Nostro Accounts Reconciliation Operations Specialist

1 month ago


Singapore DBS Bank Limited Full time

Job Purpose:

As a key member of the NRU unit, you will play a crucial role in supporting the Ops COO - Nostro Reconciliation unit, which serves as the nostro reconciliation hub for DBS Group. The unit has two main functions: Nostro account reconciliation and Business Management Support (BMS), which handles static data, feeds processes, and produces daily MIS.

The main focus for this role is to assist the team manager in day-to-day reconciliations and conduct first-level investigations on nostro breaks. You will work closely with stakeholders to engage proactively on Nostro reconciliation matters and provide support whenever required.

Key Responsibilities:

  • To have a deep understanding of Nostro reconciliation processes and principles
  • Ensure daily Service level Agreements are duly met
  • Act as the central point of BAU escalation and Nostro reconciliation inquiries, ensuring breaks resolution within reasonable timelines independently
  • To 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
  • Drive innovation, re-engineer Nostro reconciliation and investigation processes to achieve process standardization and improvement in controls
  • Participate in new business initiatives discussion, assess and provide Nostro reconciliation requirements, raise risks if any and formulate action plans for resolution
  • Manage the monthly General Ledger Attestation (GLAO) ownership process
  • Handling of ad hoc projects when required

Requirements:

  • Minimum 3-5 years of working experience in Banking Operations
  • Experience in nostro reconciliation or banking operations, managing SmartStream TLM system or other reconciliation systems will be highly beneficial
  • Ability to collect and analyse information and make recommendations
  • Able to independently engage Support & Business Units on reconciliation matters as well as to escalate and articulate issues and proposed resolutions
  • Essential that written, spoken and listening skills are very strong. Demonstrate effective presentation skills, comfortable with audience of senior level professionals


  • Singapore DBS Bank Full time

    Job Summary: We are seeking a highly skilled Nostro Accounts Reconciliation Specialist to join our team at DBS Bank. As a Nostro Accounts Reconciliation Specialist, you will be responsible for assisting the team manager with day-to-day reconciliations activities and conducting first-level investigations on nostro breaks. Key Responsibilities:Deep...


  • Singapore DBS BANK LTD. Full time

    DBS Bank Ltd. is a leading financial institution that enables and empowers its customers with efficient, nimble, and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability, and innovation.The Operations COO – NRU unit serves as the nostro reconciliation hub for DBS group, handling two primary...


  • 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 RoleThis is an exciting opportunity for a professional with expertise in Nostro reconciliation...


  • Singapore DBS Bank Limited Full time

    Company OverviewDBS Bank Limited is a leading financial institution that enables and empowers businesses with an efficient, nimble, and resilient infrastructure. Our strategic focus on productivity, quality & control, technology, people capability, and innovation drives growth and success.We manage the majority of the bank's operational processes and inspire...


  • Singapore DBS Bank Full time

    DBS Bank is seeking a seasoned Nostro Reconciliation professional to join our team in Singapore.About the RoleAs a key member of our Group Technology and Operations team, you will be responsible for performing day-to-day nostro reconciliations and conducting first-level investigations on nostro breaks. Your expertise will help ensure that nostro account...


  • Singapore DBS Bank Full time

    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...


  • Singapore DBS Bank Limited Full time

    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...


  • Singapore DBS Bank Limited Full time

    Job Purpose Ops COO - NRU unit is the nostro reconciliation hub for DBS group. The unit has two functions:- Nostro account reconciliation & the Business Management Support (BMS) that manages static data, feeds processes and production of daily MIS. The main focus for this role is to assist the team manager on the day-to-day reconciliations ...


  • Singapore DBS Bank Limited Full time

    Associate/ Senior Associate, Nostro Accounts Reconciliation, Operations COO Job Purpose Ops COO - NRU unit is the nostro reconciliation hub for DBS group. The unit has two functions: Nostro account reconciliation & the Business Management Support (BMS) that manages static data, feeds processes and production of daily MIS. The main focus for this role is to...


  • Singapore This is an IT support group Full time

    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...


  • Singapore DBS BANK LTD. Full time

    Job Summary">We are seeking a skilled Nostro Reconciliation Expert to join our team at DBS BANK LTD. This role will be responsible for performing day-to-day reconciliations and conducting first-level investigations on nostro breaks.About the Role">The successful candidate will have a strong understanding of Nostro reconciliation processes and principles,...


  • Singapore DBS Bank Limited Full time

    Job DescriptionWe are seeking a highly skilled and detail-oriented Reconciliation Specialist to join our team at DBS Bank Limited.About the RoleThis is an exciting opportunity for a motivated individual to assist in the day-to-day reconciliations activities and conduct first-level investigations on nostro breaks.Main Responsibilities:To have a deep...


  • Singapore DBS BANK LTD. Full time

    Job OverviewDBS Bank Ltd. is seeking a highly skilled Financial Reconciliation Specialist to join our team in Group Operations COO. As a key member of our Nostro Reconciliation unit, you will play a vital role in ensuring the accuracy and timeliness of nostro reconciliations, driving process improvements, and collaborating with stakeholders to enhance...


  • Singapore Indosuez Wealth Management Full time

    Indosuez Wealth Management is a leader in outsourced banking services. Our integrated solutions and quality services enable our clients to focus on executing their strategy, reducing operational cost and improving operational risk.We are seeking a Senior Cash Account Reconciliation Specialist to join our Asia Operations team. The successful candidate will be...


  • Singapore DBS Bank Full time

    About the RoleThis position is part of the DBS Asia Hub team, responsible for nostro reconciliation and Business Management Support. The main focus is to assist in day-to-day reconciliations and conduct first-level investigations on nostro breaks.


  • Singapore DBS Bank Limited Full time

    Job SummaryWe are seeking an experienced Senior Nostro Operations Specialist to join our team at DBS Bank Limited. This is a unique opportunity to leverage your skills in banking operations and contribute to the success of our organization.


  • Singapore DBS Bank Limited Full time

    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...


  • Singapore DBS Bank Limited Full time

    DBS Bank Limited is seeking a highly skilled Banking Operations Specialist to join its Nostro Accounts Reconciliation team. This role will play a critical part in ensuring the smooth operation of nostro reconciliation processes and procedures.Job OverviewIn this position, you will be responsible for assisting the team manager with day-to-day reconciliations...


  • Singapore HAYS SPECIALIST RECRUITMENT PTE. LTD. Full time

    About the RoleEstimated Salary: SGD 60,000 - SGD 80,000 per annum.We are seeking a skilled FX Trade Support Specialist to join our team in Singapore. As a key member of our middle office operations, you will be responsible for managing FX, money market, NDF, and OTC derivative transactions.Your primary focus will be on performing settlement matching,...


  • Singapore The Resolute Hunter Pte Ltd. Full time

    *Seeking an Accountant with a minimum of 3 years of banking experience handling financial reporting and nostro reconciliation.*THE COMPANY This bank is reputable and established. With their current business trajectory, they are expanding their operations and currently seek an Accountant to be part of their Finance team. JOB RESPONSIBILITIES Handle Financial...