Team Lead, Business Finance, Corporate Banking

Team Lead, Business Finance, Corporate Banking

03 Jan
|
dbs asia hub 2
|
Mumbai

03 Jan

dbs asia hub 2

Mumbai

Job Description



Team Lead, Business Finance, Corporate Banking - ( WD42037 )



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.



Job Purpose

To drive Strategic initiatives with Business, Business analytics, Budgeting and Controls for Institutional Banking Group & Global Transaction Services.



Key Accountabilities



1.





Support all initiatives of DBS bank for Institutional Banking Group (Corporate & SME Banking) with specific focus on liability (deposits) and asset businesses (Loans, Trade)



2. Business Finance support to key business stakeholders in IBG including Trade and Treasury products through advanced business modelling, analytics including market / competitors analysis



3. Help in preparing annual budget, forecast and month flash



4. Timely and accurate business performance reporting, challenge revenue and cost drivers, suggest remedial actions



5. Track and monitor Branch, Sector, Segment, Channel and Product wise performance



6. Drive productivity / change management initiatives



7. Leading a team of highly motivated individuals



Job Duties & responsibilities



1. Support IBG Business with Finance processes and controls Design, recommendation and approval processes.



2. Single point of contact for all operating issues related to IBG Finance



3. Evaluate all existing KPIs in Sales,





Risks and Operations and recalibrate where necessary after benchmarking with Industry



4. Preparation and commentary on Month-end performance reporting and dashboards



5. Stakeholder Management Make regular presentations to senior management of the Bank on PnL analysis and highlight risk and opportunities



6. Analytical review of all revenue streams and margin analysis by product and customer segment



7. Preparation of budgets Forecast and Flash for both IBG -with focus on the eLVB branches.



8. Support all ad-hoc business modelling and analytical review within IBG and GTS



9. Track, Monitor and suggest remedial action where necessary for Branch, Sector, customer Segment, Channel and Product wise performance for IBG and GTS



10. Coordinate all new Product launches within IBG and GTS



11.





Participate in identified Initiatives within IBG and GTS Strategic &/OR Tactical



12. Drive all change management initiative with IBG including process automation to drive capacity modelling



13. Deploy proper knowledge management process within IBG Finance by regular update of Departmental Operating Instructions and Create back up for all critical processes



14. Deploy, monitor and review compliance with Group (HO) Policies and Procedures within IBG and GTS



15. Contribute to Group (HO) deliverables related to IBG and GTS



16. Participate in all Finance-wide initiatives and activities



17. Team Management review work done by the team, drive business reengineering, automation and standardization, guide and coach the team



Required Experience









12 - 15 years Post Qualification Experience in commercial banks preferably in corporate banking space



Should have managed the Financial Planning and Analysis of Institutional Banking in his previous role preferably including preparation and review of budgets



Aware of 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

Managed teams in the past

Relationship Building

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 PowerPoint in specific)

Dashboarding experience

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

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Team Lead, Business Finance, Corporate Banking

Team Lead, Business Finance, Corporate Banking

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