Reports Officer

I. Job Summary

Responsible for the preparation and submission of financial reports to BSP and other regulatory agencies. The officer is responsible for ensuring the accurate, prompt and timely submission of regulatory in accordance to the set prescribed accounting standard, internal policies and guidelines issued by the regulators (includes BSP and others).

II. Duties and Responsibilities

1. Aims and proposes strategies to the Department in support to the Division's objectives.

2. Ensures that all regulatory reports for BSP and other Internal submission for consolidation are prepared and submitted in accordance to the following regulatory guidelines and bank operational procedures to include but not limited to the following reports;

• Reserve Required on Trust and Other Fiduciary Accounts (TOFA)
• Report on Peso-Denominated Common Trust Fund and other similar Managed Funds
• Report on Assets of Non-Resident Participants in Unit Investment Trust Funds
• Investment in Foreign Currency-Denominated Phil. Debt Papers/Foreign Currency-Denominated Loans to Phil. Residents
• Comprehensive Credit and Equity Exposures (COCREE)
• Report on Related Party
• Financial Reporting Package for Trust Institutions (FRPTI)
• Quarterly Report on Compliance with the Basic Security Deposit Requirement
• Report on Basic Security Deposit Transactions
• FRPTI Supplemental Data
• Internal Reports submitted to TSG and BankCom units
• Other Reports that may be issue by the regulators
• Other Regulatory reports that may be requested

3. Process the preparations of regulatory reports and submit for review, checking and approval to Department Head, Division Head or authorized assigned approver and checker

4. Initiate to process of post validation on the result and submit to Department Head, Division Head or authorized approver and checker for another layer of checking

5. Attends to the requirement of the internal, external and BSP auditors and other government authorities in the examination of the submitted report.

6. Represents the unit in the department /divisional meeting related to the enhancement and automation of the regulatory reports

7. Updates, reviews and coordinates impact of new issued regulatory guidelines.