Business Overview: The Intermediate Holding Company ("IHC") program structured at the U.S. level across poles of activities of BNP Paribas provides guidance, supports the analysis, impact assessment and drives adjustments of the U.S. platform's operating model due to the drastic changes introduced by the Enhanced Prudential Standards ("EPS") for Foreign Banking Organizations ("FBOs") finalized by the Federal Reserve in February 2014, implementing Section 165 of U.S. Dodd-Frank Act.
The Basel III Work stream focus on US Basel III under standardized approach. The goal of this IHC work stream is to define a target operating model and deploy the systems and processes of computation of Risk Based Capital ratio, in adherence to Group level standards and applicable E.U. regulations, to support the compliance of the U.S. platform (future IHC, applicable legal entities within its scope and U.S. branches and agencies of BNP Paribas) with new U.S. Basel III requirements driven by the implementation of the EPS.
Responsibilities: This position has the following responsibilities:
Maintain a thorough understanding of Basel III capital requirements and regulatory reporting requirements
Perform duties involved with the preparation of Risk Weighted Assets and Risk Based Capital calculation and reporting for the IHC
Contribute to development of solid controls and reconciliation process around calculation and reporting of Risk Weighted Assets.
Participate in reconciliations and ensure the consistency of the exposure between the Accounting and the Risk systems for calculation of Risk Weighted Assets
Perform analyses and contribute to resolution of reconciliation breaks
Contribute to the data collection and data source analysis and remediation for Risk Weighted Assets calculation
Ensure the proper audit trail and the documentation on the Basel III Risk Weighted Assets and Risk Based Capital for the IHC.
Coordinate with Bank of the West (Retail Banking subsidiaries of the IHC) for production and analyses of the aggregated IHC RWA and IHC RBC ratios, ensure consistent treatments applied across all the IHC entities.
Contribute to maintenance of the tools and processes for IHC Risk Weighted Assets and Risk Based Capital calculation and reporting
Participate in future system and process development and enhancements
Accounting and reporting experiences
3 years + experience in similar type of production position in banks and/or broker-dealers.
Good knowledge on capital adequacy requirements (Basel, US Basel III)
Experience on RWA reporting in an investment banking organization or a broker-dealer.
Proficient in MS Excel (v-lookups pivots, etc.)
Knowledge of Moody's Analytical will be a plus
Enthusiastic and a team player
Strong organizational skills, rigorous and self-disciplined
Ability to plan and prioritize, escalate when necessary
Strong analytical skill and control mindset
Ability to work with various stakeholders to achieve the goals, good communication skill