Trade And/or Transaction Opera Job in Deutsche Bank

Trade and/or Transaction Opera

Position Overview

Job Title: Clearing and Settlements Analyst, NCT/ Associate

Location: Bangalore

This role In Equity Operations back office is responsible for timely Clearing and Settlement of Client, Broker, exchange and Stock, Borrow / Loan trades in European markets. The candidate must also have exposure to the reconciliation, Pre-Matching the Trade economics and Static, Investigation and resolution of Economic discrepancies, Inventory & Fails management, processing manual payments and reconciling the Cash and Stock positions.

He/she should have analytical and good problem solving, should have good communication and escalate any issues proactively. The role requires extensive internal and external stakeholder communication.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Prematching of trades with CPTY / inventory management / clearing and settlement of trades
• Monitor and confirm incoming funds for timely settlement in compliance with market practice
• Closely work with Risk Team, Middle Office and Front Office to push payments from their queue and assist in resolving payment issues and exceptional items
• Handle client queries including ad-hoc queries via phone and email
• Pro-actively chase counterparties and relevant groups in resolving non receipt of funds or payment issues and trade settlements issues.
• Understand the importance of managing issues and escalations
• Perform counterparties SSI, Trade amendments and FX Bookings
• Ensure & prepare the smooth settlements with Market (JSCC) and client / affiliate trades.
• Change the priority of the settlement
• Arrange for stock borrow to avoid the fail to deliver the stock to the client
• Calculating & confirming collateral balance of SBL and General Margin trades
• Ensuring & preparing the smooth settlement of market trades and client / affiliate trades
• Liaise with relevant teams for settlement inquiries relating to SBL equity transactions
• Communicating with external/internal clients
• Creating & sending various reports to on-shore units
• Calculate mark-to-market (MTM) payments and receipts
• Investigate discrepancies found when reconciling ledgers

Your skills and experience

• The Ideal candidate should have a university degree or equivalent with 0-2 years of Investment Banking operations experience in Equity Settlements process.
• Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and European market nuances
• Strong analytical skills, detail oriented, flexible to work in shifts and take additional responsibility when needed.
• Very good verbal and written articulation/communication skills
• Should be able to challenge status quo.
• The ideal candidate should have hands on Experience in Trade settlements and should have managed Trade operations in the past, preferably for European markets.
• Should have strong knowledge of trade life cycle and market nuances.
• Good knowledge on various financial products like Cash Equities, Prime finance, Stock

Borrow loan settlements etc.

• Basic understanding of Conversions, Corporate actions and Securities static data
• Proficient in MS office with specific concentration on MS Excel
• Good analytical skills and trouble shooting skills

How well support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

Our values define the working environment we strive to create diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click to find out more about diversity and inclusion at Deutsche Bank.