Associate / Senior Associate, Group Product Control, Group Finance

DBS Bank

  • Singapore
  • Permanent
  • Full-time
  • 9 days ago
Business FunctionDBS's Group Finance division is seeking a highly analytical and meticulous Associate or Senior Associate to join our Group Product Control team. This critical role offers an exceptional opportunity to drive control and innovation within our Group Finance function, significantly enhancing our robust control framework and ensuring the integrity of financial reporting across the group. The ideal candidate will possess a deep understanding of financial products, a strong commitment to control excellence, and a proven ability to deliver insightful analysis that informs strategic decision-making.Key Responsibilities:
  • P&L Reporting & Analysis: Deliver accurate and timely daily P&L reporting, including detailed decomposition, comprehensive commentary, and insightful variance analysis of movements and drivers across diverse product lines.
  • Control Framework & Exception Handling: Proactively monitor, investigate, and resolve exceptions related to key controls (e.g., P&L validation, new deal review, off-market checks, sophisticated trade monitoring). Ensure strict adherence to established procedures, escalating issues promptly to maintain a robust group-wide control environment.
  • Trend Analysis & Risk Identification: Conduct comprehensive monthly and quarterly trend analysis of key product control data (P&L decomposition, off-market checks, new deals) to proactively identify and assess potential financial risks, control weaknesses, and emerging opportunities across the group, providing actionable recommendations.
  • KRI Monitoring & Process Improvement: Monitor Key Risk Indicators (KRIs), highlighting areas for improvement, proposing innovative solutions, and driving continuous enhancement of the group's control environment and operational efficiency.
  • Stakeholder Engagement: Provide timely and effective support and expert advice to a diverse range of stakeholders, including front office traders, risk management, and senior finance leadership.
  • Data Analytics & Automation: Champion the adoption and implementation of advanced data analytic tools (e.g., QlikView, Tableau, Python, SQL) to enhance reporting accuracy, improve analytical capabilities, and automate routine product control processes group-wide.
  • Financial Reconciliation & Compliance: Execute accurate and timely monthly P&L and balance sheet reconciliations, ensuring full compliance with internal policies and regulatory requirements.
  • Systems Implementation & UAT: Actively participate in strategic systems implementation projects, including thorough User Acceptance Testing (UAT), ensuring seamless integration, robust control processes, and accurate data migration for group-wide systems.
Requirements
  • Education: Bachelor's degree in Finance, Accounting, Economics, or a related quantitative discipline.
  • Experience: 2-5 years of progressive experience in Product Control, Financial Control, Audit, or a closely related function.
  • Product Knowledge: Demonstrated expertise and in-depth understanding of a wide range of financial products, including fixed income, equities, and derivatives (e.g., options, futures, swaps).
  • Accounting Principles: Strong understanding and practical application of accounting principles (e.g., accrual accounting, fair value measurement) relevant to financial instruments and group financial reporting, including product pay-offs and their P&L impact.
  • Analytical & Problem-Solving Skills: Advanced analytical skills with meticulous attention to detail. Proven ability to synthesize complex financial information, identify root causes, draw meaningful conclusions, and develop practical solutions.
  • Communication & Interpersonal Skills: Excellent written and verbal communication, and strong interpersonal skills. Ability to articulate complex technical issues clearly and persuasively to diverse audiences, including senior management.
  • Work Ethic & Adaptability: Proven ability to thrive in a fast-paced, high-pressure, and dynamic environment, effectively managing multiple priorities, adapting to changing demands, and consistently meeting tight deadlines.
  • Proactiveness & Ownership: Highly motivated and results-oriented with a strong sense of ownership and accountability. Committed to continuous learning and professional development.
Desirable Technical Proficiency:
  • Advanced proficiency in MS Office Suite, especially Excel (e.g., pivot tables, VLOOKUPs).
  • Experience with data visualization tools (e.g., Tableau, QlikView).
  • Familiarity with financial systems (e.g., Murex) and market data systems (e.g., Bloomberg, Refinitiv).

DBS Bank