In Asia Pacific,BNP Paribas is one of the best-positioned international financial institutionswith an uninterrupted presence since 1860. Currently with over 18,000employees* and a presence in 13 markets, BNP Paribas provides corporates,institutional and private investors with product and service solutions tailoredto their specific needs. It offers a wide range of financial services coveringcorporate & institutional banking, wealth management, asset management,insurance, as well as retail banking and consumer financing through strategicpartnerships. 

Worldwide, BNPParibas has a presence in 68 markets with more than 193,000 employees. It haskey positions in its three main activities: Domestic Markets and InternationalFinancial Services (whose retail-banking networks and financial services arecovered by Retail Banking & Services) and Corporate & InstitutionalBanking, which serves two client franchises: corporate clients andinstitutional investors. Asia Pacific is a key strategic region for BNP Paribasand it continues to develop its franchise in the region.  

* excludingpartnerships

BNP Paribasoffers you an exciting career in an international business environment that isfast-paced, diverse and focuses on creating high-value relationships with ourclients. We offer competitive salary and benefits, as well as a workingenvironment where you’re valued as part of the team.

https://careers.apac.bnpparibas/ 

Position Purpose

Senior Analyst/ Junior Associate role within the Loan Capital Markets, to support the origination and execution of loan capital market opportunities. 

LCM originates loans from plain vanilla to complex/ structured transactions (including syndicated corporate loans, corporate acquisition loans, leveraged loans, bridge loans, share financings, etc), for large and mid-cap corporates, financial institutions, private equity sponsors and promoters / high net worth individuals (HNWI) across Asia-Pacific.

Responsibilities

Direct responsibilities:

• Credit analysis including financial modeling, risk analysis, financial analysis, legal/structure analysis, etc.
• Draft initial screening memos, credit applications and other internal papers on transactions, running of pricing model under the supervision of a senior team member (and with the assistance of analysts as required) 
• Support LCM senior originators (VPs, Directors and Managing Directors) in the origination of loans across Asia-Pacific, including idea generation, prospect identification and screening, initial credit/debt capacity analysis, financial spreading, pitch book preparation, etc., including in coordination with M&A, Sector bankers, DCM, ECM etc. 
• Support LCM senior originators on loan structuring, term sheet drafting/negotiations and financing documentation reviews/negotiations
• Be responsible for and coordinate all closing and funding related tasks and liaise with other internal teams e.g. CTCM, KYC on boarding, CRC and Coverage/RM’s on completing the internal administrative process for credit application/approval and procedures for funding
• Prepare annual reviews and process waiver requests on transactions booked by LCM
• Impeccable conduct and strict individual compliance with all applicable compliance, conduct and other policies
• Be the first line of defense on Risk/Credit/Compliance
• Other tasks as required or defined from time to time

Contributing responsibilities:

• Liaison with clients/external parties and other GCM teams/WM/Corporate Coverage as and when required
• Support on cross selling other banking services to client
• Contribute to maintain up to date and accurate data bases, systems, portfolio, pipeline, meeting and other reports as well as financial/income forecasts, budget preparation, etc.
• Contribute directly/indirectly to the achievement of LCM’s yearly budget
• Contribute to strict compliance of LCM will all compliance, conduct and other policies

Reporting:

• Deal by deal reporting to relevant senior team members on specific transactions
• Permanent non-deal direct reporting to the Managing Director in charge of the LCM Singapore team

Technical Behavioral Competencies

• Strong analytical skills including credit analysis and financial modelling 
• Basic understanding of loan documentation
• Interpersonal skills and ability to work in teams 
• Written and verbal communication skills, conciseness
• Ability to build relationships and convince internal and external stakeholders
• Organization skills, ability to prioritize and meet deadlines and senior team members/customer needs
• Attention to detail
• Sense of initiative, proactivity and knowledge of when to voice out relevant matters
• Autonomy and ability to solve problems
• Strong commitment, ability to work flexible hours and travel
• Work ethics and Integrity

Specific Qualifications

• 2 to 5 years of direct experience in a leading financial institution (ideally in structured finance, leveraged finance etc.) (work experience to be commensurate with the eventual title)
• University educated with strong academic background
• Deep financial modelling experience
• Demonstrated financial analysis and risk analysis skills 
• Mandarin, Bahasa or other Asian language desirable

What is this position about?

