Assistant Manager- Regulatory Reporting - North America

Assistant Manager- Regulatory Reporting - North America
Company:

Bnp Paribas 2


Assistant Manager- Regulatory Reporting - North America

Details of the offer

Basel III - Regulatory Reporting Analyst (AM)
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including 140,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services (comprised of Domestic Markets and International Financial Services) and Corporate & Institutional Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

Team Description
The Basel III team focuses on US Basel III under standardized approach. The goal of this team is to define a target operating model and deploy the systems and processes of computation of Risk Based Capital ratio, in adherence to Group level standards and applicable E.U. regulations, to support the compliance of the U.S. platform (future IHC, applicable legal entities within its scope and U.S. branches and agencies of BNP Paribas) with new U.S. Basel III requirements driven by the implementation of the EPS.

Essential Job Functions
• 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 Moody's 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

Required Experience
Requires 5 years minimum prior relevant experience.
• 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 skills
• Ability to build relationships across functional teams, detailed oriented, and strong leadership skills
• Data Analysis and SQL experience

Skills
• 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 (5 years and more) 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

Education
• Bachelor's degree in Accounting or Finance required
• Master's degree in Accounting or Finance preferred

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.

Requirements

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