Senior Nostro Reconciliation Specialist

3 weeks ago


Singapore DBS BANK LTD. Full time

DBS BANK LTD. is a leading financial institution that offers a wide range of banking services to individuals, businesses, and institutions.

We are seeking a highly skilled Senior Nostro Reconciliation Specialist to join our team in Group Operations COO.

About the Role

This is an exciting opportunity for a professional with expertise in Nostro reconciliation processes and principles to work closely with stakeholders and drive process improvements.

You will be responsible for performing day-to-day reconciliations activities, conducting first-level investigations on nostro breaks, and attending to BAU escalations and reconciliation enquiries.

Your primary focus will be on ensuring daily Service Level Agreements are met, resolving breaks within reasonable timelines independently, and engaging stakeholders proactively on Nostro reconciliation matters.

Key Responsibilities
  • Have a deep understanding of Nostro reconciliation processes and principles
  • Perform Nostro reconciliations/investigations and ensure daily Service Level Agreements are duly met
  • Attend to BAU escalation and Nostro reconciliation enquiries, ensuring break resolution within reasonable timelines independently
  • Engage stakeholders proactively on Nostro reconciliation matters and provide support whenever required
  • Enhance Nostro reconciliation automation via close collaboration with stakeholders to create auto-matching rules
  • Perform data analytics on internal and external data to derive actionable insights for process improvements and BAU issues resolution
  • Perform the monthly General Ledger Attestation (GLAO) ownership process
  • Handle ad hoc tasks when required
Requirements

To be successful in this role, you should have at least 3 years of relevant working experience in Banking Operations with experience in nostro reconciliation or banking operations, using SmartStream TLM system or other reconciliation systems.

You should be able to collect and analyse data, make recommendations, and engage Support & Business Units on reconciliation matters as well as escalate and articulate issues and proposed resolutions.

Essential skills include strong written, spoken, and listening skills, effective presentation skills, and the ability to comfortably interact with senior-level professionals.

What We Offer

We offer a competitive salary ranging from SGD 60,000 - SGD 90,000 per annum, depending on your experience and qualifications, as well as a comprehensive benefits package and opportunities for career growth and development.



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