APAC Transformation’ mandate is two-fold:

•    Support strategic transformation initiatives or large, complex strategic programs

•    Business improvement projects to improve efficiency of processes & organizations 

APAC Transformation projects are undertaken with a wide range of client franchise encompassing the full APAC region: CIB and IFS businesses, Coverages, Functions and Countries.

What would be your typical day at BNPP Paribas look like? 

Direct Responsibilities

?    Manage one or more work streams within large, complex transformation programs specific to APAC or in connection with global initiatives, impacting multiple business lines and functions

?    Drive independently under minimal supervision the business / process / organizational improvement projects through consulting mindset, ensuring solid framing of projects and impactful execution

?    Manage projects with support from Transformation Associates as needed

?    Derive viable solutions through deep-dive analysis, problem solving, process / organization re-engineering, target operating model design and implementation

?    Present findings, pain points, recommendations and project status to Sponsors (senior management from Business and Functions) and project stakeholders

?    Enrich client satisfaction by managing client and stakeholder relationships and showing agility to adjust to changing dynamics / needs of an engagement

?    Actively contribute to team development through continuous feedback to improve the team, share best practices and actively engage in transversalities of the team

What is required for you to succeed?

?    Minimum 8 years of total experience, of which minimum 5 years of relevant experience in Business Project Management, Transformation Programs and Process & Organization Consulting 

?    Minimum 3 years of working experience in banking and financial industry

?    Experience in leading the design and implementation of transversal (cross-business, cross-function) business projects and/or program work streams independently or with minimal supervision

?    Experience in leading the design and implementation of Target Operating Model (business improvement / process efficiency / offshoring / regulatory) projects

?    Candidates with knowledge of Corporate Banking / Capital Markets / Global Markets / Securities Services products and processes

?    Strong planning, organization and stakeholder management skills

?    Ability to navigate the project & organizational complexities with courage, transparency and resilience

?    Ability to go into operational details, yet create a synthetic view for senior management  

?    Good communication, problem solving and analytical skills

?    Focus on business impact and client satisfaction at all times through solid delivery of projects

?    Travel in APAC countries may be required

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 20,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. 

As a Private Capital intern, you will:

Assist the Team in carrying out delivery of service to client support onboarding and transitions and participate in business change and improvement projects: 

• Assist the Operations team in timely completion of preparing client’s accounts, preparing NAV calculation, reporting and statement distribution, audits, preparation of other client’s deliverables, conduct research and/or system testing and adhere to BNP’s internal control and risk framework.
• Assist the Change Management team in executing improvement initiatives such as automation and process documentation & review
• Assist the Product & Solutions in enhancing their internal set of tools to cope with the variety of Fund Structure across all our locations.

You will take away with experience in contributing to such projects, exposure to Fund service for the ever-evolving Private Market asset classes in the dynamic APAC market, while having achieved valuable enhancements that will have lasting impacts to the team.

• Positive attitude and team player
• Excellent communication and interpersonal skills
• Highly motivated, self-starter with the ability to work in pressurized environment
• Highly structured and methodical in execution
• Ability to multi-task and prioritize workloads, strong time management skills
• Results driven with a strong commitment to completing tasks within deadlines
• Ability to understand and resolve or escalate issues quickly
• Enjoy working in a socially diverse environment
• Comfortable dealing with senior individuals and management across functions
• Strong knowledge of financial industry with good experience across asset classes

Position Purpose

Operations Function for Hanoi Branch

Responsibilities

Direct Responsibilities

Operations:

