Job Description

Clearing and Settlement Operator

Job ID: R0303248
Full/Part-Time: Full-time


Regular/Temporary: Regular
Listed: 2023-11-15


Location: Mumbai

Position Overview

Job Title: Clearing and Settlement Analyst Location: Mumbai Role Description This specialized role entails day to day trade processing/settlements/FX/Cash processing of DB Securities & Custody Operations team which supports local and offshore clients of the GTB \xe2\x80\x93Custody Services. What we\xe2\x80\x99ll offer you As part of our flexible scheme, here are just some of the benefits that you\xe2\x80\x99ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities This specialized role entails day to day trade processing and settlements of DB Securities & Custody Operations team which supports local and offshore clients of the GTB \xe2\x80\x93 Investor Services. This function requires adherence to local regulatory policies and changing regulatory frame work. You will report to VP Head Securities & Custody Operations, in terms of guidance and authority and is guided by him/her in terms of strategic issues, compliance, etc. However you should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation. With an experience in Indian capital market, coordination with brokers, depository and exchanges and handling BAU to process FX transactions of GC clients, your key responsibilities will be to:

• To co-ordinate various activities of the team related to trade processing and regulatory reporting, confirmation of trades, settlements, payin & payout of securities, processing Remittance of Custody clients and cash processing
• Ensure quality and quantity of processing is maintained as per the client SLA
• Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner
• Serve as technical operational expert for queries from clients/team members etc.
• Building a strong mechanism to take care of volume peaks during peak season
• Ensuring closure of tasks within prescribed SLAs
• Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build and maintain robust control environment.
• Identifying operational risks proactively and mitigating appropriately.
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
• Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank\xe2\x80\x99s business.
• People Management - Support the development of an environment where people management and development is the number one priority. Coach direct reports and others in the organisation, as appropriate
• Actively support the business strategy, plans and values, contributing to the achievement of a high performance culture
• Take ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
• Act as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
• Support tough people decisions to ensure people performance is aligned with organisation imperatives and needs. Address individual performance issues, where necessary, to drive for high performance

Your skills and experience

• Exposure to the Indian capital markets, settlements or having custody background would be preferred
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills
• Proficient in written and verbal communication

Your Qualification

• Graduate (BA/ BS / B.Com, etc.) with 4 to 5 years experience in the relevant field

How we\xe2\x80\x99ll 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

About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm Our values define the working environment we strive to create \xe2\x80\x93 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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.