Business Overview:

ALM Treasury is a Transversal Activity within BNP Paribas Group. ALM Treasury has three operational responsibilities and two prudential mandates. The three operational responsibilities are the management of the Group’s liquidity position, the management of the interest rate risk in the banking book (IRRBB) and the management of the foreign exchange risks. The prudential mandates refer to the liquidity risks linked to the Group’s profile and geographical presence, for which ALM Treasury exercises a responsibility similar to a Group function. ALM Treasury’s mandates consist in assessing the liquidity risks of the Group and protecting the Group’s signature.

ALM Treasury APAC overviews 12 Territories  (Hong-Kong, Japan, Australia, Singapore, Taiwan, South Korea, China, Thailand, Vietnam, Malaysia, Indonesia, India)

Candidate Success Factors:

• Results and Impact
  • Able to influence peers and team
  • Demonstrates good judgement when making decisions
  • Exercise appropriate autonomy in the execution and delivery of work
  • Responsible for driving outcomes
• Leadership and Collaboration:
  • Able to build relationships with a mix of colleagues and various bank’s departments
  • Acts in leadership capacity for projects, processes, or programs
• Compliance Culture and Conduct: 
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards

Responsibilities: 

• Design, propose and maintain tactical solutions for the production of various ALM Treasury risk metrics for all APAC entities – as per Group guidelines and local regulation/policies
• Fully document all the processes and tools used by the team
• Further analyze the various metrics and share the conclusions with local ALMT and local ALCO.  
• In collaboration with various stakeholders (RISK, Finance, …), contribute to various projects and impact studies on local regulatory reporting
• In collaboration with Local ALMT in each APAC entity, contribute to answer requests from local supervisors pertaining to ALM Treasury risks
• Ensure compliance with both ALM Treasury policies, guidelines and standards and local regulatory requirements
• Support ALM Treasury Head Office in its initiatives related to liquidity and IRRBB/FXRBB regulations or supervision

  

Qualifications:

Previous experience within ALM Treasury would be a plus

What is this position about?

The Financial Reporting team is a customer focused team; they support the business and client activities of the Operations division of BNP Paribas Securities Services.  The team has extensive interaction and dealings with various managers and all teams within the Operations division as well as other internal BNP Paribas Securities Services teams such as the Risk Function and Relationship Management teams. 

The team has monthly and quarterly client reporting deliverables and is also responsible for the preparation and review of clients’ statutory financial statements, APRA returns and ABS reports.  This involves reviewing reports prepared by our team offshore and ensuring that all data is reconciled to the investment system, registry, auditors, clients and other external sources. In terms of volume, the team is responsible for producing approximately 200 sets of financial statements at year end and 100 sets of financial statements at half year, quarterly and annual APRA reporting for approx. 10 clients and ABS reporting for approx. 12 clients (20 forms).

In addition, the team is responsible for the maintenance of the general ledger system and as a result is involved in all major projects and development in the business. The team works with other operational teams to resolve queries and provide advice on accounting and general ledger related queries.

The Senior Financial Reporting Accountant plays a key role in supporting the service delivery of the Fund Administration teams and meeting our clients’ statutory reporting requirements. The Senior Financial Reporting Accountant is responsible for the preparation and review of daily, weekly, monthly, and quarterly and year end deliverables for our clients, as well as managing the financial statements process at year end and half year. The Senior Financial Reporting Accountant prepares and produces accurate and quality reporting in line with SLA targets. 

In addition to report preparation and review, the Senior Financial Reporting Accountant is responsible for understanding and implementation of the operational risk and legislative requirements of Fund Administration and BNP Paribas policies, in particular, ensuring compliance with the implementation of the Operational Risk and Control framework.

Primary Role Responsibilities

In this role, you will be responsible for the following as part of a team:

• Client reporting 
• APRA and other regulatory reporting
• Financial statements preparation and review
• Reconciliations
• Client and auditor management 
• Resolution of client issues and ad hoc queries 
• Resolution of accounting & general ledger queries from the business and clients
• Assisting with related systems, process or internal change initiatives and process improvements.

Other contributions

• Participate in initiatives aimed at improving efficiency and reducing operational risk within the business. 
• Provide transitions support towards the setup of new portfolios, clients or restructures as per client instructions.

What is required for you to succeed?

