About BNP Paribas Group:
BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24×7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals – Information Technology, Operations and Finance Shared Services.
About Businessline/Function :
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.
Job Title:
Vice President – Regulatory Reporting
Date:
2021
Department:
Financial Accounting & reporting
Location:
Mumbai
Business Line / Function:
Finance Shared Services
Reports to:
(Direct)
Business Head
Grade:
(if applicable)
VP
(Functional)
Number of Direct Reports:
–
Directorship / Registration:
NA Position Purpose
This position is required to set footprint of FinReg Governance and Regulatory Programs functions in ISPL Mumbai from US. This will help in consolidating and broadening ISPL’s horizon in providing US regulatory reporting & project management related functions support to BNP Paribas US Financial & Regulatory Reporting Department.
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 synthe 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

Technical & Behavioral Competencies

  • Ability to understand complex financial products and system architectures, including accounting business processes including financial and management reporting (IFRS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.
  • Ability to analyze complex problems and recommend practical and effective solutions.
  • Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.
  • Ability to work effectively in geographically dispersed cross-functional teams.
  • Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project).
  • Program and project management skills.

Specific Qualifications (if required)

  • 12+ years of work experience in the field of accounting and / or in the financial services industry.
  • 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 skill
  • Ability to build relationships across functional teams, detailed oriented, and strong leadership skill
  • Data Analysis and SQL experience
  • Experience with Banking and/or Capital Markets products.

Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Ability to collaborate / Teamwork
Attention to detail / rigor
Communication skills – oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to manage a project
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Choose an item.
Education Level:
Choose an item.
Experience Level:12+ years of work experience in the field of accounting and / or in the financial services industry.
At least 12years
Other/Specific Qualifications (if required)

  • 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 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

Minimum Required Qualifications
12+ years of work experience in the field of accounting and / or in the financial services industry.

  • 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 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

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