Group Technology & Operations – Collateral Management Analyst (Associate) recruitment
About Deutsche Bank
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.
Group Technology Operations overview
The strength of technology and operations is present in everything we achieve. Delivering tailored information technology and seamless transaction solutions is essential to Deutsche Bank's global resilience. Pioneering technologies and reengineering processes, we combine exceptional levels of innovation with world-class client service.
Our division designs and develops the systems, software and solutions that make millisecond transaction times cost-effective and reliable. Every second, we face the technological and logistical challenges implicit in growth, market change and constant competition.
Position Overview
The Collateral Management function at Deutsche Bank is responsible for one of the largest, most complex and most 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.
Our Team
CM Team’s principal function is risk mitigation, covering all currency, equity, rates and credit derivatives as well as FX, repo and commodity products traded across the world for bilateral and Central Clearing arrangement.
The Collateral Team’s primary role is to aggregate and manage the bank’s exposure across its entire collateralized portfolio. The implementation of our effective collateral management agreements with our clients and central clearing houses have dramatically reduced the amount of credit risk associated with a transaction. Our successful collateral management program lowers the bank’s credit line utilization and significantly reduces regulatory capital charges, which in turn leads to greater trading capacities and higher returns on capital.
Responsibilities
• Act as first level of governance on services provided by service centres.
• Manage exceptional processing and facilitate client issue management with Front Office.
• Process and manage margin calls functions for priority clients.
• Liaise with various department (such as CRM, Sales, Trading, Finance, Middle Office etc) to investigate and resolve margin call disputes.
• Follow up with clients and settlements team to ensure proper settlement of collateral movements.
• Substantiation of collateral accounts against internal systems/ledgers etc.
• Ensure proper static set-up in various systems for correct margining.
• Respond to external and internal clients on queries related to margin calls or collateral-related issues.
• Participate in system enhancement projects or initiatives to improve processing workflows.
• Participate in market initiatives working forums to support new margining workflows.
• Provide client support which includes collation of clients' visit packs in timely manner.
Requirements
• Degree holders
• Fluency in Microsoft Office applications is a must. Strong excel skills are required.
• Entrepreneurial flair, innovation, flexibility and willingness to learn are key across all of our roles.
• Analytical problem solving skills, knowledge of financial instruments and/or Collateral Management are advantageous.
• Strong team player with good communication negotiation skills with good client focus.
• Language skills are advantageous.
• Good sense of controls and risks concepts.
About the Rewards you can expect
Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.
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.
See more at db.com/careers