• Approximately 7+ years commercial experience in financial services accounting or financial reporting 
• Knowledge of fund accounting, reporting and related operational risk and compliance requirements of the client service function
• Experience using central accounting systems and producing reconciliations
• Demonstrated history of being results focused and excellent attention to detail
• Demonstrated history of managing clients and auditors at yearend
• Excellent communication skills, both verbal and written

Required education/certification/licenses

• Qualified Accountant (CA/CPA)
• Degree qualified in Business, Accounting or related discipline

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 Transitions Manager will be responsible for the successful delivery and integration of existing client restructures, closures, new business or complex transitions/operating models including obtaining an overall understanding of the client needs, planning, execution and implementation into the BNP business units. 

The role would suit someone with extensive market knowledge and experience, with a strong understanding of third party investment manager, client and custodian requirements. Fund accounting (and preferably HiPort) experience would also be highly beneficial. 

Commitment, engagement and collaboration with a good understanding of project management principles are required to deliver a professional service, in a quality manner by building and maintaining a continuous service program that supports the business and enhances its responsiveness whilst protecting our existing business requirements through effective scope management. 

Deployment of effective transition solutions and services and efficient operations requires well-developed strategies, architectures, technology standards, plans and execution capability that align with the overall BNP Paribas business strategy. 

Purpose of Department 

BAU Transitions (BAUT) covers implementation management of client transition and restructure requests, requiring a solid understanding of Stakeholder Management by applying project management principles combined with an agreed communication and governance framework.

The core product areas covered by BAUT are: Client Delivery (encompassing all administrative and custody services to Clients), plus cross product deals, eg Foreign Exchange, Collateral or Treasury services.  The types of events managed by the BAUT Team include:

•    New fund launches

•    Portfolio re-constructions

•    Fund mergers & Fund restructures (incl manager appointments and terminations)

•    Assisting with new client onboarding & client offboarding

•    Implementation of new BNPP approved and established service or operating models for clients

•    Transition work streams on major projects

Key Responsibilities

Key responsibilities include:

•    End to end coordination and project management of transition and fund restructure activities.

•    Facilitation and co-ordination of business units, appropriating required information and requirements for comprehensive planning and scheduling to successfully complete Client transition / restructure activity.

•    Liaise with and co-ordinate custodians, investment managers and other external stakeholders to ensure smooth and timely completion of Client transitions and restructures. 

•    Ensure appropriate levels of governance are applied to all implementation activities. 

•    Undertake and / or oversee appropriate transition execution monitoring and checking.

•    Facilitate information provision to external stakeholders to help ensure no additional risk to the management of Client assets during the transition period, e.g. data provision to Portfolio Managers.

•    Attend client, consultant and custodian meetings and calls and where necessary initiate and lead them. 

•    Undertake appropriate tracking and governance of transition operational tasks and issues, e.g. corporate actions and income monitoring, asset transfer settlements, as well as all time-lined actions and tasks to ensure all required activities are completed.

•    Maintain required transition records for reporting and audit trail purposes.

•    Ensure full, transparent and appropriate communication to and from all stakeholders throughout the transition / restructure life cycle.

•    Adhere to appropriate escalation processes to escalate, for example, resource issues, delayed project phases, missed deadlines and other planning issues.

•    Undertake Post-Implementation Reviews as required to determine and document learnings and issues to ensure continuous improvement of the implementation function and execution.

•    Deliver all Implementation projects and programmes in line with recognised best practice methodology (managing risk, governance, quality assurance, issue resolution, reporting and communication) and inline with BNPP’s BAU Transitions Framework.

•    Contribute to establishing and implementing sound project methodology and continuous improvement within the Business Implementation area.

•    Contribute to efficiency improvements (i.e. process and control improvements, reduction in errors) without impacting negatively on service, brand and therefore shareholder value.

•    Develop and maintain strong relationships across a large set of diverse business units both internal and external i.e. All teams within Middle Office, Fund Accounting, UUT, Registry, Performance, Custody and MFS (depending on product coverage of the implementation), Client Service Managers, Legal, Credit, Product, Audit, Compliance, Risk, IT, Regulators, Custodians, Trustees, Fund Managers, etc. 

Technical Experience

•    Good working knowledge of custody investment administration business and financial services sector, including asset management and Superannuation Funds

•    Possess strong, demonstratable implementation / project management skills

•    Flexible approach to work, as implementation can occur outside of normal business hours.