• Receive Cash payments instructions of Hanoi clients and perform call back (if any) and scan it to BNPP HCM Cash Ops via Elinx.
• Process remittance request of Hanoi client via e-mail
• Handle hit clearance for funds transfer 
• Control HN Operations mailbox and move remittance form sent via email from HN_OPEARTIONS to sub-folder Cash for HCM team to process
• Process e-tax transactions of Hanoi client.
• Collect fee charge in TACBIL for payment transactions, Audit confirmation, Bank confirmation and update tariff of Hanoi clients into record file.
• Extract EOD report in CITAD for Hanoi Branch and send it to relevant stakeholders on daily basic
• Contact Hanoi clients for required supporting documents and check/confirm the status of supporting document for overseas payroll remittance
• Contact point to handle clients’ inquiries via phone / email 
• Access and perform daily ORUS control 
• Daily and monthly monitor overdraft of Hanoi clients 
• Monthly upload consolidated billing report on shared drive
• Check/issue e-invoice for Cash and trade and prepare/issue VAT invoice manually if requested
• Set up interest rate on current account and OD rate as instructed by TB; follow up debit advice for transaction (if required)
• Prepare/update Cash Ops-related SOP and BRD/SOP for local regulatory reports
• Prepare local regulatory reports on frequent basic (daily AML (Anti Money Laundering) report…)
• Prepare account balance confirmation report, confirmation for DICA and get Bank Statement, Bank advice, Exchange rate certified
• Update and clear deferred supporting documents (debit advices…) into/from LOUNA
• Ensure smoothness and accuracy for daily banking operations
• Other tasks assigned from time to time

Fully back-up among Hanoi Operations team

Back-up tasks of Hanoi CEP:

• Back-up audit confirmation 
• Register receipt of documents in log sheet and confirm the receipt of original dox when head of ITO working from home
• Scan relevant documents to Hanoi CEP officer (when he works from home) or to HCM CEP team (when HCM CEP team is back-up for Hanoi CEP officer)
• Check daily dormant report 11366 on daily basic
• Raise MAO, scan and safe-keep static data request
• back-up credit document handling task

Contributing Responsibilities

Compliance:

• Bring Direct contribution to BNPP operational permanent control framework
• Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
• Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
• Comply with internal and external regulatory and compliance requirements
• Comply with the BNPP standards of Code of Conduct
• Comply with the BNPP IT Security policies
• Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

Technical & Behavioral Competencies

• Good knowledge & experience for banking operations
• Committed and hard-working
• High Teamwork spirit
• High responsibility
• Work well under high pressure
• Carefulness and accuracy

Specific Qualifications (if required)

• Graduated from economic and banking universities such as national economic university, foreign trade university….
• At least 1 year of experiences in banking. Banking operation experience is a plus

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey 

BNP Paribas – The Bank Of Green Changes 

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

What is this position about?

The Senior Fund Accountant has responsibility for the accurate and timely delivery of fund accounting services, with a significant focus on unit pricing and reporting activities. 

In this role, the Senior Fund Accountant works with clients, internal and other external stakeholders as a subject matter expert to facilitate excellent client delivery.

Primary Role Responsibilities

• Delivery of accurate unit prices and reporting, in accordance with timing specified in client SLAs.
• Review and approve unit prices, exception reporting and other client reporting generated by offshore teams for client delivery.
• Review and approve client instructions for fee processing, cash and rebalancing, static data setups and ensures no adverse impacts to unit prices. 
• Main point of contact for client queries.
• Main liaison point with Registry on unit reconciliation differences. 
• Work with internal teams to reduce and interrogate reconciliation differences and identify themes to be addressed. 
• Ensure consistency across client reporting; unit pricing and accounting packs are aligned.
• Ensure controls are maintained at all times and procedures and escalation protocols are adhered to.

Other contributions

• Participate in transversal projects and transitions as the subject matter expert from Fund Accounting and facilitate collaboration and excellent client delivery.
• Assist internal teams with their queries to achieve the best outcomes for the bank.

What is required for you to succeed?

