System Analyst – Regulatory Reporting (MAS 610 & HKMA)

UNISON CONSULTING PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading consulting firm in Singapore is seeking a highly skilled System Analyst with expertise in regulatory reporting, particularly MAS 610/1003 and HKMA banking returns. The successful candidate will liaise with business stakeholders and regulatory reporting teams to deliver robust reporting solutions ensuring compliance with regulatory obligations. Required skills include strong knowledge of banking products, hands-on experience with reporting platforms like AxiomSL, and proficiency in SQL. This role demands a minimum of 5 years in a relevant position.

Qualifications

• 5–10+ years of experience as a System Analyst, Business Analyst, or Functional Consultant in banking.
• Strong understanding of banking products including loans, deposits, and derivatives.
• Understanding of SDLC methodologies (Agile/Waterfall).

Responsibilities

• Gather and analyze business requirements for MAS610 and HKMA reporting.
• Define end-to-end reporting workflows covering data sourcing and validation.
• Provide L2/L3 support for production incidents related to regulatory reporting.

Skills

Strong knowledge of MAS 610/1003 and MAS 649

Hands-on experience with regulatory reporting platforms (AxiomSL, Moody's)

Strong SQL/data analysis skills

Tools

AxiomSL

Moody's

SQL Server

Job description

Overview

We are seeking a highly skilled System Analyst with strong domain expertise in Regulatory Reporting, specifically MAS 610/1003 and HKMA banking returns. The ideal candidate will work closely with business stakeholders, regulatory reporting teams, technology partners, and vendors to deliver robust reporting solutions and ensure compliance with regulatory obligations in Singapore and Hong Kong.

Key Responsibilities

1. Requirements Analysis & Solution Design

• Work with Regulatory Reporting, Risk, and Finance teams to gather and analyze business requirements for MAS610 and HKMA reporting.

• Translate business needs into detailed functional and technical specifications.

• Perform data mapping, gap analysis, and impact assessments related to regulatory changes.

• Define end-to-end reporting workflows covering data sourcing, transformation, validation, and submission.

2. System Development & Enhancement

• Partner with developers, data engineers, and vendors to implement reporting solutions.

• Review technical design documents and ensure alignment with regulatory and business needs.

• Support configuration, customizations, and logic building in reporting engines (e.g., AxiomSL, Moody’s, in-house reporting systems).

3. Data Management & Testing

• Analyze data quality issues and collaborate with upstream system owners to ensure accuracy and completeness.

• Create test plans, test cases, and perform SIT/UAT across reporting modules.

• Validate computed regulatory ratios, templates, and schedules for MAS and HKMA returns.

4. Regulatory Change Management

• Monitor new or revised regulatory requirements issued by MAS and HKMA.

• Assess system impact, perform change planning, and support timely implementation.

• Ensure appropriate version control and documentation for regulatory updates.

5. Production Support & Issue Resolution

• Provide L2/L3 support for production incidents related to regulatory reporting.

• Troubleshoot data issues, report generation failures, and reconciliation breaks.

• Ensure adherence to SLAs and timely submission of regulatory reports.

Required Skills & Qualifications

Technical & Domain Expertise

• Strong knowledge of MAS 610/1003, MAS 649, and key HKMA regulatory returns (MA(BS) series).

• Hands-on experience with regulatory reporting platforms (e.g., AxiomSL, Moody's, WKFS, or in-house engines).

• Solid understanding of banking products (loans, deposits, derivatives, securities, treasury products).

• Strong SQL/data analysis skills (SQL Server, Oracle, Teradata, etc.).

• Familiarity with data warehouse, ETL processes, and financial data models.

Professional Background

• 5–10+ years of experience as a System Analyst, Business Analyst, or Functional Consultant in banking.

• Prior experience in Finance, Risk, or Regulatory Reporting IT projects.

• Understanding of SDLC methodologies (Agile/Waterfall).