Business Function
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.
Job Purpose

• Business Finance responsible for monitoring and control of Institutional Business Group (IBG) financial performance & its initiatives. Budgeting, Forecasting and Business Planning and Strategy.

Key Accountabilities

• Support all initiatives of DBS bank for Institutional Banking Group (Corporate & SME Banking) with specific focus on liability (deposits) and asset businesses (Loans, Trade)
• Business Finance support to IBG including Trade and Treasury products through advanced business modelling, analytics including market / competitor’s analysis
• Help in preparing annual budget, forecast and month flash
• Timely and accurate business performance reporting, challenge revenue and cost drivers, suggest remedial actions
• Track and monitor Branch, Sector, Segment, Channel and Product wise performance
• Drive productivity / change management initiatives

Job Duties & responsibilities

• Support IBG Business with Finance processes and controls – Design, recommendation and approval processes.
• Single point of contact for all operating issues related to IBG Finance
• Evaluate all existing KPIs in Sales, Risks and Operations and recalibrate where necessary after benchmarking with Industry
• Preparation and commentary on Month-end performance reporting and dashboards
• Analytical review of all revenue streams and margin analysis by product and customer segment
• Preparation of budgets Forecast and Flash for both IBG -with focus on the e LVB branches.
• Support all ad-hoc business modelling and analytical review within IBG and GTS
• Track, Monitor and suggest remedial action where necessary for Branch, Sector, customer Segment, Channel and Product wise performance for IBG and GTS
• Coordinate all new Product launches within IBG and GTS
• Participate in identified Initiatives within IBG and GTS – Strategic &/OR Tactical
• Drive all change management initiative with IBG including process automation to drive capacity modelling
• Deploy proper knowledge management process within IBG Finance by regular update of Departmental Operating Instructions and Create back up for all critical processes
• Deploy, monitor and review compliance with Group (HO) Policies and Procedures within IBG and GTS
• Contribute to Group (HO) deliverables related to IBG and GTS
• Participate in all Finance-wide initiatives and activities

Required Experience

• 2 - 5 years Post Qualification Experience in commercial banks preferably in corporate banking space
• Have managed the Financial Planning and Analysis of Institutional Banking in his previous role preferably including preparation and review of budgets
• Conversant with RBI Regulations
• Conversant with Accounting Standards (Indian GAAP, IFRS)
• Exposure in Regulatory reporting, taxation, accounting and dealing with auditors will be added advantage

Education / Preferred Qualifications

• CA and / or
• MBA Finance from Premier Institutions

Core Competencies

• Solid exposure to Institutional Banking products (assets and liabilities) and processes
• Very Good understanding of macroeconomic drivers
• Very Good understanding of revenue and cost drivers of Institutional Banking business, ability to manage budgeting independently
• Good understanding of RBI regulations on Institutional Banking
• Good exposure in Digital Banking platform
• Very Good Business Modelling Skills
• Good knowledge of accounting systems and principles (revenue recognition in particular)
• Strategic thinking ability
• Change mind set
• Control mind set
• Business Partnership

Technical Competencies

• Hands on exposure in ERP (preferably PSGL) and BI tools (Preferably Hyperion)
• Hands on exposure in Institutional Banking product life cycle from origination, design, launching, set up, testing, monitoring
• Good exposure to operating and non-operating costs and allocation methodologies
• Exposure to hedging principles
• Very good communication and Influencing skills
• Ability to think out of the box
• High proficiency in MS Office (Excel and Power Point in specific)
• Market Intelligence

Work Relationship

• Close partnership with IBG unit, Operations, RMG, Business Analytics.
• Strong Working relationship with all units within Finance and All India Branch Network
• Close partnership with IBG and GTS stakeholders

Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.