• 5+ years industry experience in a custodian or similar fund accounting role with unit pricing and some understanding of the full-service model including tax and regulatory reporting.
• Technical accounting ability:  Knowledge of fund accounting, unit pricing, reporting and tax and related operational risk and compliance requirements of the client service function.  
• You have the ability to provide pragmatic and commercial solutions in problem solving.
• The successful candidate has an inquisitive and questioning mindset and good time management skills, with the ability to meet critical deadlines in the area.
• Demonstrated quality focus ensuring reports and the handling of queries or issues meet the requirements of departmental or client Service Level Agreements.  
• Operating from a customer-focused work ethic, you have the ability to think with an improvement focus, always looking to enhance the service you and the team provide.   
• Effective communication skills and good interpersonal skills.  You have experience in liaising and working effectively with colleagues across various teams, including offshore teams.
• You have the ability to question or escalate issues for resolution. You actively seek to resolve queries or reconciliation items for the clients you support, ensuring appropriate treatment. You ensure work completed meets compliance standards in terms of signoff. 
• You enjoy participating fully in a team, assisting with the technical growth and development of team members where possible.

About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management – a bridge between corporate and institutional clients.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

BNP Paribas MixCity which fosters better representation of women at all levels of the organization

Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey 

BNP Paribas – The Bank Of Green Changes 

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Position Purpose

The Fund Administration Team is a customer-focused team servicing Asset Owners and Asset Managers. Asset Owners consist of Life Insurance Funds, Sovereign Wealth Funds and Superannuation Funds. Asset Managers manage Trusts and Managed Funds

 The teams are responsible for the generation of accurate client service including:
 * Unit Pricing
 * Fund Accounting
 * Reporting
 * Tax administrative services

 They have extensive interaction and dealings with various managers and teams within the Operations Division including Fund Administration colleagues, Investment Administration teams, Custody Operations and other internal BNP Paribas Securities Services teams namely the Risk Control & Finance function and Relationship Management.

All services delivered by this team are required to consider current legislative and regulatory requirements and they must comply with operational risk guidelines. Also the investigation, management and resolution of any client queries and issues which are directed to the team. Finally the team supports the ongoing fulfilment of service delivery to clients through representation alongside the Relationship Management function.

 The role of Senior Fund Accountant plays an important role in supporting the service delivery of the Fund Administration team and acting as a mentor to the Fund Accountant. The Senior Fund Accountant verifies and reviews the work of the Fund Accountants who prepare and produce accurate and quality reporting in line with SLA targets. Specifically the generation of:
 * Regulatory reporting
 * Statutory reporting
 * Unit pricing reports
 * Accounting reports
 * Tax reports; and 
* Resolution of client and or interdepartmental issues and ad hoc queries

All reports generated should be of a standard consistent with policies and meet legislative requirements. The Senior Fund Accountant also calculates and / or performs first level review in relation to Tax Services including BAS/GST, distributions, taxable income computations and tax returns on behalf of clients. As such they must have sound numeracy and analytical ability and they are capable and pro-active in problem solving and resolution. They gain satisfaction through completing quality work and finalising tasks to required timelines.

Responsibilities

 Senior Fund Accountants will have direct client contact as they are responsible for the accurate and timely delivery of Client reports in accordance with SLA’s. This can include unit pricing, month end report packs, distribution calculations, taxable income calculation and BAS/ GST once reports have been verified as correct. 

Their role also comprises substantial inter-departmental contact and as such they require excellent interpersonal ability as well as the ability to interact with clients and deal with queries and technical issues in a professional and a calm manor. They have a service ethic and a quality focus applied in the way they operate and the work they produce. As required, they investigate and assist with ad-hoc queries. They consider and meet operational risk and compliance requirements in their work preparation and they maintain relevant compliance records.

 They contribute to building and sustaining client relationships by supporting the efforts of the Account Managers, Client Service Managers and the broader team.  They are motivated to achieve individual and team goals and to growing their technical ability and knowledge.  They do this through participation in on-the-job training and education, remaining aware of policy and regulatory change.  They share their knowledge freely.  They also ensure their technical development is current through ongoing study or participation in industry groups.

