Regulatory Reporting - Digital Venture Regulatory Reporting - Digital Venture …

Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 05 Apr 20
Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 05 Apr 20
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 .