Summary
This is an exciting opportunity for the role holder to meaningfully contribute to the Regulatory reporting with MAS and HKMA focus. They will also be responsible for the day-to-day running of the regulatory reporting function for all in-scope Over-the-Counter Derivatives. The role holder will work closely with the Derivative Middle office and 2024 MAS refit delivery lead to ensure compliance with all MAS and HKMA regulatory reporting requirements.
  
Responsibilities

• Ensuring all regulatory reporting BAU and projects are met on time and to the highest standard
• Conduct reviews on all regulatory reporting requirements (Completeness, Accuracy, Timeliness) to ensure compliance with regulation in each jurisdiction (MAS & HKMA)
• Manage exceptions in day-to-day reporting operations to ensure Regulatory obligations are met
• Review and execute key risk and control processes to ensure compliance with MAS & HKMA regulatory reporting obligations
• Provide assurance that effective processes and controls are in place to manage and perform the daily Regulatory Reporting tasks
• Interrogate, identify, plan, track and remediate reporting issues and provide visibility to upper management
• Conduct regular reviews to identify opportunities to enhance efficiency and control with the ability to project manage the process
• Build full understanding of the bank’s regulatory reporting architecture
• Ensure that procedures and controls are well documented with clear and concise explanations to substantiate and support regulatory concepts and requirements across all reporting areas
• Work with compliance to ensure all new regulations and changes to existing regulations are identified and properly implemented into daily reporting process
• Escalate issues / red flags identified, which may result in late or incorrect regulatory submission to senior management for resolution and remediation.
• Participate in IT system enhancement and support process improvement projects.
• Participate in new/amended product implementations to ensure Regulatory compliance is maintained
• Participate in relevant industry forums

Skills, Competencies & Qualifications

• 5 - 7 years of operations experience in the banking and financial sector with transaction regulatory reporting focus
• Undergraduate degree from an accredited college or university
• Extensive knowledge of banking regulatory frameworks and regulatory reporting with hands-on experience in MAS and HKMA trade reporting in both execution and lead capacity
• Displays a high degree of control awareness, attention to detail and focuses on providing quality output
• Detailed hands-on knowledge of regulatory reporting platforms, OTC derivative products and Murex
• The ability to take ownership of process, escalation and stakeholder management
• A strong team player who can work autonomously with the ability to work under pressure against tight timelines.
• Must have strong communication skills to clearly articulate issues and ideas, provide timely escalation
• Good interpersonal skills to build strong relationship with key stakeholders within and outside of Operations
• The ability and willingness to work in a fast-paced banking environment managing multiple priorities
• Proficient with MS products: high level Excel, intermediate VBA/Macros with Python skills an advantage
• Interest in data analysis, process automation, big data or non-technical process efficiencies is an advantage

For more information contact Cameron Howard on cameron.howard@trevosepartners.com