 Technical and Behavioral Competencies required

 Technical
 * Experience in fund accounting, unit pricing and a good understanding of tax services.
 * Technical accounting ability.  Knowledge of fund accounting, unit pricing, reporting and Tax and related operational risk and compliance requirements of the client service function.  
 * Systems experience and understanding of Hi-Portfolio, PControl unit pricing system and MS Word & Excel

 Behavioural
 * Accountability – Committed to achieving the organisation’s objectives.  Demonstrates perseverance and is accountable for own actions.
 * Attention to detail – Ensures accuracy and implements processes to ensure quality of output.  Ensures high personal standards in all areas of work 
 * Client Focus – Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market
 * Commitment – Committed to our customers, shareholders and employees. Demonstrates enthusiasm towards the organization and motivation to add value and be part of the organization.
 * Change management – Displays flexibility to change and is open to new ideas.  Encourages others to be open to innovation.  Values feedback and gives people scope and confidence to generate ideas.
 * Communication – Oral:  Expressing ideas effectively in individual and group situations.  Adjusting communication style to match the needs of the audience.  Written:  Expressing ideas clearly in all written documents.  Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.
 * Individual Leadership – Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement.  Adjusts behaviour to accommodate tasks, situations and individuals. Leads by example.
 * Innovation – Proactively looks for opportunities for continuous improvement and thinks creatively
 * Responsiveness – Adapts when facing new or unforeseen situations.  Delivers on time the required service.
 * Risk awareness – Adheres to the organisation’s processes and procedures.  Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk
 * Team Orientation – Works with the team and the broader organisation towards shared goals and treats all colleagues and clients as partners

 Experience and Qualifications required

 Experience, in fund accounting, unit pricing and some tax with an understanding of the full service model of master custody.  You have awareness of financial market securities and fund products for which you provide accounting services.  You have the ability to provide pragmatic and commercial solutions in problem solving.

 The successful candidate has an inquisitive and questioning mindset and good time management skills, with the ability to meet critical deadlines in the area.  You demonstrate sound numeracy and analytical ability as well as management capabilities (although management experience is not a necessity for this level of role) to enable a collaborative and supportive approach to mentoring Fund Accountants.  You have experience in:
 * Unit pricing
 * Regulatory & statutory reporting
 * Tax reporting 
 * Valuation and Accounting
 * Distributions  or Taxable Income Calculations 
 * Tax Returns 
 * Working in diverse teams
 * Supporting and mentoring more junior members of staff

 You have had experience in the completion of MIS and client reporting (as above) on a timely basis and in line with legislative requirements and organisational operational risk and compliance policies.  You demonstrate a quality focus ensuring reports and the handling of queries or issues meet the requirements of departmental or client Service Level Agreements.  

Operating from a customer-focused work ethic, you have the ability to think with an improvement focus, always looking to enhance the service you and the team provide. You demonstrate the ability to communicate effectively written and verbal and you have good interpersonal skills. You have experience in liaising and working effectively with colleagues across various teams.

 You have the ability to question or escalate issues for resolution. You actively seek to resolve queries or reconciliation items for the clients you support, ensuring appropriate treatment. You ensure work completed meets compliance standards in terms of signoff. You enjoy participating fully in a team, assisting with the technical growth and development of team members where possible.

 About BNP PARIBAS

 As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

 We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

 •    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

 •    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

 •    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

 •    BNP Paribas CulturAll which celebrates diverse backgrounds

 BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

 [1] https://careers.apac.bnpparibas/

 More information 

 [2] BNP Paribas – Diversity & Inclusion Journey 

 [3] BNP Paribas – The Bank Of Green Changes 

 Award Obtained

 BNPP has won Top employer Europe award in a 10th consecutive year

Description of the Department: 

The Tax Services team is a customer focused team; they support the business and client activities of the Operations division of BNP Paribas Securities Services.  The team works in partnership with our clients to ensure all regulatory client deliverables are met accurately and on time. The team also has extensive interaction and dealings with all teams within the Operations division as well as other internal BNP Paribas Securities Services teams such as the Risk Function and Client Development teams. 

