Discover your dream Career
For Recruiters

Senior Associate/Associate, Nostro Reconciliation & Investigation, Ops COO, Technology & Operations

DBS Bank Limited Singapore
Posted 1 day ago Permanent Competitive
Senior Associate/Associate, Nostro Reconciliation & Investigation, Ops COO, Technology & Operations
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.


  • Perform reconciliation of GL and sources from internal and external systems for consumer banking business
  • Process matching instructions provided by Business units timely
  • Investigate outstanding items in Nostro accounts and follow-up with Nostro agent banks for further details via SWIFT or emails
  • Work closely with Business & support Units to resolve outstanding Nostro breaks
  • Manage the Unable to apply fund process, follow up with Support/Business units on fund application and perform return of unapplied funds via SWIFT as per stipulated guidelines
  • Provide first level of GL Account Ownership signoff process. Ensure accurate categorising of aged breaks as per GLAO guideline
  • Ensure all reconciliation are completed within agreed SLA timelines daily
  • Update and maintain SOP on procedures changes
  • Drive training and ensure adequacy of duties coverage
  • Review daily processes and highlight areas of potential control gaps to team leader
  • Drive projects / initiatives to improve efficiency through automation
  • Work on process improvements and streamlining of processes
  • Propose auto-matching rules to BU/SU
  • Degree holder
  • At least 5 years' experience in operations with good understanding of Nostro reconciliation & investigation processes
  • Good analytical, problem solving and decision making skills
  • Able to independently engage Support & Business Unit on reconciliation matters as well as to escalate and articulate issues and proposed resolutions
  • Knowledge of STLM will be highly beneficial
  • Proficient in Microsoft Office
Job ID  WD51272
More Jobs From DBS Bank Limited
DBS Bank Limited
Senior Associate, Corporate Actions, Wealth Management Ops, Technology & Operations
DBS Bank Limited
2 days ago Full time Competitive
DBS Bank Limited
AVP / Senior Associate, Fund Management Support, Treasury & Markets COO-Office
DBS Bank Limited
1 day ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This