At a Glance
- Tasks: Lead regulatory reporting and ensure data quality in a dynamic banking environment.
- Company: Join the Bank of China, a leading financial institution in Sydney.
- Benefits: Two-year contract with potential for ongoing role, competitive salary, and professional growth.
- Other info: Fluent in English and Mandarin preferred; SQL/Python skills are a plus.
- Why this job: Make an impact in regulatory compliance while developing your finance and data skills.
- Qualifications: Bachelor's degree in Accounting or Finance; experience in regulatory reporting is essential.
The predicted salary is between 100240 - 122516 $ per year.
Bank of China is seeking an energetic and highly motivated Regulatory Reporting & Data Quality Management Manager to join the Sydney Office. This is a Two Year Term Contract, with strong potential to convert to an ongoing role upon successful completion.
Responsibilities
- Lead the production, review and compliance of regulatory reporting, including APRA, ABS, head office reporting, with a strong focus on regulatory requirement interpretation, reporting treatment and reporting accuracy, supported by robust internal controls.
- Interpret regulatory reporting requirements and assess their impact on reporting processes, data, calculations, systems and controls; provide guidance on complex or judgemental reporting matters.
- Design, implement and test preventative, detective and monitoring controls across the end-to-end reporting lifecycle, including assessment of control effectiveness.
- Define and manage Critical Data Elements (CDEs), data quality metrics and exception resolution through root-cause analysis, including issues arising from source data, business rules, system logic and manual adjustments.
- Establish end-to-end data lineage from source systems to regulatory reporting outputs to ensure traceability and appropriate supporting evidence for audits and reviews.
- Collaborate with Business, Finance and Technology teams to translate regulatory requirements into reporting, data and control requirements, and embed these into system logic and change initiatives.
- Lead audit engagements, regulatory enquiries and reporting issue remediation by providing clear regulatory interpretation, process documentation and control evidence.
Requirements
- Bachelor's degree in Accounting, Finance or a related field.
- Significant experience delivering regulatory reporting solutions within financial services, with strong knowledge of regulatory reporting requirements and their interpretation.
- Experience reviewing and analysing regulatory reports, including complex reporting issues, reporting treatments and data discrepancies.
- Strong data, finance and accounting competency, with knowledge and understanding of accounting transactions, financial products, data flows, finance systems and financial statement relationships.
- Fluent in English and Mandarin.
- Candidates with internal and external audit experience would be an advantage.
- SQL and/or Python skills to support data validation, lineage analysis and issue investigation will be highly regarded.
- Only the candidates with Australian PR, AUS/NZ Citizenship will be considered.
Regulatory Reporting & Data Quality Management Manager in Sydney employer: Bank of China
As an Assistant Risk Manager (Credit Risk) in our dynamic Credit Risk Management team, you'll thrive in a supportive environment that prioritises professional growth and development. We offer a collaborative work culture where your contributions are valued, alongside competitive benefits and opportunities for advancement within the financial services sector. Located in a vibrant area, our company fosters a strong sense of community and encourages innovative thinking, making it an excellent place to build a meaningful career.
