Deutsche Bank India | Clearing and Settlement Operator

Responsibilities

• Functions under the remit will be support of settlement and reconciliation tasks for multiple markets including CREST as a major.
• Team manager in Drafting/Reviewing Kops Should voluntarily process workload of other members to ensure load balancing in the team.
• The candidate will also be required to liaise with Client Services, Network Management, Tax, UAT support, Static Data and Reconciliations to provide a front to back service delivery to clients.
• Preparing, verifying and sending swift instructions to Depositories and Agent.
• Monitor completion and accuracy of work that is carried out by Analyst.
• Assisting in reconciling cash/stock accounts against agent bank statements and resolving any breaks.
• Identifying cash or any other discrepancies to our books & records and following up till resolved.
• Assist in creating proper backups through adequate cross training, within the department Ensure timely Settlements of instructions.
• Assist management in carrying out any special tasks or projects that may be required from time to time.
• Assisting the team in decision making and be the backup for the Team Manager.
• Creation and maintenance of various client and Management MIS Assist.
• Resolving problems arisen from unmatched items and implement long-term solutions for frequently occurred issues Preparing pending trades report and communicate with custodian/agent to identify settlement issues over telephone or via provided systems
• Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business.

Requirements

• Ability to recognize potential issues and take the appropriate action, including escalation to management when necessary.
• Ability to analyze process for re-engineering opportunities and conduct UAT Supporting client services team to resolve problem for client in term of settlement issue.
• Should have an approach to continuously improve the process to build in efficiency in the process.
• Certification in securities will be an added advantage.
• Should have worked in an Investment Bank/Custodian/Security market intermediary.
• Should have 2-4 years of work experience in securities, settlements, reconciliation or other custodian related activities.
• Expert in Crest Market will be added advantage.
• Should have exposure working with Global Custodians.
• Experience in deployment of technology projects related to securities will be valuable.
• Strong written and presentation skills Be a ‘team player’.
• Ability to work under pressure and to deadlines.
• Self-driven and requiring minimal instructions Diligent, thorough, shows initiative and is proactive.
• Excellent communication skills Good Analytical skills Strong written and presentation skills Be a ‘team player’

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