Deutsche Bank

Trust and Securities Services Operations (Clearing & Settlements) - Associate

Hong Kong, Intl Commerce Ctr Full time

Job Description:

Details of the Division and Team:    

The Custody Settlement group is responsible for managing and supporting all settlement related processes which occur on SD-1 and SD. 

The primary function of the team is to mitigate either reputational or financial risk that can occur through processing and is achieved through the primary responsibilities listed below.

What we will offer you:         

A healthy, engaged and well-supported workforce is 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.

You can expect:

  • Competitive Salary and non-contributory pension

  • 20 days annual leave plus generous number of public holidays

  • Life Assurance and Private Healthcare for you and your family

  • A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives

  • The opportunity to support a wide ranging CSR program plus take volunteering leave days

Your key responsibilities:

  • Handle settlement for HK and Overseas Equities, Bonds  

  • Client instructions preparation in in-house system

  • Pre-matching with counterparty

  • CCASS and ECMT terminal handling

  • Client reporting for pending, failed and settled trades

  • Prepare voucher for cash posting

  • Monitor the performance of the Line against the pre-agreed Service Level Documents that exist between each processing function.

  • Monitor the Nostro and depot breaks ensure valid narration, completeness and progress.

  • Monitor the high value nostros ensuring completeness and validity of narration.

  • Exception processing

  • System upgrade testing prior to implementation

  • Handle Stamp Duty Payment

  • Handle Physical Certificate conversion

  • Handle Cash Payment

Your skills and experience:

  • Degree holder preferred and with at least 5 years of relevant experience

  • Familiarize with HK and Overseas Equities settlement in custodian business.

  • Good command of written & spoken English and Chinese

  • Proficient in Excel, Word and fast typing both in English & Chinese

  • Able to work independently and under pressure

  • Able to identify risks and loopholes in operations and escalate to management

  • Able to provide recommendations to management to streamline processing or minimize operation risks

  • The ability to remotely manage.

  • The candidate must be highly motivated, highly efficient and can constantly deliver on time.

  • The candidate must be willing to take on any role within the team at any time.

How we’ll support you:        

  • 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

  • Training and development to help you excel in your career

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.

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.