Assistant Vice President - Financial Reporting Controller Assistant Vice President - Financial Reporting  …

BNP Paribas
in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
BNP Paribas
in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
Assistant Vice President - Financial Reporting Controller
Business Overview:

As 2nd Line of Defense function and delegated by the Intermediate Holding Company ("IHC") Audit Committee, BNP Paribas Wholesale Holdings, Corp. Board of Directors, and management, the Finance Control Group ("FCG") is responsible for assessing an Internal Control for Financial Reporting ("ICFR") and Internal Control over Compliance ("ICOC") process (collectively US Regulatory Controls). Main aspects of the program are to:
  • Perform risk identification and assessment over financial statements (ICFR) and regulatory reports (ICOC)
  • Conduct walkthrough, tests of design and tests of operating effectiveness over in-scope process and controls
  • Conduct spot controls on a periodic basis
  • Assess and communicate to relevant parties control exceptions and deficiencies identified during the testing
  • Collect the relevant data and prepare presentation material to various committees, including management and Board committees
  • Coordinate the ICFR/ICOC program between BancWest retail activities and Corporate & Institutional Banking activities

The IHC and CIB FCGs dedicated to US regulatory control requirements are responsible for assessing the design and operating effectiveness of ICFR and designated Compliance (e.g., North America Region Roosevelt Surveillance Program, Net-Debit Cap) framework at the IHC and CIB level on an annual program life-cycle.

Operationally, and as a team member, for all aspects of ICFR Program, key duties / elements of the work include:
  • Identifying key processes, risks, and controls surrounding ICFR;
  • Performing walkthrough, reviewing risk and control matrices, and assessing control gaps, if any;
  • Coordinating with other team members (including those from offshore testing center) and contributing to tests of controls, and assess and communicate control deficiencies; and
  • Collecting data and preparing presentation material for various committees, including management and Board committees


Minimum Required Qualifications
  • Accounting degree (with concentrations in financial/regulatory audit)
  • 2 - 5 years of experience in external audit of corporate banking and capital markets in a major audit firm (or equivalent in consulting) under FDICIA and/or SOX control environment, or in an internal control team of an international financial institution.
  • Very good understanding or knowledge of COSO framework and internal control requirements under SOX (or equivalent regulatory framework)
  • Excellent verbal and written communication skills (English language)
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
  • Ability to adhere to strict project and production deadlines, showing strong planning and organization skills
  • Rigorous, self-disciplined, paying attention to detail
  • Committed to maintain strong control environment
  • Capacity to interact with people in different areas, building strong and reliable business relationship
  • Solid understanding of financial instruments and developed skills in analysis of business supporting processes from financial reporting control perspective
  • Self-starter and willingness to learn new topics and regulations
Preferred Qualifications:
  • Master's degree in Accounting, Business Administration or related discipline
  • CPA/CFA preferred
  • Experience working in Microsoft Access
FINRA Registrations Required:
  • Not Applicable