• The incumbent will be one of the team members to support the preparation and submission of MAS regulatory reports.
• Adapt and cater for constant developments within the regulatory framework and to advise and guide business units towards the proper and timely compilation of the required data.
• Collaborate with Compliance, IT and various stakeholders on regulatory reporting matters and implement regulatory changes including comments on consultation papers.
• Assist with MAS information requests and queries on MAS returns.
• Liaise with external/internal auditors and tax agent.
• Regular review of all processes to ensure operational risk and high risk audit points are mitigated.
• Ensure all policy documents are regularly updated to reflect current market conditions.
• Develop high performance culture as part of broader aspiration to build the finance regulatory reporting function.
KEY RESPONSIBILITIES:
Strategy and Planning
• Provide support to Team Lead.
• Review and implement financial accounting and control function in accordance with GAAP/Accounting Standard.
• Ensure compliance to policies, procedures and guidelines set by Group and MAS/regulators.
• Participate in regulatory related projects.
Statutory and Compliance Reporting
• Liaise with internal and external auditors in the periodical audit of financial reports.
• Oversee year-end audit and supervise the preparation of statutory accounts.
• Prepare and review reports for submission to MAS and other regulators.
• Assist/advise other SBUs/SFUs in providing the required statutory and compliance reports.
Others
• Attend to any adhoc report requested from the management or regulator etc.
• Involvement in new initiatives/facilitates implementation of new guidelines related to financial accounting and reporting matters.
