Senior Associate, New Cost Allocation (NCA) & Finance Operations, Institutional Banking Group Operations (IBGO), Technology & Operations (WD66892)
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Dbs Bank Ltd.
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.
Responsibilities
Requirements
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.
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.
Responsibilities
- Point of contact for SG IBGO NCA product cost allocation matters
- Be the subject matter expert in SG IBGO NCA computation methodologies, cost attribution and its underlying drivers, data sources, assumptions and dependencies for products across the 5 operation functions within SG IBGO
- Work with Regional IBGO, Group Finance and Business to analyse and generate actionable profitability/productivity insights to support business decisions
- Work with Regional IBGO, Group Finance and Business to resolve issues regarding exceptions or anomalies arising from Ops NCA data through independent deep-dive analyses
- Support Regional COO Finance team in their regionalisation project to implement governance and consistency of Group IBGO NCA
- Drive quarterly NCA updates to the SG IBGO Management, including but not limited to insights on key unit cost movements and any thematic updates
- Drive annual SG IBGO MTK-PV mapping refresh exercise for all product cost allocation. Responsibilities include data extraction/cleansing/transformation, checks/reconciliation, preparation of excel and slide decks to review with SG IBGO Management for approval, and submission to Group Finance with follow up on any significant swing of allocation % across products
- Document NCA methodology, assumptions and dependencies by product for each operation function
- Support monthly SG IBGO MTK, Strategic Cost Management (SCM), Financial and Headcount Review, including but not limited to headcount projection and SCM status update.
- Responsibilities include data extraction/cleansing/transformation, checks/reconciliations, and preparation of tables/charts/commentaries in slide decks
- Support annual budget planning exercise through analysis and storyboarding, including but not limited to unit cost comparison analysis, volume growth analysis etc
- Collate, prepare, and circulate weekly Volume, MTK, OT and Risk & Control report with commentaries/highlights to SG IBGO Management
- Collate, prepare, and circulate monthly function-level volume reports to function heads
- Support SG IBGO biweekly hiring status tracking and reporting. Responsibilities include update of hiring status, data reconciliation, and circulation of email report
- Support the Central Business Events team in supporting IBGO's business event creation, with scope including but not limited to pre-processing (verify scenario in whitelist), processing & post-processing support. Additionally, to support process refinement and SOP updates, Ops usage tracking for management oversight
Requirements
- Bachelor's Degree with minimum 6 years of relevant work experience
- Prior experience in banking/financial services working with data-driven processes. business analytics involving large datasets and dashboards, and strong cross-functional stakeholder engagement preferred.
- Able to analyse and problem-solve in a fast-paced environment where information may not be incomplete and may require deep-diving and self-discovery
- Technical proficiency in Microsoft Excel and PowerPoint
- Experience with Tableau dashboard is a plus
- A team player who is willing to support team members on ad-hoc tasks
- Flexibility, resourcefulness and ability to work on multiple tasks where required
- Strong communication, presentation and written skills
- Possesses a continuous improvement mindset
- Able to navigate a complex, fast-paced environment to achieve outcomes
- Possesses a results-driven mindset with strong ability to deliver under tight deadlines
- Take full ownership of work for start to end
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.
JOB SUMMARY
Senior Associate, New Cost Allocation (NCA) & Finance Operations, Institutional Banking Group Operations (IBGO), Technology & Operations (WD66892)
Dbs Bank Ltd.
![Company logo (non-clickable)](/_next/image?url=%2Fapi%2Fimageproxy%3Furl%3Dhttps%3A%2F%2Fstatic.mycareersfuture.gov.sg%2Fimages%2Fcompany%2Flogos%2F2b89cb9072e74f2a78d55907ebf093d5%2Fdbs-bank.png&w=3840&q=75)
Singapore
a month ago
N/A
Full-time