Senior Officer, Regulatory Reporting

Rabobank Gruppe; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

Rabobank Gruppe is seeking an experienced Finance professional to join their dynamic CFO domain in Singapore. The role involves optimizing balance sheet management, ensuring compliance with MAS regulations, and collaborating with external auditors. Candidates should have at least 4-5 years of relevant experience in the finance department and possess strong analytical and interpersonal skills.

Qualifications

• Bachelor's in Accountancy or Commerce with CA is preferred.
• 4-5 years of relevant banking Finance experience.
• Familiarity with statutory accounting principles.

Responsibilities

• Manage balance sheet transactions and capital liquidity.
• Ensure compliance with MAS regulations and reporting.
• Coordinate auditing processes and assist in tax computation.

Skills

Analytical skills

Detail-oriented

Interpersonal skills

Organized

Ability to multi-task

Education

Bachelor Degree in Accountancy or Commerce

Tools

MS Excel

Power Apps

Job description

In order to be the rock-solid bank we aim for, the CFO domain has the following set of general responsibilities:

• Balance Sheet Management: one of the CFO domain’s key responsibilities is to optimise the balance sheet by steering its composition and managing capital, liquidity, and interest rate risk. We do this directly, in the form of initiating financial transactions. These include funding, capital, hedging, and portfolio-management transactions. In addition, we steer the balance sheet by providing guidance on asset generation.
• External Accountability & Stakeholder Management: we provide accountability to, and maintain relationships with, important external stakeholders: regulators, tax authorities, investors, rating agencies, and the general public. We do this in the form of regulatory reporting, filing tax returns, disclosing our interim/annual accounts, and Investor Relations presentations and arranging roadshows.
• Internal Performance Management: we provide information and advice for internal performance management. We challenge the business and ensure that decision-making is based on high-quality data, sound analyses, and deep business understanding.
• MAS compliance and reporting, embedding new reporting requirements: Responsible for the review of all MAS returns, analyse reports, and investigate variances.
• Ensure compliance with existing MAS regulations and keep abreast of regulatory developments while evaluating the adequacy of existing data attributes to fulfil new reporting requirements.
• Coordinate with FC IT and external vendors to ensure that our automated regulatory reporting platform is kept updated with changes in the regulatory framework.
• Liaise with external auditors for the annual audit and assist in the preparation of the statutory accounts while ensuring compliance with Singapore Financial Reporting Standards.
• Assist in the preparation of the Branch’s corporate tax computation and quarterly GST returns.
• Facilitate change programmes as Subject Matter Expert (SME) for Finance.
• Perform other operational activities within Finance (e.g., Head Office reporting, etc.)
• Assist in other ad-hoc functions within the department.

Job Skills and Knowledge:

• Bachelor Degree in Accountancy or Commerce, preferably with CA qualification.
• Relevant experience in a bank’s Finance department with at least 4-5 years of experience.
• Strong analytical skills, organized, and detail-oriented.
• Keen to contribute suggestions/recommendations to improve workflow efficiency.
• Ability to multi-task and manage priorities independently.
• Strong team-player with commendable interpersonal skills.
• Familiarity with relevant legislations/regulations and statutory accounting principles.
• Broader functional experience or knowledge allowing for a wider perspective and anticipation of non-standard circumstances.
• Understanding of how relevant IT systems work and effective usage in daily tasks.
• Proficient in MS Excel and Power Apps.

Qualifications:

Bachelor Degree in Accountancy or Commerce, preferably with CA qualification.

Relevant experience in a bank’s Finance department with at least 4-5 years of experience.

The Application Process

This is our standard application process. It may vary by role.

Step 1: You Apply

Thanks for applying! You will receive a confirmation email. We review all resumes and cover letters and will inform you as soon as possible if we invite you for an interview.

Step 2: Interview

We invite you for one or more (online) interviews to assess fit for the role and team. You may also be asked to complete an assignment or assessment.

Step 3: Our Offer

If selected, you will receive an offer. We conduct a legal screening before your start date to ensure compliance and safety.

Step 4: Welcome!

We look forward to welcoming you to Rabobank!

I consent to Rabobank retaining my details for future applications, in accordance with the Privacy Statement.