Officer, Specialist, Operations, Trns Svcs-Trade Operations, Corporate Banking, COOnew

Business Function

Group Operations 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. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS. This is done through strategic focus on training and improving staff capability, empowerment, productivity, teamwork, innovation & technology, managing operational risks & strongly collaborating with our business partners in delivering excellent RED service to our customers.

Responsibilities

Process and scrutinize A2 remittances as per the applicable FEMA guidelines

Prepare and submit various MIS reports such as R-return and cross-border remittance reports

Demonstrate knowledge of reporting applicable transactions under LRS (Liberalized Remittance Scheme) and NRO (Non-Resident Ordinary) accounts

Assist with other remittance facilities and miscellaneous remittances

Requirements

Awareness of basic FEMA guidelines related to A2 remittances

Knowledge of reporting applicable transactions under LRS and NRO

Understanding of other remittance facilities and miscellaneous remittances

Strong attention to detail and ability to work with accuracy

Excellent analytical and problem-solving skills

Proficient in using relevant banking and financial systems

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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Location:

Mumbai

Job:

Operations

Schedule:

Regular

Employee Status:

Full time