Assistant Vice President

22 hours ago


Mumbai Maharashtra India, Maharashtra BNP Paribas CIB Full time

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 InclusionAt 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 ISPL Financial Shared Services (FSS) Platform performs production and reporting activities delivered to onshore teams focused on fronting activities, and provides offshore support to nearshore teams, thus fostering standardization and Finance transformation. It is split into three components with the following missions: i.e. APAC Regional FSS, Global FSS and World Wide FSS Position PurposeThe main responsibility of the Subject Matter Stream (SMS) is to ensure the accuracy of the financial and management accounting ledgers through a new BNP Paribas tool (OFS). Understanding the tools and processes, as per the target operating model and ensure these processes are followed and documented and put in place the adequate level of controls.ResponsibilitiesDirect Responsibilities § Be responsible for the production of the Financial and Management accounting for a business unit (entity or business line)§ Test all feeds and processes before entities go live on the new systems§ Explain the components of the financial and management accounting variance to the Financial Controller via dedicated governance§ Ensure the accuracy of the Financial and Management accounting ledgers via a strong level 1 control§ Understand the OFS processes and usage of OFS tools from the financial and management accounting, controls and reporting perspective§ Create process documentations for respective areas for productions teams to follow in the target operating model§ Be responsible for the static data of the entity/business unit§ Support the production teams during parallel run and go-live to ensure that the OFS tools and processes are followed as per the target operating model Primary Skills§ Expertise in accounting of banking products/activity and on IFRS§ Knowledge of financial reporting processes in Banking and Capital Market industry§ Knowledge of Corporate and Investment Banking (CIB) activities and products§ Good communication (oral and written), organization and documentation skills.Contributing Responsibilities§ Manage and support platform growth in the area of transitions working with ISPL and global stakeholders (CFO, CEO, COO) as well as functions i.e. Legal, Tax, Compliance, DPO, Risk etc.§ Support FSS teams on IG missions, audits and reviews§ Collaborate with ISPL stakeholders on various reporting requirementsTechnical & Behavioral Competencies§ Ability to adapt to changes§ Capability to work and interact with various people of different expertise and level.§ Client focusCollaborative worker & team playerSpecific Qualifications (if required)Chartered Accountant with at least 12-15 years post qualification experienceSkills ReferentialBehavioural Skills: (Please select up to 4 skills)Client focusedDecision MakingAbility to deliver / Results drivenCommunication skills - oral & writtenTransversal Skills: (Please select up to 5 skills) Ability to develop and adapt a process Ability to manage / facilitate a meeting, seminar, committee, training…Analytical AbilityAbility to understand, explain and support changeAbility to anticipate business / strategic evolutionEducation Level: Master Degree or equivalentExperience LevelAt least 12 years


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