AM SMS BP EMEA - BNP Paribas
- Employer
- BNP Paribas
- Location
- Mumbai, India
- Salary
- Competitive
- Closing date
- Dec 30, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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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 Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.
Job Title:
Asst Manager
Date:
2024
Department:
Subject Matter Streams
Location:
Mumbai
Business Line / Function:
FSS
Reports to:
(Direct)
VP
Grade:
(if applicable)
-
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.
Responsibilities
Direct Responsibilities
Accounting & Control Functions
Banking Products is in charge of all financials topics linked to customers' banking products - credit & cost of risk, payments, deposit, customer securities, fees, other provisions, related sundry accounts, etc.
- Measure and book the required adjustments in accounting to ensure completion and accurateness through all reporting axes, including the segmented axis
- Review & perform the Suspense Provisioning and the rest of legal and tax provision
- Calculation, booking and integrity checks related to IFRS9 Impairment Calculation
- Manage the cost of risk processing
- Ensure the oversight of accounting controls performed by Banking Products Operations based on their monthly control results & quarterly sub-certification
- Control and analyse the data that contribute to the regulatory reporting (Matisse allocations, BMRC feeding, Accounting to Risk reconciliation, Local regulatory reports, non-standard feeds,....) & the disclosure production
- Provide Finance supervision & completion on LoD1 control performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools related to Corporate Accounting & Expenses
- Providing support to Back and Middle offices in all the accounting aspects required
- Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)
- Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:
o Ensuring prompt resolution and follow-up of questions / requests for information
o Escalating problems/issues to the team leader and/or head
Providing quality service to other teams
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
- Participate in the Tac/Nac process
- Participate in the upgrades/version releases of respective reporting tools
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team's efficiency and effectiveness
Other functions
- Observe the bank's policies and procedures
- Assist in any special project or request as directed by management
Technical & Behavioral Competencies
Training and occupational experience
• Knowledge of Banking products is desirable
• Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)
• IFRS9 impairment calculation knowledge will be a plus
• High proficiency in computer skills and data analytics
• Up to 3 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
• Business Objects
• Excel (including pivot tables, VLOOKUP, SUMIF)
• Programming knowledge a plus
Specific Qualifications (if required)
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Attention to detail / rigor
Communication skills - oral & written
Ability to synthetize / simplify
Ability to collaborate / Teamwork
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to develop and adapt a process
Ability to manage a project
Ability to inspire others & generate people's commitment
Education Level:
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
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 Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.
Job Title:
Asst Manager
Date:
2024
Department:
Subject Matter Streams
Location:
Mumbai
Business Line / Function:
FSS
Reports to:
(Direct)
VP
Grade:
(if applicable)
-
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.
Responsibilities
Direct Responsibilities
Accounting & Control Functions
Banking Products is in charge of all financials topics linked to customers' banking products - credit & cost of risk, payments, deposit, customer securities, fees, other provisions, related sundry accounts, etc.
- Measure and book the required adjustments in accounting to ensure completion and accurateness through all reporting axes, including the segmented axis
- Review & perform the Suspense Provisioning and the rest of legal and tax provision
- Calculation, booking and integrity checks related to IFRS9 Impairment Calculation
- Manage the cost of risk processing
- Ensure the oversight of accounting controls performed by Banking Products Operations based on their monthly control results & quarterly sub-certification
- Control and analyse the data that contribute to the regulatory reporting (Matisse allocations, BMRC feeding, Accounting to Risk reconciliation, Local regulatory reports, non-standard feeds,....) & the disclosure production
- Provide Finance supervision & completion on LoD1 control performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools related to Corporate Accounting & Expenses
- Providing support to Back and Middle offices in all the accounting aspects required
- Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)
- Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:
o Ensuring prompt resolution and follow-up of questions / requests for information
o Escalating problems/issues to the team leader and/or head
Providing quality service to other teams
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
- Participate in the Tac/Nac process
- Participate in the upgrades/version releases of respective reporting tools
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team's efficiency and effectiveness
Other functions
- Observe the bank's policies and procedures
- Assist in any special project or request as directed by management
Technical & Behavioral Competencies
Training and occupational experience
• Knowledge of Banking products is desirable
• Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)
• IFRS9 impairment calculation knowledge will be a plus
• High proficiency in computer skills and data analytics
• Up to 3 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
- Experience of working in an international environment appreciated
• Business Objects
• Excel (including pivot tables, VLOOKUP, SUMIF)
• Programming knowledge a plus
Specific Qualifications (if required)
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Attention to detail / rigor
Communication skills - oral & written
Ability to synthetize / simplify
Ability to collaborate / Teamwork
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to develop and adapt a process
Ability to manage a project
Ability to inspire others & generate people's commitment
Education Level:
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
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