The team is responsible for managing the successful delivery of regulatory reporting and tax services to all of our clients. 

This includes the following- 

• Managing the client relationship from a tax reporting perspective. 
• Industry involvement in tax, regulatory and software user forums. 
• Monthly, quarterly and annual deliverables, including approx. 500 distribution calculations at yearend
• Performing an internal audit function in ensuring tax records maintained are accurate.
• Working with other departments to resolve internal and external queries.
• SME involvement in transitions and projects

All services delivered by this team are required to consider current legislative and regulatory requirements and they must comply with operational risk guidelines.  The team is involved in all major projects and transitions. Also, the investigation, management and resolution of any client and internal queries or issues which are directed to the team.

Summary of the Role: 

The Manager will report directly to the Head of Financial Reporting and Tax Services and will be responsible for managing a specialist team.  The Manager will be responsible for the allocation of work to staff and ensuring the timely and accurate delivery of reporting and calculation services to clients in accordance with service level agreements. 

On a day-to-day basis, the Manager provides support to the Tax team, enabling them to manage their clients and deliverables and assisting them to resolve specific queries with the clients. The Manager is the escalation point for all of our clients.

Working closely with other tax managers within the tax services team and with various teams and individuals in the Operations division, the Manager is enlisted with facilitating excellent client support and service; they deal in a pro-active and effective manner with clients, both internal and external.

Key Responsibilities: 

• Manage the Tax team to facilitate them to act as the operational contact for clients and to participate in service level reviews and other ad-hoc meetings. Act as the escalation point for the Tax Technical team at these reviews and meetings.
• Provide training and development for staff within the team and be able to manage their expectations and development over time. 
• Ensure that allocated client profiles are managed and agreed with all the relevant stakeholders (including external and internal clients).
• Ensure that deliverables to clients are delivered accurately and on time in accordance with agreed Service level agreements (SLA).
• Ensure that client queries are resolved in a timely manner and that any issues are escalated to the Head of Financial Reporting and Tax Services.  
• Ensure testing of templates and processes is completed accurately and on time to ensure compliance with current legislation and internal policies.  
• Provide transitions support towards the setup of new portfolios, clients or restructures as per client instructions.
• Perform formal supervision and controlled self-assessment testing of procedures and deliverables with our agreed risk management framework.
• Participate and actively drive initiatives aimed at improving efficiency and reducing operational risk within the business. 
• Liaise with product, technical and other operational teams to ensure new product offerings, services or legislation changes are deployed successfully to production.
• Support the wider team at peak periods and act as the operational cover for colleagues. 

Qualifications & Experience required for the role:

The successful candidate will have at least 6-8 years Australian experience within the financial services industry and have extensive tax compliance experience in dealing with managed investment schemes, life and general insurance and superannuation funds. 

As the role involves managing a team of operational and technical professionals, it is envisaged that the individual would have demonstrated experience in managing individuals/stakeholders and developing them over time. 

The role also involves extensive planning and resourcing requirements to cover client deliverables in addition to projects and transitions, so time management and planning and co-ordination skills are required.

This role is the first escalation point for all client correspondence and it is expected that the individual will have a proven track record of managing clients and uplifting client service.

Excellent communication skills, both verbal and written.

Technical Skills required for the role: 

• Knowledge of fund accounting, financial reporting and tax reporting and related operational risk and compliance requirements of the client service function.
• Solid understanding of the accounting and taxable income reconciliation process and the tax treatment of financial products and instruments. 
• Good understanding of the application of tax principles in relation to unit trusts and the impact on its unitholders.
• Up to date knowledge of Australian tax legislation and accounting standards.

