Avp - Fx Pnl Recon / Product Control/level 1 Control

**POSITION PURPOSE**:
Perform for the APAC region the first level controls for the P&L and FX reconciliations, ensuring differences are highlighted, adjusted and solutions are implemented.

Act as a key point of contact to the Middle Office, Operations, Local Finance and the Regional teams.

Review underlying products and transactions to resolve discrepancies.

**Direct Responsibilities**

Perform Profit & Loss reconciliation between Middle Office and accounting

Perform Foreign Exchange reconciliation between Middle Office and accounting

Perform reconciliation of Mark to Market to Equity between Middle Office and Accounting

Explain the differences between the Middle Office and the Accounting P&L (structural differences and P&L corrections)

Verify the accounting corrections detected in the context of the controls have been correctly processed

Monitor the remaining difference is at an immaterial level, and assess requirement for provision

Maintain the system and reports for P&L and FX reconciliation

To handle the finance validation of the day to day front office portfolio request and ensure it is aligned with the accounting setup.

Suggest improvement in the system and data flow for P&L and FX reconciliation

Communicate with a wide range of departments (Middle Office and Operations), Finance teams (regional and local) and Performance Management Team

Handle ad hoc queries as requested by Management

Manage a team of 4-5 members, review team’s tasks and maintain KPI

Maintain good relation with extended teams and clients

Migrate the reconciliations in the new ledger post OFS implementation per entity

**CONTRIBUTING RESPONSIBILITIES**:
Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as the Control Plan

Contribute towards UAT and go-live of reconciliation in new finance ledger; OFS

Direct contribution to BNPP operational permanent control framework

Comply with regulatory requirements and internal guidelines

Contribute to the investigation/coordination with local finance, operation & MO on other control issues.

Contribute to the overall Asset Liability Management and Rest of the bank FX position and P&L sell down process

Provide assistance in performing control on data flow for Capital Market Activities

Assist Performance Management in reconciling accounting P&L with the business line P&L reported in Paradigm.

**TECHNICAL & BEHAVIORAL COMPETENCIES**:
Ability to work under pressure in a complex environment with stake holders from various areas

Data mining skill & analytical

Self-organized, with strong ability to anticipate, plan and priorities issues

Rigorous for implementation with culture of controls

Capital Market Product knowledge

Sound financial accounting knowledge

Proficiency in Microsoft Excel, Word, PowerPoint, MS Access, Business Object (SQL, Macro & VBA knowledge is an advantage)

**SPECIFIC QUALIFICATIONS (IF REQUIRED)**:
**Professional experience**

Familiar with large international Corporate & Investment Banking activities and organization

Relevant experience in Banking, Capital Market activities and Treasury (minimum 4 years)

In Middle Office or Product Control department, as trade support, P&L calculation and analysis or organization function

**EDUCATION**:
CA

Professional membership in CPA/ACCA/CFA are desired

Some training in internal/external audit processes

**Skills Referential**

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Communication skills - oral & written

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Ability to understand, explain and support change

Ability to inspire others & generate people's commitment

Education Level:
Chartered Accountant

Experience Level

At least 8-10 years

**Other/Specific Qualifications **(if required)

Team Management skills

Good communication skill

Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret numbers

Strong sense of organization, ability to prioritize tasks and meet deadlines

Hard working

Team spirit

Curiosity and open to other cultures

**PRIMARY LOCATION**

**IN-MH-Mumbai**

**JOB TYPE**

**Standard / Permanent**

**JOB**

**FINANCE ACCOUNTS AND MANAGEMENT CONTROL**

**EDUCATION LEVEL**

**Master Degree or equivalent (> 4 years)**

**EXPERIENCE LEVEL**

**At least 7 years**

**SCHEDULE**

**Full-time**

**REFERENCE**

**FIN003311**

**APPLY**

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- (REF: FIN003311)