Assistant Vice President - Regulatory Reporting - Bank (7-10 yrs)

Assistant Vice President

Responsibilities:

- Need CA with 7+ yrs of post qualification exp.

- Should have exp in Technical accounting.

- Should be from banking/BIG4 only

- Should have exp in IFRS.

Job Description:

Purpose of the role:

To develop and analyse, the bank's financial and regulatory policies and interpretations, complying with applicable laws, internationally agreed standards, and regulations, to enable effective management of the bank's financial risks.

Accountabilities:

- Development and assessment of financial policies, standards and associated controls that govern the bank's statutory and regulatory reporting obligations, and analysis of financial data and industry trends to identify areas for policy improvement or revision.

- Management of the implementation of financial and regulatory policies across the bank's departments and business units, and support to employees on the interpretation and application of policies.

- Continuous review of evolving laws, regulations, and regulatory guidance affecting the bank's operations, and assessment of the impact of regulatory changes on the bank's business activities, financial performance, and risk profile.

- Communication of financial and regulatory policies to relevant stakeholders in a clear and concise manner, and development and delivery of training programs on financial and regulatory policies to ensure employee understanding and adherence.

- Management of communication with regulatory authorities to gain insights into upcoming regulatory changes and expectations and participate in regulatory consultations and provide feedback on proposed regulations.

Assistant Vice President Expectations:

- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

- Take ownership for managing risk and strengthening controls in relation to the work done.

- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

- Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

- Influence or convince stakeholders to achieve outcomes.