Core Competencies required for the role:  

• Accountability – Committed to achieving the organisation’s objectives.  Demonstrates perseverance and is accountable for own actions.
• Attention to detail – Ensures accuracy and implements processes to ensure quality of output.  Ensures high personal standards in all areas of work.
• Client Focus – Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market
• Commitment – Committed to our customers, shareholders and employees. Demonstrates enthusiasm towards the organization and motivation to add value and be part of the organization.
• Excellence – Results driven, committed to achieve consistently high standards in people, products and service that will make us the provider of choice for clients, and deliver returns for shareholders
• Planning & Execution – Establishes courses of action for self and others to ensure work is completed efficiently.  Effectively manages own time and resources to meet deadlines and quality standards.
• Risk awareness – Adheres to the organisation’s processes and procedures.  Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk
• Team development – Optimises performance through working together.  Understands how different individuals bring different skills and approaches.  Works together to achieve collective goals.
• Technical/professional knowledge – Demonstrates a satisfactory level of technical and professional skills/knowledge in job related areas.  

About BNP PARIBAS

BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management – a bridge between corporate and institutional clients.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

BNP Paribas MixCity which fosters better representation of women at all levels of the organization

Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

What is this position about?

The Global Markets Group (“GCM”) sits within Global Banking at BNP Paribas responsible for all lending and debt advisory with particular focus on event driven situations including project and acquisition finance in support of the bank’s clients including Infrastructure Funds for which GCM retains coverage responsibility.

 Given the longstanding sector focus, energy, infrastructure and resources remain highly important (though not the sole) sectors of focus, with particular focus on supporting the transition to a low carbon economy across sectors in line with the bank’s net zero commitment by 2050.  To that end, the bank is looking to build its presence in renewables, new energy and metals of the future.  GCM is also responsible for sustainable finance where the bank has a leading presence globally as well locally where it has led market-leading transactions including the first syndicated sustainability linked loan and first green loan in Australia.  

 What would be your typical day at BNPP Paribas look like? 

 The primary responsibility of the role is to assist the GCM team with analytical and reporting assistance in the context of growing a profitable and sustainable business franchise in the energy and infrastructure sector within the region.  

 The analyst, in collaboration with its direct report(s) and the GCM team, will be responsible for:

Responsibilities (Direct):

 •    Due Diligence and industry research on behalf of the GCM team;

 •    Financial and Credit risk assessment on new and existing client files.

 •    Portfolio-wide management, prudential monitoring and timely reporting including new credit proposals, periodic waiver and amendment requests, client annual reviews (required to be undertaken both in written submissions and with financial modelling); 

 •    Ensuring GCM’s portfolio is in managed in compliance with internal policies and guidelines;

 •    Prepare, read and manipulate financial models for existing clients, upcoming opportunities or transactions; and

• Budget analysis, modelling and reporting including wider responsibilities in regards to ad-hoc group reporting as necessary.

Responsibilities (Contribution):

 •    Assistance with marketing and deal origination for financing products and advisory mandates; 

• Assistance with due diligence on new and existing client files as required including assistance with execution responsibilities where directed; and

• Client facing support (together with the relevant Director or Vice President) through ongoing management of the client portfolio and in respect of new opportunities.

 Performance shall be established by way of agreed objectives and assessed by following criteria:

 •    Quality and depth of analysis and demonstration of clarity of thought;

• Decisiveness and a willingness to make recommendations, and ability to justify these recommendations;

 •    Responsiveness and timely completion of reports, scopes and other written output required of the role;

 •    Ability to identify, analyse and communicate upon key risks and available mitigants for the bank;

 •    Initiative, innovation and contribution of ideas in a pro-active manner;

 •    Ability to meaningfully contribute to and work within a team environment; and

• Ability to engender trust with external stakeholders, colleagues, management and other BNPP’s internal stakeholders including risk, credit, legal and compliance departments and product partners through consistent demonstration of transparency, professionalism and clear and appropriate communication.

 What is required for you to succeed?

 •    Tertiary degree qualified in finance, accounting, commerce, law and/or engineering;

 •    Post graduate business qualification (eg MBA, M. App. Fin.) desirable; and

 •    Previous experience within the Energy, Infrastructure and Resources sectors desirable.

