CIB Ops - Clearing and Settlement Analyst, Securities/Asset Services - Associate

Job Title: Clearing and Settlement Analyst, Securities/Asset Services - Associate

Location: Manila

Corporate Title: Associate

Work Hours: 3PM - 12AM or 4PM - 1AM (Mid shift)

Overview

Bonds and ECM/ETF Settlements perform a unique and critical process of New/Primary Issuance deal management which involves being in touch with trading/trade support team before deal execution, receiving all bookings and set of important documents for payment pack, input/release of payment, funding management, expert knowledge of different markets avenues of potential business opportunities. This function stretches beyond regular business hours and need continuous communication with sales and support team for smooth payment processing. Considering a highly reputational and time sensitive topic, excellent verbal and written communications is required to keep the stake intact. This team also give heads up to downstream settlements team across product and market as a heads up to settle on Investor trades.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

• Competitive Salary

• Attractive Retirement Benefit

• Medical and Life Insurance upon employment

• 20 days Annual Vacation Leaves

Your key responsibilities

• Responsibility for the Back Office operations for Settlement under Fixed Income product for Primary New Issuance, Understands the importance of TAT/SLA’s and proactively works towards maintenance of the same.

• Liaising with Domestic Agents, Middle offices, Traders, Counterparties, Frankfurt, London and other internal counterparts via mail and phone to ensure smooth settlements.

• Eye for detail to process manual payments, collection of documents and doing four eye

• Gain Expertise in processing in end-to-end life cycle of Trades

• Understands and effectively manages risks through timely and accurate escalation and resolution of key issues.

• Ability to work in partnership with various support team, Key stakeholders and should be able to lead key projects

• Managing client/SA/MO/TA escalations and mitigating the process risks

• Responsible for responding to ad-hoc issues or client queries on a timely basis, ensuring all communications have been responded to before end of day.

• Ensure process documentation is relevant and updated regularly for your process to audit standards.

• Actively supports transformation and/or optimization initiatives to improve the efficiency/effectiveness of process.

• Be a Team player and support your wider team mates at all times.

• Ensure accurate and timely delivery of services to clients

• Reporting Multiple MIS

• Good communication Skills

Primary working relationships:

• Global settlement management

• Global operations management

• Internal stakeholders

Your Skills and Experience:

• Graduate preferably in Business Administration or related course

• Responsibility for the Back Office operations for Settlement under Fixed Income/Equity product, Understands the importance of TAT/SLA’s and proactively works towards maintenance of the same.

• Liaising with Domestic Agents, Middle offices, Traders, Counterparties, Frankfurt, London, US and other internal counterparts via mail and phone to ensure smooth settlements.

• Gain Expertise in processing in end-to-end life cycle of Trades

• Understands and effectively manages risks through timely and accurate escalation and resolution of key issues.

• Follow escalation matrix to escalate aged issues and critical trades to line manager and middle office for quick resolution.

• The role requires extensive internal and external stakeholder communication.  

• Own preparation of month end KRIs, DB Score activity, FMI and Reg reporting for control framework.

• Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and European market nuances

• Strong analytical skills, detail oriented, flexible to work in shifts and take additional responsibility when needed to login/logout as per business requirements.

• Own market/system testing over weekend with right level of proof capturing.

• Very good verbal and written articulation/communication skills

• Should be able to challenge status quo.

• The ideal candidate should have hands on Experience in Trade settlements and should have managed Trade operations in the past, preferably for European markets.

• Proficient in MS office with specific concentration on MS Excel

• Good analytical skills and trouble shooting skills

• Ability to work in partnership with various support team, Key stakeholders and should be able to lead key projects

• Managing client/SA/MO/TA escalations and mitigating the process risks

• Responsible for responding to ad-hoc issues or client queries on a timely basis, ensuring all communications have been responded to before end of day.

• Ensure process documentation is relevant and updated regularly for your process to audit standards.

• Actively supports transformation and/or optimization initiatives to improve the efficiency/effectiveness of the process.

• Be a Team player and support your wider team mates at all times., Shall be able to work in global environment

• Ensure accurate and timely delivery of services to clients

• Reporting Multiple MIS

• Good communication Skills

• Settlement coverage from Sydney to London

How we’ll support you

• Training and development to help you excel in your career.

• Flexible working to assist you balance your personal priorities.

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression.

• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
 

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about our diversity and inclusion policy and initiatives.

Deutsche Bank Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.