Deutsche Bank Looking for Trade Operations Analyst – Analyst at New York, NY Full Time

Job Title Trade Operations Analyst

Corporate Title Analyst

Location New York, NY

Overview

The Fed Settlements team is part of the wider FICC Operations group within Deutsche Bank. Our team was created with goal of continually refining and evolving the settlements process of U.S. treasury securities settlements and trade flow optimization. In this role you will Reconcile FICC Obligation Orders between BONY (Bank of New York / Fed Wire Custodian) and ICI (Books and Records System) and ensure all settlement instructions are entered properly into the Bank of New York Clearance System.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Reconcile FICC Obligation Orders between BONY (Bank of New York / Fed Wire Custodian) and ICI (Books and Records System) and ensure all settlement instructions are entered properly into the Bank of New York Clearance System

• Optimize Delivery opportunities through the use of Partials, Pair-Off’s and Inter-Day Securities Borrowing and resolve Settlement discrepancies by monitoring exception queues inter-day

• Perform position reconciliations between internal and external systems and confirm Fails and report discrepancies

• Participates in Disaster Recovery (DR) tests (internal and external) and in system upgrades/enhancements

• Reconcile FICC Uncompiled Repo Report – (Breaks) and the FICC GL/Wash Account. Manage FICC Collateral Substitution Process. Monitoring of FICC RTTM (Real Time Trade Match) system

• Manage GCF (General Collateral Finance) Processing, BONY (Bank of New York) and FICC-GSD Monthly Billing, and FICC Obligations and Blind Broker Fails. Prepare Department’s Management Information System (MIS)

Skills You’ll Need

• BA, BS or associate degree in Brokerage/Financial accounting or moderate relevant Securities Operations experience

• Excellent technical skills: (you must have Fed wire clearance system experience and Fixed Income Clearing Corp (FICC) system for US Treasury/Agency products. Proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Words, PowerPoint, and Access

• Strong analytical skills: (ability to utilize different techniques to resolved problems transactions)

• Solid operational skills: (Solid understanding of trade processing and settlement procedures)

• Job knowledge: (you must have knowledge of the Firm’s markets, products, business, and regulations) specific to Fedwire products (US Treasuries, Agencies and Mortgage-Backed Securities)

Skills That Will Help You Excel

• Excellent Interpersonal skills: (you must have excellent communication/oral skills and interacts well with other team members; i.e., Clients, Sales, Trading, Ops, Information Technology (IT), counterparts’ back and middle office ops). You must be able to work in a high-pressure environment due to the fact that a significant portion of the transactions are process/settle real time, on-line with critical deadline

• Good organization and communication skills are essential

• Ambitious, possess drive and be a self-starter

• Looking to drive the Business forward and continually challenge the current processes

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.