Regulatory Reporting & Reconciliation Specialist

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

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.