How will I help?
You will support the Regulatory Reporting team with focus on accurate, complete and timely computation of MAS regulatory ratios and submission of regulatory returns. You will be required to support the team in ensuring that the Bank is compliant with MAS regulatory reporting requirements and compliment the internal control culture associated with regulatory reporting, while enabling change to technology platforms and business processes.
The role also encompasses:
- Compliance with all applicable laws and regulations in the computation of regulatory ratios and submission of MAS regulatory returns. You must have, and maintain good understanding of the reporting requirements and be able to articulate complex details to non-technical senior stakeholders, team members (on and off-shore), as well as third party vendors where required. Collaboration with all stakeholders is essential for success in this role.
- Effective oversight on MAS regulatory reporting processes: ensure robust controls are in place and aligned with governance and controls framework.
- Accurate, complete and timely submission of MAS regulatory returns, including GL reconciliation, consistency across returns, and variance analysis.
- Management of BAU and finance projects (including system enhancements and new MAS reporting requirements) with the objective of ensuring continuity of compliance to regulatory reporting requirements and enhancement of data quality and process efficiency
What do I need?
This role is suitable for qualified accountants; or someone with proven record in MAS regulatory reporting and strong academic record/an academic degree from a well-recognized institution. You will likely have:
- Strong analytical and data management skills;
- Finance related work experience in banking sector;
- Experience in MAS regulatory reporting activities in financial industry;
- Strong working knowledge of the suite of MAS regulatory reporting returns, requirements, co-dependencies and inter-relatedness;
- Ability to lead and drive change initiatives with a structured and focused approach; and
- Effective team and stakeholder management skills and experience in an international environment
What’s it like to work here?
When you join, you’ll become part of the broader Westpac Group family – where we aim to be a friendly, switched-on team working for a single purpose - Creating Better Futures Together – it’s what we do, who we are and why we come to work every day. As an equal opportunity employer, we’re proud to have created a culture where people can be their best, in an environment that values diversity and flexibility. Within the Westpac Group, you will be part of the Institutional Banking division, where our vision is to be a high performing and innovative institutional bank, committed to enabling the growth of our global clients, our economy, and delivering sustainable shareholder returns.
