AVP, MIS Methodologies- Group Finance

  • Competitive
  • Singapore
  • Permanent, Full time
  • OCBC Bank
  • 21 Aug 17

AVP, MIS Methodologies- Group Finance

The MIS Methodologies team is responsible for the coordination of the group-wide annual operational planning process, the financial forecasts for the Internal Capital Adequacy Assessment Process (ICAAP) and the Industry-wide Stress Test (IWST), and the general management of MIS policies and methodologies for the OCBC Group.

Roles and Responsibilities:

- Individual contributor role

- Assist in the annual operational planning process, as well as the 3-year planning processes for the Group. Provide support to facilitate business reviews

- Work with units from other divisions to meet the requirements of the ICAAP, as well as other capital planning/stress test processes/exercises

- Participate in the enhancement and other planning opportunities to improve the planning process and systems

- Perform value-added analyses that support business decision making for the Group

- Liaise with key divisions to understand issues raised on any MIS methodologies matters

- Review and update MIS policies and methodologies to cater for new requirements, products and management initiatives. Work with, and provide guidance to business/support units on the application of these policies and methodologies

- Manage the cost allocation process and methodology. Work with business/support units to ensure that the bases of allocations are reasonable and in compliance with MIS policies

- Collaborate with the MIS systems project team to facilitate the successful implementation of any changes to systems and processes

Reports to:

Head of MIS Methodologies

*LI-ML

Qualifications

Requirements:

- A good university degree, preferably in Accounting, Finance, or equivalent

- At least 8 years' experience in the banking industry, with the majority of them in MIS/Business Finance or related functions

- Demonstrated success in the areas of planning and forecasting, financial/management reporting and analysis

- Good understanding of MIS methodologies applicable to banks including funds transfer pricing, capital allocation, risk/return concepts and other performance measurement metrics

- Good understanding of Basel II/III requirements is preferred

- Some working knowledge of the Singapore Financial Reporting Standards (FRS) is preferred

- Good communication skills and the ability to always work effectively with a diverse stakeholder group

- Strong analytical and problem solving skills. Ability to apply logical reasoning and exercise independent judgement on issues and methodologies

- Adaptable and able to think broadly, with proven success as an individual contributor

- Maturity with a positive can-do attitude

- Experienced user of planning/budgeting systems and Microsoft Excel, Word, Powerpoint