Clearing Margin Manager recruitment

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Job Title: Clearing Margin Manager
Corporate Title: Associate
Department: Collateral Management and Valuations (CMV)
Location: London

Overview:

The Collateral Management and Valuations function at Deutsche Bank is responsible for one of the largest, cutting edge, global programs in the market. With collateral assets under management commanding a significant position in the market today; coupled with the explosive growth in demand for our product the Collateral Management Valuations group continues to offer diverse and challenging roles.

Collateral Management is responsible for supporting the collateralization of the derivatives, repurchase agreement (repo) and foreign exchange (FX) businesses. This global group has offices in London, New York, Tokyo, Bangalore and Singapore and supports nearly 8000 clients.

CMV has a significant role to play in the development and support of Clearing, which forms a fundamental part of the Financial Reform Legislation. The requirement for FX to be cleared via a Central Clearing Party has operational implications for the whole of Global Business Services, particularly CMV.

Key Responsibilities:

Margin Management and Client Certification
* Generate and distribute statements in accordance with controls
* Book and settle margin moves on a daily basis
* Daily communication with clients, demonstrating excellent client service
* Act as point of coordination to ensure all areas of CMV are aware of onboarding of new clients and testing, schedule and requirements.

Client Education

* Work with clients, Transition Team and Front Office to develop and test changes to existing margin processes as requested by clients, for example statement format.
* Act as point of contact for queries relating to Client Testing and RFIs, and provide information and updates as requested.

Client Requests for Information (RFI)
* Log incoming Requests for Information from Transition Team
* Compile responses for Requests for Information, and ensure that responses are provided to the Transition Team, or directly to the client if required, on a daily basis.
* Respond to ad hoc Requests for Information from Transition Team and other groups within the bank

Process Development and Additional Responsibilities
* Actively participate in development of processes to support clearing
* Business analysis of Clearing House documentation and assessment of impact on CMV;
* Escalate issues identified with respect to Live Clients, Client Certification or RFIs to CCP Supervisor, and CMV Regional Management if required.
* Represent CMV CCP team at meetings discussing Client Testing and RFIs, and provide meaningful updates to the attendees of these meetings.

You will hold a degree in a business related subject or possess relevant industry experience in addition to the ability to build and maintain strong working partnerships with stakeholders and global colleagues. Knowledge of the following would be beneficial: FX products and margining, clearing margin processes, business analysis and process development.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.