Officer, Specialist, Operations, Trns Svcs-Treasury/Cash Mgmt, Corporate Banking, Technology and Operations - Mumbai, India - DBS Bank

DBS Bank Mumbai, India

3 days ago

Description

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.

Job Purpose

To handle foreign inward remittances received by DBS for various customers

Key Accountabilities

To ensure inward remittances are credited basis FEMA regulation

Creation of relateds FIRC and IRM

Job Duties & Responsibilities

Daily processing of FCY inwards

To prepare multiple reports like R-return, Cross Border remittance report and DRI report etc

Responsible for multiple reconciliations.

To follow up with respective stakeholders to process the payment smoothly.

Fair Understanding of financial services

Understanding on Indian banking operations

Handling queries & adhoc requests

Required Experience

Upto 2 years in relevant field.

Candidate should aware about basic FEMA guidelines

Knowledge about reporting of applicable transactions under LRS & NRO.

Knowledge about other remittance facilities / miscellaneous remittances.

Education / Preferred Qualifications

Minimum Graduation (BCom/ BAF)

Core Competencies

Knowledge of banking operations within cross border remittances

Technical Competencies

Good Excel knowledge

Clearance of FEDAI examination would be an added advantage

Work Relationship

Relationship Managers

Compliance and Audit stakeholders

Internal reconciliation team

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 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

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