Vice President/AVP

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 Businessline/Function :

Financial Accounting and Reporting 

1.     Financial reporting through IFRS and FGAAP, including reporting for complex entities/products and taxation

2.     Financial accounting for various structured products/entities including Statutory Financial Statements preparation

3.     Consolidation of financials including intercompany reconciliation and global CIB Intercompany coordination

Job Title:

Financial Accounting & Reporting

Location:

Mumbai

Business Line / Function:

Finance Shared Services

Reports to:

(Direct)

Grade:

(if applicable)

-

(Functional)

Number of Direct Reports:

-

Directorship / Registration:

NA

Position Purpose

The Basel III team focuses on US Basel III under standardized approach. The goal of this team is to define a target operating model and deploy the systems and processes of computation of Risk Based Capital ratio, in adherence to Group level standards and applicable E.U. regulations, to support the compliance of the U.S. platform (future IHC, applicable legal entities within its scope and U.S. branches and agencies of BNP Paribas) with new U.S. Basel III requirements driven by the implementation of the EPS.

Responsibilities

• Ensure awareness of US Basel III regulations and updates

• Maintain a thorough understanding of US Basel III capital requirements and regulatory reporting requirements

• Ensure preparation and execution of close process for RWA and Regulatory capital production and effective communication and coordination with other actors involved in the close process

• Ensure consistency of exposures between the Accounting and the Risk or other source systems for calculation of RWA

•Provide analyses of IHC spot RWA and RBC ratios

• Support IHC Regulatory Reporting team for RWA and RBC related reporting such as FR Y-9C HC-R and FFIEC 102, as well as reconciliation with Regulatory Reports FR Y-9C (balance sheet, off balance sheet)

• Support CCAR program for spot RWA and Regulatory Capital calculation and reporting

• Ensure the proper audit trail and documentation on the Basel III RWA and RBC ratio for the IHC

• Ensure that US Basel III policies are consistently applied across various businesses within the IHC (CIB, Asset Managements, BancWest)

•Maintain the IHC US Basel III documentations including methodologies and procedures.

• Contribute to the norms and operational committees established over the IHC RWA and Regulatory Capital

• Contribute to maintenance of Moody’s Analytical (tool used for RWA and RBC calculation)

• Contribute to enhancement of data quality and remediation for the IHC RWA and RBC capital calculation

• In coordination with other stakeholders, establish effective reconciliations and controls process over RWA and RBC ratios

• Analyze and synthesize movements in products and variations in reports

• Coordinate with Bank of the West Finance for establishment of an integrated IHC RWA and RBC process

• Assist the Basel III Lead with coordinating/managing internal and external resources, tracking status, key attention areas and risks, manage issues and escalate effectively

Other Job Duties

• Participate in projects as required for new initiatives, process improvements or technology implementation and development

• Participate in bank examinations and internal and external audits

• Performs other duties as assigned

Required Experience

Requires 5 years of relevant experience.

• Strong Analytical and Organizational Skills

• Effective Communication Skills and a professional style

• Strong analytical skills and advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)

• The candidate must be able to manage staff members in an environment with strict deadlines

• Change management and analytical skills

• Ability to build relationships across functional teams, detailed oriented, and strong leadership skills

• Data Analysis and SQL experience

Technical & Behavioral Competencies

Skills

• Previous financial services experience in Public Accounting (i.e., Audit or Consulting)

• Strong regulatory & financial reporting knowledge prevalent in banking/financial institutions

• Public Accounting and financial statement preparation experience

• Strong Accounting background with solid general ledger experience

• Solid knowledge on capital adequacy requirements (US Basel III) and hands-on experience

• Intensive experience on RWA calculation, analysis and reporting

• Accounting and reporting experiences (5 years and more) in banks or in Broker-dealers

• SEC Reporting experience strongly preferred

• U.S. GAAP including recent pronouncements

• Knowledge of FBO and IHC requirements is preferred

Education

• Bachelor’s degree in Accounting or Finance required
• Master’s degree in Accounting or Finance preferred

Specific Qualifications (if required)

• Bachelor’s degree in Accounting or Finance required
• Master’s degree in Accounting or Finance preferred

Skills Referential

Behavioural Skills : (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Active listening

Choose an item.

Transversal Skills: (Please select up to 5 skills)

Ability to anticipate business / strategic evolution

Analytical Ability

Ability to set up relevant performance indicators

Choose an item.

Choose an item.

Education Level:

Master Degree or equivalent

Experience Level

At least 8 years

Other/Specific Qualifications (if required)

·        CA

• MBA – Finanace
• Inter CA