Finance Liquidity and Foreign Exposure Reporting Lead

Job title: Finance Liquidity and Foreign Exposure Reporting Lead

Company: BNP Paribas

Job description: MISSION AND OBJECTIVES

The Intermediate Holding Company (“IHC”) program structured at the U.S. level across poles of activities of BNP Paribas provides guidance, supports the analysis, impact assessment and drives adjustments of the U.S. platform’s operating model due to the drastic changes introduced by the Enhanced Prudential Standards (“EPS”) for Foreign Banking Organizations (“FBOs”) finalized by the Federal Reserve in February 2014, implementing Section 165 of U.S. Dodd-Frank Act.

The Finance Liquidity & Foreign Exposure Reporting team oversees the implementation of system capabilities and end-to-end processes to produce timely and accurate liquidity and foreign country exposure reports. Working closely with ALMT, the Finance Liquidity Reporting team is implementing systems and processes to produce the liquidity (FR 2052a, US LCR, EU LCR, Maturity Ladder,) and foreign exposure (FFIEC 009, Y-15) related regulatory (FRB, ECB) and management reporting for IHC/CUSO entities.

MAIN RESPONSIBILITIES

This position has the following responsibilities:

Oversee the production of Liquidity reports and metrics to meet regulatory as well as internal reporting requirements

Maintain thorough understanding of all internal and regulatory requirements related to Liquidity.

Coordinate the end-to-end production process; ensure proper coordination with all stakeholders and contributors

Perform analyses on production results, and escalate as required

Prepare and present reports for key governance forums, regulatory meetings, as well as other management meetings

Lead in issue resolution and the development of appropriate tools to apply controls efficiently and reliably to a reporting environment in constant evolution.

Oversee the implementation of future enhancements on system, tools, and processes.

Lead the Finance production teams in completing all operational tasks and activities, ensuring accuracy, completeness, and proper documentation of all deliverables (e.g. reconciliations

Contribute to the development of the team’s skills and professional careers via review of their training program and performance review

Develop relationships and rapport with senior management and other key stakeholders across various departments such as Finance, Treasury, Operations, Technology, etc.

Qualifications

TRAINING AND OCCUPATIONAL EXPERIENCE

Minimum of 8 years work experience in the Financial Services Industry

Bachelor’s/ Master’s degree in Finance, Accounting, Economics or related fields, CPA being a plus

Strong analytical skill, detail oriented and control mindset including ability to synthesize complex business problems and conduct detailed analysis with clarity and brevity

Strong leadership skills with an ability to collaborate virtual teams and colleagues across the regions

Strong organizational skills, rigorous and self-disciplined

Ability to plan, prioritize, and escalate with senior management

Ability to work under pressure and to strict deadlines

Excellent communication, interpersonal and client service skills

Advanced knowledge of Microsoft Office products

PREFERRED QUALIFICATIONS

• Strong Knowledge and understanding of generally accepted accounting principles, IFRS and US GAAP

Audit and Regulatory reporting experiences preferred

A recruitment policy that promotes equity and diversity:

Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

We pride ourselves in applying non-discrimination rules to all our recruitments.

We will only contact the candidates selected who meet the job requirements in terms of training and experience.

About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 195,000 employees, including more than 148,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. 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 in Mediterranean 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 as well as a solid and fast-growing business in Asia-Pacific.

About BNP Paribas in Canada

In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building its platform even further. Since becoming the operational hub for the Group’s activities in North America in 2013, it has grown significantly to reach more than 700 employees and is expected to continue growing in the coming years. With the continued development of technology and financial fields, BNP Paribas Canada continues to attract experts with diverse backgrounds as well as young and ambitious talent from across the globe. With the international mobility and capacity that very few companies can offer, BNP Paribas prides itself in providing a superior foundation for building a professional career – a place for people to learn, to achieve and grow.

Expected salary:

Location: Montreal, QC

Job date: Wed, 09 Dec 2020 23:25:36 GMT