Senior Officer, Regulatory Reporting

In order to be the rock-solid bank we aim for, the CFO domain has a 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 our 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 preparation of Branch’s corporate tax computation and prepare quarterly GST returns
• Facilitate change programme as Subject Matter Expert (SME) for Finance.
• Other operational activities with 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, preferable with CA qualification
• Relevant experience in Finance department in a bank with at least 4-5 years of experience.
• Possess strong analytical skills, organized and detailed oriented.
• Keen to contribute to the department's workflow efficiency through their suggestions / recommendations.
• Ability to multi-task and manage priorities independently.
• Strong team-player and commendable interpersonal skills.
• Familiarity with relevant legislations/regulations and statutory accounting principles
• The individual should have breadth of functional experience or knowledge allowing them to take a wider perspective when applying the skill (eg possibly cross-function, external) and to anticipate/think ahead in non-standard circumstances.
• Understands how relevant IT systems work and the way to use them effectively in day to day work.
• Proficient in MS Excel and Power App.

Qualifications:

Diploma or Bachelor Degree in Accountancy or Commerce, preferable with CA qualification

Essential:

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