(Bank)Finance_Junior_12M FTC - BNP Paribas

What is this position about?

Responsible for handling of daily GL adjustments for daily Balance Sheet, regulatory reporting and group internal reporting for financial information of CIB Korea entities (BNPP Seoul Branch and BNPP Securities Korea).

What would be your typical day at BNPP Paribas look like?

Primary Role Responsibilities

• Prepare daily GL adjustment items for Daily Balance Sheet (DBS) and circulate the finalized DBS within local Finance.
• Check BOK reserve and communicate with Treasury regarding the required amount and actual amount of BOK reserves and local regulatory reporting.
• Ensure and reconcile Withholding Tax and perform monthly/ yearly reporting & payments for NTS.
• Assist timely reporting and payment for Corporate Tax and Education Tax
• Calculate and report KDIC and KCGF fee based on reconciled Daily BS and Average BS for loan and deposit items.
• Responsible for processing auditor requests on bank confirmations.
• For external audit for year-end closing, ensure that audit requirements are delivered properly and any issue raised by an auditor is well followed up.
• Contribute to local Finance's mission completion with proactively taking ad hoc tasks or any additional tasks/responsibilities.

Other contributions

• Minimize operational failure by implementing sufficient regular self-checks & controls.
• Ensure appropriate escalation to CFO, Local/Regional Managements and/ or Local Compliance as appropriate as soon as an issue is identified.
• Comply with internal and external regulatory and compliance requirements.
• Comply with the BNPP standards of Code of Conduct and BNPP IT Securities.

What is required for you to succeed?

• Knowledge of banking and securities business and products and the related accounting treatments
• Understanding of local regulatory requirements on banking & financial investment entities.
• Understanding of basic tax accounting

Experience level - less than 3 years

About BNP PARIBAS

As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

• BNP Paribas MixCity which fosters better representation of women at all levels of the organization

• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

• BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

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Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year