Analyst, Nostro Reconciliation, Group Operations COO

1 week ago


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 partners through our multiple banking delivery channels.?
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 perform the day-to-day reconciliations activities and conduct first level investigation on nostro breaks.
Responsibilities

  • To have understanding on 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.
  • To engage stakeholders pro-actively 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
  • Performs the monthly General Ledger Attestation (GLAO) ownership process.
  • Handling of ad hoc tasks when required
Requirements

  • Min 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 will be highly beneficial.
  • Ability to collect and analyse data 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.
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.

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