Associate Level 1/Senior Associate – FSS OPC

February 27, 2024

Associate Level 1/Senior Associate – FSS OPC

ReferenceFIN003521

  • Standard / Permanent
  • IN-MH-Mumbai
  • FINANCE ACCOUNTS AND MANAGEMENT CONTROL
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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 24×7 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 :

ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB/BOW Finance teams across the geographies. It is organized by 7 work streams and provides services across 29 countries

Job Title:

Associate

Date:

Feb 2024

Department:

Financial Shared Service

Location:

Mumbai

Business Line / Function:

Finance

Reports to:

(Direct)

Assistant Vice President

Grade:

(if applicable)

Associate

(Functional)

Number of Direct Reports:

None

Directorship / Registration:

N.A.

Position Purpose

    The position is to support the Finance and Tax Operational Permanent Control (OPC) team in NAR and LATAM. The Finance and Tax OPC builds the operational risk management and permanent control framework on a risk-based approach for non-financial and transversal risks (including Communication, Social Responsibility, Business Continuity, Compliance, Legal, and Data Protection areas) in collaboration with independent control functions, and in compliance with internal policies, procedures and guidelines issued by such independent control functions, and with external regulatory and supervisory requirements.

    Responsibilities

    Main Responsibilities

    •         Extract, process the data from the internal tools in use and prepare the information for prospective various internal and external Committees and meetings.

    •         Submit necessary requests for data provision to various contributors, ensure that the received information is accurate and consistent.

    •         Prepare ad hoc visualizations and reports for the internal and external Committees and meetings.

    •         Provide processed and relevant operational information to the team members, Line manager, Head of Finance and Tax OPC, various 2LoD (second line of defense) teams.

    •         Perform analysis of data flow across the internal tools in use, document detected discrepancies and report them to the Line manager and the Head of Finance and Tax OPC.

    •         Identify key data and raise awareness of any data flow breach to the Line Manager and the Head of Finance and Tax OPC.

    •         Ensure that the quality of data is compliant with applicable methodologies and rules imposed by internal and external policies, procedures, and guidelines.

    Contributing Responsibilities

    •         Contribute to the implementation of the risk management policies and procedures within Finance and Tax OPC remit.

    •         Contribute to the development and management of the operational measures that aim at increasing the effectiveness of the existing processes within various Finance and Tax sub teams in NAR and LATAM.

    •         Conduct additional duties and tasks assigned by Line manager.

    Technical & Behavioral Competencies

      •         University degree preferably in Finance, Accounting, Banking or in Economics, Mathematics.

      •         At least 2 years of experience in financial, accounting, banking, or risk-management fields.

      •         Knowledge of the fundamental principles of the banking activity, banking products, financial operations and risk concepts.

      •         Interpersonal skills, communication skills and ability to negotiate.

      •         Ability to analyze unstructured data of various nature.

      •         Ability to form and articulate an informed position through structured thinking, problem solving and prioritization.

      •         MS Office, Power BI, Power Query, Alteryx, Tableau.

      Fluent English

      Specific Qualifications (if required)

      Skills Referential

      Behavioural Skills: (Please select up to 4 skills)

      Client focused

      Ability to collaborate / Teamwork

      Ability to deliver / Results driven

      Communication skills – oral & written

      Transversal Skills: (Please select up to 5 skills)

      Ability to understand, explain and support change

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

      Ability to inspire others & generate people’s commitment

      Ability to develop and leverage networks

      Ability to understand, explain and support change

      Education Level:

      Bachelor Degree or equivalent

      Experience Level

      At least 2 years

      Other/Specific Qualifications (if required)  

      At least 2 years of experience in financial, accounting, banking, or risk-management fields.

                     

      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 24×7 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 :

      ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB/BOW Finance teams across the geographies. It is organized by 7 work streams and provides services across 29 countries

      Job Title:

      Associate

      Date:

      Feb 2024

      Department:

      Financial Shared Service

      Location:

      Mumbai

      Business Line / Function:

      Finance

      Reports to:

      (Direct)

      Assistant Vice President

      Grade:

      (if applicable)

      Associate

      (Functional)

      Number of Direct Reports:

      None

      Directorship / Registration:

      N.A.

      Position Purpose

      The position is to support the Finance and Tax Operational Permanent Control (OPC) team in NAR and LATAM. The Finance and Tax OPC builds the operational risk management and permanent control framework on a risk-based approach for non-financial and transversal risks (including Communication, Social Responsibility, Business Continuity, Compliance, Legal, and Data Protection areas) in collaboration with independent control functions, and in compliance with internal policies, procedures and guidelines issued by such independent control functions, and with external regulatory and supervisory requirements.

      Responsibilities

      Main Responsibilities

      •         Extract, process the data from the internal tools in use and prepare the information for prospective various internal and external Committees and meetings.

      •         Submit necessary requests for data provision to various contributors, ensure that the received information is accurate and consistent.

      •         Prepare ad hoc visualizations and reports for the internal and external Committees and meetings.

      •         Provide processed and relevant operational information to the team members, Line manager, Head of Finance and Tax OPC, various 2LoD (second line of defense) teams.

      •         Perform analysis of data flow across the internal tools in use, document detected discrepancies and report them to the Line manager and the Head of Finance and Tax OPC.

      •         Identify key data and raise awareness of any data flow breach to the Line Manager and the Head of Finance and Tax OPC.

      •         Ensure that the quality of data is compliant with applicable methodologies and rules imposed by internal and external policies, procedures, and guidelines.

      Contributing Responsibilities

      •         Contribute to the implementation of the risk management policies and procedures within Finance and Tax OPC remit.

      •         Contribute to the development and management of the operational measures that aim at increasing the effectiveness of the existing processes within various Finance and Tax sub teams in NAR and LATAM.

      •         Conduct additional duties and tasks assigned by Line manager.

      Technical & Behavioral Competencies

        •         University degree preferably in Finance, Accounting, Banking or in Economics, Mathematics.

        •         At least 2 years of experience in financial, accounting, banking, or risk-management fields.

        •         Knowledge of the fundamental principles of the banking activity, banking products, financial operations and risk concepts.

        •         Interpersonal skills, communication skills and ability to negotiate.

        •         Ability to analyze unstructured data of various nature.

        •         Ability to form and articulate an informed position through structured thinking, problem solving and prioritization.

        •         MS Office, Power BI, Power Query, Alteryx, Tableau.

        Fluent English

        Specific Qualifications (if required)

        Skills Referential

        Behavioural Skills: (Please select up to 4 skills)

        Client focused

        Ability to collaborate / Teamwork

        Ability to deliver / Results driven

        Communication skills – oral & written

        Transversal Skills: (Please select up to 5 skills)

        Ability to understand, explain and support change

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

        Ability to inspire others & generate people’s commitment

        Ability to develop and leverage networks

        Ability to understand, explain and support change

        Education Level:

        Bachelor Degree or equivalent

        Experience Level

        At least 2 years

        Other/Specific Qualifications (if required)  

        At least 2 years of experience in financial, accounting, banking, or risk-management fields.

                       

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