Regulatory Reporting Manager

Salmon – Who We Are and What We Do

Salmon is a fast-growing consumer FinTech group, founded in July 2022 with the vision of creating the best credit-led, tech-centric bank in Southeast Asia. We chose the Philippines to be our first market and are now a licensed bank and consumer-lending group.

Salmon was founded by three Co-founders who built and held senior leadership positions at Tinkoff, a highly successful tech-enabled bank that reached a market capitalization of more than US$20bn.

Salmon has built a highly qualified and global team of finance and technology professionals and is backed by world-class investors, which include International Finance Corporation (a member of the World Bank Group), Lunate (an investment management vehicle affiliated to the sovereign wealth fund of Abu Dhabi), and other prominent Fintech investors.

We are building a financial technology business that works impeccably 24x365, creating thousands of jobs and providing high quality access to finance for millions of Filipinos — and would love to have you join us on this journey. The new world is ours to discover together

About the Role – Regulatory Reporting Manager

The Regulatory Reporting Manager plays a critical role in ensuring the accurate and timely preparation and submission of all regulatory reports to the Bangko Sentral ng Pilipinas (BSP), Philippine Deposit Insurance Corporation (PDIC), and other regulatory bodies. This role ensures compliance with applicable financial regulations and internal policies. The Manager also serves as the Deputy to the Head of Regulatory Reporting, taking full responsibility for all reporting functions during any period of absence, and ensuring continuity of operations.

Key Responsibilities:

Regulatory Reporting & Compliance:

• Manage the end-to-end process of preparing and submitting BSP and PDIC reports, ensuring accuracy, timeliness, and compliance with applicable regulations.
• Ensure that regulatory reports are accurate, complete, and submitted on time to mitigate risks related to non-compliance.
• Collaborate with various departments within the bank to ensure data accuracy and resolve any discrepancies before reports are submitted.
• Maintain accurate, organized, and up-to-date data to support regulatory reports.

Deputy to the Head of Regulatory Reporting

• Act as the alternate for the Head of Regulatory Reporting, fully covering responsibilities during any absence.
• Take ownership of deadlines and deliverables, ensuring that reporting operations continue without disruption.

Daily Management Reporting of Key Ratios and Loan & Deposit Portfolio:

• Prepare and distribute daily management reports on key banking ratios, loan portfolio performance, and deposit portfolio status.
• Monitor key performance indicators (KPIs) and ratios such as capital adequacy, minimum liquidity, loan-to-deposit ratio, asset quality, and other key ratios, ensuring they meet internal and regulatory standards.
• Provide management with timely insights and analysis on the performance of the bank's loan and deposit portfolios.

Process Improvement & Automation:

• Contribute to the continuous improvement of regulatory reporting processes, identifying opportunities for automation and streamlining reporting functions.
• Assist in enhancing the efficiency of regulatory report preparation, reducing manual effort, and improving accuracy and timeliness.

Collaboration & Communication:

• Collaborate with internal teams (finance, operations, IT, and compliance) to ensure alignment on regulatory reporting goals.
• Communicate regulatory updates with the Regulatory Compliance team to stay up-to-date with new or updated regulations affecting the bank, ensuring that compliance processes and reporting frameworks are promptly adapted.
• Support the implementation of any necessary changes to reporting frameworks based on evolving regulatory requirements.

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance, or a related field.
• At least 6-10 years of experience in regulatory reporting or financial reporting within the banking sector, or experience in audit within the banking industry.
• Experience with automating regulatory reporting processes using technological tools or business intelligence software.
• In-depth knowledge of BSP and PDIC regulations, as well as other relevant banking regulations.
• Strong analytical skills with attention to detail and accuracy in financial data management.
• Familiarity with regulatory reporting software and financial systems used within the banking sector.
• Excellent organizational skills and the ability to meet deadlines while managing multiple tasks.
• Strong written and verbal communication skills, with the ability to work effectively with cross-functional teams and stakeholders.