Associate, Governance & Control, IFSC Banking Unit, Gift City

Business Function

DBS Bank Limited IBU, is the IFSC Banking Unit of DBS Bank Limited located at GIFT City, Gandhinagar. DBS Bank Ltd is a leading financial services group in Asia with a strong global presence. The IBU plays a key role in DBS's regional expansion strategy, offering a range of trade finance, loan and T&M products to our valued clients.

Job Purpose

To Assist IBU COO in implementing the DBS Policy and Processes with an aim of ensuring a sound Risk and Control environment.

Key Accountabilities

• Assist in timely implementing the DBS Policy and Processes
• Conduct thematic reviews on AML / CFT and other areas
• Improve AML policies and controls wherever required
• Track for closure of Audit issues and ensure non repeat
• Assist in GL, Nostro and other recons
• Assist in monitoring KRIs as part of governance and control
• Activley support in the RCSA activity as part of governance and control
  

Job Duties & Responsibilities

• Assess IBU's proficiency in complying with CDD/AML Policy of the Bank/Regulator
• Monitor compliance with internal policies and external regulations
• 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
• Improve Controls / Compliance for IBG India; embed risk culture within Team
• Support monitoring other KRIs related to operational and credit risk
• Support in GLAO certification and daily Nostro reconciliation
• Support various audit submission including IFSCA, Group and Concurrent audits
  

Required Experience

Minimum 5 years of relevant experience in Institutional / Wholesale / Corporate Banking and Or AML / KYC

Education / Preferred Qualifications

• CA / MBA / Graduate with minimum 5 + years of relevant experience
• 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 IFSCA / RBI guideline on AML / KYC
• Understanding of customer due diligence (CDD) and enhanced due diligence (EDD)
• 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
• en
  

Primary Location

India-Gujarat-Gandhi Nagar - GIFT City

Job

COO Office/Business Mgt & Support

Schedule

Regular

Job Type

Full-time

Job Posting

Apr 24, 2025, 6:22:42 PM