Governance & Control Role - Corporate Banking - Large Cap/Institutional Banking Group

3 weeks ago


Mumbai, Maharashtra, India DBS Bank Full time

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.

Job Purpose:

- Drive effective implementation of enterprise governance frameworks within business units and support functions.

Key Accountabilities:

- Support Business/Function Heads in risk governance and oversight of control issues.

- Lead periodic risk and control assessments; identify gaps and recommend enhancements.

- Conduct control testing and thematic reviews across key processes.

- Monitor open audit issues, internal control findings, and ensure timely closure with sustainable fixes

- Ensure adherence to local and group-wide policies, including those related to operational risk, conduct risk, and information security.

- Monitor compliance with regulatory requirements (RBI circulars, MAS guidelines where applicable) and support in regulatory inspections and audits.

- Assist in ensuring end-to-end process risk documentation and regular policy reviews

- Liaise closely with Business, Risk, Compliance, Audit, and Group Governance teams.

- Prepare governance dashboards, MIS, and presentations for senior leadership and committees.

- Collaborate with regional and group teams to ensure consistency of controls and governance practices

- Conduct training sessions and workshops to reinforce governance, conduct, and control awareness among teams.

- Champion the culture of strong risk ownership, control awareness, and ethical behavior

Job Duties & responsibilities:

- Preparing the BCP/BIA document

- Preparing all other BCP related exercises/ reports during the year- Staff recall, functional exercises

- Attending the BCP and the BCAP DR drill during the year at the alternate sites

- Conduct Assurance Testing to assess Core Team and BU's proficiency in complying with CDD/AML Policy of the Bank/Regulator

- Monitor compliance with internal policies and external regulations related to anti-money laundering, countering the financing of terrorism, and sanctions screening

- Identify control gaps and issues, and drive remediation efforts to strengthen the control environment

- Conduct Thematic Reviews to identify & mitigate AML/Financial Crime Risk

- Assist in investigating and resolving AML / KYC related issues

- Maintain accurate records and update internal systems

- Stay up-to-date with regulatory changes and industry trends

- Engage key stakeholders to promote strong risk culture and ensure smooth implementation of governance and control initiatives

- Support Trade Based AML audit and ensure timely closure of actionable

- Improve Controls / Compliance for IBG India; embed risk culture within IBG Team with special focus on building robust process for SME customers

- Responsible to track and reduce EDPMS / IDPMS outstanding for IBG clients

- Support monitoring other KRIs related to operational and credit risk.

- Support various audit submission including RBI, group and concurrent audits

Required Experience:

- Minimum 4-5 years of relevant experience in AML / KYC

Education / Preferred Qualifications:

- CA / MBA / Graduate with minimum 4 + years of relevant experience in AML/KYC ACAMS / CFE certification (desirable)

- Knowledge of financial markets and instruments (beneficial)

Core Competencies:

Data driven and proficient in Microsoft Excel and PowerPoint

Critical thinking, analytical abilities & ability to independently drive activities

Attention to detail and accuracy

Effective written and verbal communication

Technical Competencies:

Knowledge of RBI guideline on AML / KYC

Understanding of customer due diligence (CDD) and enhanced due diligence (EDD)

Familiarity with sanctions and watchlist screening

Awareness of Industry trends and emerging risk

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.

(ref:iimjobs.com)

  • Mumbai, Maharashtra, India DBS Bank Full time

    DBS Bank - Governance & Control Role - Corporate Banking - Large Cap/Institutional Banking Group (7-12 yrs)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,...


  • Mumbai, Maharashtra, India at DBS Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Assistant Vice President, Specialist, Operational Risk Management, Corporate Banking, Large Cap, Institutional Banking Group - (WD 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...


  • Mumbai, Maharashtra, India Sumitomo Mitsui Banking Corporation Full time

    Purpose of the position: -The incumbent shall be responsible for performing Credit Analysis for corporate clients as part of Corporate Banking Team. He/she would also be providing transaction support to stakeholder and would be actively performing customer interaction as part of the role Job Responsibilities: -- Perform financial number spreading and credit...


  • Mumbai, Maharashtra, India Systematix Group Full time

    MD/ Director – IB- ECM (Head of Technology Sector Coverage) Location: - BKC. Mumbai About the Company Systematix Group is a leading diversified financial services firm offering a wide range of solutions, including Investment Banking, Institutional Equities, Wealth Management, Retail Broking, and Asset Management. With 35+ years of legacy & 300+ experienced...


  • Mumbai, Maharashtra, India Quotient Consultancy Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Leading Bank Hiring RM Government Banking GroupMUMBAIInterested please call MAHEK and drop CV at Role: Relationship Manager / Sr. Relationship ManagerDept: Government Banking GroupLocation: MumbaiExperience: 3 to 7 yearsRole DetailsRelationship Manager Select / Senior Relationship Manager Select is responsible for on boarding NEW Government Clients /...


  • Mumbai, Maharashtra, India Sumitomo Mitsui Banking Corporation (SMBC) Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Sumitomo Mitsui Banking CorporationBusiness Development:Pitch and originate sustainable finance opportunities to corporate customers across IndiaEnsure deal alignment with market leading industry practices, internal policies, thresholdsProactively collaborate with internal relationship managers, product teams, senior management including investee bank...

  • Corporate Bank TF&L

    5 days ago


    Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    The Business Control Office is a Global front office function within Corporate Bank Divisional Control Office with the primary objective to support the product, sales desks, and its supervisors by creating a robust control framework as part of the first line of defence.The teams mandate is to identify non-financial risks such as regulatory, conduct and...


  • Mumbai, Maharashtra, India JPMorganChase Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    JOB DESCRIPTIONJoin our dynamic and growing team in Internal Audit and get an opportunity to work with multiple line of business.Job SummaryAs a Consumer and Community Banking Audit Associate in our Internal Audit group, you will perform and document audit testing, partner closely with global Audit colleagues and business stakeholders, lead your assigned...


  • Mumbai, Maharashtra, India Deutsche Bank Full time

    Job Title Corporate bank - Operations Resiliency AVP Location Mumbai India Role Description The role is an extension of the onshore Business Management Control team - CB DIPL Utility It involves liaising with COOs and Business Managers across the CB products and Infrastructure partners The role requires a hands-on individual who will be involved...


  • Mumbai, Maharashtra, India DBS Bank Full time

    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...