Job Summary

•    Oversee end-to-end banking regulatory reporting process including data collection and organization, understanding regulatory requirements, completing and submitting SCB China and branches regulatory reports. Ensure accurate, complete and on-time submission of all regulatory returns.

•    Support to identify and mitigate potential regulatory risks related to reporting errors, delays, or non-compliance, and implement corrective actions as needed.

•    Support to act as the key liaison with external regulators, providing updates, responding to queries, and representing the company in regulatory discussions and inspections.

•    Collaborate with cross-functional teams, work closely with legal, finance, risk, and IT departments to ensure consistency and completeness of data used in regulatory submissions and to address any compliance-related issues.

•    Support to evaluate and improve the effectiveness of reporting systems and tools to enhance efficiency and reduce manual processes through automation

Key Responsibilities

•    Handle regulatory (NFRA, PBOC, SAFE, the Bureau of Finance, the Bureau of Statistics etc.) returns preparation and submission, ensures that all regulatory submissions are accurate, complete, and submitted on time, as well as regulatory reporting instruction changes interpretation and implementation.
•    Support line manager to maintain robust quality control procedures to ensure the accuracy, completeness, and timeliness of all regulatory submissions, and reporting issues escalated through agreed governance channels.
•    Support PPG and China CA review and system upgrade project including end to end accounting flow review, upgrade the reporting logic, UAT support, regulatory reporting impact analysis to ensure compliance, accuracy and completeness.
•    Maintain good relationships with relevant internal departments, assist the line manager in coordinating with the finance department and other internal functional departments for discussions, such as establishing reporting procedures for new reporting requirements, and promptly and properly resolving related regulatory reporting issues.
•    Manage regulatory and internal stakeholder requirements, including preparation of management information, responses to regulatory enquiries, audit support, remediation plans and evidence of sustainable control improvements.
•    Support line manager to drive process and system optimisation improvements in processes, reporting, data quality through reporting automation while improving the transparency, efficiency and resilience of the control environment.

Skills and Experience

Must-have Skills
•    Solid knowledge of banking accounting and regulatory reporting rules
•    Hands-on experience in end-to-end regulatory reporting process
•    Strong data analysis and problem-solving abilities
Other Skills
•    High attention to detail and strict regulatory risk awareness
•    Stakeholder Management
•    Analytical and Communication skills
•    Strong accountability and ability to work under high pressure

Motivations

•    Operating in a complex and evolving China regulatory environment, very stringent regulatory environment casts great pressure on regulatory reporting including tight local reporting deadline, continuous changing reporting requirements, energized by the fast-paced, deadline-driven nature of regulatory reporting, motivated by the challenge of meeting tight deadlines under pressure while maintaining accuracy and compliance.
•    Motivated by the opportunity to streamline regulatory reporting processes, reduce errors, and enhance efficiency, driven by outcomes such as improved reporting accuracy, more efficient reporting process, reduced compliance risks etc.
•    Performs best in environments that encourage collaboration, knowledge sharing, and professional growth, motivated by working with cross-functional teams build a strong, capable regulatory reporting function.
•    Continuous learning and adaptability required, motivated by the need to stay current with regulatory changes, emerging technologies, and industry best practices, enjoy learning and applying new automation tools and methodologies to improve reporting systems and outcomes.
•    Driven by a commitment to ethical standards and accountability, motivated by the responsibility to uphold the organization’s reputation and ensure compliance with applicable laws and regulations.

Qualifications

Key Experiences

•    Demonstrated ability to operate effectively across different regulatory, cultural and organisational environments, adapting o global frameworks and local requirements while preserving appropriate governance, control and consistency
•    Proven Experience dealing complex issues through ambiguity, bringing together multiple stakeholders, forming a clear view from incomplete conflicting information and driving decisions and remediation through to sustainable closure

Certifications/Qualifications

•    CICPA & ACCA is preferred

Languages
•    Chinese and English 

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global employee assistance programme, sick leave, mental health first-aiders and self-help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual, and digital learning.

Visit our careers website to learn more about us: www.sc.com/careers.