BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
The Finance Department is responsible for Management reporting, Annual budgeting and analysis of Bank Financials by Business lines and Functions.
Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
Global Markets Finance team role is responsible for supporting the global markets business with reports and financial data.
Job Purpose
Reporting to the Head of GEPS/Global Equities Analysis, the PM analyst is responsible for the production of the reporting and analysis of the monthly performance for his/her business activities as well as for the budget elaboration and providing feedback to ad hoc requests from the business.
Key responsibilities
Performance Management Reporting:
- Analyze key financials including revenues, headcount, expenses, and allocation keys with a focus on meaningful analytics the Business can rely on for strategic decisions. Analysis and comments includes variance analysis vs. budgets / internal targets, highlighting trends, and following up on questions and/or concerns.
- Provide commentary on P&L evolution, including Client Contributions to understand key business drivers
- Ensure the constant accuracy of the Business Profitability data as well as the production of the monthly Business Review pack as well as Cost and Headcount reports
- Ensure complete and adequate controls on Management reporting production process and related documentation (define controls required on internal management reporting so that issues are detected, analyzed, resolved with both corrective and preventive actions defined)
- Ensure Performance Management system updates are aligned with Business specificities and expectation, including Budget Transfers and Business reorganizations
- Provide Ad hoc analysis requested by activity heads or Performance Management or Head Office
- Assist the CIB Transfer Pricing Team to ensure the consistency of the TP invoice calculation with Business Organisation; provide the requested data and make the required checks to validate the TP calculation.
Budget Process
- Supporting the Cash equities and Prime services PM Analyst for the budget elaboration.
- Analyze figures and trends, resolving differences. This includes:
- Collection of data for Revenues / Costs / Headcount;
- Make sure the information is relevant and consistent; Revenues / Costs / Headcount data must be reconciled and aligned with the Business set-up
- Ensure the information is reflected in the central systems accordingly
- Help prepare Senior Management presentations
Business Partnering
- Develop analysis tools to assist the Business heads to facilitate the management of the activity
- Provide support to reply to questions from Business Management, Finance Management, Head Office Performance Management, etc. with accurate and timely responses.
- Investigate profitability and expense issues discovered during analysis or communicated by business management and propose and implement solutions.
- Prepare ad hoc analytical reports and other presentations to help Finance and Business senior management in decision making.
Requirements
- First experience in Finance department in a global financial services company
- Knowledge of accounting principles -IFRS and Business concepts related to banking industry
- Management Accounting/Performance Management experience in Banking Industry
- Strong Microsoft Excel Skill and Office Tools
- Drive for results - Delivers high quality work
- Attention to detail and accuracy
Competencies
- Strong interpersonal skills, at ease to develop & maintain trust and effective professional relationships.
- Client focus - Sees stakeholders as well as internal clients as “customers”
- Initiative: Identifying what needs to be done and doing it before being asked or before the situation requires it.
Conduct
- Team player - Works effectively in a team. Collaborates and shares information and solutions with colleagues, with other teams and stakeholders.
- Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
- Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We’re a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
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