Associate / Senior Associate, Operations, Account Services, Instutional Banking Group Job at DBS Bank Ltd, India

  • DBS Bank Ltd
  • India

Job Description

Business Function

Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards

Responsibilities
  • Poses good knowledge about RBI KYC & SEBI guideline and documentation of Corporate and individual accounts opening including BANK , NBFC and FIG customer.
  • Adhere to the CDD RBI & SEBI circulars, CDD Standards & India LKYC guidelines towards scrutiny of Customer Due
  • Diligence while Onboarding/ReKYC/Trigger BCAP
  • Active engagement with internal /concurrent/QA audit teams.
  • Co-ordinate/Follow up/ Track Audit issues and help to complete/close the same.
  • Ensure all the audit issues are closed/completed within the agreed timelines.
  • Ensuring Clean Audit report - Resolving issues in timely manner with satisfactory evidence and no overdue
  • Name Screening & sanction alerts within TAT & also do periodic review of clients.
  • Timely Closure of Batch & Sanction Alerts
  • Qualitative Analysis of Batch Screening & timely submission of the same
  • Periodic Review of Clients
  • Advisory role for BU wrt KYC Queries Resolution
  • Providing resolution regarding KYC/CDD related queries that the BU may have at the time of onboarding.
  • Reducing in rework rate & TAT of account opening
  • Regular Training RMs & Makers
  • Review & modify processes for CDD Scrutiny in line with changes in regulatory processes
  • Supporting CDD Centralization
  • Training CDD Making Team with regards to the requirements of BCAP
  • Help in creating repository for BU & CDD Checking team to refer wrt CDD.
  • UATs for enhancements
  • Should be well versed with Liability Products
  • Should poses good Knowledge of FATCA/CRS guidelines
  • Poses good knowledge of various defaulters database and their impact. e.g. RBI Caution list / Black list /Lexis Nexis
  • Compliance and adherence of internal and external regulations
  • Reviews a list of high-risk KYC processes and tracks the quality
Requirements
  • Minimum 6 to 10 years of experience in a similar role within the banking or financial services industry
  • Strong attention to detail and ability to work accurately under pressure
  • Excellent communication and interpersonal skills to interact with clients and internal stakeholders
  • Proficient in the use of relevant banking systems and software applications
  • Ability to work collaboratively in a team environment and adapt to changing priorities
  • Demonstrated problem-solving and analytical skills to identify and resolve operational issues
Core Competencies
  • Understanding of the documents needed for On-boarding/ReKYC in accordance with RBI’s Circulars for the different types of Legal Entities..
  • Screening of CDD for On-boarding & ReKYC.
  • Possess understanding for review of Politically Exposed Person (PEP) & Sanction Exposure.
  • Exposure of Finacle system.
  • Should possess good problem solving skill and business orientation.
Technical Competencies
  • Good exposure of Finacle
  • Experience in handling UATs.
  • Knowledge of Excel, Word & Power-point
Work Relationship
  • Being a Team player & self-motivated person.
  • Growth Oriented
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

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.

Location:

Mumbai

Job:

Operations

Schedule:

Regular

Employee Status:

Full time

Job Tags

Full time, Flexible hours

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