Senior Finance Executive/ Finance Manager (Start up) Senior Finance Executive/ Finance Manager (Start  …

Spring Professional Singapore
in Singapore
Permanent, Full time
Last application, 17 Jan 22
96000
Spring Professional Singapore
in Singapore
Permanent, Full time
Last application, 17 Jan 22
96000
Posted by:
Kelly Lim • Recruiter
Posted by:
Kelly Lim
Recruiter
Reporting to CEO, he/she ensures timely and accurate regulatory reporting to senior management, regulators, auditors and other relevant stakeholders and ensure accurate and timely reporting of remit.

He/she ensures timely and accurate regulatory reporting for the regulated entities in Singapore, in line with regulatory requirements, to senior management, regulators, auditors and other relevant stakeholders. He/she works closely with the wider Finance teams (HK Finance Director and CFO) and other stakeholders (Business, Risk, Compliance, Legal etc) to ensure accurate and timely reporting of reports within his/her remit. Specifically, he/she ensures:

  • All limits are being adhered to and proper escalation procedures are adopted in case of breach. Where relevant, providing internal information / calculations to aid in such monitoring of risks.
  • Regulatory reporting (daily /weekly /quarterly/bi-annually and annually) are accurate and submitted on a timely basis.
  • Compliance of all regulatory requirements (eg MAS. SGX etc) including submission of regular & ad-hoc reports and queries and liaising with regulators and Compliance on all issues that may arise on such.
  • Adherence to systems and procedures to facilitate accurate reporting and complying with all regulatory requirements.
  • Ensuring internal controls are in place, in conformity with Corporate and Regulatory standards to facilitate accurate reporting.
  • Supporting the roll out of New Products/variation to existing products by advising on regulatory related issues.

Your key responsibilities:

  • compliance of all regulatory requirements and liaising with regulators and Compliance on all issues that may arise.
  • prudential ratios and regulatory limits are being adhered to and proper escalation procedures are in place in case of breaches. Where relevant, providing internal information / calculations to aid in such monitoring of such limits.
  • regulatory reporting (daily /weekly /quarterly/bi-annually and annually) including surveys and ad hoc requests from the regulators are accurate and submitted on a timely basis.
  • controls are in place and in conformity with corporate and local regulatory reporting requirements to support timely and accurate reporting
  • monitor regulatory changes and engage in consultation discussions for regulations within his/her remit and assess the impact of those changes to the bank and advise the impacted internal stakeholders.
  • engage regulators to seek guidance, clarifications and to lobby for DB’s cause as needed. Where relevant, he/she should also engage in industry wide discussions with peers and audit firms to determine market practice.
  • advice the business on regulatory reporting requirements and regulatory implications, if any, of new business and new products.
  • assess the regulatory process and controls in place to ensure it continues to be fit for purpose.

Your skills and experience:

  • Prior work experience of at least 10 years in the Banking and Financial Services Industry with direct experience in the Singapore regulatory reporting function
  • Strong knowledge of capital markets and financial products, and Singapore regulatory reporting requirements for banks and merchant banks.
  • Team management experience
  • Prior work experience in audit firm a plus
  • Bachelor degree in Accounting and/or Finance
  • Strong knowledge of MAS reporting requirements for CMS license holders
  • Strong leadership and communication skill

Please send your CVs with Microsoft word format to Kelly Lim, email: Kelly.Lim@springasia.com. EA License no: 09C5803: Registration No. R2089955

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