Officer, Specialist, Operations, Shared Services-

Published date: 2024/01/10
  • Location: Mumbai, Maharashtra, India
Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Job Purpose

The candidate would be responsible for ensuring reconciliations of various suspense, asset and liability accounts whilst ensuring the said tasks are carried out in a timely and precise manner.

The candidate needs to be conversant with the applicable regulations, and ensure the regulatory reporting’s being performed are carried out in a comprehensive manner to ensure that the control environment is robust.

Needs to identify the risk & control issues through continuous monitoring and data analytics.

The said candidate needs to collaborate with various stake holders on matter of reconciliation methodology, regulatory reporting, and control aspects for seamless functioning of the unit. To identify areas of risk and control and work with units to ensure the same are minimized.

Excellent communication skills along with in depth analytical skill is mandatory.

Key Accountabilities

General Ledger substantiation & certifications of the Balance Sheet accounts and highlighting breaks if any in line with the defined policies of the bank. To supervise various process reviews and collaborate with units to ensure risk is mitigated in operational processes

Key Responsibilities & Accountabilities

Responsible for carrying out Daily reconciliation of suspense & clearing accounts in The candidate would be responsible for ensuring reconciliations of various suspense, asset and liability accounts whilst ensuring the said tasks are carried out in a timely and precise manner. Needs to identify the risk & control issues through continuous monitoring and data analytics. The said candidate needs to collaborate with various stake holders on matter of reconciliation methodology, regulatory reporting, and control aspects for seamless functioning of the unit.

The candidate would be responsible for preparation of various regulatory submissions and be conversant with the applicable regulations. Ensure the regulatory reporting’s being performed are carried out in a comprehensive manner to ensure that the control environment is robust.

 Required Experience

Essential
• Prior experience in in handling Reconciliation / Regulatory reporting / Governance & Control team

Desirable
• Experience of min 7 years in any of the above listed functions
• Experience in conduction UAT’s and having experience of leading projects on automation
• Working knowledge of Payment Operations & Trade

Core Competencies
• Strong planning, organizational and analytical skills
• Attention to detail and accuracy
• Effective problem-solving skills
• Computer literate, with a good understanding of Microsoft Excel & Power point
• Able to work independently with strong teamwork values
• Good inter-personal and communication skills

Technical Competencies
• Regulatory guidelines (RBI & other local regulatory/statutory bodies)
• In depth knowledge of guidelines around Trade Operations and/or Payment operations

Work Relationship
• Collaboration with all units of the bank and working in a cohesive manner

DBS India - Culture & Behaviors
• DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:
• Demonstrate Business Performance through PRIDE Value Based Propositions
• Ensure Customer Focus by Delighting Customers & Reduce Complaints
• Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
• Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement
• Maintain the Highest Standards of Honesty and Integrity

Primary Location

India-Maharashtra-Mumbai

Job

Operations

Schedule

Regular

Job Type

Full-time

Job Posting

Sep 11, 2023, 3:01:08 PM
Company Name: DBS Bank

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