DBS Bank Ltd

Associate/Senior Associate, Specialist - Product Control, Treasury & Markets, Group Finance

Recruiter
DBS Bank Ltd
Location
Singapore, Singapore
Salary
Competitive salary
Posted
27 Sep 2020
Closes
06 Oct 2020
Ref
WD14285
Job role
Treasury
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.

Responsibilities

o Perform the following Daily deliverables:

• Daily PL report production and PLdecomposition

• Provide commentary on significant PL driversand relating it to the business strategies of the desks

• Monitoring of New Deals, Late Deals andMarket Operations

• Monitoring checks for transactions done atOff Market rates and arrive at justifications/reasons for entering thesetransactions

• Exceptions monitoring on Reported PL vsTrader Estimates and breaches on threshold limits for unexplained PLattributions

o Perform the following Monthly routine tasks:

• Reconciliation of PL between Management reportingvs General Ledger

• GLAO certification on Balance Sheet accounts

• Room wide & Desk level Reservescomputation

• Significant MTD PL drivers

• Reporting of Key Risk and PerformanceIndicators for Interest Rate Derivatives/ Credit Derivatives desks

o Perform the following Ad-Hoc & Projectstasks:

• Streamline workflows to enhance operationalefficiency within the team

• Review control processes for gaps

• To be proficient in handling ad-hoc queriesfrom Front Office/RMG/TMO/Finance

• To assist in responding to internal andexternal audit requests for Credit/Commo desk.

Requirements:

• Degree holder in Accountancy or Business orFinance is preferred

• Minimum 1-2 years experience in Banking Financeor Product Control function

• Knowledge of derivatives and options ispreferred

• Proficient in Microsoft Office, particularly MicrosoftExcel

• Strong team player

• Strong control awareness and inquisitive mindset

• Ability to relate product control processeswith the business strategies and activities of the desk

Apply Now

We offer a competitive salary and benefits package and theprofessional advantages of a dynamic environment that supports your developmentand recognises your achievements.

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