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Associate, Specialist, Operations, Shared Services-Reconciliation/Invt, Technology & Operations
BFSI (Operations & Lending)
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Job Description
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 Banks operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Responsibilities
- Responsible for monitoring out Daily reconciliation of all accounts in a timely and accurate manner whilst identifying breaks
- Ensure defined Regulatory reportings are carried out in a timely and accurate manner
- Sound understanding of local laws and regulation applicable to the reporting entity
- Highlighting risks if any which are identified as a part of performing reconciliations and necessary regulatory reportings
- Resolution of the gaps identified by carrying out a root cause analysis & ensuring a permanent fix is put in place
- Carry out an impact assessment and ensure items which can have an impact by way of introduction of a New Product launch are highlighted
- Identifying areas wherein manual efforts are being carried out and work towards automation of the same
- Guide and help Operations units and branches by resolving their queries pertain to processes and accounts
- Works in a very agile environment
- Excellent problem solving and analytical skills
- Has delivered test maturity assessments, providing and successfully implementing an improvement plan
- Monthly GLAO substantiation based on the Source available and highlighting the breaks to respective unit heads, if any in line with the defined policies of the bank
- Tracking the Input files for recon delay and defect to raise with tech team for resolution
- UAT D360 graphs to be deployed in PROD, if any. Maker is responsible for signing off on the UAT and participating in Deployment, SIT, LV and ensuring the Graph deployment is done
- Collate the analysis of Transaction volume of all recons in defined format - Calculate the Auto match rate and manual match rate - build the logic for manual match items for automation
- Bachelors degree in Accounting, Finance or relevant field
- 3-5 years of relevant experience in reconciliation or operations role in a banking environment
- Strong analytical and problem-solving skills with keen attention to detail
- Proficiency in Microsoft Office applications and reconciliation/investment systems
- Ability to work independently and as part of a team
- Strong communication skills and ability to liaise with internal and external stakeholders
- 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
- Collaboration with all units of the bank and working in a cohesive manner
Looking to get Placed? Try our Placement Guarantee Plan
- 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
India-Maharashtra-Mumbai
Job
Operations
Schedule
Regular
Job Type
Full-time
Job Posting
Apr 7, 2025, 4:02:07 PM
Skills
ReconReportingRoot Cause AnalysisIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
DBS Bank, a leading financial services group in Asia, drives digital innovation to redefine banking experiences. With a commitment to making banking seamless and accessible, DBS Bank leverages cutting-edge technology to empower customers and businesses alike. DBS Bank Careers offer exciting opportunities for individuals seeking to shape the future of finance. Whether in banking operations, technology, or wealth management, joining DBS Bank means being part of a progressive organization that values innovation and collaboration. With a focus on nurturing talent and fostering a diverse workforce, DBS Bank provides a platform for professional growth and development. Explore DBS Bank Careers for a chance to make a meaningful impact in the financial industry.
Important dates & deadlines?
Application Deadline
30 May 25, 11:45 AM IST
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Associate, Specialist, Operations, Shared Services-Reconciliation/Invt, Technology & Operations
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