Regulatory Reporting (Financial Management Department）

BANK OF CHINA LIMITED; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A major financial institution in Singapore seeks a candidate for regulatory reporting. Responsibilities include preparing MAS reports, monitoring compliance ratios, and liaising with departments for data quality. The ideal candidate has a University Degree in accounting or finance, over two years of experience in banking, and strong analytical skills. Proficiency in MS Office and Chinese is advantageous. This role offers opportunities for career development in a dynamic team environment.

Qualifications

• A recognized University Degree, preferably in Accounting, Finance, Analytics, Statistics, Mathematics, IT or programming related fields.
• More than 2 years relevant experience, preferably with working experience in banking and financial services.
• Strong analytical and problem-solving skills.
• Proficiency in MS Excel, Word, PowerPoint, and Access.
• Proficiency in Chinese would be an added advantage.

Responsibilities

• Prepare MAS regulatory reports and ensure timely submission.
• Monitor the Bank’s ratios to meet MAS requirements.
• Liaise with departments on reporting and data quality issues.
• Assist in planning and implementing accounting processes.
• Carry out various ad hoc projects as required.

Skills

Self-driven

Team player

Good coordination

Good communication skills

Analytical skills

Problem solving skills

Proficiency in MS Excel

Proficiency in MS Word

Proficiency in MS PowerPoint

Proficiency in MS Access

Proficiency in Chinese

Education

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

Job description

Job Description:

1. Timely Submission and Accuracy of MAS Regulatory Reports.
   1. Prepare MAS regulatory reports and ensure reports are submitted within required time frame.
   2. Ensure reports are complied with MAS requirements.
2. 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.
3. 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.
4. Liaise with other departments on reporting/data quality issues and provide suggestions continuous system/process enhancement and additional internal control to improve data quality.
5. Liaise with other departments in providing regulatory compliance related information and guidance to meet the desired purpose.
6. Assist to liaise with external auditors in meeting statutory requirements.
7. Assist to plan, develop and implement accounting process under International Accounting Standard, Head Office Accounting Guidelines, statutory requirement, Internal Accounting Polices and Work Procedures.
8. Carry out various ad hoc projects and request from MAS, Head Office, Management and other departments.

Requirements:

1. A recognized University Degree, preferably in Accounting, Finance, Analytics, Statistics, Mathematics, IT or programming related fields.
2. More than 2 years relevant experience, preferably with working experience in banking and financial services industry, experience in working with accounting and regulatory reporting.
3. Self-driven, a team player, good coordination and IT skills are preferred.
4. Possess good communication and interpersonal skills, strong analytical and problem solving skill, proficiency in the use of MS Excel/Word/PowerPoint /Access.
5. Proficiency in Chinese would be an added advantage as incumbent is required to understand Chinese documents from Head Office.