users and stakeholders.
  • Contribute to the training and change management of the Finance users
  • Strive to continuously improve the service provided by LRRS by tracking inefficiencies within LRRS and contributing to review Finance LRR processes
  • Implement the new FRESH framework and in particular agile @scale methodology and collaborative cross stream fertilization

Concerning the EMEA region, a dedicated LRRS team is set up in the FRESH EMEA Hub. The analyst position is part of that team.

The FRESH EMEA Hub operates as a service center providing resources and expertise to deliver on tasks and projects prioritized by FRESH On-Shore stakeholders. The FRESH EMEA hub is itself hosted within the Oxygen Platform and covers Lisbon & Madrid Locations.

The FRESH EMEA Hub operates under the “Extended Team” model encompassing a clearly defined functional reporting line for each team to onshore Managers who supervise the activities performed.

RESPONSIBILITIES

Design, develop and maintains Local Regulatory Reporting solutions:

  • LRR International (WKFS, CoreLRR, Report Generator, Local tools)
    • Deploy LRR solution project for international entities: CIB/BP2S EMEA, APAC, AMER 
  • As a Finance Business Analyst, your main responsibilities are to:
    • Participate in the analysis of LRR by collecting the following information:
      • Description of the architecture (systems, reporting tool, data flows, transformation points, ...)
      • Description of the reporting processes including manual tasks
      • Inventory of Reports
      • Identifying all the restitution axis of the reports produced
  • Define the solution according to:
    • The OFS architecture principles
    • the LRRS target architecture
  • Define the specifications according to the business requirement
  • Define the priority of the specifications within the agile backlog in collaboration with the PO and the Team Leader
  • Describe the testing strategy encompassing all stakeholders and contributors
  • Build user manuals and training material.
  • Review and update permanent documentation on the SharePoint
  • Prepare supporting documentation to instruct decisions by senior management in the LRRS & Finance governance bodies

REQUIREMENTS

The Finance Business Analyst is expected to ensure proper functional support to users of the tool, as well as providing high quality work and deliverables, on the execution of his/her job.

 Studies

  • Business school or University graduate with a master’s degree in accounting, Finance
  • Engineer diploma with Finance and/or Accounting certificates

 Experience

  • 1-3 years of experience in Finance within the Banking sector (Financial Accounting, Financial Reporting, Business/financial analysis), including audit and consultancy firms.
  • Knowledge and experience of implementation of International Financial Reporting Standards
  • Experience as business analyst /project manager in Finance systems  (Financial Accounting, Financial Reporting) or accounting interfaces (business analysis, functional requirements) appreciated.
  • Working experience in an international environment appreciated

 Languages

  • Fluent in English (B2-C1 Level minimum) mandatory
  • Knowledge of French is a plus
  • Knowledge of another European language is a plus

 SKILLS

Technical

  • Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) and Sharepoint
  • Usage of Jira or other agile ticketing tool
  • Tools: Business Object, COGNOS, SQL and dedicated local vendor solutions 

Transversal & Behavioral

  • Strong interpersonal communication (spoken and written) and customer orientation skills
  • Ability to simplify complex information in a clearly organized and visually interesting manner 
  • Capability to work and interact with people of different expertise and hierarchical level
  • Pro-active behaviour regarding the ability to work in a fast changing and demanding environment
  • Organizational skills: autonomy, capacity to manage several tasks in parallel, capacity to prioritize the activities
  • Good documentation skills
  • Strong analytical mind and problem-solving skills    
  • Collaborative work and team player

BENEFITS

  • Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries
  • Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity)
  • Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities
  • Flexible compensation plan.
  • Hybrid telecommuting model (50%)
  • 31 vacation days

Diversity and inclusion commitment

BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

Interested by our offer? Don't wait any longer!

Discover the different professions within BNP Paribas: Financing and Investment

Working in a financing and investment role at BNP Paribas involves supporting our corporate clients - from start-ups to the largest corporates - and institutions to develop their business strategies and to support their investment and project funding within local markets as well as internationally.

Find out more

Why should I apply?

Basically, why would you want to join BNP Paribas over any other company?

BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...

  • What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.

  • Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.

  • At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.

find out more