•    Strong team player, going the extra mile

•    Strong leadership to set the team mission and maximise team members potential

•    Strong accounting knowledge highly beneficial; beneficial to have Hiport experience

Competencies (Technical / Behavioural)

Communication (Verbal & Written):  Expresses ideas effectively in a clear, concise and open manner appropriate for both individual and group situations.  Listens effectively and identifies / responds to subtle verbal and non-verbal cues from others.  Communicates effectively in written form.  

Leadership:  Uses appropriate interpersonal styles and methods to inspire and guide individuals in a manner that provides clarity and direction and fosters collaboration.  

Develops & Maintain Relationships:  Builds and maintains mutually beneficial, collaborative relationships with business partners and stakeholders based on BNP’s values. Demonstrate strong negotiation and influencing skills.

Decision Making:  Decides on and commits to a course of action in a timely manner having sought and evaluated a range of alternatives from knowledge, experience and insights, taking into consideration resources, constraints, ethics and organisational values.    

Strategic and Solutions Focus – The ability to consider competing conceptual or real elements and factors in finding solutions, to think laterally and to focus on potential outcomes before determining the best course. 

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.

Time Management and Multitasking: Be able to multitask and manage many implementation projects simultaneously and adapt and deal with significant time pressures and prioritization conflicts.

Proactive and self-starting: Doesn’t require micro-managing and is proactive in obtaining, initiating and undertaking all relevant scope and project requirements

Specific Qualifications Required

•    Approximately 8+ years in Financial Services, with specific technical knowledge of fund accounting and unit pricing, investment administration, custody operations.

•    Preferred 3+ years in a direct Implementation / Transition Management or similar role, with a proven track record.

•    Demonstrated capability in project / implementation management (either as an SME or full planning capacity), sound analytical ability and strong stakeholder management.

•    Degree qualified in Business, Accounting or a related discipline; or substantial industry experience in a like role.

•    MS Office suite proficiency: Project, Excel, Word, PowerPoint

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 Senior Fund Accountant is responsible for the preparation and review of daily, weekly, monthly, quarterly and year end deliverables for our clients.  They prepare and produce accurate and quality reporting in line with SLA targets. Communication is always proactive whenever possible, with each team member taking personal responsibility for managing prosperous relationships with their client contacts. 

Primary Role Responsibilities

• Processing and Validation of Fee Payments, Fee Rebates, distribution, and adhoc income and expenses
• Be a key team member in Year End activities
• Support manager in responding to Audit queries, supply evidence to auditors directly as directed by manager
• Coordinate with internal and external customers as necessary
• Actively participate in client B2B meetings
• Review the process procedures regularly and up spec if there is any process changes
• Actively participate in onboardings of new client
• Actively participate in project meetings and provide valuable insights
• Ensure that the team addresses all relevant issues within the specifications and various standards
• Communicate team status, task accomplishment, and direction
• Escalate issues which cannot be resolved by the team
• Client reporting
• Reconciliations
• Resolution of client issues and ad hoc queries
• Resolution of accounting & general ledger queries from the business and clients
• Assisting with related systems, process or internal change initiatives and process improvements
• Building and sustaining client relationships by supporting the efforts of the Account Managers, Client Service Managers and the broader team
• Actively participate in regular meeting times, 1-on-1’s and group discussions
• Ongoing knowledge development and industry knowledge

Other contributions

The Senior Fund Accountant has knowledge of Fund Accounting, Unit Pricing, Investment Administration, tax compliance and reconciliations. They understand the importance of accuracy in reporting and benefits of understanding the end to end operating process.  Time management and the ability to operate effectively within critical time constraints in the area are important.

– Demonstrated ability to Lead by example – Walk the talk:

• Deliver on results promised. Able leadership requires an ability to deliver results.
• Value people and nurture relationships. Top-notch people skills are vital to sound leadership.
• Promote strategic cooperation. Collaboration is an indispensable component of leadership.
• Resolve conflict quickly and effectively. Approach conflict proactively, which means the sooner you resolve things, the better.
• Freely develop and support others.
• Continuous professional development is an extraordinary mechanism for facilitating growth.

