Manager, Regulatory Reporting

Standard Chartered Bank; Kuala Lumpur; On-site; MYR 70,000 - 110,000; Full time

Job summary

Standard Chartered Global Business Services in Malaysia serves as a centre of excellence, enabling superior customer service through scale and efficiency. Established in 2001, it provides technology, software and system development, information technology support, banking operations and customer care for Standard Chartered Bank globally.

It houses a large software development centre and the Bank’s Command Centre, with 4,300+ staff.

Responsibilities

• Prepare and review regulatory reports (local BNM and MAS) accurately and on time.
• Prepare and conduct performance analytics, identify variances and resolutions.
• Develop and discuss new regulatory reporting templates with line manager; identify data dependencies.
• Coordinate with stakeholders from various functions to obtain information required by Bank Negara.
• Identify and resolve accounting and (regulatory) reporting issues; remediation and restatement work for returns needing resubmission.
• Review and document procedures; keep desk operating instructions up-to-date.
• Assist in developing and maintaining finance/regulatory reporting systems.
• Participate in Group projects with finance systems implications.
• Continuously review the team’s workflow and re-engineer processes to derive optimum output.
• Support ad-hoc activities; involvement with Standard Chartered Saadiq Berhad.

Job description

Business

• Liaise with stakeholders from various functions to ensure the compliance with Bank Negara requirement.

Processes

• Prepare and review regulatory reports (both local BNM and MAS reporting) in accordance to applicable reporting standards, to ensure reports are accurate, compliant and submit on time.
• Prepare and conduct performance analytics, identify variances and find resolutions, to ensure that report submissions are robust and accurate.
• Discuss, provide feedback and develop new regulatory reporting templates (whenever required) with line manager. Identify upstream and downstream dependencies and engage accordingly for necessary data/ information.
• Coordinate with stakeholders from various functions to obtain information required by Bank Negara and others.
• Identify and resolve accounting and (regulatory) reporting issues and complete remediation and restatement work for any returns requiring resubmission.
• Review and document procedures and ensure that desk operating instructions and procedures are up-to-date at all times.
• Assist in the development of new group systems or regulatory reporting systems and maintenance/ continuous development of the existing finance systems.
• Participate in Group projects which have finance systems implications.
• To continuously review the team’s current workflow methodology and re-engineer processes to derive optimum output.
• To support the Bank’s ad-hoc activities.
• Responsibility also extends to activities supporting Standard Chartered Saadiq Berhad.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Country Finance Team, Group Reporting team (SG), GCFO team

Standard Chartered Global Business Services forms a critical component, enabling superior customer service by leveraging on scale and efficiency. The centre has evolved from being a cost-effective venture for Standard Chartered Bank to becoming an integral part of its operations and one of its Centres of Excellence.

Established in 2001, it now provides a multitude of services to Standard Chartered Bank which has a 150-year history in some of the world’s most dynamic markets. The centre provides dedicated world-class technology, software and system development, information technology support services, banking operations and customer care capabilities to businesses globally.

It now houses one of the largest software development centres in Malaysia as well as the Bank’s Collective Intelligence and Command Centre, a state-of-the-art facility which provides situational awareness and response capability to Standard Chartered Bank and its subsidiaries using the latest technologies for monitoring and analytics. It has a total workforce of more than 4,300 employees.

Standard Chartered Global Business Services was conferred the ICT Organisation of The Year Award in 2011 by The National ICT Association of Malaysia, making it the first Global Shared Services Centre of an international bank in Malaysia to win the prestigious award. In 2014, Standard Chartered Global Business Services was awarded the Silver Award for the Employer of Choice category in the Malaysia HR Awards organised by the Malaysian Institute of Human Resource Management.

Standard Chartered Bank’s two other global shared services centres are based in India and China.

Follow Standard Chartered Global Business Services on www.facebook.com/scgbs