Group Operations enables and empowers the bank with an productive, 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 guidelinesPrepare and submit various MIS reports such as R-return and cross-border remittance reportsDemonstrate knowledge of reporting applicable transactions under LRS (Liberalized Remittance Scheme) and NRO (Non-Resident Ordinary) accountsAssist with other remittance facilities and miscellaneous remittances
Requirements
Awareness of basic FEMA guidelines related to A2 remittancesKnowledge of reporting applicable transactions under LRS and NROUnderstanding of other remittance facilities and miscellaneous remittancesStrong attention to detail and ability to work with accuracyExcellent analytical and problem-solving skillsProficient 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.