AVP, Generalist, Deposits & Unsecured Lending Operations, …, Singapore

Business Function Consumer Banking & Wealth Management Operations (CBWMO) 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. Candidate will be responsible for overseeing and managing all aspects of Deposits & Unsecured Lending operations, including merchant onboarding, maintenance, and support, with a focus on ensuring efficient processing, adherence to service standards, and continuous process improvement. This role also encompasses critical functions related to Production Orders and project management.
Roles & Responsibilities - Manage the end-to-end Merchant setup processing, including new account creation, terminal installations, terminal upgrading & programming, and maintenance, in collaboration with various internal and external stakeholders such as Merchants, Merchant Sales, Amex/Diners, Payment Gateway providers, and Vendors. - Handle temporary terminal requests for events and merchant account closures with terminal retrievals. - Handle requests related to Credit Card Refunds, Remittance settlement to Visa & Mastercard, settlement reconciliation issues, card rejects from scheme and internal systems & manual posting and adjustments related to DBS Merchants. - Manage as Authoriser role to verify and approve critical financial transaction posting with card scheme and merchants with strong understanding on General Ledger (GL) posting and business events. - Address merchant queries regarding card settlements, reconciliation and terminal issues, ensuring all requests are processed accurately and timely. - Support and manage operational matters related to Production Orders, including fulfilling requests from Law Enforcement Agencies - Establish and maintain effective relationships & partnerships with key internal & external stakeholders. - Ensure all requests are processed within specified Service standard, timely and accurately. - Propose process improvements to enhance operational efficiency. - Ensure timely and accurate fulfillment of requests and updates within the bank's operating systems, identify operational risks, and implement mitigation strategies. - Ensure timely updates of Standard Operating Procedures (SOP) and prompt sharing with the team. - Ensure timely updates & escalation on operational issues. - Lead and drive process improvement initiatives, providing ideas and initiatives in digitization & automation. - Support Team Manager on projects/initiatives, and engage & coach the team on process improvements to drive team performance. - Provide User Requirements & perform User Acceptance Test/Live Verification and ensure all initiatives/production fixes are addressed with smooth operations. - Collaborate widely to establish & maintain effective relationship and work closely with various stakeholders to understand the Business/Operations problem statement, propose analytic requirements and solution. - Leverage on internal and external data and use analytics techniques to provide data(1)driven insights, re-engineer and eliminate existing process frictions in realizing Design-For-No-Ops strategy. - Provide insights through data visualization and presentations to deliver productivity, identify the root cause of a situation, and provide actionable insights.
Requirement - Minimum 5 years of experience in financial institutions, with proficiency in merchant services knowledge. Has knowledge on Visa & Mastercard scheme rules and regulations is an added advantage. - Proficiency in banking services knowledge, rules, and regulations is an added advantage. - Good communication, negotiation, and problem-solving skills, with the ability to build rapport with external customers and internal staff. - Proficient in Microsoft Office O365, especially Microsoft PowerPoint and Excel. - Good team player. - Positive thinking and able to work independently. -en
Location:
DBS Asia Gateway
Job:
Operations
Schedule:
Regular
Employee Status:
Full time