Regulatory Reporting Associate / VP
Banking operations processing Permanent contract Hong Kong, Hong Kong Reference 25000HO8 Start date Immediately Publication date 2025 / 10 / 13
Responsibilities
Responsibilities :
As part of the GBTO / MAR / RGO Production team, the role focuses on enforcing and improving regulatory reporting and tax-related production processes across the Asia-Pacific region. Key responsibilities include :
Governance and Monitoring
- Act as a control tower to oversee regional production processes, ensuring robust governance frameworks, implementation of KPIs / KRIs, and adherence to regulatory requirements.
- Lead governance meetings to address production performance, risks, incidents, new products impacts, change the bank impacts, and regulatory changes.
Process Improvement and Compliance
Review and enhance existing processes for both regulatory reporting and tax production, proposing and implementing remediation actions and solutions.Ensure alignment with regulatory frameworks, including adherence to reporting golden rules, and deliver transversal regulatory and tax compliance topics within required timelines.Incident and Issue Management
Define and implement action plans for regulatory and tax-related incidents, collaborating with local teams and escalating issues or decisions to management as needed.Regulatory Impact and Change Management
Conduct impact assessments for regulatory changes, perform gap analyses, and coordinate feasibility studies to propose solutions for systems, organization, and processes.Oversee outsourced and offshored production and ensure readiness for new regulatory requirements.Production Oversight
Ensure timely, accurate, and complete production of regulatory reports (, HKMA periodic reports / surveys) and tax reports (, FATCA and CRS reporting, post-trade monitoring).Coordinate business requirements and User Acceptance Testing (UAT) for system and process changes.Documentation and Reporting
Maintain key working documents and deliverables, and provide dashboards and indicators to monitor production perimeters for both regulatory reporting and tax processes.Knowledge Development
Build expertise in regulatory and tax frameworks across countries / jurisdictions within the region, staying updated on reforms and ensuring compliance.Profile required
Core Values and Conduct : Exemplary in adhering to the code of conduct, working for the collective good beyond personal agendas, and demonstrating courage in expressing convictions and making decisions.
Innovation and Adaptability : Think disruptively about core business challenges, encourage innovative approaches, and remain flexible and proactive in adapting to a changing environment.
Team Collaboration : A strong team player with the ability to drive cross-departmental initiatives for common goals, fostering collaboration and collective success.
Regulatory Focus : Strong ability to work under pressure, particularly in ensuring compliance with regulatory requirements.
Attention to Detail : High commitment to delivering accurate, high-quality work with strong attention to detail.
Technical Skills : Proficiency in Microsoft Office Suite, especially Excel and Outlook; familiarity with AI / ML concepts and tools is a plus.
Analytical and Problem-Solving Skills : Strong analytical mindset with a natural aptitude for solving complex problems.
Communication Skills : Excellent verbal and written communication skills, with fluency in English.
Behavioral Skills
Team Spirit - Synergies : I make cooperation with colleagues in and outside my team a priorityInnovation - Thinking out of the box / Creativity : I propose new ideas and solutionsInnovation - Technology : I adopt new technologies in the solutions and projects I work onInnovation - Simplification : I make things & ideas simpleResponsibility - Accountability : I make decisions in my scope of responsibilitiesCommitment - Care : I demonstrate consideration for others