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.