Manager Broker Dealer Reporting

Year    Mumbai, Maharashtra, India

Job Description


About BNP Paribas Group:BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutionsAbout Businessline/Function :Financial Accounting and Reporting team is a team with expertise in :1. Financial reporting through IFRS and FGAAP, including reporting for complex entities/products and taxation2. Financial accounting for various structured products/entities including Statutory Financial Statements preparation3. Consolidation of financials including intercompany reconciliation and global CIB Intercompany coordinationJob Title:Assistant Manager/SADate:2022Department:Financial Accounting & ReportingLocation:MumbaiBusiness Line / Function:Finance Shared ServicesReports to:(Direct)ManagerGrade:(if applicable)-(Functional)Number of Direct Reports:-Directorship / Registration:NAPosition PurposeThe 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\xe2\x80\x99s 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 ExperienceRequires 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 CompetenciesSkills
  • 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\xe2\x80\x99s degree in Accounting or Finance required
  • Master\xe2\x80\x99s degree in Accounting or Finance preferred
Specific Qualifications (if required)
  • Bachelor\xe2\x80\x99s degree in Accounting or Finance required
  • Master\xe2\x80\x99s degree in Accounting or Finance preferred
Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkAttention to detail / rigorActive listeningChoose an item.Transversal Skills: (Please select up to 5 skills)Ability to anticipate business / strategic evolutionAnalytical AbilityAbility to set up relevant performance indicatorsChoose an item.Choose an item.Education Level:Master Degree or equivalentExperience LevelAt least 5 yearsOther/Specific Qualifications (if required) CA
  • MBA \xe2\x80\x93 Finanace
  • Inter CA
QualificationsRequired ExperienceRequires 5 years minimum prior 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
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\xe2\x80\x99s degree in Accounting or Finance required
  • Master\xe2\x80\x99s degree in Accounting or Finance preferred

BNP Paribas

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Job Detail

  • Job Id
    JD3286080
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year