Associate, Specialist, Operational Risk Management, Corporate Banking

DBS Bank; Mumbai; On-site; INR 1,800,000 - 3,600,000; Full time

Job summary

DBS Bank in Mumbai seeks an experienced risk management auditor to join the internal audit team. You will support thematic reviews and independent checks to ensure risk and control processes are adequate and effective.

Role covers corporate lending, trade finance, digital channels, and KYC/AML controls. Requires CA/MBA Finance with 7–10 years of auditing experience; Big 4 exposure is a plus. Strong English communication and multitasking ability are essential.

Qualifications

• CA/MBA Finance with 7–10 years of auditing experience.
• Experience in Corporate lending, Trade Finance or Digital Channels.
• Knowledge of KYC/AML controls; Big 4 exposure is a plus.

Responsibilities

• Develop thematic review plans, scope, and objectives.
• Conduct thematic reviews to evaluate internal controls and risk management.
• Perform field work, including data analysis and testing of controls.
• Review credit and trade processes to ensure compliance with policies.
• Prepare reports summarizing findings and recommendations for management.
• Monitor implementation of recommendations and track corrective actions.
• Maintain comprehensive documentation and present to senior management.

Skills

Audit methodology

Analytical skills

Communication

Multi-tasking

Interpersonal skills

Education

CA/MBA Finance

Tools

CIA

ACAMS

CFE

CDCS

Job description

Job Purpose

• To assist IBG Management meet the strategic and operational objectives. Conduct independent checks to ensure that the Group’s risk and control processes are adequate and effective.

Key Accountabilities

• Nil High Risk and repeat Audit issues.
• Conduct thematic reviews on Policy, process, and Credit risk.
• Improve processes wherever required as an outcome of the Thematic reviews.

Job Duties & Responsibilities

• Develop thematic review plans, scope, and objectives.
• Conduct thematic reviews to evaluate the effectiveness of internal controls and risk management processes.
• Perform filed work, including data analysis, and testing of controls.
• Perform reviews on credit and operational including system process to ensure compliance with regulatory and internal policies and procedures.
• Prepare reports summarizing findings and recommendations for management.
• Monitor the implementation of recommendation and report on the status of corrective actions.
• Identify opportunities of process improvements and efficiencies.
• Work with various departments to implement best practices and enhance internal controls, wherever possible.
• Maintain comprehensive and accurate documentation of thematic reviews.
• Prepare reports and presentations for senior management.
• Keep abreast on the development of regulatory, industry and product developments.

Required Experience

• Qualified CA/MBA (full time) Finance from accredited institute with atleast 7 - 10 years of relevant auditing experience in Corporate lending, Trade Finance, Digital Channels, and/or with relevant GTS (Trade, custody & Cash) product and operations experience.
• Work experience with Big 4 Audit firm will be an added advantage.
• Strong understanding of Credit Processes, Trade Finance and KYC/AML Controls in the Banking industry.
• Candidate must have excellent written and verbal communication skills in English, can communicate with clarity, both orally and in writing, in a logical order and with a structured approach.
• Ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines.
• Auditing in Banking , Knowledge of Credit and Trade processes
• CIA, ACAMS, CFE, CDCS anyone will be an added advantage

Education / Preferred Qualification

• CA/MBA (full time) Finance from accredited institute with atleast 7 - 10 years of relevant auditing experience

Core Competencies

• Detail oriented
• Analytical Skill
• Audit
• Strong understanding of Credit Processes, Trade Finance and KYC/AML Controls
• Self Motivated
• Strong Interpersonal skills
• Ability to carry out Senior Management interactions independently

Technical Competencies

• Relevant auditing experience in Corporate lending, Trade Finance, Digital Channels, and/or with relevant GTS (Trade, custody & Cash) product and operations experience.
• Strong understanding of Credit Processes, Trade Finance and KYC/AML Controls in the Banking industry.
• CIA, ACAMS, CFE, CDCS anyone will be an added advantage

Work Relationship

• All Business Unit & Support Units, Legal, Compliance, Operational Risk, Credit and Operations. Additionally close coordination with group IBG COO office is required.

DBS India - Culture & Behaviors

DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:

• Demonstrate Business Performance through PRIDE 2.0 Value Based Propositions
• Ensure Customer Focus by Delighting Customers & Reduce Complaints
• Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
• Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement.
• Maintain the Highest Standards of Honesty and Integrity.

Location:

Mumbai

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time