Associate/ Senior Associate, Nostro Accounts Reconciliation, Operations Coo

Singapore, Singapore

Job Description


Job PurposeOps COO \xe2\x80\x93 NRU unit is the nostro reconciliation hub for DBS group. The unit has twofunctions:- Nostro account reconciliation & the Business Management Support (BMS) thatmanages 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 reconciliationsactivities and conduct first level investigation on nostro breaks.Job 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 required
Requirements:
  • Minimum 3-5 years of working experience in Banking Operations.
  • Experience in nostro reconciliation or banking operations, managing SmartStream TLM system or other reconciliation systems will be highly beneficial.
  • Ability to collect and analyse information and make recommendations.
  • Able to independently engage Support & 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.

DBS Bank

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Job Detail

  • Job Id
    JD1477666
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned