Job Title Head, Decision Support & Regulatory Reporting
Risk Control : Enhance \xe2\x80\x9cfirst line of defence\xe2\x80\x9d concept within Finance by partnering Operational Risk Management in implementing the desired risk framework of the \xe2\x80\x9c3 lines of defences\xe2\x80\x9d.
Cost Management : Ensure the effective processing, booking and review of costs front to back by integrating the Accounts payable processes with the cost reporting function while identifying opportunities for cost synergies.
Decision Support : As a trusted business partner, provides key decision support in aiding the business in performance management and in assessing the accounting implications of new product approvals.
Team Management : Effective performance management to build a strong team with adequate bench strength, collaborates with Regional Finance.
Change Management : Participation in the roll out of Finance or bank wide change programmes
Regulatory Reporting & Tax : Sound knowledge of MAS regulations and taxation.
Risk Control :
- Monitor and enhance existing Key Risk Indicators within Finance. - Manage balance sheet substantiation exercises (ie General Ledger account ownership exercise) and reporting of Key Risk Indicators to Regional Finance. - Assume the role of \xe2\x80\x9crisk champion\xe2\x80\x9d within Finance to engage Operational Risk Control. - Elevate \xe2\x80\x9ccontrol consciousness\xe2\x80\x9d within the finance function and embed latest market practices and trends.
Cost reporting & Decision Support:
- Timeliness and accuracy of monthly cost templates, dashboards, product & client profitability analyses to local business stakeholders and Regional Finance.
Team Management :
-Train, manage, motivate and develop an appropriately skilled Finance function. - Effective collaboration with Regional Finance in ensuring that BAU deliverables are fulfilled. Change Management :
Participate in the roll out of Global change programmes, Data Quality and Economic Capital initiatives and drive change initiatives that have a strong control dimension.
Regulatory Reporting & Tax :
Responsible for the review of all the MAS returns, analyse reports and investigate variances.
Ensure compliance with existing MAS regulations and keep abreast of regulatory developments while evaluating the adequacy of existing data attributes to fulfil new reporting requirements.
Coordinate with FC IT and our external vendors to ensure that our automated regulatory reporting platform is kept updated with changes in the regulatory framework.
Liaise with EY for the annual audit and assists in the preparation of the statutory accounts while ensuring compliance with Singapore Financial Reporting Standards.
Assume responsibility for the implementation of Transfer pricing policies in accordance with local and regional policies which encompass the upkeep of the TP file, update of the SLAs and close liaising with the Regional Finance and Tax functions.