– Key System Experience

• HiPortfolio (or other Investment System experience)
• Experience with General Ledger and investment packages/ systems
• Intellimatch (Cash Reconciliation)
• Microsoft packages (MS Outlook, Word, PowerPoint)
• Unit Pricing System (HiPortfolio, PControl or other similar UP systems)
• Excellent Excel skills (with macro level) essential

Accountability – Committed to achieving the organisation’s objectives.  Demonstrates perseverance and is accountable for own actions.

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.

Client Focus  – Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market (both Internal and External Client)

Collaborative approach – Supports and shows respect for others.  Puts people first, and works effectively with individuals, teams and clients.

Impact & influence – Creates a positive and professional impact on others.  Uses effective strategies to win others over.  Exhibits persuasive representation of team and business objectives.

Individual Leadership – Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement.  Adjusts behaviour to accommodate tasks, situations and individuals.

Attention to detail – Ensures accuracy and implements processes to ensure quality of output.  Ensures high personal standards in all areas of work.

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.

What is required for you to succeed?

• Tertiary Qualification in Business or Finance preferable
• Other Postgraduate or Industry qualifications welcome but not essential
• Proven experience (at least 5+ years) in the finance or investment industry. 
• In depth and comprehensive knowledge of the Funds Industry and Operations, Fund Accounting, Reporting and Custody.
• Strong understanding of the principles and the practical application  of tax compliance
• Strong product knowledge in domestic and international securities and funds management.
• Good theoretical and practical knowledge of investment products including Unit Trusts Superannuation Schemes, Exchange Traded Funds  and Listed PIEs
• Experience in tax compliance including the preparation of Imputation Credit Accounts (ICA) and Statements of Taxable Income (SOTI) and Tax returns 
• Experience with general ledger and investment management systems
• Knowledge of compliance and operational risk requirements in the industry
• Demonstrated history of being results focused and excellent attention to detail
• Excellent communication skills, both verbal and written

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.admin@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 Operations Manager is a senior leader in the Fund Services team with overall responsibility for the operation, output and service delivery of the Fund Accounting teams in Melbourne. This role is specifically focused on achieving excellent service delivery to internal and external clients, in all unit pricing, reporting and client support activities.

Primary Role Responsibilities

•    Lead, manage, develop and support the teams in delivering all contracted services to clients accurately and on target

•    Maintain and monitor the BNP Paribas Risk Control Framework for the services provided to clients, including formal supervision, identifying potential risks and developing controls to mitigate them

•    Promote a client focussed culture within the team, ensuring that staff are uncompromising in the delivery of BAU excellence

•    Develop and maintain relationships with the Clients, including engaging client representatives and providing a management escalation point and supporting and developing new business and product initiatives

•    Develop and maintain relationships with internal stakeholders, supporting all BNP Paribas initiatives and facilitating quality collaboration with other internal teams

•    Successfully deliver and drive all projects and transitions from a Fund Services perspective for your clients

•    Work with the Head of Fund Services in formulating and implementing strategic plans for the department, including team structure, controls mastery, efficiency drivers and uplift in service quality

Other contributions

•    Participate in the elements of all new business acquisitions processes, including client tender responses, client due diligence presentations, transition discussions and interna stakeholder collaboration

What is required for you to succeed?

•    A minimum of 10 years commercial experience in unit pricing, fund administration, accounting/audit with working technical knowledge and understanding of the full-service model for a custodian / administrator

•    Demonstrated management experience and effective team leadership experience for a similar function

•    Commitment to motivating and developing team members in a supportive and energetic way that in turn will enable to the team to achieve its goals in a positive and sustained way

•    The ability to drive a culture of customer focus and quality with strategic think, always looking to enhance the performance of the team

•    Competent strategic thinker with the ability to create and implement solutions

•    Ability to foster and maintain strong interpersonal relationships, internally and externally

•    Detailed knowledge of Superannuation, Managed Investment Schemes and Life Insurance Companies

•    Risk management and compliance mindset, ensuring effective controls in place and a commitment to the effective management and sustained eradication of errors

Years of Experience – 10 Years 

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

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 DESCRIPTION

The role reports hierarchically to the Head of Global Trade Solutions for TB APAC and has a dotted line to the Global Banking APAC Chief Sustainability Officer for all sustainability topics. 

The candidate shall steer sustainability topics across Transaction Banking APAC, leveraging on TB APAC sales and structurers to execute mandates, and acting as senior structurer leading highly structured financing mandates. 

