Head of ALMT-SPMO P&L
September 24, 2024
About the job
- The main purpose of the Profit and Loss Team Manager is to manage teams performing BAU processes related to the validation of the Front Office Profits and Losses (P&L) economic figures and related Explains. While directly managing local PNL Control teams, the person may also be requested to participate in helping and/or coordinating similar teams in other locations, thus ensuring coherence in terms of policies, procedures and processes. P&L teams, as part of the Global Markets Product Control, provides a full and dedicated support to the various Global Market Trading Desks located in Paris, London, New York, Singapore or Hong-Kong
Your Main Activities Are
- Manage Lisbon based teams of P&L Controllers, providing them with clear guidance and objectives in the process of validating the official Economical P&L figures (daily as well as at the end of the month), explaining them and submitting them to Front Office sign-off
- Build a diverse and competent team able to meet the challenges of supporting complex and growing businesses, which encompasses recruitment, retention and development of the staff and the Team Leaders. This also encompasses the undertaking of the appraisal process as well as the process of annual compensation. Set up and monitor a succession plan
- Work closely with the Business and other internal partners (Finance, Risk, Back Office, etc.) to ensure all business and operational issues are dealt with in a timely manner maintaining as low as possible risk level
- Challenge the existing processes and work closely with internal partners and clients to ensure the most effective and streamlined processes are in place
- Make sure all adequate processes, controls and procedures are in place and documented, apply compliance, IG requirements and guidelines, updating them whenever needed
- Participate actively to the evolution of the systems (deal capture systems, risk management systems, Risk systems, Back Office systems, P&L systems) impacting P&L processes. When needed, participate to the implementation of these changes into the P&L Controls processes
- Participate in projects with other stakeholders in other international locations in order to achieve an harmonisation in the P&L framework
- Manage Budget effectively, from preparation to follow-up
- Ensure high levels of ethics and professionalism are maintained both personally and in the team. Build and maintain internal relationships based on trust, respect and professionalism
Profile and Skills to Success
- Academic degree in Economics, Finance or Accounting
- At least 4 years of professional experience in Financial Analysis and Advisory
- Proficiency in MS Office Pack Microsoft Excel and Access
- Kowledge of IT Languages
- Fluency in English
- Knowledge of Transversal Financial Markets
- Client focused
- Problem solving
- Decision Making
- Ability to develop others and improve their skills
- Able to inspire others and generate people’s commitment
#LI-Hybrid
Why joining BNP Paribas?
- Leading banking institution
BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
- Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.
- International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
- Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
- Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
- Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.
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