AVP - IHC Financial Reporting

9 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

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 stabilityCommitment 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 North America Regulatory Reporting Team is responsible for the production of financial and regulatory reports and information required to ensure compliance to regulatory expectations as well as other internal monitoring requirements. The team is a cross border team located in Mumbai serving BNP entities in the US and Canada region.

Job Title

AVP

Date

22 /09 /2025

Department

FSSLocation:Mumbai

Business Line / Function

Regulatory Reporting

Reports To

(Direct)Team Lead

Grade

(if applicable)(Functional)

Number Of Direct Reports

N/A

Directorship / Registration

NAPosition PurposeThe US Financial & Regulatory Reporting Team is responsible for the production of financial and regulatory reports and information required to ensure compliance to regulatory expectations as well as other internal monitoring requirements. The Local Regulatory Reporting team is under expansion and going through different projects of on-boarding new processes along-with implementing changes in accordance to new BNP accounting and reporting system (OFS).AVP of financial reporting for US GAAP for the Intermediate Holding Company (IHC), BNP Paribas USA, Inc. and combined U.S. operations (CUSO). Responsibility include maintaining HFM chart of accounts, preparation of financial statements and reports for management, and preparation of audited annual report for the IHC.

Responsibilities

Direct Responsibilities
  • Contribute to financial statements production for IHC and BNPP Securities Corp.
  • Perform month-end closing.
  • Participate in Annual Report preparation.
  • Prepare monthly and quarterly package, Management Boards packages
  • Prepare monthly and quarterly reconciliations.
  • Maintain IHC chart of accounts.
  • Prepare IHC variance analysis, provide comments, and follow up on questions and concerns.
Technical & Behavioral Competencies
  • Ability to adapt to changes
  • Capability to work and interact with various people of different expertise and level.
  • Client focus
  • Stakeholder Management

Specific Qualifications (if Required)

  • Chartered Accountant with exposure in accounting of banking products/activity and on US GAAP
  • 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), organisation and documentation skills.
  • Knowledge of Axiom or other financial or regulatory reporting tools preferred

Skills Referential

Behavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkOrganizational skillsClient focusedAbility to synthetize / simplifyTransversal Skills: (Please select up to 5 skills)Ability to develop and adapt a processAbility to understand, explain and support changeAnalytical AbilityAbility to set up relevant performance indicatorsAbility to develop and leverage networks

Education Level

Master Degree or equivalentExperience LevelAt least 9 years

Other/Specific Qualifications (if Required)

Chartered Accountants / CPAs with min 9 years of experience.

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