DBS Bank India | Senior Officer, Specialist, Operations, Shared Services-Reconciliation, Technology and Operations

Responsibilities

• As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS.
• Ensure timely and precise reconciliation of various suspense, asset, and liability accounts.
• Investigate, track, and resolve outstanding reconciliation breaks and exceptions in a timely manner by collaborating with relevant internal stakeholders.
• Prepare and submit comprehensive regulatory reports in strict compliance with applicable regulatory guidelines and timelines.
• Maintain a robust control environment by adhering to internal risk management policies, operating procedures, and external compliance standards.
• Support internal and external audit reviews by providing necessary documentation and evidence related to reconciliation and investment operations.
• Identify opportunities for process optimization, risk mitigation, and automation within the shared services reconciliation workflow.

Requirements

• Proven experience in banking operations, specifically within reconciliation, investment operations, or shared services.
• Strong understanding of suspense, asset, and liability account structures and reconciliation methodologies.
• Sound knowledge of applicable financial regulations and regulatory reporting frameworks.
• Excellent analytical, problem-solving, and investigation skills with high attention to detail and accuracy.
• Proficiency in reconciliation systems, banking platforms, and advanced spreadsheet applications.
• Ability to work effectively under tight deadlines in a dynamic, fast-paced environment.

DBS Bank India

DBS Bank India Limited is the Indian arm of DBS Group of Singapore, one of Asia's largest banks. DBS opened its first Indian office in Mumbai in 1994 and was among the first large foreign banks to operate in India as a wholly owned, locally incorporated subsidiary. After the amalgamation of Lakshmi Vilas Bank in November 2020, it serves customers through branches in around 19 states.

For finance professionals, DBS hires across consumer banking, institutional banking, treasury and markets, finance and controllership, risk, internal audit and compliance. CA, CFA and MBA (Finance) profiles suit its credit analysis, relationship management, regulatory reporting and audit roles.

• Industry: Banking
• Headquarters: Mumbai, India (parent: DBS Group, Singapore)
• In India: Branches across around 19 states, with large technology and operations hubs in Hyderabad and Chennai