Wednesday , March 3 2021

Regulatory Reporting – DBS Opening

Website DBS Bank

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

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