Business Function
As a leader in treasury operations, DBS extends a broad range of capabilities in foreign exchange and derivatives, money market and securities trading, to corporations and financial institutions. DBS trades in a comprehensive product range, including foreign exchange, as well as interest rates and derivatives. Global Financial Markets (GFM) provides total solutions to serve DBS clients' hedging and investment needs with a regional emphasis. We have a strong record in providing innovative wealth management solutions to our individual investors. We are a leader in SGD and regional products with an excellent, customer-driven research capability and with cutting-edge risk management technology and systems.
Responsibilities:
- Assist with Financial reports:- Provide current/YTD GFM performance as against budget and forecast
- Provide feedback on monthly GFM performance, which cover both Income and Expenses
- Monitor monthly expense accrual and allocated expenses
- Closely monitor the process of any unusual transactions from the daily and monthly P&L, especially on the expenses side
- Assist GFM business growth by providing support on new products and initiatives:- Familiar with products
- Familiar with relevant regulation
- Familiar with system
- Assist GFM business with new product development; e.g: NPA requirements
- BU/SU relationship:- Ensure efficient inter department communication
- Efficient NPA process
- Compliancy:- Provide support to Ops. Risk Unit to ensure all front office documentation (e.g: RCSA/Risk and Control Self Assessment) are completed and reviewed
- Ensure responsible parties take corrective actions to close gaps in RCSA properly
- Assist to create productive working environment between Business/Support Units
- Familiar with internal and external regulatory requirements
- Assist with monitoring Gaps and Control:- Risk controls and awareness in GFM respective areas
- Review and enforce enhancement in GFM process
- Ensure agreed action plans to implement corrective actions are followed up promptly
- Abide by the procedures in doing all activities to support the department in achieving good audit rating
- Engage audit/relevant party in situations where there are constraints in meeting due dates
- Report and follow up risk event accordingly
- To be AML champion for the team
- SOP/SLA:- Regular review and update to GFM SOP/SLA
- Continue to enhance process
Requirements:
- Education- Knowledge in Finance and Accounting especially on Treasury related products
- Core Competencies- Basic Finance/Accounting
- Writing and communication skills
- Willing to learn about Finance and Treasury product and regulation
- Friendly, open minded
- Technical Competencies- Knowledgeable in FX market and Treasury products.
- Good accounting and finance knowledge,
- Awareness of the market conditions and updated with market regulations
- Good communication skill
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Location:
Capital Place BranchJob:
COO Office/Business Mgt & SupportSchedule:
RegularEmployee Status:
Full timeSkills Required
- Knowledge in finance and accounting, especially treasury-related products
- Knowledgeable in FX market and treasury products
- Experience with financial reporting, budgeting, and P&L monitoring
- Familiarity with relevant regulations and internal systems
- Awareness of market conditions and updated with market regulations
- Good written and verbal communication skills
- Ability and willingness to learn about finance, treasury products and regulations
- Ability to support compliance activities (RCSA, risk events) and act as AML champion
What We Do
DBS Bank is a leading financial services group in Asia, headquartered in Singapore. It provides a full range of consumer, SME, and corporate banking services. The bank is recognized for its digital innovation, having been named 'World's Best Digital Bank' and 'World's Best Bank' by various publications. It also operates the DBS Foundation, which supports social enterprises and community initiatives, reflecting its commitment to creating impact beyond traditional banking.
