Associate/senior Associate, Nostro Reconciliation Team, Ops Coo

5 days ago


Singapore DBS Bank Full time

Business FunctionOps 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 activities and conduct first level investigation on nostro breaks.Responsibilities* To have deep understanding on 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 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* 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 requiredRequirements* Degree holder preferably in Accounting but other disciplines are welcome to apply.* Minimum 5 years of working experience in Banking Operations* Experience in Nostro reconciliation or operations, managing SmartStream TLM system or other reconciliation systems will be highly beneficial.* Ability to collect and analyse information and make recommendations to improve productivity.* Able to independently engage Support and 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.* Demonstrate leadership skills and an ability to grow and keep pace with rapid changes in the business.* Good command of software skills, MS Office/Excel etc.Apply NowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.en



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