Senior Associate- Cash Operations, Technology and Operations, DBS Australia (Sydney)
Onsite |Mid Level|Full Time
Posted: 7 days ago
Company Location
DBS Sydney, Australia
Remote Work Policy
Onsite
Skills
Swift
Key Accountabilities
Perform checker review and approval of BAU transactions relating to Cash and Global Financial Markets (GFM) Operations, ensuring accuracy, completeness, and compliance with required controls.
Ensure payment and settlement transactions are completed accurately, within agreed service level agreements, and in accordance with approved procedures.
Monitor operational risks, exceptions, and control requirements in line with Group processes, policies, and local regulatory obligations.
Escalate issues, exceptions, and potential control gaps in a timely manner, and follow through to ensure appropriate resolution.
Provide guidance, coaching, and mentoring to team members to support operational capability and consistent adherence to procedures.
Support UAT, LV testing, projects, and Head Office initiatives impacting Cash and GFM Operations when required.
Prepare monthly reports and metrics to monitor transaction performance, operational quality, and control outcomes.
Adhere to risk and compliance protocols, including Group requirements, country regulations, and internal control standards.
Job Duties & responsibilities
Review, verify, and approve Cash and GFM transactions to ensure they are properly authorised, accurately processed, and supported by required documentation.
Ensure checklists, maker-checker controls, and departmental control requirements are completed accurately and on a timely basis.
Review IFTI transactions and ensure reportable transactions are identified and submitted within required timelines.
Complete key daily and monthly reconciliations, investigate exceptions, and ensure timely remediation of outstanding items or backlogs.
Execute operational procedures and controls required by the Bank to comply with applicable laws, regulations, policies, and internal standards.
Escalate exceptions, incidents, or potential issues to senior Operations staff and follow through to ensure appropriate actions are taken.
Provide operational support to GFM dealers, IBG Relationship Managers, and other internal stakeholders as required.
Train and mentor new and existing team members on processes, controls, and operational standards.
Assist with testing, projects, system enhancements, and Head Office initiatives that impact Cash and GFM Operations.
Support business-as-usual activities and undertake any other responsibilities assigned by Management from time to time.
Experience
Minimum 3–5 years’ experience in banking operations, preferably within payments, settlements, or treasury operations.
Prior experience performing checker, authorisation, approval, or control review responsibilities in an operations environment.
Experience supporting or mentoring team members, including new joiners, process users, or junior operations staff.
Good working knowledge of payment message formats, including MT and MX messages, and relevant Cash and GFM products such as money market products, bonds, fixed income, repos, and AEMO-related transactions.
Strong knowledge of SWIFT, RITS, Austraclear, Murex, and related operational platforms.
Sound understanding of operational risk, maker-checker controls, reconciliations, escalation protocols, and control checklist requirements.
Knowledge of AML/CTF, sanctions monitoring, and IFTI reporting obligations.
Strong attention to detail, problem-solving capability, and ability to manage competing priorities in a controlled environment.
Strong verbal and written communication skills, with confidence engaging internal stakeholders and supporting project or testing activities.
