Quality Assurance Analyst – Regulatory Reporting on MAS 610 for Banking Sector

Job Overview

This role involves comprehensive quality assurance and regulatory reporting duties centered around MAS Notice 610 within a banking context. The position demands rigorous validation and reconciliation of regulatory returns, thorough reviews of reporting frameworks, and ensuring compliance with all risk management policies and procedures.

Key Responsibilities

• Conduct meticulous reviews of regulatory submissions related to MAS Notice 610 before and after filing.
• Carry out reconciliation procedures that surpass standard business validation checks for the Notice 610 submission portal.
• Analyze and assess changes in regulatory reporting business rules, mapping schedules, and ledger classifications.
• Verify the precision of underlying data sources including manual and ad hoc documentation and adjustments.
• Perform periodic evaluations of the Notice 610 regulatory framework, inclusive of policies and procedures updates.
• Facilitate timely reporting of regulatory incidents such as erroneous or delayed returns and contribute to remediation documentation.
• Manage reporting processes both externally to regulators and internally to senior leadership and governance bodies.
• Maintain and improve the regulatory reporting risk management framework ensuring adherence to all controls, policies, and procedures.
• Support the rollout of new regulatory requirements and coordinate communications with external consultants as required.

Candidate Requirements

• Possess at least a diploma from an accredited educational institution.
• A minimum of four years’ experience in regulatory reporting, ideally within corporate banking.
• Demonstrated capability to track regulatory changes and adjust processes accordingly.
• Excellent communication skills to engage effectively with both internal teams and external stakeholders for smooth project delivery.

Additional Information

Qualified candidates are encouraged to apply; only shortlisted applicants will be contacted. The employment agency license number is 01C4394 (Persol Singapore PTE LTD). By submitting your personal data and CV, you consent to the collection, use, and disclosure of your information as per the entity's Privacy Policy.