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Associate, Cash Operations - Payment Processor/Checker, Institutional Banking Group Operations (IBGO), Group COO (WD75395)


DBS BANK LTD.
17 days ago
Posted date
17 days ago
N/A
Minimum level
N/A
Full-timeEmployment type
Full-time
OtherJob category
Other
Business Function

Group Operations 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 Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities
  • Perform day-to-day operational activities in relation to Inward Telegraphic Transfer (ITT) / Outward Telegraphic Transfer (OTT), which may include undertaking shift work, OT (where needed) to ensure BAU continuity; and support on non-biz days (where applicable).
  • Ensure completeness and correctness of customer instructions before processing, with zero tolerance for error as job entails handling remittance transactions that is of significant financial & reputational risk.
  • Perform daily reconciliation of ITT/OTT payments.
  • Requires high speed handling over the repair of remittance transactions, abiding by strict cut-off times (e.g., by currency / customer requests), whilst maintaining accuracy & quality over output.
  • Collaborate widely with internal stakeholders and ensure that their ITT/OTT payment related queries are timely addressed, and issues timely resolved.
  • Ensure timely escalation of system issues and work with tech counterparts to resolve those issues.
  • Engagement in ITT/OTT related projects/initiatives rollouts. Participate in LV testing.
  • Engagement in Risk and Control initiatives and projects, not limited to control deep dives, pre-audit reviews, risk self-assessments, coordination of internal, external, and regulatory audits.
  • Issue/incident and error management and the related follow up and reporting.

Requirements
  • Minimum 2 years' experience in payment operations processing.
  • Prior experience in payment operations preferred; with knowledge on SWIFT Payment Messages (e.g., MT103/202/202cov/Pacs008/Pacs009/Pacs009COV) and relevant systems IPE, AMH, FTW, OCR, CICSH/MADAME.
  • Ability to work staggered hours or on shift on rotation basis and participate in weekend/late night LVs.
  • Ability to work overtime (typically including, but not limited to Mondays (across weekend), post holidays, month end weeks) due to surge in volume during these periods.
  • Ability to work on SG public holidays when the need arises.
  • Ability to work under stress with a sense of urgency to meet various currency cutoff times and customer's specific SLA with zero error rate.
  • Speed & Accuracy - Role requires prompt processing of transactions whilst maintaining vigilance & accuracy over the manual repairs and inputs.
  • Zero tolerance for error/ambiguity - role entails posting financial transactions on daily basis; and entails high financial exposure risk.
  • Comfort with variable workload that is dependent on customer payment volumes, not a fixed output per day.
  • Teamwork, Dependability, Strong risk & controls mindset and meticulous.

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.
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JOB SUMMARY
Associate, Cash Operations - Payment Processor/Checker, Institutional Banking Group Operations (IBGO), Group COO (WD75395)
DBS BANK LTD.
Singapore
17 days ago
N/A
Full-time

Associate, Cash Operations - Payment Processor/Checker, Institutional Banking Group Operations (IBGO), Group COO (WD75395)