 •    Conduct – Operates at all time with high ethical standards.

 •    Attention to detail – Ensures accuracy and implements processes to ensure quality of output.  

• Professionalism – Ensures high personal standards in all areas of work;

• Commercial Focus – Demonstrates awareness of the wider business market and the need to drive actions that lead to profitability. Understands how their contribution to business objectives can impact on profitability;

 •    Communication and Presentation

       o  Oral:  Expressing ideas effectively in individual and group situations.  Adjusting communication style to match the needs of the audience. 

       o Written:  Expressing ideas clearly in all written documents.  Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.

 •    Strong customer focus – passionate about delivering best service to clients.

 •    Strong numerical and quantitative analysis skills – Understands and evaluates numerical data, tables, charts or graphs.  Performs calculations, makes comparisons and combines quantitative information to present reasoned conclusions;

• Financial decision making – Undertakes actions requiring the analysis of financial information. Develops alternative courses of action or recommendations that are based on logical assumptions and factual information;

 •    Planning & Execution – Establishes courses of action for self and others to ensure work is completed efficiently.  Effectively manages own time and resources to meet deadlines and quality standards;

 •    Resilience – Continues to work effectively and pursue goals when faced with obstacles, periods of change and uncertainty, or resistance from others.  Maintains effectiveness in uncertain or ambiguous situations;

 •    Team Orientation – Works with the team and the broader organisation towards shared goals and treats all colleagues and clients as partners and with respect at all times; and

• Technical/professional knowledge – Demonstrates a satisfactory level of technical and professional skills/knowledge in job related areas. Keeps abreast of current developments and trends in area of expertise.

What is this position about?

The Compliance function lies at the heart of BNP Paribas’ risk management. One of the pillars of the Group’s internal control setup, Compliance teams work both independently and in close partnership with the Business to adapt to the evolution of the Group’s activities and to the requirements of the regulators. 

Compliance teams contribute to maintaining the reputation of BNP Paribas and the trust of our clients, thanks to their strong control of non-compliance risks, allowing everyone to work with confidence.

The Project Manager is a member of the APAC Compliance Technology and Operational Transformation team and is responsible to manage various Compliance projects in APAC with the aim to improve the bank framework and meet evolving business and regulations while contributing towards efficiency and digitization of compliance processes under his/her domain.

What would be your typical day at BNPP Paribas look like? 

Primary Role Responsibilities

Project Management

•      Prepare project documents (e.g. Kick-Off, Planning, Steering & Operational committees, etc.)

•      Stakeholder management (e.g. UAT coordination, issue resolution, etc.)

•      Project risk & issue management.

•      Project coordination and tracking with compliance and others central and regional teams

•      Coordination of administrative milestones (e.g. Service agreement, Regulatory approval, etc.)

Business Analysis

•      Requirements gathering, analysis, and validation with various stakeholders

•      Define and propose the Target Operating Model

•      Contribute to and actively propose operational efficiency and digital initiatives for Compliance scope of work

Other contributions

•      Contribute to the Permanent Control Framework

•      Promote the culture of collaboration and agile in the Compliance community

What is required for you to succeed?

•      7+ years of experience of which at least 3+ years in project management

•      Experience with managing stakeholders across seniority, cultures, departments and geographies

•      Knowledgeable on the compliance domains (e.g. Sanctions, AML, Market Surveillance, Professional Ethics) will be an advantage

•      Ability to proactively and assertively communicate to project stakeholders

•      Strong organization skills with a solution-oriented attitude to navigate through complex scenarios

•      Natural empathy skills required to be able to communicate, negotiate, and collaborate with stakeholders

•      Strong business and analytical skills

•      Experience working with vendors solutions (E.g. AML, Filtering or workflow tools)

Specific Qualification:

•      Project management certifications (e.g. Agile) will be an advantage

•      Compliance certification (e.g. ACAMS) will be an advantage

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year