Team Lead, Regulatory Reporting, Technology and Operations

Team Lead, Regulatory Reporting, Technology and Operations

DBS
10-12 years
Not Specified

Job Description


Business Function
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
  • The candidate would be responsible for ensuring reconciliations of various suspense, asset and liability accounts whilst ensuring the said tasks are carried out in a timely and precise manner.
  • The candidate needs to be conversant with the applicable regulations, and ensure the regulatory reporting's being performed are carried out in a comprehensive manner to ensure that the control environment is robust.
  • Needs to identify the risk & control issues through continuous monitoring and data analytics.
  • The said candidate needs to collaborate with various stake holders on matter of reconciliation methodology, regulatory reporting, and control aspects for seamless functioning of the unit. To identify areas of risk and control and work with units to ensure the same are minimized.
  • Excellent communication skills along with in depth analytical skill is mandatory.

Key Responsibilities & Accountabilities
  • General Ledger substantiation & certifications of the Balance Sheet accounts and highlighting breaks if any in line with the defined policies of the bank.
  • Responsible for carrying out Daily reconciliation of suspense & clearing accounts in a timely and accurate manner whilst identifying breaks.
  • Ensure Regulatory reporting's are carried out in a timely and accurate manner.
  • Sound understanding of local laws and regulation applicable to the reporting entity.
  • Highlighting risks if any which are identified as a part of performing reconciliations and necessary regulatory reporting's.
  • Resolution of the gaps identified by carrying out a root cause analysis & ensuring a permanent fix is put in place.
  • Carry out an impact assessment and ensure items which can have an impact by way of introduction of a New Product launch are highlighted.
  • Identifying areas wherein manual efforts are being carried out and work towards automation of the same.
  • To supervise various process reviews and collaborate with units to ensure risk is mitigated in operational processes.
  • Guide and help Operations units and branches by resolving their queries pertain to processes and accounts.
  • Liaison with Regional counterparts for implementation of best risk practices
  • Perform thematic reviews to identify gaps and advise solutions to mitigate the gaps.

Experience
Essential
  • Prior experience in in handling Reconciliation / Regulatory reporting / Governance & Control team.

Desirable
  • Experience of min 10-12 years in any of the above listed functions.
  • Experience in conduction UAT's and having experience of leading projects on automation.
  • Working knowledge of Payment Operations & Trade.

Core Competencies
  • Strong planning, organizational and analytical skills
  • Attention to detail and accuracy
  • Effective problem-solving skills
  • Computer literate, with a good understanding of Microsoft Excel & Power point.
  • Able to work independently with strong teamwork values
  • Good inter-personal and communication skills

Work Relationship
Collaboration with all units of the bank and working in a cohesive manner
Risk Management & Subject Matter Knowledge
  • Regulatory guidelines (RBI & other local regulatory/statutory bodies)
  • In depth knowledge of guidelines around Trade Operations and/or Payment operations
India-Maharashtra-Mumbai

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