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DBS Bank

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3.8

based on 1.8k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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128 DBS Bank Jobs

Senior Associate, Specialist, Consumer Banking Group Audit, Audit

4-8 years

₹ 21 - 35L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai

1 vacancy

Senior Associate, Specialist, Consumer Banking Group Audit, Audit

DBS Bank

posted 16d ago

Job Description

Business Function:

Group Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Group s risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a company s internal controls.

Responsibilities:

  • Conduct end-to-end audits in the above audit portfolio.
  • Plan and coordinate end-to-end audits, including reporting within established timelines.
  • Evaluate the design and operating effectiveness of processes and controls and develop appropriate tests to be conducted and ascertain the level of testing of controls required.
  • Escalate issues appropriately and timely. Ensure concise and clear audit findings and reports are presented on a timely basis.
  • Keep abreast on the development of regulatory, industry, product development and business process changes through continuous monitoring and auditing.
  • Build data analytics and solutions that can be reused continuously by both Internal Audit and other business partners.

Requirements:

  • Bachelors/University degree (Banking/Finance Management or in any other related discipline), Masters degree preferred
  • Chartered Accountant and related certifications (CPA, ACA, CFA, CIA, FRM or similar) preferred.
  • Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.
  • minimum 8 years of relevant auditing/banking product audit or equivalent experience in risk management processes.
  • Plan, lead and perform risk-based audits in India providing coverage for above portfolio.
  • Ability to work effectively with multiple priorities and to determine the most appropriate solution based on organisational and stakeholder needs.
  • Self-motivated, takes initiatives and demonstrate the ability to work independently or as team lead or member of the audit team.
  • Evaluate internal controls design for its effectiveness and identify gaps from the review of business processes in accordance with the annual audit plan, audit methodology and IIA standards.
  • Good working knowledge of financial instruments, risk management and possess a good controls mindset.
  • Well-developed written and verbal communication and presentation skills
  • Ability to be efficient in data management with logical thinking, analytical, and problem-solving skills
  • Thorough knowledge of banking principles, procedures, regulations, policies, and functions.

Apply Now:

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


Employment Type: Full Time, Permanent

Read full job description

DBS Bank Interview Questions & Tips

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What people at DBS Bank are saying

3.7
 Rating based on 92 Senior Associate reviews

Likes

Dbs culture enables learning and career development . Good for freshers and even experienced people.

  • Salary - Good
    +5 more
Dislikes

Highly location centric and only particular communities people all over the bank and need more diversification.

    Read 92 Senior Associate reviews

    Senior Associate salary at DBS Bank

    reported by 827 employees with 4-15 years exp.
    ₹13 L/yr - ₹38.5 L/yr
    180% more than the average Senior Associate Salary in India
    View more details

    What DBS Bank employees are saying about work life

    based on 1.8k 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
    View more benefits

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    DBS Bank Mumbai Office Location

    View all
    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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