Deutsche Bank India | Branch Operations Analyst, NCT

Responsibilities

• The Associate is responsible for accurate execution, timely settlement, inventory integrity and effective coordination with internal teams, offshore legal entities, clients, vaults, and logistics providers.
• Support the end-to-end processing and settlement of physical gold transactions booked through Deutsche Bank Mumbai, including consignment sales, outright sales, gold loans and deposits.
• Validate counterparty, product, purity, bar specification, quantity, price or fixing terms, location, value date, currency and settlement instructions.
• Manage consignment drawdowns, deferred-fixing events, loan or deposit maturities, repayments and amendments within agreed cut-offs.
• Prepare, review and track trade confirmations, consignment or drawdown notices, loan or deposit documents, release instructions and settlement communications.
• Maintain complete transaction records, including invoices, bar lists, transport documents, vault acknowledgements and import-related evidence.
• Create and maintain approved counterparty, account, settlement-instruction, vault, book, location and legal-entity static data under maker-checker controls.
• Coordinate storage, vault transfers, releases, collections and deliveries with approved vault and logistics providers.
• Verify legal entity, ownership account, consignee, bonded or domestic status and release conditions before issuing movement instructions.
• Ensure no metal is released without authorised instructions, complete documentation and satisfaction of applicable settlement or credit conditions.
• Monitor INR, USD and other relevant cash obligations; validate payment instructions, settlement amounts, fees, interest, premiums, taxes and value dates.
• Reconcile trades, metal balances, client positions, vault statements, cash movements and accounting entries.
• Investigate failed or delayed settlements, inventory breaks, unconfirmed trades and documentation gaps; escalate material risks promptly.
• Work closely with Sales, Trading and Business Finance on trade terms, fixing events, accounting, fees and break resolution.
• Coordinate with Legal, Compliance, Tax, Credit and Risk to process transactions within approved documentation, limits and governance.
• Liaise with offshore Deutsche Bank entities, clients, vault operators, refiners, carriers and customs brokers to achieve smooth settlement.
• Process consignment sales, outright sales, gold loans, deposits, returns and related intercompany trades.

Your skills and experience

• Typically, 3–5 years’ experience in banking operations, precious metals, commodities, trade finance, treasury settlement or physical-asset custody.
• Working knowledge of physical gold, consignment, loan or deposit lifecycles, vault processes, cash settlement, reconciliation and static data; Indian bullion-import knowledge is preferred.
• Strong attention to detail, ownership, communication, analytical and problem-solving skills, with proficiency in Microsoft Excel and transaction-processing systems.

Deutsche Bank

Deutsche Bank is a leading German bank, founded in Berlin in 1870 and headquartered in Frankfurt. Its businesses span the Corporate Bank, the Investment Bank, the Private Bank and asset management through DWS, serving companies, institutions and individuals worldwide.

Deutsche Bank has been present in India since 1980. Besides its branch banking business, its Indian centres in Mumbai, Pune, Bengaluru and Jaipur support the group globally in technology, operations and finance. Finance professionals typically work in financial control, product control, regulatory reporting, tax, internal audit and risk.

• Industry: Banking and financial services
• Headquarters: Frankfurt am Main, Germany
• In India: Branch banking plus large global capability centres in Mumbai, Pune, Bengaluru and Jaipur