Finance Projects and Systems – Business Analyst – SA/AM

Job Description – FSO ISPL

About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai, Chennai and Bengaluru, we are a 24×7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals – Information Technology, Operations and Finance Shared Services.

About Business line/ Function :

The Finance Solutions Office (FSO) in ISPL is in-charge of providing the below services worldwide:

·       Steer the end-to-end implementation of Finance projects by responding to Business Line and F&S requirements in a timely manner.

·       Implement and maintain a harmonized Finance operating model across the Group with a particular focus on the roll-out of One Financial System (OFS), cornerstone of the F&S strategy

Within the Finance Solutions Office, the Finance implementation projects (FIP) team is expected to:

·       Ensure the end-to-end implementation of business and regulatory projects, aligned with the F&S function’s strategy

·       Define and parameterize accounting and reporting rules, according to the tool standards designed and maintained by FRESH

·       Deliver projects launched under Regional/Local Sponsorship

Job Title:

Business Analyst

Date:

June 2023

Department:

APAC Finance Implementation Projects (FIP – FSO, ISPL)

Location:

Mumbai, India

Business Line / Function:

Finance Solutions office, Financial Shared Services

Reports to:

(Direct)

Manager of Finance Implementation projects , FSO ISPL

Grade:

(if applicable)

Number of Direct Reports:

N/A

Directorship / Registration:

N/A

Position Purpose

The Finance Implementation Projects (FIP) is in charge to drive and deliver the end-to-end regulatory and business projects implementation. The main mission is to integrate in Finance systems business processes and regulatory requirements, in accordance with Norms & Standards, to embrace all streams of Reporting (Financial Accounting, Management Accounting, Credit Risk, and Liquidity). The APAC FIP team is part of the global FIP organization who is responsible for all accounting projects in APAC region.

 

Mission statement 

•Ensure the end-to-end implementation of the Business and Regulatory projects, in full alignment with Finance strategy.

•Respond to the various businesses and reporting requirements (Financial Accounting, Management Accounting, Credit Risk, Liquidity etc.) in a timely manner.

•Source and transform raw data and enable a good quality of reporting.

•Ensure a consistent approach of the Finance solutions across the region and align to Group standard.

Role and responsibility

· Lead and drive the ledger transformation project in Finance in the context of ever changing business & regulatory reporting requirements. 

· Ensure consistency of Finance systems/reports across the APAC region, in adherence to the Group’s standard. 

· Provide efficient support to Finance teams in daily production tasks, whenever required

· Act as a bridge between request and the delivery of solution

· Major projects involve:

o     Build or automate the accounting interface between operating systems and accounting core ledger systems

o     Support new business and new products initiatives

o     Support new regulatory requirements

o     System upgrades and migrations

Our values

•        We are keen to understand our clients and serve our clients better.

•        Focus on time-to-market and delivery to address business’s needs.

•        Emphasize on collaboration between teams to deliver solutions in the bank’s best interest.

•        We believe there are always solutions.

Responsibilities

Direct Responsibilities

• Acting as a Business Analyst (70%)

–        Understand the project objective and ensure all user requirements are properly captured

–        Carry out feasibility study, assess potential impact and define target operating model

–        Explain the user requirements to IT for IT development

–        Define the appropriate testing strategy according to the nature of the project

–        Design test cases and ensure adequate testing is performed

–        Validate testing result by performing detailed checking of accounting entries and/ or reports and provide UAT sign-off on behalf of finance users

• Acting as a Project Manager (30%)

–        Drive and manage all stages in project life cycle, from project initialization to project closure

–        Develop project scope documentation, project plans and project schedules

–        Continuously coordinate with IT and other finance users

–        Undertake risk analysis and proactively identify mitigating solutions

–        Timely track the progress of projects against agreed timeline and budget

–        Arrange smooth go-live implementation and provide post go-live support

–        Present project status regularly to senior management

–        Build and maintain a trusted relationship with all project stakeholders across different functions (PMO, IT, finance users, operation teams)

• Provide support in case of production incidents, including root cause identification and proposing solutions to resolve the issue in a timely manner

Contributing Responsibilities

• Identify areas of improvement; streamline the existing processes for efficiency
• Support team-head to monitor the budget and share progress updates

Technical & Behavioral Competencies

 

Technical Competencies

 

o  Adequate knowledge on accounting treatment (especially on financial instruments) under IFRS

o  Knowledge on front-to-back operation and financial products would be an advantage

o  Proven ability in project delivery

o  Good command of written and spoken English

o  PC skill such as MS Word, Excel, PowerPoint, SQL

Behavioral Competencies

o  Excited about driving change

o  Strong communication and interpersonal skills

o  Ability to work in multicultural environment, as the role needs to deal with different stakeholders across APAC regions

o  Self-driven and able to work independently

o  Attention to detail

o  Able to work under stress

o  Strong problem solving and logical thinking skill

o  Ability to multi-task

o  Team player

Specific Qualifications (if required)

o  Accounting related experience And / Or finance project experience in Financial Institution (5+ years)

o  CPA preferred, but not mandatory

o  Experience in project management and PMP qualification preferred, but not necessary

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:

Master Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)

               

Job Description – FSO ISPL

About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai, Chennai and Bengaluru, we are a 24×7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals – Information Technology, Operations and Finance Shared Services.

