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 :

The US Financial & Regulatory Reporting Department is responsible for the production of financial and regulatory reports and information required to ensure compliance to regulatory expectations as well as other internal monitoring requirements. The FinReg Governance and Regulatory Programs team is responsible for ensuring the on-going compliance of established governance framework, oversee internal and external audits, lead and deliver transformation and continuous improvement initiatives across the department.

Job Title:

Manager - Regulatory Reporting

Date:

2022

Department:

Financial Accounting & reporting

Location:

Mumbai

Business Line / Function:

Regulatory Reporting

Reports to:

(Direct)

Business Lead

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Nil

Directorship / Registration:

NA

 

Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

  

This position is required to set footprint of FinReg Governance and Regulatory Programs functions in ISPL Mumbai from US. This will help in consolidating and broadening ISPL’s horizon in providing US regulatory reporting & project management related functions support to BNP Paribas US Financial & Regulatory Reporting Department.

  

Responsibilities

  •  
  • Direct Responsibilities

  •  
  •   The FinReg Governance & Regulatory Program Manager reports to the Head of FinReg Governance & Regulatory Programs and has broad-based responsibilities. They include:
  •    

  • Lead end-to-end implementation of changes across the organization. Efforts are largely related to regulatory remediation, automation, digitization, operational excellence / efficiency, process re-engineering, and other transformation and continuous improvement initiatives across FinReg.
  •  Coordinate internal audits and regulatory review across the Wholesale and Retail divisions. Drive remediation efforts and implement end-to-end solution

  • For reconciliations centralization initiative, responsibilities includes:
  • Perform the reconciliations between the Accounting and the Risk systems, across reports, hop to hop, etc and analyses and contribute to resolution of reconciliation breaks 
  • Ensure all the reconciliations are performed on timely basis and shared with respective FinReg Reporting Teams (e.g. Basel III, Liquidity, CCAR, Regulatory Reporting, etc). 
  • Ensure the proper audit trail and the documentation on the Reconciliations and controls. 
  • Understand and drive resolution of complex Reconciliations and controls issues. 

     

  • Contribute to the data collection and data source analysis and remediation of data issues of FinReg teams. 
  •  Establish and maintain documentation of control framework and standard operating procedures. 

Contributing Responsibilities

 

 Program management support to include: 

  •   
  • Establish program structure; define and enforce program governance.
  •  
  • Develop and maintain program/project plans, ensure on-time quality delivery of projects and activities assigned. 
  •  
  • Work with SMEs to design and develop target processes, tools/applications, and control framework.
  •  
  • Monitor and report status to all stakeholders on a regular basis, consolidate and publish status reports.
  •  
  • Risks, issues and change management, escalate effectively.
  •  
  • Support ad hoc projects and topics, drive closure to decisions and outstanding issues.
  •  
  • Schedule meetings, record and publish minutes. 
  •  
  •  
  • Work closely with reporting team leads and stakeholders to prepare presentations for various meetings with senior management

  

Technical & Behavioral Competencies

  • Ability to understand complex financial products and system architectures, including accounting business processes including financial and management reporting (IFRS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.
  •  
  • Ability to analyze complex problems and recommend practical and effective solutions.
  •  
  • Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.
  •  
  • Ability to work effectively in geographically dispersed cross-functional teams.
  •  
  • Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project).
  •  
  • Program and project management skills.  

Specific Qualifications (if required)

 6+ years of work experience in the field of accounting and / or in the financial services industry.

  • University Degree in Finance related subject preferred.
  • Management consulting, finance & accounting, audit, and regulatory reporting preferred.  
  • Master’s degree in Business Administration, Accounting, or related discipline
  • Experience with Foreign Banking Organization.
  • Regulatory and Financial Reporting experience.
  •  Experience with Banking and/or Capital Markets products.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Ability to collaborate / Teamwork

Attention to detail / rigor

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Choose an item.

Education Level:

Choose an item.

Experience Level: 6+ years of work experience in the field of accounting and / or in the financial services industry.

 

At least 6 years

Other/Specific Qualifications (if required)

               

Minimum Required Qualifications

 

6+ years of work experience in the field of accounting and / or in the financial services industry.

  • University Degree in Finance related subject preferred.
  • Management consulting, finance & accounting, audit, and regulatory reporting preferred.
  • Master’s degree in Business Administration, Accounting, or related discipline
  • Experience with Foreign Banking Organization.
  • Regulatory and Financial Reporting experience.
  • Experience with Banking and/or Capital Markets products.
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
FINANCE ACCOUNTS AND MANAGEMENT CONTROL
Education Level
Secondary Education
Experience Level
At least 5 years
Schedule
Full-time
Reference
FIN003130


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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 may not be quite what you think? BNP Paribas business lines and careers are constantly evolving to meet the expectations of our clients and society as a whole.

  • 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.

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