12 Months Contract
This is a middle-office / control-focused role within a large investment bank's operations division (ICG O&T – Institutional Clients Group Operations & Technology). The team is responsible for making sure that the bank follows regulatory requirements when it comes to reporting derivatives trades(like swaps) to financial regulators in the APAC region(e.g. MAS, ASIC, HKMA).
What the Role Involves:
- Regulatory Reporting Oversight
- Ensure daily regulatory reports are accurate, complete, and submitted on time to the relevant APAC regulators.
- Watch for errors, delays, or missing data and resolve issues quickly.
- Control and Exception Management
- Monitor control dashboards and fix/report any exceptions or breaches in reporting standards.
- Work with multiple departments (middle office, legal, compliance, tech) to resolve these issues.
- Data Quality & Analysis
- Investigate unusual or problematic data.
- Use tools like Excel or SQL to analyze large datasets to identify root causes and suggest fixes or improvements.
- Project Management & Process Improvements
- Help implement new regulations or improve current processes.
- Draft business requirements, track risks/issues, and run testing for new changes.
- Communicate project updates to different internal teams.
- Industry Representation & Governance
- Join industry working groups, and be part of discussions with regulators or external vendors on how to meet upcoming regulations.
- Ensure all processes follow Citi’s internal risk and control policies.
- Product Knowledge: Understand OTC derivatives(financial contracts that are traded directly between two parties, not on exchanges).
- Regulatory Understanding: Knowledge of G20 financial reforms(especially transaction-level reporting rules).
- Experience: 3+ years in financial services – ideally in regulatory reporting, operations, business analysis, or project management.
- Communication Skills: Comfortable speaking to both technical teams and senior stakeholders, and across global teams.
- Analytical Skills: Good with Excel, and ideally some SQL or VBA for digging into data.
- Bonus: Familiarity with APAC regulatory bodies (e.g. MAS, ASIC, HKMA) and reporting platforms/tools.
This role acts like a regulatory gatekeeper between the bank and the APAC regulators — ensuring that all derivative transactions are reported correctly and on time, and fixing any problems that come up. The person will also drive improvements, lead regulatory projects, and occasionally represent the bank in industry forums.
It’s a hybrid role combining regulatory expertise, operations knowledge, data analysis, and project management.
How to Apply: Interested applicants, please click on the “Apply Now” to submit your updated resume.
Please note: Due to the anticipated high volume of applications, only shortlisted candidates will be contacted. All information provided will be treated with strict confidentiality and used solely for recruitment purposes.
Cheah Wei Ee
Principal Consultant - Retail & Hospitality Division
EA Personnel No: R23114782
Peoplebank Singapore Pte Ltd | EA Licence No: 08C5248