Business Overview:
As part of the Global Banking organization the Asset Finance & Securitization (AFS) business straddles both Global Banking (GB) & Global Markets (GM) business lines. The activity is organized by specialized teams within the Securitized Products Group (SPG) and Real Assets. Financing activity for both SPG & Real Assets is supported via GB platforms & teams while when the SPG deals result in distribution of asset-based securities to investors, primary trades are booked leveraging GM booking platforms & teams; This role will focus on the SPG activity which comprises of products: CLO, ABS, RMBS and CRE.
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
The lead IT Business analyst/Project Manager drives the Requirement Analysis, Coordinate the Development of the initiatives together with the Global and Regional IT Development teams. Lead studies and facilitate the evolution of business processes, IT application systems and processes. Facilitate the definition of Functional architecture, optimization of the workflows to increase efficiency and productivity for Global Banking AFS Front Office Business and Operational platforms.
The individual collaborates closely with AFS business stakeholders, Global Banking Operations ensuring active alignment with Global Banking Global IT teams in development of Americas AFS requirements and provide extensive functional support.
- Conduct project meetings / discussions with project sponsor and stakeholders
- Define project scope, budget, resources, deliverables, and timeline.
- Ensure timely completion of quality deliverables, identify, and manage dependencies / critical path, monitor progress, and report project status to the various project committee meetings.
- Devise contingency plans for risks and issues identified / escalated by the project team.
- Set, communicate, and continually manage project expectations / success criteria with team members and stakeholders.
- Analyze and Challenge both business and IT requirements to ensure they are consistent, relevant, and robust in line with Global Organization strategy and alignment.
- Scrutinize Business Requirements and prepare Functional Specifications to facilitate development.
- Give Walkthrough to product management for functional specification.
- Explain the functional specification to the development team and provide support to functional doubts.
- Draft test cases and test the IT deliveries before users, to verify conformity to the specifications as well as, non-regression.
- Manage qualification of releases by conducting robust System Integrated testing and coordination of User Acceptance Testing
- Work closely with Global GB IT development teams to clarify and guide development teams on functional requirements.
- Prepare User guides, Business Cases, Training Material, Production Support procedures.
- Provide functional support (Level 3 support) during User Acceptance Testing and post go-live.
- Maintain up-to-date functional documentation of AFS and Loan Servicing products and systems for production support and projects.
- Aid IT support teams in the investigation of production issues and coordinate their resolution with software suppliers when necessary.
- Participate to Internal Audits and remediation of the Audit findings.
Minimum Required Qualifications:
- 5 to 10 years of work experience and strong knowledge of AFS and Loan Servicing product and processes
- Extensive functional knowledge of the Asset Finance Business
- Strong knowledge of at least two of the following products - CLO (Collateral Loan Obligations), RBMS (Residential Mortgage-Backed Securities), CRE (Commercial Real Estate) and ABS (Asset Backed Securities)
- Able to demonstrate knowledge of the AFS Origination & booking applications
- Extensive experience as an IT business analyst
Preferred Qualifications:
- Effective Project Management skills
- Experience with Business Information systems
- Possess strong analytical and problem-solving skills and good time management skills.
- Elevated verbal and written communication in English
- Experienced with the documentation of business processes and interfaces.
- Proficient in the design of the Functional architecture of new applications or services
- MS Office (PowerPoint, Word, Excel)
- JIRA
FINRA Registrations Required:
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
SEC Security-Based Swap Dealer Associated Person:
While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.
The expected starting salary range for this position is between $120k to $200k annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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