Regulatory Reporting （Financial Management Department ）

Bank Of China Limited; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading bank is seeking a Regulatory Reporting Specialist to ensure compliance with MAS regulations and prepare timely reports. The ideal candidate will have a relevant degree and over 3 years of experience in the banking sector, demonstrating strong analytical and communication skills. This role involves collaboration with various departments to enhance data quality and compliance processes.

Qualifications

• More than 3 years relevant experience in banking and financial services.
• Self-driven team player with good coordination skills.
• Proficiency in Chinese is an advantage.

Responsibilities

• Prepare and submit MAS regulatory reports accurately and timely.
• Monitor bank ratios to meet MAS requirements.
• Liaise with departments on data quality and compliance issues.

Skills

Analytical skills

Problem solving

Communication

Interpersonal skills

Coordination

IT skills

Education

University Degree in Accounting, Finance, Analytics, Statistics, Mathematics, IT or programming

Tools

MS Excel

MS Word

MS PowerPoint

MS Access

Job description

Responsibilities:

• Timely Submission and Accuracy of MAS Regulatory Reports

• Prepare MAS regulatory reports and ensure reports are submitted within required time frame.

• Ensure reports are complied with MAS requirements.

• Monitor the Bank’s ratio including but not limited to LCR, MCB, AMR, DI etc. and ensure they are at least kept to meet MAS requirement.

• Review and understand MAS’s regulation on definitions and context of the reports to ensure definitions and context are met within reports. Interpret/analyze impact on new/revised MAS notices or regulation.

• Liaise with other departments on reporting/data quality issues and provide suggestions continuous system/process enhancement and additional internal control to improve data quality.

• Liaise with other departments in providing regulatory compliance related information and guidance to meet the desired purpose.

• Assist to liaise with external auditors in meeting statutory requirements.

• Assist to plan, develop and implement accounting process under International Accounting Standard, Head Office Accounting Guidelines, statutory requirement, Internal Accounting Polices and Work Procedures.

• Carry out various ad hoc projects and request from MAS, Head Office, Management and other departments.

Requirements:

• A recognized University Degree, preferably in, Accounting, Finance, Analytics, Statistics, Mathematics, IT or programing related fields.

• More than 3 years relevant experience, preferably with working experience in banking and financial services industry, experience in working with accounting and regulatory reporting.

• Self-driven, a team player, good coordination and IT skills are preferred.

• Possess good communication and interpersonal skills, strong analytical and problem solving skill, proficiency in the use of MS Excel/Word/PowerPoint /Access.

• Proficiency in Chinese would be an added advantage as incumbent is required to understand Chinese documents from Head Office