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:

The Intermediate Holding Company (“IHC”) program structured at the U.S. level across poles of activities of BNP Paribas provides guidance, supports the analysis, impact assessment and drives adjustments of the U.S. platform’s operating model due to the drastic changes introduced by the Enhanced Prudential Standards (“EPS”) for Foreign Banking Organizations (“FBOs”) finalized by the Federal Reserve in February 2014, implementing Section 165 of U.S. Dodd-Frank Act.

The Standard & Control Department is a transversal function within CIB Finance whose primary roles are:

·       to develop and implement a strong accounting control framework for CIB Banking and non-Banking entities (such as Broker/Dealers entities),

·       to perform 2nd level of controls for controls primary run by other Finance and non-Finance teams, and

·       to report on main controls areas, for both local and central needs and requirements.

The Department is responsible for ensuring compliance with Group and CIB Head Office controls guidelines and expanding to adapt with an ever-changing Control environment.

In this perspective, the Group is taking additional responsibilities to look after control for local regulatory reporting (FED/FINRA/SEC) under US GAAP.

Job Title:

Assistant Manager

Date:

06/01/2025

Department:

Finance Shared Services

Location:

Mumbai

Business Line / Function:

Finance Shared Services

Reports to:

(Direct)

Team Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

This role encompasses Regulatory Reporting Control testing, Process controls and IT General controls for CIB. This role plays a critical role within the Bank, ensuring a solid internal controls framework are designed and operating effectively to meet various US Regulatory Requirements

Responsibilities

Direct Responsibilities

•    Contribute to review and challenge the US Regulatory Reporting filings basis the Regulatory requirements, especially the manual adjustments.
•      Hands-on experience on US Regulatory Reports like RWA, Liquidity reports, Y15, Y9C.
•    Develop and maintain the US regulatory control framework by assisting the US Regulatory team to identify and document risks and controls in place or to be implemented by CIB North America functions (i.e., Middle Office, Back Office, Accounting, and functions)
•     Evaluate the compliance of CIB accounting control environment with US regulatory requirements.
•     Identification of control weaknesses/control gaps and suggestion/implementation of solutions
•      Perform control testing work on specific processes related to Liquidity testing.
•      Identify and escalate control gaps to US team for timely remediation.
•      Examine internal IT controls, evaluate the design and operational effectiveness, determine exposure to risk and develop remediation strategies.
• Evaluate and test application controls.

Contributing Responsibilities

Technical & Behavioral Competencies

•      Accounting degree (with concentrations in financial/regulatory audit)
•      CPA or equivalent preferred (CA/MBA)
•      Minimum 3 years of experience in Regulatory reporting process
•      Good understanding or knowledge of SOX/FDICIA requirements and familiarity with COSO framework 
•      Solid understanding of financial instruments and developed skills in analysis of business supporting processes from accounting control perspective
•      Strong organizational skills, rigorous, and self-disciplined
•      Attention to detail and commitment to maintaining a strong control environment.
•     Good communication skills, (i.e., writing, listening, presentation)
•      Advanced technical skills (i.e., MS Word, Excel, PowerPoint, Access)

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Choose an item. Attention to detail / rigor

Choose an item. Communication skills - oral & written

Choose an item.  Client focused

Choose an item.  

Transversal Skills: (Please select up to 5 skills)

Choose an item.  Analytical Ability

Choose an item.  Ability to develop others & improve their skills

Choose an item.  Ability to understand, explain and support change

Choose an item.

Choose an item.

Education Level:

Choose an item.

Experience Level

Choose an item.

Other/Specific Qualifications (if required)