FIG Non-Bank Financial Services Professional
7 days ago
DBS Bank seeks a skilled FIG Non-Bank Financial Services Professional to join its Institutional Banking Group. As a Vice President Banking Operations Specialist, you will be responsible for managing a portfolio of Fintech/Money Service Operator (MSO) clients and ensuring their operational requirements are met.
Key Responsibilities- Acting as the client's primary point of contact, you will develop and maintain strong relationships with senior-level decision-makers within the client organization.
- You will work closely with the Bank's various Product and Regional FIG teams to originate, solve, and implement currency clearing, payables/receivables, and liquidity management products.
- Collaboration with other teams, such as Payment Operations, GTS, and GFM, will be crucial to resolve ongoing operational and technical issues.
- You will be responsible for coordinating different workstreams amongst the various teams to ensure timely and efficient delivery of the solutions.
- The Compliance/FCSS approvals process for new clients, new fund flows for existing clients, and periodic Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) will require your attention.
- You will conduct regular Account Activity Reviews (AAR) on existing clients, surface risks internally where appropriate, and maintain regular dialogue with clients on their payment flows.
- Taking ownership of the end-to-end customer journey, including payment RFIs, is also essential.
- Familiarity with DBS Group's product proposition and developing business acumen/commercial intuition to make risk-reward tradeoffs that benefit DBS are necessary skills.
- You must demonstrate the bank's brand and PRIDE values, learn best practices, and assist in cross-border collaboration and coordination when required.
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