About DBS Australia
DBS Bank Ltd opened its Australia Branch in Sydney in June 2015 and has been steadily growing since this time. DBS Bank Ltd, Australia Branch (DBS Australia) is regulated by Australian Prudential Regulation Authority (APRA), Australian Securities and Investments Commission (ASIC) and Australian Transaction Reports and Analysis Centre (AUSTRAC). The branch offers a wide range of products and services to wholesale clients through our frontline teams in Institutional Banking Group, Global Transaction Services, Global Financial Markets and Project Finance. All the teams work closely together to ensure a quality service is enjoyed by our clients.
The frontline teams of DBS Australia are supported by dedicated Technology, Operations, Finance, Risk Management Group, Legal & Compliance, and Human Resources teams in Australia.
Job Responsibilities
Finance Team is looking for an experienced and driven Financial Control and Regulatory Reporting Manager. This pivotal role requires a deep understanding of financial reporting and APRA reporting standards, exceptional analytical skills, and a proven ability to interpret, bridge the gap between technical requirements and business needs.
The role includes (but not limited to) the following responsibilities:
- End to end financial control and regulatory reporting for the Australian Branch.
- Manage and deliver the month end process. Ensure accurate and timely financial reports are prepared and presented.
- Prepare monthly and quarterly regulatory returns in compliance with APRA requirements. Serve as the primary interpreter of complex APRA EFS and prudential reporting instructions, converting them into clear, actionable business requirements.
- Lead and support technical accounting matters, including new product approval.
- Contribute to improving the financial control environment. This includes (but not limited to): review the finance processes for standardisation & automation and implement process improvement initiatives to enhance internal controls.
- Collaborate with finance and other cross-functional teams to effective internal controls through the Australia Branch. This includes Operations, Product Control, Businesses stakeholders etc.
- Coordinate the year end audit with Auditors and Australia Branch personnel.
- Assist with operational matters (e.g. accounts payable, payments and fixed assets) as required
- Ad hoc projects as required.
People
- Provide coaching and training to local finance team, other support units or business areas to develop understanding of finance requirements.
Stakeholder Management
- Maintain close engagement with key stakeholders including Head of Finance, Local Branch Management, Group Finance colleagues etc.
- Proven ability to engage, influence and manage diverse stakeholders across Business, Finance and Risk teams
Experience
- Minimum 6+ years’ experience in audit, financial control or regulatory reporting role in a financial services or Big 4 accounting firm.
- Demonstrated experience in APRA regulatory reporting, including Economic and Financial Statistics (EFS) reporting and/or statistical reporting obligations.
- Hands-on experience supporting or leading regulatory reporting implementation, reporting transformation, governance uplift, controls enhancement, remediation, or reporting automation initiatives.
- Strong understanding of APRA reporting frameworks, reporting controls, data governance, and regulatory reporting operating models.
- ADI or foreign ADI banking experience is essential.
- Chartered Accountant/ CPA qualification required.
- Postgraduate academic qualifications such as MBA or Masters are highly regarded.
Location:
DBS SydneyJob:
Finance.Schedule:
RegularEmployee Status:
Full timeSkills Required
- Minimum 6+ years' experience in audit, financial control or regulatory reporting in financial services or Big 4 accounting firm
- ADI or foreign ADI banking experience
- Chartered Accountant or CPA qualification
- Experience preparing APRA returns and interpreting APRA EFS and prudential reporting instructions
- Experience managing month-end processes, financial controls and regulatory reporting delivery
- Experience coordinating year-end audits with auditors and branch personnel
- Strong stakeholder engagement and ability to influence Business, Finance and Risk teams
- Postgraduate qualification (MBA or Masters)
What We Do
DBS Bank is a leading financial services group in Asia, headquartered in Singapore. It provides a full range of consumer, SME, and corporate banking services. The bank is recognized for its digital innovation, having been named 'World's Best Digital Bank' and 'World's Best Bank' by various publications. It also operates the DBS Foundation, which supports social enterprises and community initiatives, reflecting its commitment to creating impact beyond traditional banking.
