Business Finance and Product Control, Treasury & Markets - London Branch
This is a unique role combining product control and business finance support for the Global Financial Markets business and Corporate Treasury operations in DBS London.
Job Responsibilities
Global Financial Markets (GFM) Business Finance:
* Provide business finance support for GFM across Trading and Sales, covering a wide range of products from foreign exchange, interest rates and fixed income to carbon and inflation-linked products
* Publish monthly PL dashboard with detailed transactions breakdown to drive data analysis and provide business insights
* Review overall financial performance review and provide commentaries on variances and performance against budget
* Monitor expenses and control costs
* Prepare/ submit PL and BS budget and forecast
Product Control:
* Perform monthly PL/ Balance Sheet reconciliations
* Responsible for monthly KRI (key risk indicators) submission
* Coordinate monthly PL sell-down of non-functional currencies
* Coordinate new portfolio creation and ensure portfolio attributes are set up correctly in iWork for PL reporting
* IFRS 9 control monitoring (e.g. intra-entity and inter-entity transfers)
* Provide hedge accounting support
* Prepare/ review manual journal entries to support the business activities
Central Operations (CO) Controller (supporting balance sheet management):
* Publish MIS and provide PL attribution breakdown
* Prepare/ submit PL and BS budget and forecast
* Ensure key activities/ strategies carried out in CO are in line with local/group ALCO approvals (e.g. FTP policies)
* Secretariat for local ALCO
Projects and Others:
* Lead initiatives to improve controls, streamline workflows and enhance analytics to provide strategic insights
* Participate in business-related initiatives that may involve new business activity, product or system
* Closely liaise with and handle queries from Front Office, Risk, Operations, Group Finance and internal/ external auditors on day-to-day matters
* Be familiar with and operate within Group policies, standards and guidelines
* Support the Finance team's day-to-day duties and any ad-hoc projects
Skills & Requirements
* Degree holder in Finance or a related discipline and/or Chartered Accountant
* Minimum 10 years of relevant experience
* Solid understanding of Treasury products and/or key drivers of balance sheet management
* Familiarity with data visualization tools (e.g. Qlikview, Tableau, PowerBI or equivalent) and strong data mining and analytics skills would be an advantage
* Strong communication and interpersonal skills in stakeholders’ management.
* Strong team player with high control awareness and inquisitive mindset
* Ability to think out of the box and relate product control processes with the business strategies and activities of the bank
You must have the right to work in the UK and do not require sponsorship now or in the future.