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.
As 2nd Line of Defense function and delegated by the IHC Audit Committee and management, IHC Finance Control Group ( FCG ) is responsible for assessing an Internal Control for Financial Reporting ( ICFR ) process at the IHC level as well as for those entities which are consolidated under the IHC.
Main aspects of the program are :
The IHC and CIB FCGs dedicated to US regulatory control requirements are responsible for assessing the design and operating effectiveness of ICFR framework at the IHC and CIB level on an annual program life-cycle.
IHC FCG is also responsible for managing the coordination amongst Wholesale and Retail FCGs, including teams in US, Montreal, and Mumbai, as well as other operational control units within the IHC.
Coordination tasks include, but are not limited to : obtaining and analyzing status updates of various business-as-usual and special projects, following up on required deliverables, and compiling various datasets into presentation format.
Additionally, on a periodic basis, IHC FCG is responsible for preparing reports / material for various management and Board committees to provide updates and results of control programs.
Preparation of material requires close coordination with other teams in different locations, presentation skills, and understanding of various topics to be discussed in these meetings.
Operationally, and as a coordinator, for all aspects of control programs managed by FCGs, key duties / elements of the work include :
For these aspects, the position should provide detailed knowledge and relevant experience in assessment of ICFR at the financial institutions and also will be responsible to understand the organizational difference between CIB and retail banking in order to prepare meaningful analysis to management and committee members.
TRAINING AND OCCUPATIONAL EXPERIENCE
ESSENTIAL SPECIFIC REQUIREMENTS
SKILLS AND BEHAVIOURS
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.