Job Description
Job Title: Associate
Location: Bangalore
Position Description
The Reference Data Analyst focuses on effective oversight of strategic data used across the bank’s systems and infrastructure. The Reference Data Analyst supports various elements of the data lifecycle, from ensuring that data is captured from the best source, to validating and classifying, and operating controls that optimize its quality and maximize coverage. The Reference Data Analyst has responsibility for maintaining robust processes related to data set-up, storage and distribution, as well as system configuration, together with participation in projects designed to streamline infrastructure and improve efficiency. Reference data is integral to the bank’s response to regulatory requirements. Close partnership is needed with stakeholders such as Front Office, Middle Office, Audit, Compliance and Regulatory Reporting to deliver solutions that balance immediate business priorities with long term strategic objectives Should lead employees to meet the organization's expectations for productivity, quality, continuous improvement, and goal accomplishment. Delegate responsibility and expect accountability and regular feedback. Maintain employee work schedules including assignments, job rotation & cross training. Should be a mentor & a role model. Should actively participate in hiring. Manage the preparation and maintenance of reports necessary to carry out the functions of the department. Prepares periodic reports for management, as necessary or requested, to track strategic goal accomplishment.
Key Responsibilities
Process:
• First point of contact/Backup in absence of AVP.
• Managing & monitoring of the mailboxes.
• Arranging connects for the team with the Stakeholders
• Assisting the team in terms of processing the request.
Ensure that regulatory and audit deadlines and obligations are effectively met.
• Preparation of process KOP & assisting the team in KOP accordingly.
• Training/UAT testing/IT support.
Control:
• Leads team to meet targets set at the time of TPI discussion.
• Identify training needs of the team to improve performance.
• Possess a clear and in-depth understanding of policies and share across team members.
• Provides transparency regarding operational incidents, root causes and proposed remediation. Plays a lead role in remediation.
• Effectively manages escalation notification to AVP with estimated potential or actual impact.
• Managing sensitive and confidential information.
• Performing Quality check for the team.
• Ensuring the mandatory trainings are completed by the team within the time.
Domain Skills
• Minimum Bachelor’s degree or equivalent in relevant field
• Candidate should have at least 8 to 10 years of minimum work experience in static data
• Basic knowledge of Banking operations/Financial Products (Fixed income cash & derivatives Financial Products and financial instruments including Futures, Options, Swaps).
• Investigate open items and resolve as required. Escalate unresolved open items per departmental policy
• Excellent communication skills. Should communicate clearly with Business.
• Should be able to manage multiple business lines / departments with appropriate controls.
• Should make informed decisions keeping business and other relevant departments in mind.
• Responsible to distribute work, assign account responsibilities coordinate necessary trainings within the process.
• Ensure that process should be Audit ready all the time.
• Interaction with the Middle Office and/or Clients to ensure the timely and accurate processing of all life cycle events.
• Adherence to STARC standards and procedures and ensuring that there are no lapses or gaps in control.
• Manage staff on a daily basis, distribute work, assign account responsibilities, ensure appropriate staff levels, and provide necessary training.
• Understand and effectively manage risks through timely and accurate escalation
• Responsible for all process related MI reports
• Demonstrate a proactive approach to all activities and create the environment for others to emulate this behavior.
• Develop a breadth of knowledge across the team in order to provide as required, support/assistance to other teams.
• Share knowledge and provide appropriate training, guidance or coaching for the team
• Understand the purpose of the process performed, key risks and mitigating controls.
• Problem Solving Skills – ability to think ‘Out of the Box’ and independently work around issues that arise time to time.
About us and our teams
https://www.db.com/company/company.htm
Location: Bangalore
Position Description
The Reference Data Analyst focuses on effective oversight of strategic data used across the bank’s systems and infrastructure. The Reference Data Analyst supports various elements of the data lifecycle, from ensuring that data is captured from the best source, to validating and classifying, and operating controls that optimize its quality and maximize coverage. The Reference Data Analyst has responsibility for maintaining robust processes related to data set-up, storage and distribution, as well as system configuration, together with participation in projects designed to streamline infrastructure and improve efficiency. Reference data is integral to the bank’s response to regulatory requirements. Close partnership is needed with stakeholders such as Front Office, Middle Office, Audit, Compliance and Regulatory Reporting to deliver solutions that balance immediate business priorities with long term strategic objectives Should lead employees to meet the organization's expectations for productivity, quality, continuous improvement, and goal accomplishment. Delegate responsibility and expect accountability and regular feedback. Maintain employee work schedules including assignments, job rotation & cross training. Should be a mentor & a role model. Should actively participate in hiring. Manage the preparation and maintenance of reports necessary to carry out the functions of the department. Prepares periodic reports for management, as necessary or requested, to track strategic goal accomplishment.
Key Responsibilities
Process:
• First point of contact/Backup in absence of AVP.
• Managing & monitoring of the mailboxes.
• Arranging connects for the team with the Stakeholders
• Assisting the team in terms of processing the request.
Ensure that regulatory and audit deadlines and obligations are effectively met.
• Preparation of process KOP & assisting the team in KOP accordingly.
• Training/UAT testing/IT support.
Control:
• Leads team to meet targets set at the time of TPI discussion.
• Identify training needs of the team to improve performance.
• Possess a clear and in-depth understanding of policies and share across team members.
• Provides transparency regarding operational incidents, root causes and proposed remediation. Plays a lead role in remediation.
• Effectively manages escalation notification to AVP with estimated potential or actual impact.
• Managing sensitive and confidential information.
• Performing Quality check for the team.
• Ensuring the mandatory trainings are completed by the team within the time.
Domain Skills
• Minimum Bachelor’s degree or equivalent in relevant field
• Candidate should have at least 8 to 10 years of minimum work experience in static data
• Basic knowledge of Banking operations/Financial Products (Fixed income cash & derivatives Financial Products and financial instruments including Futures, Options, Swaps).
• Investigate open items and resolve as required. Escalate unresolved open items per departmental policy
• Excellent communication skills. Should communicate clearly with Business.
• Should be able to manage multiple business lines / departments with appropriate controls.
• Should make informed decisions keeping business and other relevant departments in mind.
• Responsible to distribute work, assign account responsibilities coordinate necessary trainings within the process.
• Ensure that process should be Audit ready all the time.
• Interaction with the Middle Office and/or Clients to ensure the timely and accurate processing of all life cycle events.
• Adherence to STARC standards and procedures and ensuring that there are no lapses or gaps in control.
• Manage staff on a daily basis, distribute work, assign account responsibilities, ensure appropriate staff levels, and provide necessary training.
• Understand and effectively manage risks through timely and accurate escalation
• Responsible for all process related MI reports
• Demonstrate a proactive approach to all activities and create the environment for others to emulate this behavior.
• Develop a breadth of knowledge across the team in order to provide as required, support/assistance to other teams.
• Share knowledge and provide appropriate training, guidance or coaching for the team
• Understand the purpose of the process performed, key risks and mitigating controls.
• Problem Solving Skills – ability to think ‘Out of the Box’ and independently work around issues that arise time to time.
About us and our teams
https://www.db.com/company/company.htm
💡 Quick Summary
Seeking a career-building opportunity? The Reference Data Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