Sustainable finance broadens the scope of traditional finance by taking into account Social, Environmental and Governance (ESG) impacts/returns, aiming at long-term value creation for the global community. This is a strategic topic for Transaction Banking (TB), in APAC and other regions. The candidate shall be responsible for the coordination with other CIB regions on sustainability topics, and acts as a SPOC vis-à-vis the rest of the BNP Paribas group. He/She represents TB APAC (or TB CIB worldwide, as relevant) in all internal sustainable forums and governances.

In addition, the candidate shall lead or support origination and structuring of important/ complex mandates, in coordination with local sales and structuring teams. These mandates are primarily expected to support our Low Carbon Transition (LCT) initiative and could also potentially involve clients in other industries which are not directly related to sustainability or LCT. 

KEY DIRECT RESPONSIBILITIES

Sustainability Strategy:

• Define and implement a strategy to grow BNPP’s relevance in Sustainable Transaction Banking, including (i) medium-term vision and targets, (ii) key enablers (education, products, commercialization, advocacy), (iii) actionable clearly communicated to stakeholders.
• Identify new business opportunities and revenue pools whilst articulating how the product capabilities can solve for client needs and requirements. 
• Monitor and contribute to reshape TBA portfolio composition in line with CSR policies and SET targets (fossil vs. renewables)
• Ensure proper coordination with all relevant parties within the Group and especially with CIB regions and ensure fluid communications and sharing of best practices and experiences.
• Anticipate new regulatory impacts and educates TB APAC teams accordingly.
• Define client action plans with Coverage, TBA Sales and CSO.
• Lead action on specific industry deep-dive. 
• Align with global stakeholders, including Global Head of TB Sustainability and Trade Finance Competence Center, CSR Teams, Low Carbon Transition Group, etc. 

Education and Advocacy: 

• Communicate pro-actively on the sustainability strategy of Transaction Banking. 
• Work with the Business Heads and Brands and Communications to produce client pitches and marketing materials.
• Represent BNP Paribas in various external forums related to sustainability.
• Educate Staffs and Clients on key SG thematics and sustainable finance and deposits solutions.
• Plan training path of TBA staffs in relation to Sustainability. 
• Be the TB APAC champion of all related-sustainability group initiatives, notably but not exclusively around Energy Transition and Value Chain Decarbonization.

Origination and Structuring:

• Assist Business Lines Head and TB sales/origination teams in their marketing efforts around Sustainability, Low Carbon Transition, Structured Solutions, and participate in client meetings.
• Support structuring, greenlighting and approval of sustainable assets and liabilities, avoiding risk of greenwash.
• Monitor portfolio and pipeline of sustainable assets and liabilities.

Product Innovation:

• Deploy relevant and impactful TB sustainable products supporting our clients’ pain points and ambitions.
• Conceptualize, test and deploy cutting-edge innovative solutions leveraging data analytics, advanced technologies, co-creation, and ESG partners. 
• Work transversally with relevant Global Banking Metiers and Functions (e.g. Low Carbon Transition Group, Project Finance, APAC Chief Sustainability Officer, Coverage, etc.) to customize advanced solutions solving client pain points. 

Processes, Implementation and Product Industrialisation:

• Operationalize and improve the framework for sustainable finance and deposits for TBA, leveraging on the Bank’s existing sustainability-related frameworks, market standards, and in alignment with other business lines and TB in other regions. 
• Work in cooperation with Product teams to deploy dedicated product codes and industrialize the operational handling of sustainable assets, leveraging where appropriate advanced technologies. 
• Work in cooperation with Implementation Teams to deploy solutions seamlessly. 

Structuring of complex solutions: 

• Lead or support (as the case may be) the origination and the structuring of complex mandates, i.e. end-to-end solutions addressing specific client requirements, and possibly tapping various products of the GTS suite, including but not limited to: payables, receivables, inventory solutions as well as documentary credit, bank guarantees and trade financing. 
• Liaise with client and with relevant teams alongside the structuring of the deal (e.g. Trade Syndications, Risk, Operations, Legals, Compliance, etc.) to ensure that such complex solutions can be implemented in a seamless fashion and are deployed efficiently. 

Leadership & People:

• The candidate may rely on one direct report, supporting actions on sustainability.
• The candidate shall work in adequacy with TB sales, structuring, product and implementation teams, in the crafting of solutions.

