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 customers
Key Accountabilities
- To ensure inward remittances are credited basis FEMA regulation
- Creation of relateds FIRC and IRM
Job 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 requests
Required 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 remittances
Technical Competencies
- Good Excel knowledge
- Clearance of FEDAI examination would be an added advantage
Work Relationship
- Relationship Managers
- Compliance and Audit stakeholders
- Internal reconciliation team
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 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
Primary Location
India-Maharashtra-Vikhroli
Job
Operations
Schedule
Regular
Job Type
Full-time
Job Posting
Dec 4, 2023, 8:09:58 PM
