Group Technology & Operations – Operations Analyst, GFFX Money Market – 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.
About Group Technology and Operations
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. Active in over 50 countries and employing around a fifth of our total staff, Group Technology Operations enfolds three crucial business areas.
Technology is responsible for the development, implementation and maintenance of leading-edge software applications. They create the core systems that process trades, assess risk and deliver data. Operations encompasses the people and processes that back up global deal-making. Every day, they make sure that billions of trades are settled, risk is minimized and clients are satisfied. Infrastructure provides global data centers, networks and services that are reliable, cost effective and scalable across all divisions. GTO is a known catalyst for change within our global Bank. We pride ourselves in our creativity, courage, adaptability and strategic vision. Maybe that’s why our unique processes have been recognized by a number of industry awards. Our primary task is to make the Bank efficient and responsive today, while building the foundation to meet the demands of tomorrow.
Job responsibilities:
• Co-ordinate and ensure all static data is setup in all systems from front to back.
• Managing the flow settlement of MM related trades into the various market settlement systems for example Wallstreet, SWIFT, Smartstream Reconciliation, etc.
• Ensure trades are processed for DB branches such as DBIA, DB Jakarta and DB SG.
• Investigate and resolve any trade, cash, position and Nostro reconciliation breaks and ensure closures with other departments.
• Monitors and coordinates of any reconciliation breaks and initiatives with Asia (ex Japan ANZ) branches.
• Responds to queries in relation to settlements and confirmations .
Candidate requirements:
• Minimum of 2-5 years experience within Operations, preferably in the Money Market area.
• Good working knowledge of Money Market Products and its associated market conventions.
• A strong knowledge of SWIFT and vendor supported payment systems.
• Awareness of Operational risk and the various controls required to settle all underlying transactions.
• Ability to learn and adapt quickly to market changes.
• Flexibility to interchange within a team and take on new challenges and responsibilities.
• Good communication skills, with the ability to resolve issues independently and quickly.
• Ability to work as a part of cohesive team whilst interacting with our internal counterparts on a regular basis.
• Working knowledge of reconciliations and its associated processes.
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, color, sexual orientation or disability.
See more at db.com/careers