Risk and portfolio management: 

• Continue to enhance portfolio management, in coordination with TB COO and TB Head of Risk and Portfolio Management
• Review all ESG deal structures and provide recommendations to Head of GTS APAC / Head of TB APAC for business approvals
• Actively participate in Risk Committees to explain deals and seek approvals.
• Identify and mitigate various risks (credit, operational, reputation/greenwash, etc.).
• Run New Activity Committee and Transaction Approval Committees where required. 

KEY PERFORMANCE INDICATORS (KPI)

Specific KPIs will be defined in the following areas:

• Strategic planning, Client Action Plans, Industry deep-dive
• Growth in sustainable assets and liabilities
• Growth in number of mandates
• Growth in number of landmark mandates 
• Evolution of TBA’s portfolio of assets in line with the Group’s low carbon transition objectives 
• Deployment of new products and new categories of sustainable assets and operationalization thereon
• Education of TBA staffs / internal teams and associated training path
• Advocacy and promotion of TB sustainable solutions externally

SKILLS/KNOWLEDGE/COMPETENCIES 

• Strong understanding of trade products including supply chain management, traditional trade products and capex financing.
• Ability to understand other Global Banking activities (e.g project finance, etc.)
• Strong structuring capabilities and proven experience in structuring ad hoc, complex solutions (e.g. medium-long-term)
• Strong credit fundamentals 
• Interest on sustainability topics and and ability to keep pace with a rapidly evolving environment. 
• Ability to interact with Senior Management and Group support functions
• Ability to work transversally, mobilise and federate teams, and obtain results in a determined yet collaborative manner
• Autonomy and leadership 
• Ability to innovate, think out of the box and be creative
• Previous specific trainings on sustainability topics is highly preferred

WORK EXPERIENCE REQUIREMENTS

• 10+ years of overall experience in trade finance / transaction banking: Client-facing position with structuring experience, including credentials in delivering complex mandates / products (e.g. receivables, capex, inventories, syndicated deals)
• Previous experience in Sustainability related position is a plus
• Good knowledge of BNPP organization is a plus

EDUCATIONAL REQUIREMENTS

• Graduate degree in Finance or equivalent
• Strong appetite and conviction on sustainability-related topics
• Previous training/ working experience in the field of Sustainability is a plus

LANGUAGE REQUIREMENTS

• Fluent in English

Reporting Line: 

This role reports regionally to the APAC Head of AO & AM Client Line and functionally to the global head of IADS 

Position Details

Department purpose / objectives: 

The Head of Product Manager is responsible for Investment Analytics & Data Services for APAC markets.

The IADS APAC Head will be located in Singapore and is part of a regional business covering Asia Pacific markets and also provides a strong contribution to the global product strategy of the Investment Analytics & Data Service business. He / She acts as a representative of the IADS global teams in the regional decision instances. The role will primarily focus on leading the teams expertise and design for the investment analytic and data solutions, including product design, business development and enhancement the product solution within the best practice product framework of IADS management and in line with the business strategy. The role will ensure a strong connectivity with the local markets in APAC to ensure alignment with the global IADS strategy. The APAC Head will also cover the review of the regulatory framework, regional go to market strategy and manage IADS product team in APAC.

Key missions

• Executing APAC Investment Analytics & Data service product Strategy/Roadmap and value proposition, managing products solution and transformational initiatives spread across locations and aligned to global ambition and client/market needs.
• Responsible to maintain IADS product & solution up to date from a risk, pricing, marketing and .product documentation perspective. 
• Contribute to solutions & products evolutions with the objective to best fit APAC client needs and regulatory requirement.
• Establish APAC thought leadership / market advocacy – inc. any relevant market/regulatory topics – approach to promote market awareness & understanding of BP2S / Partner capabilities.

Key Responsibilities

1. PRODUCT MANAGEMENT/PRODUCT CONTROL/PRODUCT INNOVATION
   1. Drive product innovation to enhance existing capabilities by working closely with Global Products teams and Client Delivery to develop core product enhancement and relevant solutions to meet APAC clients’ or prospects’ needs.
   2. Input in the Global IADS strategy with proposal to  develop new solutions to support client needs, regulatory developments or strategic initiatives
   3. Design and maintain effective business model to align with client needs, maintain clear product standards and ensure product control guidance
   4. Support the effective launch of new IADS services in the region, deliver Product Level Description (PLD) with prioritized features, corresponding justifications, core positioning and messaging for the product launch
   5. Focus on coordinating the implementation of new and complex processes to support our client pipeline. It involves driving specification, design, testing and deployment of new technical solutions with the team.
   6. In conjunction with the central IADS team, contribute to Define the product strategy and roadmap for client segments, i.e. Asset Managers, Asset Owners.
   7. Contributing actively to the geographical expansion in the region by analyzing new markets, defining the product strategy and monitoring implementation