About Business line/ Function :

The Finance Solutions Office (FSO) in ISPL is in-charge of providing the below services worldwide:

·       Steer the end-to-end implementation of Finance projects by responding to Business Line and F&S requirements in a timely manner.

·       Implement and maintain a harmonized Finance operating model across the Group with a particular focus on the roll-out of One Financial System (OFS), cornerstone of the F&S strategy

Within the Finance Solutions Office, the Finance implementation projects (FIP) team is expected to:

·       Ensure the end-to-end implementation of business and regulatory projects, aligned with the F&S function’s strategy

·       Define and parameterize accounting and reporting rules, according to the tool standards designed and maintained by FRESH

·       Deliver projects launched under Regional/Local Sponsorship

Job Title:

Business Analyst

Date:

June 2023

Department:

APAC Finance Implementation Projects (FIP – FSO, ISPL)

Location:

Mumbai, India

Business Line / Function:

Finance Solutions office, Financial Shared Services

Reports to:

(Direct)

Manager of Finance Implementation projects , FSO ISPL

Grade:

(if applicable)

Number of Direct Reports:

N/A

Directorship / Registration:

N/A

Position Purpose

The Finance Implementation Projects (FIP) is in charge to drive and deliver the end-to-end regulatory and business projects implementation. The main mission is to integrate in Finance systems business processes and regulatory requirements, in accordance with Norms & Standards, to embrace all streams of Reporting (Financial Accounting, Management Accounting, Credit Risk, and Liquidity). The APAC FIP team is part of the global FIP organization who is responsible for all accounting projects in APAC region.

 

Mission statement 

•Ensure the end-to-end implementation of the Business and Regulatory projects, in full alignment with Finance strategy.

•Respond to the various businesses and reporting requirements (Financial Accounting, Management Accounting, Credit Risk, Liquidity etc.) in a timely manner.

•Source and transform raw data and enable a good quality of reporting.

•Ensure a consistent approach of the Finance solutions across the region and align to Group standard.

Role and responsibility

· Lead and drive the ledger transformation project in Finance in the context of ever changing business & regulatory reporting requirements. 

· Ensure consistency of Finance systems/reports across the APAC region, in adherence to the Group’s standard. 

· Provide efficient support to Finance teams in daily production tasks, whenever required

· Act as a bridge between request and the delivery of solution

· Major projects involve:

o     Build or automate the accounting interface between operating systems and accounting core ledger systems

o     Support new business and new products initiatives

o     Support new regulatory requirements

o     System upgrades and migrations

Our values

•        We are keen to understand our clients and serve our clients better.

•        Focus on time-to-market and delivery to address business’s needs.

•        Emphasize on collaboration between teams to deliver solutions in the bank’s best interest.

•        We believe there are always solutions.

Responsibilities

Direct Responsibilities

• Acting as a Business Analyst (70%)

–        Understand the project objective and ensure all user requirements are properly captured

–        Carry out feasibility study, assess potential impact and define target operating model

–        Explain the user requirements to IT for IT development

–        Define the appropriate testing strategy according to the nature of the project

–        Design test cases and ensure adequate testing is performed

–        Validate testing result by performing detailed checking of accounting entries and/ or reports and provide UAT sign-off on behalf of finance users

• Acting as a Project Manager (30%)

–        Drive and manage all stages in project life cycle, from project initialization to project closure

–        Develop project scope documentation, project plans and project schedules

–        Continuously coordinate with IT and other finance users

–        Undertake risk analysis and proactively identify mitigating solutions

–        Timely track the progress of projects against agreed timeline and budget

–        Arrange smooth go-live implementation and provide post go-live support

–        Present project status regularly to senior management

–        Build and maintain a trusted relationship with all project stakeholders across different functions (PMO, IT, finance users, operation teams)

• Provide support in case of production incidents, including root cause identification and proposing solutions to resolve the issue in a timely manner

Contributing Responsibilities

• Identify areas of improvement; streamline the existing processes for efficiency
• Support team-head to monitor the budget and share progress updates

Technical & Behavioral Competencies

 

Technical Competencies

 

o  Adequate knowledge on accounting treatment (especially on financial instruments) under IFRS

o  Knowledge on front-to-back operation and financial products would be an advantage

o  Proven ability in project delivery

o  Good command of written and spoken English

o  PC skill such as MS Word, Excel, PowerPoint, SQL

Behavioral Competencies

o  Excited about driving change

o  Strong communication and interpersonal skills

o  Ability to work in multicultural environment, as the role needs to deal with different stakeholders across APAC regions

o  Self-driven and able to work independently

o  Attention to detail

o  Able to work under stress

o  Strong problem solving and logical thinking skill

o  Ability to multi-task

o  Team player

Specific Qualifications (if required)

o  Accounting related experience And / Or finance project experience in Financial Institution (5+ years)

o  CPA preferred, but not mandatory

o  Experience in project management and PMP qualification preferred, but not necessary

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:

Master Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)