Business Function
Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions %26ndash; whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.
Job Purpose:
Business Finance responsible for monitoring and control of Consumer Business Group (CBG) financial performance & its initiatives. Budgeting, Forecasting and Business Planning and Strategy.
Key Accountabilities:

  • Support all initiatives for eLVB unit of DBS bank for Consumer banking with specific focus on liability (deposits) and asset businesses (mortgages, personal loans, cards)
  • Business Finance support to CBG and Digital Banking through advanced business modelling, analytics including market / competitors analysis
  • Help in preparing annual budget, forecast and month flash
  • Timely and accurate business performance reporting, challenge revenue and cost drivers, suggest remedial actions
  • Track and monitor Branch, Sector, Segment, Channel and Product wise performance
  • Drive productivity / change management initiatives

Job Duties & responsibilities:

  • Support CBG Business with Finance processes and controls %26ndash; Design, recommendation and approval processes.
  • Single point of contact for all operating issues related to CBG Finance
  • Evaluate all existing KPIs in Sales, Risks and Operations and recalibrate where necessary after benchmarking with Industry
  • Preparation and commentary on Month-end performance reporting and dashboards
  • Analytical review of all revenue streams and margin analysis by product and customer segment
  • Preparation of budgets, Forecast and Flash for both CBG and Digital Banking initiative -with focus on the eLVB branches.
  • Support all ad-hoc business modelling and analytical review within CBG and Digital Banking
  • Track, Monitor and suggest remedial action where necessary for Branch, Sector, customer Segment, Channel and Product wise performance for CBG and digital banking
  • Coordinate all new Product launches within CBG and Banking space
  • Participate in identified Initiatives within CBG and Digital Banking space %26ndash; Strategic & /OR Tactical
  • Drive all change management initiative with CBG and Digital Banking space including process automation to drive capacity modelling
  • Deploy proper knowledge management process within CBG Finance by regular update of Departmental Operating Instructions and Create back up for all critical processes
  • Deploy, monitor and review compliance with Group (HO) Policies and Procedures within CBG and Digital Banking Space
  • Contribute to Group (HO) deliverables related to CBG and Digital Banking
  • Participate in all Finance-Wide initiatives and activities

Required Experience:

  • 5 – 7 years Post Qualification Experience in commercial banks preferably in retail / consumer banking space
  • Have managed the Financial Planning and Analysis of Consumer Banking in his previous role preferably including preparation and review of budgets
  • Conversant with RBI Regulations
  • Conversant with Accounting Standards (Indian GAAP, IFRS)
  • Exposure in Regulatory reporting, taxation, accounting and dealing with auditors will be added advantage

Education / Preferred Qualifications:

  • CA and / or MBA Finance from Premier Institutions

Core Competencies:

  • Solid exposure to Consumer Banking products (assets and liabilities) and processes
  • Very Good understanding of macroeconomic drivers
  • Very Good understanding of revenue and cost drivers of Consumer Banking business, ability to manage budgeting independently
  • Good understanding of RBI regulations on Consumer Banking
  • Good exposure in Digital Banking platform
  • Very Good Business Modelling Skills
  • Good knowledge of accounting systems and principles (revenue recognition in particular)
  • Strategic thinking ability
  • Change mind set
  • Control mind set
  • Business Partnership

Technical Competencies:

  • Hands on exposure in ERP (preferably PSGL) and BI tools (Preferably Hyperion)
  • Hands on exposure in Consumer Banking product life cycle from origination, design, launching, set up, testing, monitoring
  • Hands on exposure to Non annuity revenue streams (Banca, Investments, Fx)
  • Good exposure to operating and non-operating costs and allocation methodologies
  • Exposure to hedging principles
  • Very good communication and Influencing skills
  • Ability to think out of the box
  • High proficiency in MS Office (Excel and PowerPoint in specific)
  • Market Intelligence

India-Tamil Nadu-Chennai


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