Analyst / Associate, Specialist, Product Control & Business Finance (Global Financial Markets), Group Finance

Business Function

Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

The Analyst / Associate of the GFM Product Control (PC) team supporting Credit Derivative (CRD) Desk will be expected to perform the following roles and responsibilities:

Key Accountabilities

(a) Daily reporting:

• Daily PL report production and PL attribution and analysis

• Daily commentary on significant PL drivers and relating it to the business strategies of the desk

• Monitoring New Deals, Late Deals and Market Operations, Transfer pricing

• Monitoring checks for transactions done at Off Market rates

• Exceptions monitoring on Reported PL vs Trader Estimates and breaches on threshold limits for unexplained PL attributions

• Partnering with Front Office, Finance, Risk (RMG), Operations, and IT teams to assess and resolve deal-related discrepancies and ensure accurate reflection in reporting systems

(b) Monthly reporting:

• Reconciliation of PL between Management reporting vs General Ledger

• GLAO certification of Balance Sheet accounts

• Reserves computation

• Review significant MTD PL drivers

• Reporting of Key Risk and Performance Indicators for the desk

(c) Ad-Hoc and Projects tasks:

• Streamline workflows to enhance operational efficiency within the team

• Review control processes for gaps

• Handle ad-hoc queries from Front Office, Finance, Risk (RMG) and Operations

• Participate in systems implementation/enhancement projects User Acceptance Testing (UAT)

• Assist in responding to internal and external audit requests for the desks

Requirements

• Degree holder in Accountancy or Banking or Finance is preferred.

• Strong control awareness and inquisitive mindset

• Knowledge of treasury products, derivatives is preferred.

• Proficient in Microsoft Office, particularly Microsoft Excel.

• Familiar with Copilot

• Ability to relate product control processes with the business strategies and activities of the desk

Location: DBS Asia Central

Job: Finance.

Schedule: Regular

Employee Status: Full time