Financial & Regulatory Reporting – Regulatory Program Manager

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

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 Finance group at BNP Paribas North America (BNPP NA) is responsible for overseeing the LRR – accounting, financial and regulatory reporting for the firm.  Currently BNP Paribas Finance North America is engaged in the implementation of the Fed’s Enhanced Prudential Standards for Foreign Banking Organizations. The group is specifically involved in the establishment of an intermediate holding company to oversee the US operations of the investment bank, retail bank, and asset management businesses.

In detail

The Regulatory Program Manager will support the Financial and Regulatory Reporting teams (FinReg) and has broad-based responsibilities.  These include:

• Assist in the enforcement of governance and oversight across the LRR – Financial and Regulatory Reporting teams.  Establish and facilitate Committees and Forums as required.
• Serve as central point of contact to coordinate internal audit reviews and regulatory exams for LRR teams and support them to understand expectations from regulators and internal audit. Follow through with post review/exam feedback, track and drive closure to outstanding observations / recommendations.
• Ensure regulatory and IGNA audits are completed effectively and efficiently across the IHC/CUSO perimeter.
• Lead and drive BAU projects to deliver end-to-end solution (e.g. policy implementation, operational efficiency, process enhancements / standardization, remediation, etc.).
• Oversee and drive on-going enhancements and system implementation. Participate in various Committees and Forums to monitor progress, ensure clear understanding of business objectives and requirements, and escalate risks and issues to senior management as required.
• Provide general support to drive resolution to complex issues or ad hoc projects/topics:
• Define and enforce governance.
• Develop and maintain program/project plans, ensure on-time quality delivery of projects and activities assigned. 
• Facilitate coordination with cross-functional teams.
• Monitor and report status to all stakeholders on a regular basis, consolidate and publish status reports.
• Risks, issues and change management, escalate effectively.
• Drive closure to decisions and outstanding issues.
• Schedule meetings, record and publish minutes.
• Participate in project planning and cost estimates, prepare and present budgets and forecast as required.

The strengths and skills that will help you succeed

• University Degree in Finance or related subject preferred.
• 5 to 7 years of work experience in the field of accounting and / or in the financial services industry
• Experience with Foreign Banking Organization.
• Regulatory and Financial Reporting experience required.
• Experience with Banking and/or Capital Markets products.
• Ability to understand complex financial products and system architectures, including accounting business processes including financial and management reporting (IFRS and US GAAP), month-end closing process, regulatory reporting, entity consolidations and multi-currency accounting.
• Ability to analyze complex problems and recommend practical and effective solutions.
• Excellent written and oral communication skills, with the ability to explain complex issues clearly and concisely to audiences of varying technical or accounting levels.
• Ability to work effectively in geographically dispersed cross-functional teams.
• Program and project management skills.
• Strong Microsoft software Office skills (Excel, Word, Access, PowerPoint, Visio, Project).
• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Bilingualism in French and English is required.

What’s in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits, click here

What you need to know

• We will review candidates as they apply, so don’t wait to submit your application;
• BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

• Montreal’s Top Employers 2024
• Canada’s Best Diversity Employers 2024
• Women in Governance  – Parity certified –  Platinum certification
• Pride at Work Canada
• Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
• Part of Les Affaires top 300 companies in Quebec
• Synclusiv
• Ready, Willing and Able
• Autisme sans Limites
• LinkedIn Top Companies 2024

Do you want to discover other BNP Paribas offers in Canada?

Click here: BNP Paribas in Canada Our job offers

** Only selected applications that meet the requirements of the role will be contacted **