Regulatory Reporting, Legal Entity Controlling

DBS Bank; Hong Kong; On-site; HKD 500,000 - 900,000; Full time

Job summary

DBS Bank in Hong Kong is seeking a qualified finance professional to lead regulatory reporting for HKMA, SFC and related disclosures. You will prepare financial disclosures and ensure accurate submissions to head office, while evaluating accounting treatments for new products.

With at least 3 years in financial institutions and strong knowledge of banking products, you will collaborate with multiple teams to drive process improvements and Gen-AI initiatives, ensuring accuracy and efficiency in

Qualifications

• Minimum 3 years of experience in financial institutions with hands on regulatory reporting.
• Good knowledge of banking products and related accounting and regulatory reporting treatment.
• Experience in driving process efficiency and Gen-AI initiatives is an advantage.

Responsibilities

• Responsible for DBS HK entities regulatory reporting process (HKMA, SFC and SG MAS).
• Assist in the preparation of financial disclosures in compliance with local standards.
• Ensure timely and accurate submission of regulatory returns and head office reporting.
• Assess accounting and regulatory reporting treatments for current/new products and businesses.
• Collaborate with departments to implement changes in regulatory and disclosure requirements.
• Participate in cross-bank system implementation testing and project initiatives.
• Support process streamlining and Gen-AI initiatives to improve efficiency and control.
• Manage internal and external audits and financial disclosures review.

Skills

Regulatory reporting

Financial reporting

Banking product knowledge

HK regulatory knowledge

Education

Accounting/Finance degree

Job description

Business Function

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Business Function

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Responsibilities

• Responsible for DBS HK entities regulatory reporting process (covering HKMA, SFC and SG MAS regulatory reporting)
• Assist in the preparation of financial disclosures in compliance with local accounting standards and HKMA disclosure requirements
• Ensure timely and accurate submission of regulatory returns and head office reporting
• Perform assessment on the accounting and regulatory reporting treatment for current / new products and business
• Perform impact assessment and work with relevant departments to implement changes in regulatory and disclosure requirements
• Participate in cross-bank system implementation testing and other project initiatives
• Support process streamlining and Gen-AI initiatives with an objective to improve efficiency and enhance control
• Manage internal and external audits, and financial disclosures review

Requirements

• Degree holder in Accounting, Finance or related disciplines and a qualified accountant
• Minimum 3 years’ relevant experience in financial institutions, with hands on experience in financial and regulatory reporting
• Strong knowledge on banking products and related accounting and regulatory reporting treatment
• Knowledge on treasury and investment products is preferred
• Good knowledge on financial control framework for banks
• Good writing skills, communication and interpersonal skills
• Experience in driving process streamlining and Gen-AI initiatives is an advantage
• Attentive to details and accuracy and drive for process efficiency
• Self-motivated and able to work independently

Location:

One Island East

Job:

Finance.

Schedule:

Regular

Employee Status:

Full time