2. MARKET & REGULATORY WATCH/THOUGHT LEADERSHIP
   1. Monitor the regulatory development and assess the impact on our service offering and products 
   2. Conduct competitive analysis and market regulatory watches, and translate these insights into recommendations 
   3. Establish thought leadership / market advocacy – inc. regulatory topics – approach to promote market awareness & understanding of BP2S / Partner capabilities
   4. Support BPSS expansion through business case structuring, strategic review and analysis and decision making across new markets
   5. Update stakeholders on latest product and market developments
   6. Prepare strategic analysis to support the team in defining our product strategies and enhancements

3. BUSINESS DEVELOPMENT
   1. Contribute to identify key target for business opportunities
   2. Articulate to prospects and clients IADS product capabilities in an efficient and sustainable business operating model 
   3. Actively engage with clients to identify new opportunities or answer their requirements / pain points
   4. Adapt product / pricing / legal when required to align with local market practices
   5. Support the team in the planning and execution for any new products and initiatives
   6. Prepare and maintain client presentation and documentation.

4. P&L and RISK MANAGEMENT 
   1. Identify risk issues (regulatory, operational, clients) and propose appropriate actions. Follow up on the remediation of these issues
   2. Identify profitability issues and propose actions to the APAC CL head
   3. Drive and increase the profitability of the assigned products portfolio through lifecycle management:
      • Support Client Delivery’s operational efficiency and to drive down cost of operation
      • Ensure appropriate profitability modeling is in place, and assist in the design and development of financial models where required
      • Analyze, price and approve new business opportunities
      • Work closely with Sales to establish sales pipeline and revenues projections, and track deal performance against sales plan/pipeline

5. Team Management

• Ensure the team member demonstrate the full range of BNPP Managerial behaviors especially act with ethics and follow strictly the conduct program
• Demonstrate leadership for the team, share the vision and define priorities 
• Prepare, maintain and manage the resourcing plan of IADS APAC 
• Stimulates team member to make professional progress in their functions and careers by helping them identify and use learning opportunities and by evaluating their realization.
• Ensure and promotes the development of the area management team/succession planning through coaching, training and leadership development

Key internal stakeholders:

• Heads of Asia Pacific CIB2S Client Lines
• Global Product Domain heads 
• IADS global team members
• APAC CIB2S Product Owners (All Client Lines)
• APAC CIB2S Regional, Location, Client Development, Client Delivery Business Managers
• APAC CIB2S location heads, Client Development, Client Delivery heads on ad hoc/case by case basis 
• Finance, Risk, CAO, Internal Auditors, legal, compliance 

 

Key external key stakeholders:

• Strategic Client
• Consultant

Management Responsibilities

Manage IADS product team across the region namely Singapore and Australia 

Regulatory & Compliance Status

Not regulated from MAS’ standpoint.

Competencies, skills and experience required

1. Leadership and Management: Strong leadership skills with the ability to manage and inspire a team. Experience in leading cross-functional teams and driving strategic initiatives. Ability to deal with senior management and to handle complex client situations. Strong cross business knowledge to deliver a end to end approach
2. People Management: Successful personal skill -above and beyond the hierarchical management – to manage people from diverse culture and background to drive them to successful delivery,.
3. Project Management: Experience in managing projects from inception to completion. Ability to prioritize tasks and manage time effectively.
4. Analytical and Data Skills: Proficiency in data analysis, data management, data integration and data visualization. Strong understanding of investment analytics and the ability to leverage data to drive business decisions. Technical awareness regarding artificial intelligence, databased architecture.
5. Client Engagement: Excellent communication and interpersonal skills to engage with clients, prospects, regulators and market participants. Ability to articulate product offerings to secure commitments and understand client needs.. 
6. Product Development: Experience in product development and innovation, including designing, promoting, and maintaining analytics and reporting solutions. Ability to develop and execute a product strategy and to stay focused on delivering results 
7. Market Knowledge: Deep understanding of the APAC institutional investment markets, of the key regulations that impact IADS business and the ability to connect with the market participant to stay updated with market trends and developments.
8. Technical Skills: Proficiency in relevant software and tools used in investment analytics and data services. Knowledge of programming languages and data analysis tools is a plus.
9. Problem-Solving: Strong problem-solving skills with the ability to think critically and strategically. Ability to identify and address challenges effectively.

