AVP/Senior Associate, Overseas Product Control, Group Finance

  • Competitive
  • Singapore
  • Permanent, Full time
  • DBS Bank Limited
  • 18 Nov 17 2017-11-18

See job description for details


Business Function

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

The bank is also a certified Accredited Training Organisation (ATO) for the Singapore Qualification Programme by the Singapore Accountancy Commission and an Association of Chartered Certified Accountants (ACCA) Approved Employer.

Responsibilities

  • Explain PL vis-à-vis FO business activities and market environment.
  • Identify anomalies in PL data points from day-to-day control process and query FO.
  • Daily PL report production, and PL attribution and analysis.
  • Daily commentary on significant PL movement.
  • Monitoring of New Deals, Late Deals and Market Operations.
  • Review data used in Back-Testing of VaR.
  • Monitoring checks on transactions done at Off Market rates.
  • Exceptions monitoring on Reported PL vs Trader Estimates and breaches on threshold limits for unexplained PL attributions.
  • Monitoring daily cash adjustments in FO systems and manual entries in ledger.
  • Support Overseas entities desk on trade booking and PL issues.
  • Reconciliation of PL between Management reporting vs General Ledger.
  • Room wide and desk level Reserves computation.
  • Monthly commentaries on the significant MTD PL drivers.
  • Reporting of Key Risk and Performance Indicators for OVS desk.
  • Banking Book PL reporting and commentary for Unrealized PL and Amortization.
  • Streamline workflows to enhance operational efficiency within the team.
  • Review control processes for gaps.
  • Handle ad-hoc queries from Front Office, Risk Management Group, Operations and/or Group Finance.
  • Actively participate in systems implementation/enhancement projects UAT testing.


Requirements
  • Bachelor degree in Accounting or Banking & Finance.
  • 4 to 6 years of experience in Banking Finance, Audit or Product Control function.
  • Knowledge of Treasury products and Vanilla Derivatives.
  • Proficient in Microsoft Office, particularly Microsoft Excel.
  • Strong team player.
  • Based at Changi Business Park.


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.