Analyst, Business Management Support, Operations COO (Nostro Reconciliation Unit), Group Operations

300005 Chief Executive's Office_00002555; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is seeking an Analyst for Business Management Support in the Operations COO (Nostro Reconciliation Unit). The role includes managing reconciliation systems and driving productivity through automation. Candidates should have at least 2 years of experience in Banking Operations or Technology, with familiarity in SmartStream TLM being preferred. Applicants are expected to possess a Bachelor's Degree in Engineering, Business, or Finance, and strong analytical and stakeholder management skills. A competitive salary and benefits are offered.

Benefits

Competitive salary and benefits

Dynamic work environment

Qualifications

• Minimum 2 years of experience in Banking Operations or Technology.
• Experience in managing SmartStream TLM or other reconciliation systems is preferred.
• Ability to make recommendations based on information analysis.

Responsibilities

• Manage reconciliation systems and oversee operational processes.
• Develop and implement automated reconciliation rules.
• Participate in projects related to system changes and testing.

Skills

Information analysis

Stakeholder management

MS Office

SQL

Python

Education

Bachelor's Degree in Engineering / Business / Finance

Tools

SmartStream TLM

Reconciliation systems

Job description

Job Description - Analyst, Business Management Support, Operations COO (Nostro Reconciliation Unit), Group Operations (WD71479)

Analyst, Business Management Support, Operations COO (Nostro Reconciliation Unit), Group Operations - ( WD71479 )

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.

Ops COO – Nostro Recon Unit is the nostro reconciliation hub for DBS group. The unit has two main functions: Nostro accounts reconciliation & the Business Management Support (BMS) that manages static data, feeds processes and production of daily MIS.

Responsibilities

Daily Operations Duties

• Manage and maintain reconciliation system, including but not limited to static data updates, statement data upload and upstream data feeds monitoring.
• Ensure timely receipt and validation of message feeds, addressing exceptions and resolving issues promptly.
• Oversee the timely generation of scheduled MIS reports.
• Analyse, develop, test, and implement automated reconciliation rules to drive reconciliation productivity.
• Proactively identify, elevate, and resolve exceptions, errors, and abnormal issues during daily processing.
• Provide prompt response to inquiries from internal and external stakeholders especially on account onboarding and MIS related matters.
• Develop a strong understanding of recon data workflows and office systems, proposing improvements to reduce operational risks and enhance productivity.
• Prepare and deliver weekly/monthly nostro breaks escalation reports to senior management.
• Conduct monthly validation on account interests, service charges, and general ledger (GL) attestation activities.

Project Management Duties

• Participate in projects involving upstream system changes/new business initiatives, analyse reconciliation requirements, support various testing cycles and testing outcome analysis.
• Collaborate with project teams to address issues identified during testing and liaise with stakeholders when necessary.

Key Accountabilities

• Process re‑engineering achieving standardization and improvement in controls.
• Enhancement of auto matching rules to achieve productivity.
• Ability to work well with stakeholders across different business and countries.
• Oversee daily production activities and assigned project work independently.

Requirements

• Bachelor's Degree in Engineering / Business / Finance, or equivalent.
• Minimum 2 years of working experience in Banking Operations or Technology. Experience in managing SmartStream TLM system or other reconciliation systems will be highly beneficial.
• Ability to collect and analyse information and make recommendations.
• Must be of sufficient maturity and experience to be able to independently engage Tech Support & Business Unit on BAU matters as well as to escape and articulate issues and proposed resolutions.
• Good command of software skills, MS Office etc. Knowledge of SQL, Python will be beneficial.

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.

Primary Location

Full-time

Schedule

Regular

Employee Status

Full-time

Job Posting

Jan 24, 2025, 12:00:00 AM