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13 DBS Bank Assistant Vice President Jobs

Assistant Vice President

7-9 years

Mumbai

1 vacancy

Assistant Vice President

DBS Bank

posted 16d ago

Job Description

 
  • A person in this role will ensure awareness of and adherence to processes, policies and codes of conduct laid down for CBG frontline staff. He/she will also be responsible for continuously identifying new areas of focus requiring creation of controls/processes absent or inadequate, process strengthening and additional monitoring. This person s work will be used for monitoring health (compliance to regulatory and bank standards) and preparing for future risk perceived areas.
Key Accountabilities & Job Responsibilities
  • Ensure achievement of Investment Product Volumes and Revenue objectives of the VRM.
  • Ensure AMFI certification / EUIN transfer of new joiners and existing team members and timely renewal of the same.
  • Impart effective training on new product launch / refresher training on investment, alternate and Forex, AML and other mandatory trainings and keep the record of attendance to comply with internal and regulatory guidelines.
  • Ensure implementation of investment sales process and the investment profile suitability of clients to the products purchased.
  • Ensure sustainable trail income for the Bank through driving the Mutual Volumes while driving activation of team members for Investment and Forex products.
  • Provide feedback from market and customers to Central Investment Product team for continuous improvement / ideation for new product and processes.
  • Ensure timely dissemination of knowledge on products, market updates and fund fact sheets amongst front line team members and Unit Heads.
  • Track the input activities of team members through client book analysis and align the activities to the desired investment volumes and revenue objectives.
  • Always ensure customer-centricity, adherence to fair dealing norms and compliance to internal and regulatory guidelines at VRM.
  • Ensure adequacy of product brochures, addendums and proposal forms at VRM repository and check for replenishment of sales kit of RMs
  • Ensure complaint resolution within the approved TAT through coordination with Central Investment product team and insurer partners at VRM unit.
Requirements
  • Demonstrated track record in FLOD, managing regulatory and operational risk along with process adherence
  • Exposure to monitoring of sales processes & regulatory compliance will be highly advantageous
  • Intensive knowledge of Indian banking and regulatory guidelines
  • Equipped with knowledge of sales & client interface best practices/industry developments
  • Minimum 7 9 years experience in banking, first line of defence (FLOD), continuous audits and process controls
  • Experience of multi-tasking, managing multiple stakeholders and independently having senior level interactions
  • Prior exposure to process writing, controls and governance
Education / Preferred Qualifications
  • Bachelor s degree from a recognized university
  • Post graduate qualifications are desirable but not necessary if suitably compensated by top notch exposure to above listed experience
  • Professional qualifications or certifications on process adherence, audits, etc. are desirable but not mandatory
Core Competencies
  • Effective probing and listening skills.
  • Strong Relationship Management and influencing skills
  • Self-driven and ambitious.
  • Good written and verbal communication skills
  • Results-orientated & the ability to deliver results under pressure
  • Understanding of competitive positioning
  • Strong service orientation, customer-centric behavior.
  • Focused on developing image and good will of the brand
  • Creative, inquisitive mind with problem solving abilities.
  • Ability to deliver results within tight timelines.
  • Attention to details, analyzing abilities.
Technical Competencies
  • Understanding of HNI Sales/ wealth management product suite, platforms and operational procedures
  • Understanding of banking and para-banking guidelines issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general.
  • Understanding of KYC requirements & Anti-money Laundering Policies.
  • Knowledge of financial markets and products to assist in meaningful engagement with clients.
Work Relationship
  • Management of clients and prospects for acquisition and deepening of wallet share.
  • Close interaction with Treasures Elite Team Leader, City / Cluster Head, Branch Service and Operations team to ensure consistent delivery of volume and revenue targets.
  • Close and regular interaction with Branch Product specialists for effective skill / knowledge development of self and explore potential in existing book through joint engagement with clients.
Mandatory Training
  • GCAP (Group Customer Acceptance Policy)
  • BCAP (Business Customer Acceptance Policy)
  • AML (Anti Money Laundering) and KYC Guidelines
  • PIP (Personal Investment Policy)
  • ORM (Operational Risk Management)
  • Information Security Policy
DBS India - Culture & Behaviors
  • Performance through Value Based Propositions
  • Ensure customer focus by delighting customers & reduce complaints
  • Build pride and passion to protect, maintain and enhance DBS image and reputation
  • Enhance knowledge base, build skill sets & develop competencies
  • Execute at speed while maintaining error free operations
  • Maintain the highest standards of honesty and integrity

Employment Type: Full Time, Permanent

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What Assistant Vice President at DBS Bank are saying

3.7
 Rating based on 35 Assistant Vice President reviews

Likes

Dbs is fantastic organization, but indian group isn't that level up.

  • Salary - Good
  • +2 more
Dislikes

Work life balance Vision is not clear

  • Work-life balance - Poor
Read 35 Assistant Vice President reviews

Assistant Vice President salary at DBS Bank

reported by 407 employees with 9-18 years exp.
₹19.5 L/yr - ₹50 L/yr
23% more than the average Assistant Vice President Salary in India
View more details

What DBS Bank employees are saying about work life

based on 1.9k employees
55%
51%
51%
99%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

DBS Bank Benefits

Health Insurance
Free Transport
Job Training
Work From Home
Soft Skill Training
Cafeteria +6 more
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DBS Bank Mumbai Office Location

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Mumbai Office
Headquarter
DBS Bank India, Near Bank of India, Opp. Khadi Bhawan, Fort House, 3rd Floor, 221, Dr. D.N. Road, Borabazar Precinct, Church Gate, Fort Mumbai
Maharashtra 400001

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