DBS urgently needs more big data expertise to help drive the expansion of its consumer bank. The firm currently has 70 Singapore-based tech vacancies requiring big data skills (most of which have big data in the job title), according to its careers website. That’s nearly 42% of its total tech openings and 14% of its roles across all functions in the Republic.
This is not a junior or contract hiring spree – almost all the new positions are permanent and are at AVP level or above. DBS is predominately looking for mid-career candidates – from data scientists to product managers – who have work-based experience (not just academic qualifications) in big data.
Its solution architect (big data) vacancy, for example, tasks you to develop “enterprise grade data products using Spark” and demands “strong hands-on experience in distributed data architectures” and a “strong understanding of ML concepts”.
DBS also has a few data-related jobs at a senior (ED/SVP) level, such as head of customer management and analytics within consumer banking and big data analytics technology. This role calls for experience with “data integration on traditional and Hadoop environments”, and involves managing more than 100 people and spearheading future recruitment. You’ll be “responsible for growing and leading the highly skilled multi-disciplined engineering and data science teams that deliver technology and analytics solution for the consumer banking business regionally”.
Most of the vacancies lie within DBS’s group consumer banking unit, which is now handling even larger amounts of customer data following the final integration of ANZ’s Asia retail and wealth units into DBS earlier this year.
The 70 data-related jobs are part of an ongoing wider technology recruitment drive at DBS. The bank took on about 200 technologists, mainly developers and architects, in the 12 months to May this year. DBS has also been moving some development jobs in house, having previously used third-party IT vendors. These “insourced” tech staff helped the firm’s headcount to surge year on year in the first half, according to its financial results.
DBS may not find it entirely straightforward to find the data talent it needs. Banks like Standard Chartered, Citi and OCBC are also hiring, and candidates – particularly in data science – are thin on the ground in Singapore.
“Data engineers and scientists are highly sought after as banks in Asia harness massive amounts of consumer and internal business data, helping to predict the behaviour of their consumers, partners and investors, and helping to develop new products,” says Paolo Hiceta, manager of technology at recruiters Hudson in Singapore. “We see demand for people with Java, Spark, Hadoop, and Python automation and data-unification skills rising in Asia in the next two years.”
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