Job Title: Assistant Vice President
Department: Subject Matter Streams
About Business line/Function: The Subject Matter Stream is primarily responsible for month‑end closing, oversight and control of day‑to‑day transactions, Cost of Risk bookings, operations and activities, and recording revenue from Global Banking and Financing activities.
Position Purpose: Financial Accountants are responsible for the daily upkeep and control of the general ledgers for their assigned entities, whether linked to specific products or broader, cross‑functional areas. When required, they coordinate with other teams to review and implement potential adjustments. They also guarantee data quality across all reporting streams and execute any necessary ledger adjustments.
Responsibilities
The Banking Products team oversees all financial matters associated with customers’ banking products, including credit & cost‑of‑risk, payments, deposits, securities, fees, provisions, sundry accounts, and related items.
Key Responsibilities
- Record and reconcile accounting adjustments to guarantee completeness and accuracy across all reporting dimensions, including segmented reporting.
- Perform calculations, bookings, and integrity checks for IFRS 9 impairment.
- Manage cost‑of‑risk processing.
- Supervise accounting controls executed by Banking Products Operations, reviewing monthly control outcomes and quarterly sub‑certifications.
- Control and analyse data feeding regulatory reporting (e.g., Matisse allocations, BMRC inputs, Accounting‑to‑Risk reconciliations, local regulatory reports, non‑standard feeds) and support disclosure production.
- Provide accounting support to Back‑Office and Middle‑Office teams.
- Convert accounting data into management‑accounting figures (profitability and cost allocation by Business Line) in line with MARP (Management Accounting Rules and Principles).
- Assist management in addressing queries from external auditors, Operations, and other support groups by:
- Ensuring timely resolution and follow‑up of questions or information requests.
- Escalating issues to the team leader or head of department as necessary.
Contributing Responsibilities - Projects, Systems Support, Operational Process Improvements
- Take part in upgrades User acceptance testing and new‑release implementation of the relevant reporting tools.
- Help pinpoint and implement operational improvements in production, control procedures, and workflow design to boost team efficiency and effectiveness.
- Always adhere to the bank’s policies and procedures.
- Support special projects or ad‑hoc requests as assigned by management.
Technical & Behavioral Competencies
- Knowledge of Banking products is desirable
- Working knowledge and understanding of generally accepted accounting principles in IFRS and French GAAP (an asset)
- IFRS9 impairment calculation knowledge is must
- High proficiency in computer skills and data analytics
- Up to 10 years’ experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
- Experience of working in an international environment appreciated
Specific Qualifications:
ACA with minimum 8 years of experience
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
- Business Objects
- Advanced Excel (pivot tables, VLOOKUP, SUMIF, etc.)
- Programming knowledge (a plus)
- IFRS & French GAAP accounting principles
- IFRS 9 impairment modelling
Behavioral Skills:
- Attention to detail/rigor
- Strong oral and written communication
- Ability to synthesize and simplify complex information
- Collaborative teamwork orientation
- Analytical ability; anticipate business/strategic evolution
- Process development and adaptation
- Project management
- Ability to inspire and generate commitment
Education Level: CA/MBA with 8-10 years’ experience 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 BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.