GLOBAL BUSINESS SERVICES – Structured Derivative Drafter – OTC Documentation – Associate recruitment
A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Derivatives Documentation is responsible for confirmation of all OTC Derivatives products traded by GM businesses across Credit, Rates, and Equity asset classes.
The Position
Working as part of the Global Business Services group in this role you will work within the AsPac Structured Drafting team with the primary responsibility of drafting confirmations for the regional Derivatives Business (Tokyo, HK, Singapore, Sydney and all branches).
Responsibilities
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Liaise principally with marketers traders, as well as Business Managers, Operations, Compliance, Credit and Tax (as necessary) to verify trade details and to advise on drafting implications, potential risks and escalate queries in a timely fashion.
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Action urgent requests from Front Office and Global Clients on a daily basis.
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Ensure items are prioritised in accordance with internal benchmarks and FED Targets.
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Use structured Cross Asset experience to provide a thorough and detailed check to eliminate drafting errors.
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Assist with any internal projects to re-engineer the documentation process, particularly infrastructure changes.
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Perform root cause analysis on process and control issues within the front-to-back process, and suggest improvements.
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Support Aspac Credit Event Process.
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Participate in F2B/Regional working groups to improve STP rates.
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Represent Deutsche Bank by participating in ISDA working groups.
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Provide onshore support and oversight to regional processes in Manila.
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Support all AsPac regional Branches with Structured Confirmations queries.
Key Skills
To be effective in this role, you will have at least 3+ years of industry experience plus the following;
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2+ years of Derivative product knowledge would be ideal.
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Working knowledge of ISDA Documentation.
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Ability to work to targets and in a high pressure environment.
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Ability to question and challenge existing processes in order to improve efficiency.
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Candidates are required to be highly organised, self-starters, with the ability to work independently and within a team.
See more at db.com/careers
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.