Finance - Performance Steering - Global Markets

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
Performance Steering within Finance Shared Services is responsible for internal management reporting, providing financial insights to CIB management, Business Lines and Functions. The team provides services such as:

• Management Accounting for Revenue and Expenses, Management Reporting
• Budget and Forecast Support, Management Accounting System Administration
• Reconciliation of Management and Financial Accounting

Job Title
AVP

Date
Department:

FS P&L

Location:

Mumbai

Business Line / Function
Global Markets

Reports To
(Direct)

VP

Grade
(if applicable)

(Functional)

Number Of Direct Reports
NA

Directorship / Registration
NA

Position Purpose

The jobholder will lead the Global Markets team within Performance Steering team with key responsibility to publish Global Markets Daily and Monthly P&L and also work with Cost Accounting team on Management Accounting and Reporting activities. The role will require him/her to act and work with Product Controllers, Businesses, Regional publication & performance steering teams & Senior Management.

Responsibilities
Direct Responsibilities

Global Markets Reporting

• Produce accurate daily Global Markets P&L reports to the Management & Business
• Review FO/MO reconciliations between Trading P&L estimations at T and Official MO P&L at T+1 for explanation and comment to management when required
• Interact with Business Managers to improve P&L reporting
• Reconcile monthly RCM and VRC MAP and Reserves during EOM process
• Interact with Regional Global Publication/Product Control teams for reporting alignment
• Prepare MTD projection P&L Reports, P&L Reallocations, CC Retention Analysis, Cost of Risk Adjustments, etc
• Update, maintain and advise on monthly system parameters & referential (i.e. mapping tables) for reporting
• Manage / perform adjustments in management accounting system for correct management reporting
• Prepare monthly management reports & other related management reporting within pre-set deadlines
• Manage the production process of budget exercises following HO and Regional PM guidelines
• Perform sanity checks / high-level reviews of daily/monthly reports, analyzing and responding to queries from the business and senior management
• Review process documents and keep the procedures for production of all reporting tasks up-to-date
• Promoting and implementation of Finance projects (new systems, procedures, standards/regulations)

Contributing Responsibilities

• Managing and Reviewing responsibilities of the team and team deliverables
• Performing and ensuring robust operational controls are applied in line with the Group requirement
• Continuously striving to identify improvement opportunities to improve efficiency & effectiveness
• Drive to value-add with enhanced analysis and commentaries for steering performance
• Participating and leading projects, initiatives, projects, system changes/upgrades
• Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues)

Technical & Behavioral Competencies

• Relevant experience in a similar role, preferably in banking or global financial services company
• Sound knowledge of Global Market business & products
• Understanding of Product Control Activities will be good to have
• Advanced working knowledge of MS Excel

(Formulae, pivot tables, charts, graphs, power query, etc.)

• Basic knowledge of Python will be good to have
• Excellent PC skills, ability to learn new systems quickly

Specific Qualifications (if Required)
MBA Finance preferred

Skills Referential
Behavioural Skills: (Please select up to 4 skills)

Ability to synthetize / simplify

Communication skills - oral & written

Creativity & Innovation / Problem solving

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level
Master Degree or equivalent

Experience Level

At least 10 years