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Senior Associate/Associate, Advance Controls Team (ACT), Global Financial Market Operations (GFMO), Group COO

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This job is for a Senior Associate on the Advance Controls Team in Global Financial Markets. You might like this job because it involves problem-solving, working with diverse teams, and enhancing control processes in a fast-paced banking environment.

Undisclosed

Singapore-DBS Asia Gateway, Central

Job Description

 

Business Function

Group Operations 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 Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

GFM Operations - GFM Ops operates as a Regional Processing Centre (Hub & Spoke) supporting GFM businesses in the region. The hub and spoke model allow GFM business to scale up while remaining agile in product and service offerings in the fast, evolving market environment. As GFM business expands product offerings in the region coupled with the dynamic regulatory environment, GFM Ops leverages on this unique advantage to continue to standardize processes to manage processing risk and to facilitate automation as well as governance of service level and quality.

 

Responsibilities

The role involves comprehensive risk and operational control functions within GFMO:

  • Acting as a “Catch All” for exceptions involving unreconciled items such as day-end payment completeness, trade validation, outgoing swift messages, and failed trade monitoring, ensuring all items are accounted for with ownership and resolution follow-up.
  • Serving as the central governing party for GFMO, coordinating and reviewing risk metrics reporting to ensure timely and accurate monthly reports, and escalating repeated Key Risk Indicator (KRI) breaches to management.
  • Updating risk assessment results, KRIs, and risk incident records in the bank-wide repository to support timely risk reporting to internal and external stakeholders.
  • Supporting and executing operational risk reviews across GFMO to ensure adherence to the bank’s standards.
  • Monitoring traders trending behaviours for Market Operation events on trades – like cancellation and reissuance, backdated via the Dealer Metrics Workflow Tool (DMWT), ensuring reviews and approvals by Trading Desk Heads as part of trade surveillance.
  • Providing location oversight to promote control and process standardization across GFMO operations.
  • Proactively identifying opportunities for control and process improvements, collaborating with process owners and location operations to implement sustainable solutions.
  • Partnering with diverse stakeholders including Audit, Finance, Operations COO Risk, Risk Management Group, GFM COO, and GFMO Location Operations to drive bank-wide risk management initiatives and reviews.

 

Requirements

  • Bachelor’s degree or equivalent qualification with minimum of 2-3 years relevant working experience and strong proficiency in Microsoft Office.
  • Relevant knowledge or experience with Global Financial Markets products and end-to-end operational processes throughout a trade lifecycle.
  • Critical thinking and problem-solving skills, with a good risk and control mindset to identify and challenge gaps in controls or processes and recommend effective solutions or remediation plans.
  • Experience in risk management, exposure to risk and control processes, and cross-department collaboration are advantageous.
  • Strong team player with effective verbal and written communication skills for collaboration with stakeholders.
  • Self-starter with proactive initiative and reliability to complete tasks and achieve goals.
  • Ability to multitask, work well under pressure, meet deadlines, and prioritize effectively.
  • Good stakeholder management skills and a collaborative mindset.

 

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.

 


Job Requirements


Company Benefits

Comprehensive Medical Benefits

We provide a variety of medical coverage for our employees.

Low Interest Rate Loans

We give low interest rates for our employees!

FlexiBenefits

We provide FlexiBenefits for our employees to ensure their work-life balance!


Additional Info

Experience Level

0 - 10 Years of Experience

Job Specialisation


Company Profile

DBS Bank-logo-image

DBS Bank

OUR ROOTS AS A DIFFERENT KIND OF BANK Born with a mission unlike any other, we were founded with a unique purpose to help develop a young nation. Since then, we've grown alongside Singapore to become Best Bank in the World. Be it our successes or war stories, the untold moments or widely-celebrated ones, or the bonds we've built within and beyond our bank — here, we aim to preserve these memories that capture who we...
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