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Vice President - Senior Business Analyst - BNP Paribas | Chesterbrook, PA, USA

Business Overview:BNP Paribas Securities Services is a wholly owned subsidiary of the BNP Paribas Group, delivering flexibility and commitment, backed by the strength of a leading universal bank. Operating across the investment cycle, we provide post-trade administration solutions to buy-side and sell-side financial institutions and issuers. For custody activities, this notably includes full execution, clearing and settlement capabilities, as well as all the associated asset services. Clients can access more than 90 markets through our custody network, 27 of which are proprietary, offering a direct connection to the most active markets.Candidate Success Factors:Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:• Results and Impact• Able to influence peers and team.• Demonstrates good judgement when making decisions of high complexity and impact.• Exercise appropriate autonomy in the execution and delivery of work.• Responsible for driving outcomes, which have meaningful effect on team or department.• Leadership and Collaboration:• Creates trust with colleagues.• Acts in leadership capacity for projects, processes, or programs.• Client, Customer and Stakeholder Focus:• Able to build relationships with a mix of colleagues and clients.• Interacts regularly with management and department leaders.• Demonstrates the ability to influence stakeholders at the team level.• 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:• Elicit new requirements for system enhancements and write the Business requirements document• Manage IT projects and identify and resolve system development lifecycle risks• Work with the vendor on the solution of the requirements and make sure it is in line with the requirements• Participate in the testing effort and ensure a smooth delivery in production• Organize and participate in B@NCS training of the end users• Participate in launching and following up on market projects and initiatives as assigned• Identify product gaps or weaknesses and suggest areas of improvement• Communicate and apply project standards• Provide IT L3 support for production incidents and support tickets and assist in complex functional investigations• Work with Business stakeholders for new requirements and regular communications with them about release planning Minimum Required Qualifications:• Bachelor's degree in IT, Finance, Accounting or other field of study (or equivalent work experience)• Minimum 6 years' IT financial industry experience as a Business Analyst (or similar role) with at least 2 years in Custody business focusing on either Corporate Actions or Settlements processing• Strong interpersonal skills and a proven ability to establish and sustain effective, professional relationships - the role will require frequent interaction across senior stakeholders & teams• Experience writing Requirements and Solution documents as a Business Analyst following Software development lifecycle methodologies. Preferred Qualifications:• Knowledge of B@NCS application for Custody will be a major plus• Strong Corporate Actions and/or Settlements knowledge in US Market.• Knowledge of SWIFT ISO15022 standards or ISO20022 standards.• Testing or Production Support experience with any Custody application• SQL• Project management experience in IT domain FINRA Registrations Required:• Not Applicable CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):• Not Applicable SEC Security-Based Swap Dealer Associated Person:• Not Applicable The expected starting salary range for this position is between $130k to $150k annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.This application will remain open until a candidate has been selected for the role. There is no specific application timeline.About BNP Paribas:BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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What You Should Know About Vice President - Senior Business Analyst - BNP Paribas | Chesterbrook, PA, USA, BNP Paribas

Are you ready to step into a pivotal role as the Vice President - Senior Business Analyst at BNP Paribas in Chesterbrook, PA? This is not just an ordinary position—it's an opportunity to shape the future of financial services. At BNP Paribas Securities Services, you'll be part of a powerhouse team that provides post-trade administration solutions to financial institutions all over the globe. Your mission? Elicit new system requirements, drive IT projects to success, and ensure that our solutions meet the highest standards. You'll work closely with various stakeholders to communicate project standards, while also supporting the testing efforts to guarantee smooth production delivery. Throughout your journey, you'll gain exposure to the intricate workings of custody activities, enhancing your professional relationships as you engage with management and department leaders. Your role will also call for a strategic mindset as you identify product gaps and suggest improvements. If you have a knack for building effective teams, strong judgment when facing complexity, and a passion for delivering results, this could be the perfect place for you to thrive. With a competitive salary range of $130k to $150k, alongside a comprehensive benefits package, BNP Paribas offers a supportive environment aimed at both professional growth and personal well-being. Come join us and be part of a responsible and sustainable global organization where your skills and insights will make a massive impact!

Frequently Asked Questions (FAQs) for Vice President - Senior Business Analyst - BNP Paribas | Chesterbrook, PA, USA Role at BNP Paribas
What are the primary responsibilities of a Vice President - Senior Business Analyst at BNP Paribas?

