AVP, Generalist, Business Management Support, Global Financial Markets

Job description

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