Regulatory Reporting Analyst - Basel III
Vice President – Head of Basel III Regulatory Reporting
MISSION AND OBJECTIVES
The Finance group at BNP Paribas North America (BNPP NA) is responsible for overseeing the accounting, financial and regulatory reporting for the firm. BNP Paribas Finance North-America is engaged in the implementation of the Fed’s Enhanced Prudential Standards for Foreign Banking Organizations.
The regulatory reporting department is specifically responsible for the regulatory reports that are submitted to the Federal Reserve Bank, various State banking departments, Cayman Islands Monetary Authority and the U.S. Department of Commerce by all U.S. branches and agencies, including its subsidiaries and special purpose entities, and ensuring that there is a sustainable control environment around the respective regulatory reporting.
The Basel III reporting analyst will support efforts to ensure BNP Paribas is in compliance with capital planning requirements and regulatory checks. Key responsabilités will include:
Basel III Support:
Adherence to Head Office level standards and applicable E.U. regulations
Support the compliance of the US platform with new Basel III requirements driven by the implementation of the EPS
Computation of the Risk Based Capital ratio under the standardized approach
Facilitate communication and report delivery across the Regulatory Reporting group:
Perform duties involved with the preparation of Risk Weighted Assets and Risk Based Capital calculation and reporting
Effective communication and coordination with other actors involved in the close processes
Contribute to maintenance of the tools and processes for Risk Weighted Assets and Risk Based Capital calculation and reporting.
Support CCAR program for spot RWA and Regulatory Capital calculation and reporting
Support that US Basel III policies are consistently applied across various businesses
Liaise with key stakeholders and partners within the organization:
Coordinate across teams to establish effective reconciliations and controls processes over RWA and RBC ratios
Perform analyses and contribute to resolution of reconciliation breaks
Serve as the point-of-contact between the Regulatory Reporting Department and Data Governance for all data programs (i.e., DQIP, Data Trace, Data Operations, etc.)
Provide ad hoc support on special topics across the department:
Participate in projects, as required, for new initiatives, process improvements or technology implementation and development
Participate in bank examinations and internal/external audits
Upon assignment, have a willingness to perform duties outside of the current scope that would support the team
TRAINING AND OCCUPATIONAL EXPERIENCE
Minimum of 7 years’ experience in Financial Reporting, Accounting, Regulatory Reporting or equivalent functions
Bachelor’s degree, or equivalent work experience, in Accounting or Finance required
Master’s degree in Accounting or Finance preferred
ESSENTIAL SPECIFIC REQUIREMENTS
Knowledge of capital adequacy requirements (Basel III) and RWA calculations
Strong regulatory and financial reporting knowledge prevalent in banking/financial institutions
Public accounting and financial statement preparation experience is preferred
Knowledge of FBO and IHC requirements is preferred
Knowledge of Moody’s Analytical will be a plus
SKILLS AND BEHAVIOURS
Exceptional communication and organizational skills
Advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)
Change management and analytical skills
Ability to build relationships across functional teams, detailed-oriented, and strong leadership skills
Data analysis and SQL experience
A recruitment policy that promotes equity and diversity:
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.
We pride ourselves in applying non-discrimination rules to all our recruitments.
We will only contact the candidates selected who meet the job requirements in terms of training and experience.
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 195,000 employees, including more than 148,000 in Europe. The Group 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
About BNP Paribas in Canada
In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building its platform even further. Since becoming the operational hub for the Group’s activities in North America in 2013, it has grown significantly to reach more than 700 employees and is expected to continue growing in the coming years. With the continued development of technology and financial fields, BNP Paribas Canada continues to attract experts with diverse backgrounds as well as young and ambitious talent from across the globe. With the international mobility and capacity that very few companies can offer, BNP Paribas prides itself in providing a superior foundation for building a professional career - a place for people to learn, to achieve and grow.