Regulatory Reporting - Digital Venture
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base
As a part of regulatory reporting team, be a key liaison for regulatory reporting related to MAS and PRA. You are expected to work closely with the CFO & Financial controller to define the metrics, policies, procedures & controls for Phoenix's regulatory reporting. You will partner with technology to setup system to meet core regulatory requirements and ensure appropriate financial controls are always established and maintained. Roles & Responsibilities:
• Financial Management
o Being a licensed bank, you will ensure Phoenix fulfils all the statutory requirements, which includes (but not limited to) capital and liquidity, balance sheet, cash flows, P&L, tax, and treasury.
o Work with the various teams to develop and maintain effective financial information systems to satisfy the reporting needs of local regulators
o Apply accounting and financial control policies, standards, procedures and internal control practices in PHOENIX
• Local Regulatory and Statutory Reporting
o Deliver accurate and timely financial and statistical information to local regulator
o To liaise with local regulator(s) on issues arising from financial, statistical and other reports, including periodical audits by local regulators
o To monitor compliance with local capital adequacy and other local statutory requirements and draw management attention to any action needed to these requirements
o To ensure that statutory accounts are in accordance with local requirements and delivered in a timely manner
o Liaise with SCB Singapore Finance teams for consolidation & group reporting Risk Management
o Manage operational risk of the Finance function through all applicable policies
o Prudential standards are defined as local regulatory requirements pertaining to Capital and Liquidity
o Ensure that required control standards are being met, by continuous monitoring of risk and control Indicators.
o Highlight and escalate (as required) where control standards are not being met, including highlighting control design deficiencies or gaps Required Skills:
• Minimum of 5 years' experience in Regulatory Reporting for a financial institution
• Strong sense, knowledge and exposures to local financial regulatory environment in greater china region
• Demonstrated understanding of how Fintech operates differently from conventional financial organization
• Strong Change management skills
• Strong business partner who can influence and effectively challenge stakeholders
• Energy and desire to succeed; follows through on commitments; pushes self and others to deliver exceptional results
• Strong collaboration, consensus building, problem resolution and communication skills are a prerequisite
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages .