DBS Bank Operations Reconciliation Specialist

6 hours ago


Singapore DBS Bank Limited Full time
Job Description

We are seeking a highly skilled and detail-oriented Reconciliation Specialist to join our team at DBS Bank Limited.

About the Role

This 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 understanding of nostro reconciliation processes and principles.
  • Ensure daily Service Level Agreements (SLAs) are met.
  • Act as the central point of contact for BAU escalation and nostro reconciliation inquiries, ensuring break resolution within reasonable timelines independently.
  • To engage stakeholders proactively on nostro reconciliation matters and provide support when 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 discussions, 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 analyze 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 an audience of senior-level professionals.
Estimated Salary

$80,000 - $110,000 per annum, depending on experience and qualifications.

Why Join Us?

At DBS Bank Limited, we offer a dynamic and challenging work environment with opportunities for career growth and development. We are committed to providing excellent customer service and continuously improving our processes to meet the evolving needs of our customers.



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