int(8208)
Singapore

VP – Recovery & Resolution Planning

Our client is an International bank with a strong presence in the South-East Asia region.

They are looking for a candidate to join their Balance Sheet Management team, supporting construction of the Bank’s Recovery Plan and the Resolution Information Pack, assist with analysis and impact of different regulatory regimes and regulation changes on the Recovery and Resolution reporting and provide insights on implications, and assist with regulatory deliverables around Recovery and Resolution reporting where required.

Please contact Michael Durkin or email your cv directly in word format with job reference no. Jo0000007657 to bankingandfinance-SG@theedgepartnership.com.

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

EA License Number: 16S8131

Recruiter License Number: R2090716

Apply for this Job

Some of the key responsibilities will include

  • Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions.
  • Construct of the Country recovery plan for the SG entities and the SG subgroup in compliance with local/Regional regulations and Group policies and procedures.
  • Recalibration of Recovery indictors in compliance with the Relevant policies and procedures and preparation of Country/Regional stress dashboard with relevant thresholds/ scalars and approvals.
  • Conduct scenario analysis for inclusion in the Regulatory submissions as per the local/group regulatory requirements.
  • Support for a full-blown Regional and Country fire drill in line with the Regulatory requirements with the relevant inputs/crisis MI.
  • Engage relevant stakeholders for data inputs and governance reviews- end to end.
  • Support on engagement with MAS and other relevant regulators.
  • Support and initiate Determination of approaches to determine the various critical components for Material entities, Critical shared services, Critical functions etc.
  • Detailed and granular level of data collation through wide stakeholder engagement from across the Bank, business functions and related entities.
  • Support on Engagement with the Group/ Region and SG senior management driving support and governance around the regulatory submission.
  • Support on engagement with MAS on specific queries and driving the conversations on approaches and results of the approaches.
  • Support on all the works conducted on resolving Barriers to resolution.

To be eligible for this role you will require

  • 5+ years of relevant experience, preferably a qualified accountant in the Banking / Financial Services sector with strong experience in balance sheet management.
  • Strong knowledge of the Recovery and resolution regulations and regimes across the industry is preferred.
  • Good understanding of a Bank (preferably multinational Bank) infrastructure, Products and services and ability to summarize into the Recovery and Regulatory Resolution packs submissions.