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Assistant Manager - Reporting

BNP Paribas · Mumbai, Maharashtra, India

~₹14L (est.)3–8 yrs experiencefull_timePosted 1w ago
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Job description

**Job Title:** Assistant Manager **Department** : FSS **About Business line/Function:** Regulatory Reporting ****Position Purpose:**** The 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). ****Responsibilities**** Direct Responsibilities The Governance And Continuous Improvement (GCI) Specialist Will Manage Transversal Processes, Implement Process Improvements, And Support Audit And Remediation Projects. Key Responsibilities Will Include: - Enforce quality assurance / control: - Manage the execution of transversal processes established to ensure compliance with LRR policies and procedures (e.g. accountability policy, manual adjustments standard, and spreadsheet management controls, etc.) - Serve as point of contact to coordinate across LRR reporting teams to ensure quality and consistent execution of standard processes and controls - Support internal and external audits - Coordinate the annual regulatory reporting training program; enhance training materials and deliver training to key stakeholders. - Support Continuous Improvement and Change Management initiatives: - Support the coordination and implementation of continuous improvement initiatives, i.e. to track, design and implement new or changes to existing regulatory reporting processes across reporting teams - Coordinate and drive on-going enhancements projects, e.g. data solution and remediation, as well as other efforts to increase automation - Coordinate and drive closure of outstanding issues, recommendations, system defect and ensure proper documentation - Provide periodic status reports to stakeholders - Provide ad hoc support on various topics across the department, e.g. governance, operational and administrative topics, budget planning, project management, digital initiatives, or other efforts to implement strategic initiatives, standards, best practices or tools across the platform. - Collaborate with stakeholders, internal and external to Financial & Regulatory Reporting team, to implement changes and improvements across the organization. Establish quality control programs to ensure sustainability. Contributing Responsibilities: N/A **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:**** - Minimum of 5-8 years experience in Financial Reporting, Accounting, Regulatory Reporting or equivalent functions - Bachelor's Degree, or equivalent work experience, in Accounting or Finance required - Knowledge of reports that are due to the Federal Reserve Bank, the various State banking regulatory authorities, and other regulators - Ability to understand complex financial products and system architectures, accounting business processes, financial and management reporting (IFRS and US GAAP), month-end financial close process, regulatory reporting, entity consolidations and multi-currency accounting - Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project) - Strong program / project management and business analysis skills - Ability to build relationships across functions to drive towards a common goal - Knowledge of Axiom or other financial or regulatory reporting tools preferred ****Technical Skills:**** **Skills Referential** **(** **Required knowledge, skills and abilities)** - Ability to collaborate / Teamwork - Organizational skills - Client focused - Ability to synthetize / simplify ****Behavioral Skills:**** - Ability to develop and adapt a process - Ability to understand, explain and support change - Analytical Ability - Ability to set up relevant performance indicators - Ability to develop and leverage networks **Education Level:** Master Degree or equivalent **Location:** Mumbai ****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 specialized 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. ****About BNP Paribas India Solutions:**** Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BN