As a Vice President - Senior Business Analyst at BNP Paribas, your main responsibilities include eliciting new requirements for system enhancements, managing IT projects, collaborating with vendors to ensure solutions meet requirements, and participating in the testing process for successful production delivery. You'll also be key in identifying product gaps, supporting end-user training, and communicating with stakeholders about project standards.

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What qualifications do I need to become a Vice President - Senior Business Analyst at BNP Paribas?

To qualify for the Vice President - Senior Business Analyst position at BNP Paribas, you should have a Bachelor’s degree in IT, Finance, or a related field, along with a minimum of 6 years of experience in the IT financial industry. At least 2 years of this experience should be focused on custody business. Strong interpersonal skills and experience writing Business Requirements and Solution documents are also crucial.

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What is the expected salary range for the Vice President - Senior Business Analyst role at BNP Paribas?

The expected salary range for the Vice President - Senior Business Analyst at BNP Paribas is between $130k to $150k annually. However, the actual salary may vary based on factors such as relevant skills, experience, and geographic location.

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How does BNP Paribas support employee growth for Vice Presidents - Senior Business Analysts?

BNP Paribas is committed to fostering professional growth for its employees, including Vice Presidents - Senior Business Analysts. The company provides robust training, development, and mentoring opportunities to empower employees and help them reach their highest potential. Continuous feedback and an accessible leadership team also enhance the growth environment.

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What benefits can I expect as a Vice President - Senior Business Analyst at BNP Paribas?

At BNP Paribas, employees can expect a comprehensive benefits package, including medical, dental, and vision coverage, a 401(k) savings plan, backup childcare, and mental health support. The company prioritizes the well-being and growth of its employees, also offering paid time off and opportunities for discretionary bonuses.

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Common Interview Questions for Vice President - Senior Business Analyst - BNP Paribas | Chesterbrook, PA, USA
Can you explain your experience with the IT project management lifecycle?

When answering this question, emphasize your familiarity with the phases of the IT project management lifecycle, including initiation, planning, execution, monitoring, and closure. Provide specific examples of projects you managed, focusing on challenges you faced and how you successfully navigated them.

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What methodologies do you use for writing Business Requirements Documents?

It's essential to describe your approach, whether it's Agile, Waterfall, or another methodology. Share specific strategies you employ, like stakeholder interviews and workshops, that lead to comprehensive and clear documentation vital for project success.

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How do you ensure compliance in your projects?

Discuss your approach to maintaining compliance by integrating regulatory standards into your project management processes. Provide examples where you actively monitored compliance and how you engaged stakeholders to promote adherence to these standards.

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Describe a challenging situation you've faced while working with stakeholders.

When recounting a challenge, outline the situation clearly, your approach to addressing it, and the outcome. Highlight your interpersonal skills and the techniques you used to foster collaboration and resolve conflicts.

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How do you handle project risks?

Discuss your process for identifying potential risks at the onset and throughout the project. Include examples of how you assessed risks, communicated them to stakeholders, and implemented mitigation strategies.

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What is your method for ensuring effective communication with cross-functional teams?

Explain your communication strategy, including regular updates, utilizing project management tools for transparency, and fostering an open environment where team members feel comfortable sharing their thoughts. Provide examples demonstrating your successful collaboration across various teams.

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Can you share your experience with user acceptance testing (UAT)?

Outline your experience leading UAT phases, detailing how you collaborated with end-users to gather feedback and ensure that the final product met requirements. Providing specific instances of UAT successes will strengthen your example.

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How do you prioritize tasks when managing multiple projects?

Indicate how you assess project urgency and impact when prioritizing tasks. Discuss tools and frameworks, like the Eisenhower Matrix, you use to manage your workload effectively while ensuring every project's success.

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What experience do you have with the B@NCS application for Custody?

If you have specific experience with the B@NCS application, share it. Highlight how this experience has equipped you with insights into Custody operations, and if not, share your understanding of similar applications and your willingness to learn quickly.

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Why do you want to work for BNP Paribas as a Vice President - Senior Business Analyst?

This question gives you a chance to showcase your knowledge of BNP Paribas and its culture. Discuss the company's commitment to sustainability, diversity, and innovation, and how those values resonate with your goals and professional aspirations.

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With about 18,000 new contracts worldwide in 2014, BNP Paribas maintains its position of a large-scale employer on the market. Whether across Europe or around the globe, BNP Paribas provides clients with the banking solutions they need to achie...

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Full-time, on-site
DATE POSTED
December 4, 2024

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