Associate, Specialist, Operations, Gen Ops-GFM, Technology and Operations at DBS Bank

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

06 Sep, 26

Salary

0.0

Posted On

08 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Corporate FX Processing, Derivative Trades, RBI Guidelines, Risk Management, Hedging, Trade Reconciliation, Deal Confirmation, CCIL Platform, MIS Preparation, Treasury Products, MS Excel, MS Word, Stakeholder Management, Regulatory Reporting, STP, Digital Strategy

Industry

Banking

Description

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. Requirements Job Purpose Handling processing of Corporate FX desk with knowledge of underlying documentation of Corporate Foreign Exchange / Derivative trades with thorough knowledge of latest RBI Guidelines on Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk. Key Accountabilities Basic understanding of the Fx Market and the latest RBI regulations Follow up, Review and records maintenance follow up for underlying and deal confirmation documentation for FX forward trades Day to day processing of trades for GFM Ops Ensuring reconciliation of trades booked in the core system with the upstream booking source Ensure timely delivery of deal confirmation to clients Tele affirmation of trades with the customers and reporting and reconciliation of deals to CCIL platform Timely and accurate data to concurrent audit/ other audits as well as regular and ad hoc MIS preparation Monitoring of Suspense accounts and liaising with other internal stakeholders. Liaising with Front office/ customers for any discrepancies. Job Duties & responsibilities Operations Delivery MIS & Reconciliation Regulatory Reporting Support GFMO deliverables. Required Experience 7-8 year experience in handling underlying documents for FX/Derivatives deals in operations of bank. Thorough understanding of RBI Circular on Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk. Education / Preferred Qualifications Graduation Degree. Professional qualifications like MBA(Finance), MCOM would be added advantage. Core Competencies Product and working knowledge of Treasury Products, Underlying Documents, RBI Circulars, and operations. A team-player, able to work under tight deadlines and manage multiple concurrent tasks. Good communication skills Technical Competencies Develop recommendations for continuous improvement and support STP and digital strategy for the bank. Good command over MS Excel, MS WORD etc Work Relationship Manage stakeholders across Operations, customers, and business within given timelines. Location: Mumbai Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Responsible for processing Corporate FX and Derivative trades while ensuring compliance with RBI guidelines on risk management and hedging. Key duties include trade reconciliation, deal confirmation delivery, and managing reporting for the CCIL platform.