Vice President - Regulatory Reporting

Position Purpose

This position is required to set footprint of FinReg Governance and Regulatory Programs functions in ISPL Mumbai from US. This will help in consolidating and broadening ISPLs horizon in providing US regulatory reporting & project management related functions support to BNP Paribas US Financial & Regulatory Reporting Department.

Responsibilities

• Ensure awareness of US Basel III regulations and updates
• Maintain a thorough understanding of US Basel III capital requirements and regulatory reporting requirements
• Ensure preparation and execution of close process for RWA and Regulatory capital production and effective communication and coordination with other actors involved in the close process
• Ensure consistency of exposures between the Accounting and the Risk or other source systems for calculation of RWA
• Provide analyses of IHC spot RWA and RBC ratios
• Support IHC Regulatory Reporting team for RWA and RBC related reporting such as FR Y-9C HC-R and FFIEC 102, as well as reconciliation with Regulatory Reports FR Y-9C (balance sheet, off balance sheet)
• Support CCAR program for spot RWA and Regulatory Capital calculation and reporting
• Ensure the proper audit trail and documentation on the Basel III RWA and RBC ratio for the IHC.
• Ensure that US Basel III policies are consistently applied across various businesses within the IHC (CIB, Asset Managements, BancWest)
• Maintain the IHC US Basel III documentations including methodologies and procedures.
• Contribute to the norms and operational committees established over the IHC RWA and Regulatory Capital
• Contribute to maintenance of Moodys Analytical (tool used for RWA and RBC calculation)
• Contribute to enhancement of data quality and remediation for the IHC RWA and RBC capital calculation
• In coordination with other stakeholders, establish effective reconciliations and controls process over RWA and RBC ratios
• Analyze and synthesize movements in products and variations in reports
• Coordinate with Bank of the West Finance for establishment of an integrated IHC RWA and RBC process
• Assist the Basel III Lead with coordinating/managing internal and external resources, tracking status, key attention areas and risks, manage issues and escalate effectively
• Other Job Duties
• Participate in projects as required for new initiatives, process improvements or technology implementation and development
• Participate in bank examinations and internal and external audits
• Performs other duties as assigned

• Technical & Behavioral Competencies

• Ability to understand complex financial products and system architectures, including accounting business processes including financial and management reporting (IFRS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.
• Ability to analyze complex problems and recommend practical and effective solutions.
• Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.
• Ability to work effectively in geographically dispersed cross-functional teams.
• Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project).
• Program and project management skills.
• Specific Qualifications (if required)
• • 12+ years of work experience in the field of accounting and / or in the financial services industry.

• Strong Analytical and Organizational Skills

• Effective Communication Skills and a professional style
• Strong analytical skills and advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)
• The candidate must be able to manage staff members in an environment with strict deadlines
• Change management and analytical skill
• Ability to build relationships across functional teams, detailed oriented, and strong leadership skill
• Data Analysis and SQL experience.
• Experience with Banking and/or Capital Markets products.

• Other/Specific Qualifications (if required)

• Previous financial services experience in Public Accounting (i.e., Audit or Consulting)
• Strong regulatory & financial reporting knowledge prevalent in banking/financial institutions
• Public Accounting and financial statement preparation experience
• Strong Accounting background with solid general ledger experience
• Solid knowledge on capital adequacy requirements (US Basel III) and hands-on experience
• Intensive experience on RWA calculation, analysis and reporting
• • Accounting and reporting experiences in banks or in Broker-dealers
• • SEC Reporting experience strongly preferred
• • U.S. GAAP including recent pronouncements
• • Knowledge of FBO and IHC requirements is preferred
• Qualifications - External
• Minimum Required Qualifications
• 12+ years of work experience in the field of accounting and / or in the financial services industry.
• Previous financial services experience in Public Accounting (i.e., Audit or Consulting)
• Strong regulatory & financial reporting knowledge prevalent in banking/financial institutions
• Public Accounting and financial statement preparation experience
• Strong Accounting background with solid general ledger experience
• Solid knowledge on capital adequacy requirements (US Basel III) and hands-on experience
• Intensive experience on RWA calculation, analysis and reporting
• Accounting and reporting experiences in banks or in Broker-dealers
• SEC Reporting experience strongly preferred
• U.S. GAAP including recent pronouncements
• Knowledge of FBO and IHC requirements is preferred