Regulatory Reporting

3 days ago


Raffles Place, Singapore Bank of China Full time $80,000 - $120,000 per year

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


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