Regulatory and Capital Reporting

Job Description

Job Title: Regulatory and Capital Reporting

Corporate Title: Vice President

Division: Finance

Location: Singapore

Function Overview:

The Singapore regulatory reporting team sits under the AEJ Financial Control and reporting team and has a well-defined mandate of managing regulatory reporting, financial resource usage and stakeholder management covering Global Markets, Wealth Management and Investment Banking, The team partners closely with other functions and regions to facilitate the accurate measurement of regulatory obligations, the analysis of new deals/products and to manage change to help drive accurate reporting and achieve best return on equity and mitigate reporting and regulatory risk.

Role Overview:

This role focuses on regulatory reporting covering MAS/SGX reporting, capital regulation and regulatory change management. The firm has ambitious medium term growth plans; the value proposition is to partner with business units to navigate the evolving regulatory landscape while ensuring compliance and optimizing regulatory capital efficiency across the regional franchise.

The role requires strong reporting expertise combined with practical implementation skills to respond to changing regulatory requirements. In-depth knowledge of Singapore regulatory frameworks, Basel requirements, and general IFRS accounting standards is expected to be the foundation for this role. Strong communication and presentation skills would be instrumental to translate complex regulatory requirements into actionable business guidance. Strong corporate governance attitude is also expected as we build trust with regulators by demonstrating transparent and robust policy implementation processes under a well-governed control environment.

The role also involves data analysis, reconciliation, variance investigation and documentation to strengthen the bank's compliance with MAS requirements. The successful candidate will also assist in the adhoc financial and regulatory reporting projects as assigned.

Responsibilities:

Regulatory Reporting

• Team member on the Singapore regulatory reporting team owning the management and execution of MAS reporting obligations
• Manage and maintain regulatory reporting frameworks and governance with offshore support team in India
• Support finance initiatives including driving automation and process improvements specifically eg for MAS 1003, MAS1111, SFA Risk based capital
• Assist in preparation and/or review of other MAS/SGX returns and prudential returns. Maintain and update interpretation document and standard operating procedures (SOP).

Trade Reviews & Analysis

• Conduct regulatory analysis of structured trades and complex transactions to ensure appropriate capital and regulatory reporting
• Support the approval process for new products and transactions through relevant governance committees

Regulatory Change Management

• Lead implementation of regulatory reporting changes, coordinating across functions to ensure timely and compliant adoption
• Develop change management frameworks and processes to handle ongoing regulatory evolution

Job Requirements:

Organizational & Leadership Capabilities

• Ability to navigate matrix organization structures and operate with confidence and independently to drive outcomes in a fast-paced, multi-jurisdictional environment
• Experienced in communicating regulatory requirements and implications to stakeholders and business leads, including IT partners
• Self-motivated to connect with regional stakeholders to identify balanced, compliant solutions that meet regulatory requirements while supporting business objectives

Technical Expertise & Experience

• Direct experience managing regulatory reporting for MAS 1111 or MAS 1003
• Experience of financial markets, banking products, and associated regulatory risk parameters across Asia-Pacific jurisdictions
• Strong background in regulatory frameworks, Basel implementations and regulatory change management
• 8+ years of relevant experience in regulatory and/or capital reporting roles within a bank or  securities firm

Core Professional Skills

• Strong analytical capabilities with ability to understand regulatory requirements and application of them
• Excellent organizational and time-management skills with demonstrated ability to manage multiple regulatory initiatives and cope with tight regulatory deadlines
• Strong stakeholder management skills with ability to influence and coordinate across different functions, geographies, and levels of seniority

Communication & Cultural Competencies

• Cultural sensitivity and awareness essential for operating effectively across diverse Asian markets

Additional Qualifications

• Professional qualifications in relevant areas (CPA, CFA, FRM, or equivalent) highly preferred
• Experience with regulatory technology systems and policy management platforms advantageous

Nomura Competencies

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a Risk Culture (Challenge, Escalate and Respect).