Assistant Manager - GCI

Job Description

Job Title: AM

Department: FSS

About Business line/Function: Regulatory Reporting.

Position Purpose: The US Local Regulatory Reporting Team is responsible for the production of financial and regulatory reports and information required to ensure compliance with regulatory expectations as well as other internal monitoring requirements. The Governance and Continuous Improvement (GCI) team ensures on-going compliance of established governance framework, coordinating internal and external audits, lead and deliver transformation, remediation, and continuous improvement initiatives across reporting teams within the LRR platform.

Responsibilities

Direct Responsibilities

The Governance and Continuous Improvement Specialist will manage transversal processes, implement process improvements, and support audit and remediation projects. Key responsibilities will include:

• Enforce quality assurance / control:
  • Manage the execution of transversal processes established to ensure compliance with LRR policies and procedures (e.g. accountability policy, manual adjustments standard, and spreadsheet management controls, etc.)
  • Serve as point of contact to coordinate across LRR reporting teams to ensure quality and consistent execution of standard processes and controls
  • Support internal and external audits

Coordinate the annual regulatory reporting training program; enhance training materials and deliver training to key stakeholders

• Support Continuous Improvement and Change Management initiatives:
  • Support the coordination and implementation of continuous improvement initiatives, i.e. to track, design and implement new or changes to existing regulatory reporting processes across reporting teams
  • Coordinate and drive on-going enhancements projects, e.g. data solution and remediation, as well as other efforts to increase automation
  • Coordinate and drive closure of outstanding issues, recommendations, system defect and ensure proper documentation
  • Provide periodic status reports to stakeholders
• Provide ad hoc support on various topics across the department, e.g. governance, operational and administrative topics, budget planning, project management, digital initiatives, or other efforts to implement strategic initiatives, standards, best practices or tools across the platform.

Collaborate with stakeholders, internal and external to Local Regulatory Reporting team, to implement changes and improvements across the organization. Establish quality control programs to ensure sustainability.

Contributing Responsibilities: NA

Technical & Behavioral Competencies

Specific Qualifications:

• Previous financial services and management consulting experience 
• Master’s degree in accounting or finance
• Knowledge of Axiom, HFM, Moody’s or other financial or regulatory reporting tools preferred
• Prior experience with Foreign Banking Organization

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• • Knowledge of reports that are due to the Federal Reserve Bank, the various State banking regulatory authorities, and other regulators
  • Ability to understand complex financial products and system architectures, accounting business processes, financial and management reporting (IFRS and US GAAP), month-end financial close process, regulatory reporting, entity consolidations and multi-currency accounting
  • Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project)
  • Strong program / project management and business analysis skills
  • Ability to build relationships across functions to drive towards a common goal

Behavioral Skills: 

Ability to develop and adapt a process 

Ability to understand, explain and support change

Analytical Ability

Education Level: 

• Minimum of 5 years’ experience in Financial Reporting, Accounting, Regulatory Reporting or equivalent functions
• Bachelor’s Degree, or equivalent work experience, in Accounting or Finance required

Location: Mumbai

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 specialized 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.

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.

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. 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.