Nostro Reconciliation Specialist, Group Operations COO

3 weeks ago


Singapore DBS Bank Limited Full time
Company Overview

DBS 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 to delight our business partners through multiple banking delivery channels.

Job Description

The Nostro Reconciliation Specialist, Ops COO - NRU unit is the nostro reconciliation hub for DBS group. The role focuses on performing day-to-day reconciliations activities and conducting first-level investigations on nostro breaks.

  • To 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 breaks 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.
Required Skills and Qualifications

A minimum of 3 years of relevant working experience in Banking Operations, preferably with experience in nostro reconciliation or banking operations using SmartStream TLM system or other reconciliation systems.

Ability to collect and analyze data, make recommendations, and effectively communicate with stakeholders.

Strong written, spoken, and listening skills, with effective presentation skills to engage senior-level professionals.

Benefits

We offer a competitive salary, ranging from SGD $60,000 to SGD $80,000 per annum, depending on experience.

A comprehensive benefits package, including medical insurance, retirement plans, and opportunities for professional development.



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