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Vice President - Basel & Capital Reporting Manager

Company: BNP Paribas S.A.
Location: Jersey City
Posted on: September 23, 2022

Job Description:

Job Description - Vice President - Basel & Capital Reporting Manager (COR002547) Vice President - Basel & Capital Reporting Manager ( Job Number: COR002547 ) Business Overview: The US Financial & Regulatory Reporting Team is responsible for the production of financial and regulatory reports to ensure compliance to regulatory expectations as well as internal monitoring and management reporting requirements. The Basel & Capital Reporting Manager will be responsible for overseeing all aspects of Basel/RWA/Capital reporting to ensure BNP Paribas is in compliance with regulatory reporting and capital planning requirements. *Physical presence in BNPP's office(s) is an essential function of this position. -BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion. Candidate Success Factors: Candidates to be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

  • Results and Impact
    • Impacts division and influences peers and team
    • Demonstrates good judgement when making decisions of high complexity and impact
    • Relies on limited guidance for most complex decision making
    • Is responsible for driving outcomes which have meaningful effect on team or department
    • Leadership and Collaboration
      • Creates trust with department leaders
      • Acts in leadership capacity for large projects, processes, or programs for a team
      • Client, Customer and Stakeholder Focus
        • Able to build relationships with a mix of intermediate and senior colleagues or clients
        • Interacts regularly with management and department leaders
        • Demonstrates the ability to persuade and influence stakeholders at the team level
        • Compliance Culture and Conduct
          • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
          • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards" Responsibilities:
            • Ensure team organization, reporting capabilities, processes and tools continue to meet all internal and external reporting needs. O versee the end-to-end production and control of Basel III/RWA/Capital reporting, as well as continuous improvement projects to streamline and enhance reporting processes.
            • Provide formal review and final sign-off attesting to the accuracy of the team's reports and outputs; ensure timeliness and effective controls are consistently applied.
            • Oversee production and ensure runbook across all reports are systematically executed in a timely fashion, meeting pre-defined internal and external deadlines.
            • Ensure 1st level control framework is established and executed, including continuous review and refinement.
            • Continuously improve BAU processes, control framework and governance.
            • Follow regulatory announcements to anticipate new or changes to reporting requirements and ensure BNPP's on-going compliance to regulatory reporting requirements. Work with various stakeholders to ensure timely implementation of capabilities.
            • Present results to senior management for validation; perform analysis and address inquiries.
            • Ensure issues are properly tracked and followed, d rive issue resolution and escalate to senior management as required.
            • Serve as key point of contact on all matters related to Basel/RWA/Capital Reporting. Liaise with senior management (e.g. CFO, Head of Treasury), governing bodies (e.g. IHC Audit Committee and IHC Board of directors), regulator (FRB) and internal and external auditors.
            • Support regulatory exam, internal audits, as well as statutory audits, including process walkthroughs, data collection, report explains, and detailed analysis.
            • Support production of other ad hoc management updates, analysis, or other research required for change management, automation, and other research / assessment effort.
            • Performs other duties as required. Minimum Required Qualifications
              • 10+ years of financial regulatory reporting experience within Financial Services Industries.
              • Bachelor's degree in Accounting or Finance required.
              • 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, entity consolidations and multi-currency accounting.
              • Control mindset with strong organization and managerial skills.
              • Change management and analytical skills.
              • Ability to build relationships across functional teams, detailed oriented, and strong leadership skills. -
              • Deep knowledge of US GAAP, IFRS and Basel III standards; knowledge of capital adequacy requirements (Basel III) and RWA calculations.
              • Knowledge of CCAR reporting. Preferred Qualifications;
                • Master's degree in Accounting or Finance
                • Expertise in FBO and IHC reporting requirements
                • Internal or external audit background. CPA/CFA is preferred
                • Knowledge of Moody's Analytical and Axiom will be a plus FINRA Registrations Required: - N/A CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): N/A SEC Security-Based Swap Dealer Associated Person: N/A About BNP Paribas: In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. BNP Paribas' Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services. As the asset management arm of BNP Paribas, BNP Paribas Asset Management offers high value-added solutions to individual savers, companies, and institutional investors. The bank employs nearly 14,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC. BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 68 countries, with more than 193,000 employees. The Bank offers a comprehensive range of banking, investment and financial services solutions through three main fields of activity: Retail Banking for the Bank's retail-banking networks 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, BNP Paribas 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. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world. BNP Paribas. The Bank for a Changing World. BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status. Primary Location : US-NJ-Jersey City Job Type : Standard / Permanent Job : MISCELLANEOUS Education Level : Bachelor Degree or equivalent (> = 3 years)

Keywords: BNP Paribas S.A., Jersey City , Vice President - Basel & Capital Reporting Manager, Executive , Jersey City, New Jersey

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