AVP, Generalist, Business Management Support, Global Financial Markets

Business Function As a leader in treasury operations, DBS extends a broad range of capabilities in foreign exchange and derivatives, money market and securities trading, to corporations and financial institutions. DBS trades in a comprehensive product range, including foreign exchange, as well as interest rates and derivatives.

Global Financial Markets (GFM) provides total solutions to serve DBS clients' hedging and investment needs with a regional emphasis. We have a strong record in providing innovative wealth management solutions to our individual investors. We are a leader in SGD and regional products with an excellent, customer-driven research capability and with cutting-edge risk management technology and systems.

Responsibilities

• Assist with Financial reports:- Provide current/YTD GFM performance as against budget and forecast
• Provide feedback on monthly GFM performance, which cover both Income and Expenses
• Monitor monthly expense accrual and allocated expenses
• Closely monitor the process of any unusual transactions from the daily and monthly P&L, especially on the expenses side
• Assist GFM business growth by providing support on new products and initiatives:- Familiar with products
• Familiar with relevant regulation
• Familiar with system
• Assist GFM business with new product development; e.g: NPA requirements
• BU/SU relationship:- Ensure efficient inter department communication
• Efficient NPA process
• Compliancy:- Provide support to Ops. Risk Unit to ensure all front office documentation (e.g: RCSA/Risk and Control Self Assessment) are completed and reviewed
• Ensure responsible parties take corrective actions to close gaps in RCSA properly
• Assist to create productive working environment between Business/Support Units
• Familiar with internal and external regulatory requirements
• Assist with monitoring Gaps and Control:- Risk controls and awareness in GFM respective areas
• Review and enforce enhancement in GFM process
• Ensure agreed action plans to implement corrective actions are followed up promptly
• Abide by the procedures in doing all activities to support the department in achieving good audit rating
• Engage audit/relevant party in situations where there are constraints in meeting due dates
• Report and follow up risk event accordingly
• To be AML champion for the team
• SOP/SLA:- Regular review and update to GFM SOP/SLA
• Continue to enhance process Requirements:
• Education- Knowledge in Finance and Accounting especially on Treasury related products
• Core Competencies- Basic Finance/Accounting
• Writing and communication skills
• Willing to learn about Finance and Treasury product and regulation
• Friendly, open minded
• Technical Competencies- Knowledgeable in FX market and Treasury products.
• Good accounting and finance knowledge,
• Awareness of the market conditions and updated with market regulations
• Good communication skill 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. Location: Capital Place Branch Job: COO Office/Business Mgt & Support Schedule: Regular Employee Status: Full time