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:

Global Market Operations is mandated to provide end to end trade processing within CIB ITO Global Markets. GMO’s teams are focused on cross business standardization to improve efficiency of ITO services, while keeping operational risk under control. 

The team is primarily responsible for carrying out following activities: 

·       Provide best in class service to the institutional and corporate clients of the Bank

·       Process settlements, Collateral management, Treasury, payments and corporate actions for transaction initiated by CIB GM business.

·       Provide support across regions (APAC, EMEA and AMER) and products (Bonds, Equities, Complex Securities, ETF, SLAB, Repo etc.)

Tax Operations sits within the Transversal Lifecycle teams for Processing and Support functions under GMO and provides support to Operational taxes in the bank like Withholding Tax, Transaction Tax, IRS regulations information reporting etc.

Job Title:

Assistant Vice President 

Date:

June 2025

Department:

COCE Trade Processing & Support

Location:

Bangalore, India

Business Line / Function:

Transversal Lifecycle Support - Tax Operations

Reports to:

(Direct)

Vice President

Grade: 

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The incumbent in this role will be a part of Tax Operations covering Global regions supporting the Global Market businesses. More specifically the incumbent is expected to have knowledge around and work on the below aspects: 

1.     Stamp Duty Reserve Taxes: Processes around Stamp tax per market rules and any relevant exemptions and exception management for calculation/application/ payment etc.

2.     Financial Transaction Taxes: Processes around payment and/or reporting per specific market rules; relevant exemptions, documentation and exception management

3.     Withholding Tax: Key tasks involved are Tax Reclaims support, Tax vouchers, certifications, documentation lifecycle management etc.

4.     IRS Regulations for Chapter 3, Chapter 4, Chapter 61: Withholding, payment, documentation lifecycle management, reporting etc.

5.     Transaction taxes, Stamp duty or other local market taxes across regions

6.     Ensuring strict process compliance and adherence to Regulatory tax requirements

7.     Proactive identification and reconciliation of Instrument static with market data, ensuring correct tax static data is in place in the relevant systems

8.     Partnering with Ops, Technology, Business and other key stakeholders in defining and implementing the Target Operating Model

9.     Weekly & monthly Management Reporting of Key metrics, market changes and Forward looking risks.

Responsibilities

Key Responsibilities of the incumbent are: 

Create culture by enabling and empower staff that drives the following

·       Robust control environment across functions: 

o   Timely resolution and reporting of breaks / exceptions 

o   Proactive identification of issues 

o   Proactive escalations, open communication 

o   Risk mind set in the team 

·       Align self and teams to organization objectives and drive various initiatives to meet targets

o   Cost and efficiency targets 

·       Partnership and Collaboration 

o   With stakeholders such as Business, Technology, HR and other Ops teams

·       Client centricity

o   Ensure best in class client service 

o   Enhance knowledge, create SMEs 

·       Change and Innovation 

o   Create change culture in the team

o   Drive/ Participate in enhancements, synergies and standardization of functions regions

·       Drive/Participate various people agenda

o   Engagement

o   Rewards and Recognition 

o   Communication 

o   Succession planning 

o   Mobility 

o   Diversity etc…

Contributing Responsibilities

• Identification and participation in process design workshops to achieve better controls, compliance and efficiency
• Review of Tax Operations policies and procedures supporting various business lines, performance of gap analysis, and drafting of business remediation plans  
• Support of technology and system migration projects for workflow enhancements and support for new regulatory requirements
• Contribution towards departmental obligations to adhere to strict regulatory and compliance requirements and BNP Paribas policy        

Technical & Behavioral Competencies

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered:

• 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

Specific Qualifications (if required)

Minimum Required Qualifications:

• Bachelor’s degree in accounting, Finance, Business or similar

·       Minimum of 12 years’ experience and 8+ years’ experience in Operational Taxes

·       Experience and familiarity with global markets and comprehension of key tax rules and concepts e.g. Transaction Taxes, Withholding Taxes etc.

• Strong familiarity with respect to tax accounting rules and regulations
• Control oriented mindset with respect to management of daily BAU
• Strong team and leadership skills
• Innovative and adept at assessing opportunities for process improvements and automation
• Strong communication (verbal and written) and organizational skills
• Solutions-oriented thinker who is able to generate creative ideas
• Data analytic skills 

Preferred Qualifications: 

·       Knowledge of settlement systems/products

• Experience in the development and deployment of reporting systems and tools 

·       Understanding of system requirements and capabilities to ensure appropriate controls and management of BAU activity

·       Proven track record of contributing to team-oriented tasks and strategies, with the ability to identify client driven enhancements 

·       Advanced Microsoft Excel and database management (Alteryx, Tableau, Business Objects or similar) experience and skills

·       Ability to perform multiple tasks and meet established deadlines in a fast-paced work environment

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Communication skills - oral & written

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process 

Analytical Ability

Ability to understand, explain and support change

Ability to inspire others & generate people's commitment

Ability to develop others & improve their skills

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 12 years

Other/Specific Qualifications (if required)