Regulatory Reporting – DBS Opening

Job Description:

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.

Job Responsibilities:

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

Job Requirements:

• 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

Qualification & Experience:

• 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.

Job Details:

Company: DBS Bank

Vacancy Type: Full Time

Job Functions: Other

Job Location: Visakhapatnam, Andhra Pradesh, IN

Application Deadline: N/A

jobzhut.net