Finance Operations Manager

About the company
HDFC Bank is one of India's leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994 with it registered office in Mumbai, India. As of March 31, 2025, the Bank's distribution network was at 9,455 branches and 21,139 ATMs across 4,150 cities / towns.
HDFC Bank, inaugurated its first branch in Singapore to provide banking services in Singapore. HDFC Bank has been granted a wholesale banking license by the Monetary Authority of Singapore (MAS).
HDFC business philosophy is based on five core values - Operational Excellence, Customer Focus, Product Leadership, People and Sustainability.

Job Description and Responsibilities
On behalf of our client, we're looking for a high calibre professional to join their team and build up an emerging presence as a Finance Operation Manager. At HDFC Bank, they provide their employees with ample opportunities for career growth and development. The positive work environment and comprehensive training programmes ensure that their team of professionals is highly motivated and equipped with the skills to excel in their respective roles. They believe that the ultimate identity and success of their bank will reside in the exceptional quality of their people and the extraordinary efforts.

Job Purpose
An experienced manager handling financial regulatory reporting related to MAS, taxation and audit activities. Responsible for preparation and submission of regulatory reports prescribed by MAS. Managing returns related to Tax and handling internal / external auditors for the Branch. Possess knowledge on the MAS regulatory returns for Singapore Banks. To supervise the day-to-day report preparation and maintenance of various regulatory ratios and ensure accurate submission of the returns.

Job Responsibilities
Regulatory Compliance & Reporting

• Prepare and submit accurate MAS regulatory reports, surveys, and filings in accordance with local requirements.
• Ensure all regulatory submissions are completed accurately and within deadlines.
• Stay updated on changes in reporting regulations and implement necessary adjustments to systems and processes.

Data Integrity & Process Controls

• Perform data validation, reconciliation, and analysis to ensure reporting accuracy.
• Develop and enhance internal controls to maintain data integrity in regulatory reporting.
• Identify opportunities for process improvements and automation to increase efficiency.

Business & Regulatory Advisory

• Support projects related to regulatory reporting, ensuring timely and accurate execution.
• Review and update policies and procedures to align with current regulations.

Additional Responsibilities

• Assist with ad-hoc requests from regulators, auditors, and internal stakeholders.
• Support month-end financial closing and reporting activities.
• Manage Tax related reporting / submission and co-ordinate with Tax team for timely submission.

Educational Qualifications

• Bachelor's degree in accounting, Finance, or related field.
• Professional certification CPA, ACCA or other advanced degree preferred

Key Skills

• Prior experience of handling and managing regulatory reporting in Singapore Banks.
• Strong knowledge of MAS regulations, Banking Act, and accounting standards.
• Analytical mindset with strong problem-solving skills.
• Detail-oriented, proactive, and able to work independently under tight deadlines.
• Proficient in MS EXCEL with familiarity of automation tools (e.g., Power BI) would be advantageous

Experience Required

• Minimum 4 years of experience in regulatory reporting within Singapore's financial services sector.

Major Stakeholders
(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties) (examples listed below)

• Overseas/NRI Sales
• Other Overseas Branches
• NRI/Overseas Product team
• Credit / CAD
• Operations team
• Finance Team
• Corporate Tax Team
• Treasury Team
• Risk Team
• Audit Team
• Technology Team

Kindly be informed that only shortlisted candidates will be contacted.

Khandalkar Deepti Sunil
Direct line: 66318505 (Ext.309)
EA licence no.: 19C9769
Email: [Confidential Information]
Personal Registration number: R1545009