Job Description

Business Function Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services. The bank is also a certified Accredited Training Organisation (ATO) for the Singapore Qualification Programme by the Singapore Accountancy Commission and an Association of Chartered Certified Accountants (ACCA) Approved Employer. Job Scope Within CT, the Corporate Structuring team supports the CFO and Corporate Treasurer in the development and execution of top-of-the house initiatives and strategies for value creation. This role provides an opportunity to work on planning/structuring and execution of transactions to achieve an optimal corporate structure (from various perspectives, for e.g. capital, accounting, tax), and involves detailed analysis and preparation of materials to support regulatory engagement, Board decision-making, senior management committees and business-specific working groups. Responsibilities

• Originate, research and conduct supporting analysis for different corporate structuring strategies for the Group in order to identify opportunities to better align accounting/tax/capital with firm strategies and initiatives
• Able to lead projects / co-ordination and execution of complex transactions (capital/wholesale funding):

• Ensuring proper analysis of risks/ consequences of transactions (from a legal/ tax/ capital/ accounting/ booking model) and all necessary operational aspects are clearly considered and executed
• Support documentation and manage key internal stakeholders during the approval process for new initiatives
• Collaborate with various teams/functions within the Bank in ensuring end-to-end process of project is covered

• Lead team of 2 junior team members within CT and manage stakeholders within the Bank with respect to end-to-end execution of ad-hoc projects as required of the Corporate Structuring team
• Transactions and corporate structuring advisory – planning and implementation
• Accounting structuring – deep knowledge of IFRS 9 and hedge accounting
• Product structuring – knowledge of banking products and structures (pricing/ structuring of hedges)
• Strategy formulation and financial modelling (e.g. performing financial analyses to assess consequences of specific transactions)
• Consulting and planning (for e.g. analyzing proposed transactions for risks from an accounting/tax/ capital)
• Due diligence

Requirements

• University degree in Business, Accounting, Economics or Finance. Open to other disciplines (e.g. Engineering) if have relevant experience in banking industry. CFA or CA would be looked upon favourably
• Strong technical knowledge and willingness to expand this continuously: Accounting (IFRS)/ corporate structuring skills
• Demonstrates first-principles thinking when engaging senior leaders on ambiguous problems
• Executes a hypothesis driven approach to problem solving; reasons through underlying issues; anticipates likely points of controversy and escalates as appropriate
• Ensures high quality, detailed and accurate analysis
• Attention to detail is critical yet versatile enough, to able to structure bespoke often-times complex transactions
• Able to summarize complex analysis and draw out meaningful insights and conclusions
• Solid understanding of IFRS/ tax/ corporate structures
• Proficiency in Microsoft Office (Powerpoint, Excel, Word)

Thought Leadership

• Thinks ‘outside the box’ with recommendations and findings that add value
• Leverages knowledge and experience to adjust and adapt as situations / work evolves
• Develops / sources / shares market / industry knowledge

Drive & flexibility

• Self-starter with exceptionally high levels of energy, commitment and focus
• Willing and capable to adapt quickly to changes in regulatory environment, and willing to expand knowledge (in accounting/tax/regulatory space)
• Strong ability to work in ambiguous situations and quickly adapts to changes in priorities
• Strong focus on self and team learning and development

Work structure and management

• Able to lead team and can works independently with minimal guidance; sets priorities and manages own time / work-life balance to meet deadlines
• Able to organize and lead complex transactions/ initiatives end-to-end
• Provides progress updates and offers solutions to address obstacles /issues

Communication

• Confident and outgoing personality needed to liaise with various internal stakeholders throughout the bank and external advisors
• Shows creativity in displaying / documenting research and analyses
• Delivers presentable reports / documents that are logical and well structured
• Communicates ideas, conclusions and recommendations clearly and concisely

Teamwork

• Establishes rapport and trust to build strong stakeholder relationships
• Contributes own time to help above beyond own scope of work; collaborates exceptionally across teams

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.
Primary Location: Singapore-DBS Asia Central Job: Corporate Treasury Schedule: Regular Employee Status: Full-time : Job Posting: Jun 9, 2022, 11:10:38 PM