CONTRACT FINANCIAL & REGULATORY REPORTING AVP

Financial and Regulatory Reporting is responsible for the timely and accurate delivery of complete and comprehensive financial and regulatory reporting and analysis, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.

Work includes:
The Singapore Regulatory Reporting team ensures timely and accurate regulatory reporting for the regulated entities in Singapore, in line with regulatory requirements, to senior management, regulators, auditors and other relevant stakeholders. The team work closely with the wider Finance teams (Country Finance Director and Business Finance) and other stakeholders (Business, Risk, Compliance, Legal etc.) to ensure accurate and timely reporting of reports within his/her remit. As part of the job, the team keeps abreast of developments in local reporting requirements for foreign banks and merchant banks incorporated in Singapore.

The team ensures

  • prudential ratios and regulatory limits are being adhered to and proper escalation procedures are in place in case of breaches. Where relevant, providing internal information / calculations to aid in such monitoring of such limits.
  • regulatory reporting (daily /weekly /quarterly/bi-annually and annually) including surveys and ad hoc requests from the regulators are accurate and submitted on a timely basis

Additional Details:

  • Additional support is also required support the testing required for the system improvements, UAT testing for the CRs when implemented.


Job Requisites:

  • Degree in Accountancy, with approximately 10 years of relevant experience.
  • Direct experience in local reporting role and MAS 610 reporting is necessary. Understanding of MAS reporting requirements is a prerequisite.
  • Experience with Axiom regulatory reporting system Axiom is advantageous
  • Strong numerical and analytical skills, and ability to handle large amounts of data
  • Good knowledge of Microsoft software, especially in Excel
  • Ability to work independently as well as in a team

Salary: $8,000 -  $11,000 Per Month