About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business line/Function:
Performance Steering within Finance Shared Services is responsible for internal management reporting, providing financial insights to CIB management, Business Lines and Functions. The team provides services such as:
- Management Accounting for Revenue and Expenses
- Management Reporting
- Budget and Forecast Support
- Management Accounting System Administration
- Reconciliation of Management and Financial Accounting
Job Title:
Senior Associate
Date:
Department:
FS P&L
Location:
Mumbai
Business Line / Function:
Corporate & Institutional Banking (ITO)
Reports to:
(Direct)
Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The role is to perform activities for Global Markets business line mainly working with Cost Accounting team on Management Accounting and Reporting activities. The role additionally involves providing Global Banking support on cost topics to Global Banking Performance Management team in Paris.
Responsibilities
Direct Responsibilities
Global Markets:
· Produce accurate daily Global Markets P&L reports to the Management & Business. Update, maintain and advise on monthly system parameters & referential (i.e. mapping tables) for reporting. Manage / perform adjustments in management accounting system for correct management reporting. Prepare monthly management reports & other related management reporting within pre-set deadlines. Perform the production process of budget exercises following HO and Regional PM guidelines. Help document operational process improvements in production, control procedures, and workflow organization to support team’s efficiency and effectiveness initiatives. Also, assist in integrating and streamlining the reporting under the team’s responsibility. Perform Trend and Variance Analysis of Management reports to give better insights.
Global Banking EMEA
· Sending One CAPP Extracts for accruals by CC/Cluster to GB Performance Management EMEA. Reporting and updation of 4A/4B keys.
· Contributing Responsibilities
· Performing and ensuring robust operational controls are applied in line with the Group requirement. Continuously striving to identify improvement opportunities and work towards the same
Projects, Systems Support, Operational Process Improvements
· In partnership with the Project team, contributes to the standardization/harmonization of best practices across systems and processes (eg operational platforms)
· Participate in the upgrades/version releases of respective reporting tools, as well as system amendments/enhancements required to facilitate new/modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment
· Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. Also assist in integrating and streamlining the reports under the team’s responsibility
· Oversee the tools supporting the general ledgers, as well as front/back office processing systems upstream/downstream to the platform that are under the team’s responsibility (e.g. LAP, One Capp,etc.)
· Participate in the development, testing, and implementation of systems to support the activities of the team, assisting in: definition of business requirements, user acceptance testing, user training, post deployment trouble-shooting
Other functions
· Observe the bank’s policies and procedures
· Provide reporting coverage by:
a. Learning the reports, tasks and requirements of the person they are backing up
b. Training his/her back-up on the preparation of the reports and tasks under his responsibility
· Participate in staff development and evaluation, as well as staffing operational process (recruiting, hiring, and training). Help ensure that staff’s skills and competencies can support reporting requirements
· Assist in any special project or request as directed by management
Technical & Behavioral Competencies
· Relevant experience in a similar role, preferably in banking or global financial services company
· Sound knowledge of Banking and Corporate Banking business & products
· Knowledge of management accounting concepts
· Advanced working knowledge of MS Excel
(Formulae, pivot tables, charts, graphs, power query, etc.)
· Good working knowledge of MS Power Point
· Excellent PC skills, ability to learn new systems quickly
Specific Qualifications (if required)
CA /MBA preferred
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Decision Making
Communication skills - oral & written
Creativity & Innovation / Problem solving
Client focused
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to understand, explain and support change
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Education Level:
Master Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if required)