Officer, Specialist, Operations, Trns Svcs-Treasury/Cash Mgmt, Corporate Banking, Technology and Operations
5 months ago
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 customersKey Accountabilities
To ensure inward remittances are credited basis FEMA regulation Creation of relateds FIRC and IRMJob 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 requestsRequired 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 remittancesTechnical Competencies
Good Excel knowledge Clearance of FEDAI examination would be an added advantageWork Relationship
Relationship Managers Compliance and Audit stakeholders Internal reconciliation teamDBS 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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