DBS Bank | Senior Associate/ Associate, Central Risk Team

4 days ago


Singapore DBS Bank Full time

Senior Associate/ Associate, Central Risk Team - Advance Controls Team (ACT), Global Financial Markets Operations (GFMO), Group Operations-(WD69164)
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 partners through our multiple banking delivery channels.
Responsibilities
To perform "Catch All" for any exception on un-reconciled items e.g. day-end payment completeness, Trade pending validation, outgoing free format swift (MTX99), failed trade monitoring/reporting etc. to ensure all items are accounted for and with ownership and actions. Follow-up with respective for resolution and escalate, if necessary.
Acts as the central governing party for GFMO:
Coordinate and review risk metrics reporting for GFMO to ensure timeliness and accuracy in the monthly reporting process and escalates consecutive Key Risk Indicators (KRI) breaches to GFMO management team.
Perform updates on risk assessment results, KRIs and risk incident records in bank wide repository system to enable timely risk reporting to internal and external stakeholders.
Supports and executes operational risk reviews across GFMO to ensure the department’s adherence to bank’s standard requirements.
Monitors trade cancellation and reissuance events in Dealer Metrics Workflow Tool (“DMWT”) and ensure all events are being reviewed and approved by respective Trading Desk Head as part of trade surveillance.
Provides location oversight and support to drive control/process standardization to the GFMO location operations.
Proactively identifies opportunities for control/process improvements and collaborates with relevant process/control owners/GFMO location operations to implement strategic and sustainable solutions.
Partner and collaborate with diverse group of stakeholders from various functions i.e. Audit, Finance, Operations COO Risk, Risk Management Group, GFM COO and GFMO Location Operations to drive and deliver bank-wide risk management initiatives and reviews.
Requirements
Bachelor's Degree or equivalent qualification with minimum 3-5 years of relevant knowledge or work experience on Global Financial Markets Products and end-to-end Ops processes throughout a trade life cycle.
Familiar with Bank’s Treasury systems: Murex, Front Arena, TZ, TRAX etc.
Relevant work experience in risk management, exposure to risk & control process and cross-department collaboration will be an advantage.
Exhibits critical thinking skills and a problem-solving mindset; able to think out-of-the-box with a good risk and control mindset to identify & challenge status quo/control or process gaps and recommend effective solutions or remediation plans.
Strong team player, good verbal and written communication skills for effective collaboration with stakeholders.
Self-starter who consistently demonstrates a proactive initiative and reliability to complete tasks and achieve goals.
Able to multi-task; work well under pressure and able to meet deadlines and prioritize effectively.
Good stakeholder management skills & collaborative mindset to work well with stakeholders.
Strong PC skills in Microsoft Office.
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.
Primary Location:
Singapore-DBS Asia Gateway
Job:
Risk Management
Schedule:
Regular
Employee Status:
Full-time
Job Posting:
Sep 13, 2024, 5:23:42 AM
#J-18808-Ljbffr



  • Singapore DBS Bank Full time

    Senior Associate/ Associate, Central Risk Team - Advance Controls Team (ACT), Global Financial Markets Operations (GFMO), Group Operations-(WD69164)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,...


  • Singapore DBS Bank Limited Full time

    Business Function DBS Institutional Banking Group provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing...


  • Singapore DBS Bank Limited Full time

    Senior Associate/ Associate, Central Risk Team - Advance Controls Team (ACT), Global Financial Markets Operations (GFMO), Group OperationsBusiness 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...


  • Singapore DBS Bank Limited Full time

    Associate/Senior Associate, Assistant Investment Counsellor, Private Banking, Consumer Banking GroupBusiness Function As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services,...


  • Singapore DBS Bank Limited Full time

    Business FunctionDBS Institutional Banking Group provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing...


  • Singapore DBS Bank Full time

    Corporate Treasury Job DescriptionDBS Bank's Corporate Treasury is a central function responsible for managing the bank's financial assets and liabilities. This role involves formulating and implementing strategies to achieve the Group's financial objectives within its risk tolerance and other constraints.About the RoleThis is an opportunity to work on...


  • Singapore DBS Bank Limited Full time

    Job SummaryRisk Management Professional needed for a 12-month contract at DBS Bank Limited to oversee operational risks associated with data and AI initiatives. Manage risk indicators, develop mitigation strategies and controls, and ensure effective collaboration across departments.


  • 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 DBS Bank Limited Full time

    About DBS Bank LimitedDBS Bank Limited is a leading financial institution that prioritizes risk management and compliance. We are seeking an experienced Risk Management Associate to join our team.Job DescriptionKey Responsibilities:Establish and oversee the implementation of policies, standards, and regional operational handbooks and governance.Collaborate...


  • Singapore DBS Bank Full time

    About DBS BankDBS Bank is one of the largest financial institutions in Asia, with a presence in 18 markets. Our bank prides itself on its customer-centric approach and commitment to innovation.Salary and BenefitsWe offer an attractive salary package that reflects our client's commitment to rewarding top talent. The estimated annual salary for this role is...


  • Singapore DBS Bank Limited Full time

    Job SummaryWe are seeking a skilled Climate Risk Manager to join our team at DBS Bank Limited. In this role, you will play a crucial part in managing the bank's climate risk and Net Zero agenda, focusing on the quantification, monitoring, and reporting of financed emissions against science-based targets.About UsDBS Bank Limited is a leading financial...


  • Singapore DBS Bank Limited Full time

    DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific....


  • Singapore DBS Bank Limited Full time

    Senior Associate, Digital Product Manager (Security & Fraud), Consumer Banking Group Senior Associate, Digital Product Manager (Security & Fraud), Consumer Banking Group Business Function As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the...


  • Singapore DBS Bank Full time

    Company Overview:DBS Bank is a leading player in treasury operations, offering a broad range of capabilities from trading to sales in various financial products. With an extensive network in Asia and growing Asian focused franchises, our specialists provide exceptional levels of services to clients investing and hedging in the global markets.Job...


  • Singapore DBS Bank Limited Full time

    Job OverviewWe are seeking a highly skilled Cybersecurity Risk Manager to join our team at DBS Bank Limited. As a key member of our risk management team, you will play a crucial role in identifying and mitigating cybersecurity risks that could impact our business.


  • Singapore DBS Bank Full time

    As a Customer Relations Team Lead at DBS Bank, you will play a pivotal role in ensuring the delivery of exceptional customer service standards across various touchpoints.DBS Bank is a leading financial institution in Singapore, and as part of our Group Technology and Operations team, we strive to provide an efficient, nimble, and resilient infrastructure...


  • Singapore DBS Bank Full time

    Job Description:We are seeking a highly experienced Credit Risk Review Specialist Leader to join our team at DBS Bank. As a key member of our Group Audit team, you will be responsible for leading risk-based independent credit risk reviews of various types of institutional banking counterparties.Responsibilities:Lead and conduct risk-based independent credit...


  • Singapore DBS Bank Limited Full time

    Senior Associate/Associate, Business Development Specialist, Globesend, Global Transaction Banking, Institutional Banking Group Business Function Global Transaction Services (GTS) is a product group focused on the management and sale of Cash Management, Trade Finance, and Securities & Fiduciary products and services to institutional clients. In GTS...


  • 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 Limited Full time

    Job DescriptionAt DBS Bank Limited, we are seeking an experienced Risk Management Professional to join our team. This role will be responsible for establishing and overseeing the implementation of the bank's policies, standards, and regional operational handbook and governance.We are looking for a collaborative individual who can engage with stakeholders to...