Operations Control and Reporting, Wealth Management Operations

DBS Bank Ltd; Hong Kong; On-site; HKD 420,000 - 750,000; Full time

Job summary

DBS Bank Ltd. in Hong Kong is seeking an Operations professional to join Group Technology and Operations. You will prepare regulatory reports, consolidate filings, and ensure accuracy of cash and stock reconciliations.

Responsibilities include daily/monthly GL reconciliations, risk training, and supporting change initiatives while upholding strict regulatory and internal controls. Fresh graduates are welcome to apply.

Qualifications

• University degree in Finance, Business Administration or relevant disciplines.
• Hands-on experience on securities settlement, reconciliation, control and reporting.
• Excellent knowledge on Investment products settlement including equities, fixed income, Unit Trust and structured products will be an advantage.
• Sound risk and control mindset.
• Ability to identify errors and ability to work under pressure.
• Self-motivated with ability to deal with multiple commitments / deadlines.
• Appropriate handling of sensitive information.
• Fresh Graduate will also be considered.

Responsibilities

• Prepare, check and coordinate various regulatory reports (CRS, FATCA, GSIB, HKMA return, etc.) and ensure data accuracy and timely submission.
• Prepare / consolidate regulatory reporting for the timely and accurate filing to internal parties for final submission to SFC/ HKMA / MAS.
• Check and review on reconciled cash and stock reconciliation to identify errors or breaks.
• Ensure daily and monthly reconciliation of General Ledger account balance are performed.
• Building risk awareness amongst staff by providing support and training within the Team.
• Assist Team Lead to implement various change initiatives and projects in terms of system and processing procedure by considering operation flows, markets, upcoming regulations and controls’ requirements.
• Liaise with business partners on user requirements, participating and monitoring the UAT status to ensure achieving project timeline.
• Ensure the daily operations to comply with external/regulatory and internal requirements and the bank’s risk management standards.
• Ensure SOPs are reviewed and updated regularly in order to comply with internal and external guidelines/regulations.
• Assist Team Lead to manage the team to meet Management (MTK) target.
• Assist Team Lead to conduct RCSA review, policy and compliance audits, which will include reviewing of internal workflow for the preparation of external and internal audit.

Skills

Securities settlement

Reconciliation

Control & reporting

Risk management

Attention to detail

Education

Bachelor's degree in Finance / Business Administration

Tools

Securities settlement systems

Job description

Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Key Responsibilities

• Prepare, check and coordinate various regulatory reports (CRS, FATCA, GSIB, HKMA return, etc.) and ensure data accuracy and timely submission

• Prepare / consolidate regulatory reporting for the timely and accurate filing to internal parties for final submission to SFC/ HKMA / MAS.

• Check and review on reconciled cash and stock reconciliation to identify errors or breaks

• Ensure daily and monthly reconciliation of General Ledger account balance are performed

• Building risk awareness amongst staff by providing support and training within the Team

• Assist Team Lead to implement various change initiatives and projects in terms of system and processing procedure by considering operation flows, markets, upcoming regulations and controls’ requirements

• Liaise with business partners on user requirements, participating and monitoring the UAT status to ensure achieving project timeline.

• Ensure the daily operations to comply with external/regulatory and internal requirements and the bank’s risk management standards

• Ensure SOPs are reviewed and updated regularly in order to comply with internal and external guidelines/regulations

• Assist Team Lead to manage the team to meet Management (MTK) target

• Assist Team Lead to conduct RCSA review, policy and compliance audits, which will include reviewing of internal workflow for the preparation of external and internal audit

Requirements

• University graduated in Finance, Business Administration or relevant disciplines

• Hands-on experience on securities settlement, reconciliation, control and reporting

• Excellent knowledge on Investment products settlement including equities, fixed income, Unit Trust and structured products will be an advantage

• Sound risk and control mindset

• Ability to identify errors and ability to work to under pressure

• Self-motivated with ability to deal with multiple commitments / deadlines

• Appropriate handling of sensitive information

• Fresh Graduate will also be considered

We regret only shortlisted candidates will be notified.

Location:

Two Harbour Square

Job:

Operations

Schedule:

Regular

Employee Status:

Full time