Finance Transformation - Regulatory Reporting (Financial Services) Senior Consultant, BC

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

We are the only professional services organization who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated consulting, assurance, tax, and strategy & transaction services.

The Opportunity

The financial services industry continues to face increasing regulatory expectations, evolving reporting requirements and growing demands for accurate, timely and well-controlled financial and regulatory data. As part of our Finance Transformation team within Financial Services Business Consulting, you will work with leading financial institutions to transform their finance and regulatory reporting functions. You will support clients in addressing regulatory reporting requirements while improving the underlying processes, data, controls, governance and technology that enable sustainable reporting.

This role is suited to candidates who combine knowledge of financial and regulatory reporting within banking or financial services with strong analytical, transformation and stakeholder management capabilities. You will have opportunities to work across regulatory reporting transformation, finance data and controls, operating model enhancement, process optimisation, remediation programmes and technology-enabled finance transformation.

Your Key Responsibilities

• As aSenior Consultant, you will support and deliver client engagements across Finance Transformation and Regulatory Reporting, including:
• Support the design and delivery of regulatory and financial reporting transformation programmes for banks and other financial institutions.
• Perform current-state assessments and identify gaps across reporting processes, data, controls, governance and technology.
• Support regulatory reporting change and remediation initiatives arising from new requirements, regulatory reviews, internal audits or identified control weaknesses.
• Analyse regulatory reporting requirements and translate them into clear business, data, process and functional requirements.
• Support reporting requirements related to capital adequacy, risk-weighted assets, liquidity, leverage, credit risk, market risk and other prudential reporting areas, depending on project scope.
• Support Singapore regulatory reporting requirements, including relevant MAS reporting and prudential requirements, with exposure to regional or global regulatory frameworks being advantageous.
• Perform data mapping, data lineage, reconciliation and root-cause analysis across source systems, finance and risk platforms, data repositories and regulatory reports.
• Assess and strengthen governance and control frameworks supporting regulatory reporting, including data quality, reconciliation, validation, review and sign-off processes.
• Identify opportunities to streamline, standardise and automate manual reporting processes.
• Support finance and regulatory reporting operating model design, including roles and responsibilities, governance, controls, processes and technology.
• Work closely with Finance, Risk, Treasury, Technology, Data and Operations stakeholders to deliver end-to-end change.
• Support system implementation and reporting platform initiatives, including requirements gathering, functional design, testing, UAT and implementation.
• Prepare high-quality client deliverables, management presentations, working papers and recommendation papers.
• Facilitate workshops and discussions with client stakeholders and communicate complex reporting or data issues in a clear and structured manner.
• Support project management activities including planning, issue and risk tracking, stakeholder coordination and status reporting.

Skills and Attributes for Success

To succeed in this role, you should have

Strong understanding of financial services finance and regulatory reporting processes, particularly within banking.

Knowledge of regulatory reporting concepts covering areas such as capital adequacy, RWA, liquidity, leverage, credit risk and/or market risk.

Familiarity with MAS regulatory requirements and the Singapore banking regulatory environment.

Strong analytical skills and ability to analyse complex finance, risk and regulatory data.

Understanding of the interaction between Finance, Risk, Treasury, Data and Technology within a financial institution.

Experience in regulatory reporting processes, data flows, reconciliations, controls and governance.

Ability to translate regulatory or business requirements into practical process, data and technology requirements.

Strong problem-solving skills with the ability to identify root causes and develop pragmatic solutions.

Good stakeholder management, communication and presentation skills.

Strong proficiency in PowerPoint and Excel.

Ability to work effectively with both technical and non-technical stakeholders across multidisciplinary teams.

To Qualify for the role you must have

Bachelor’s degree in Accounting, Finance, Business, Economics, Banking, Information Systems, Data or a related discipline.

Minimum of 3 years of relevant experience in banking, financial services, consulting, professional services and/or financial or regulatory reporting.

Relevant experience in one or more of the following: Regulatory reporting, Prudential reporting, Finance transformation, Financial reporting, Risk and finance data, Regulatory change or remediation, Reporting controls and governance, Regulatory reporting systems or technology implementation

Experience working with banks or other regulated financial institutions.

Good understanding of end-to-end reporting processes, including data sourcing, transformation, calculation, reconciliation, controls, review and submission.

Experience working with cross-functional stakeholders across Finance, Risk, Treasury, Technology, Data and Operations.

Ability to produce structured analysis and high-quality client deliverables.

Ideally, you'll also have

Practical knowledge or project experience relating to MAS regulatory reporting, including areas such as MAS 637.

Understanding of Basel III / Basel capital and prudential reporting concepts, including RWA and capital adequacy.

Exposure to liquidity reporting frameworks such as LCR and NSFR.

Experience in regulatory reporting transformation or remediation programmes within a bank and/or consulting environment.

Experience with finance, risk or regulatory reporting platforms and data architecture.

Hands-on data analysis capabilities using tools such as SQL, Python, Alteryx, Power BI or Tableau.

Experience with finance or risk technology platforms such as SAP, Oracle, OneStream, AxiomSL/Adenza, Wolters Kluwer OneSumX or similar solutions.

Professional qualifications such as CA/CPA/ACCA, CFA or FRM would be advantageous but are not mandatory.

Experience working across Singapore and/or the broader ASEAN/APAC financial services market.

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization.

What we offer

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
• If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
• Apply now.
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