10. More than 15 years of experience in the financial service industry, with at least 5 years’ experience on data services 
11. APAC experience represents a really strong enabler to ensure the role fit within a complex and diverse region

What is this position about?

The Project Management team within Banking Services Operations (BSO) is responsible for managing the significant change agenda impacting the custody world, including market driven change, regulatory change, client change requests, internal platform upgrades/migrations and internal process/control enhancements. 

The team works closely with onshore and offshore operational teams, account management teams, client service management teams, Product and local/global IT teams as well as clients, market participants and regulatory bodies (eg ASX, AusPayNet, AUSTRAC, ACSA etc).

The successful candidate must be able to demonstrate accountability, attention to detail and strong problem solving capability. They must comfortable managing priorities to ensure to ensure successful delivery and handover to BAU.

Key responsibilities

• Oversee full project life cycles from initiation to deployment 
• Develop project scope and objectives, engaging all relevant stakeholders and ensuring technical feasibility
• Create and maintain comprehensive project documentation (eg PIDs, BRDs, RAID logs, project plans etc)
• Act as the single point of contact (SPOC) for project coordination across internal and external stakeholders
• Organise and support UAT, including engaging local/global IT teams as required
• Drive internal project governance meetings and supporting documentation, ensuring comprehensive yet concise updates to management and stakeholders
• Identification of risks and issues as well as appropriate mitigation plans, including timely escalation to management
• Review relevant documentation from global projects to identify local impacts
•  Work collaboratively with onshore and offshore SMEs to identify and implement process enhancements
• Ensure changes and improvements are seamlessly integrated into BAU
• Establish and maintain relationships with key internal stakeholders 
• Establish and maintain relationships with external parties, representing BNP Paribas in relevant industry working groups
• Represent BNP Paribas Australia branch in internal global working groups

What is required for you to succeed?

• 5 years+ experience within the custody industry, including solid knowledge of operations within domestic and global custody and related operational risk and compliance requirements
• Practical project management experience and an ability to demonstrate strong communication, governance and stakeholder management
• Awareness of the local regulatory environment
• Strong working knowledge of JIRA, Confluence and all Microsoft Office tools, preferably including Project and Visio
• Desired knowledge, skill, experience
• Technical knowledge of custody cash payments, including SWIFT message types and ISO20022, HCVS
• PRINCE II or Agile professional qualifications highly desirable

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?

Responsible for credit flow including credit bonds (US IG, Aussie Yankees), CDS (single name and indices), CLNs, TRS on fixed income underlyings, credit repo and other relevant financing, CLOs, balance sheet & collateral optimisation.

Primary Role Responsibilities

• Securitisation distribution: working with investors on asset-backed securities
• DCM distribution: provide investor feedback to DCM team and support primary issuance
• Act as the back-up for macro (FX and rates) flow
• Generate distinctive ideas, solutions and trades for clients using BNP Paribas’ research and product development capabilities
• See transactions through BNP Paribas’ processes such as NAC/TAC; ensure all transactions meet local regulatory, legal and tax requirements
• Good knowledge of Australian and NZ investors, asset owners and banks including their drivers, regulatory and capital obligations etc
• Build BNP Paribas’ market presence in FICC flow & solutions including through engaging directly with clients, attending market forums etc

Other contributions

• Contribute to the Permanent Control framework
• Ensure proper control on various risk aspects ﴾operational, reputational, counterparty…﴿ of client business.
• Work in line with all compliance, legal and bank guidelines, policies and framework.

What is required for you to succeed?

• Strong FICC experience in the Australia and New Zealand markets
• Familiar with all typical asset classes including including credit bonds (US IG, Aussie Yankees), CDS (single name and indices), CLNs, TRS on fixed income underlyings, credit repo and other relevant financing, CLOs.
• Committed, self-driven and ability to work independently
• Good communication skills and team-player
• University qualification majoring in Finance, Accounting, Business Administration, Financial Engineering, Economics, and other relevant disciplines.

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