Clearing and Settlement Analyst
Location
Jaipur | India
Job description
Position Overview
Job Title - Clearing and Settlement Analyst, AS
Location – Jaipur, India
Role Description
The function involves Settlement activities for Debt Securities and operates in US shift timings
Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process. This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. Work includes:
- Supporting interaction between internal and external stakeholders involved in the clearing and settlement process chain
- Allocating assets to optimize the portfolio strategically
- Ensuring adherence with market standards
- Clearing and settling through both primary and secondary markets and direct payments
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- 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
- Job involves Settlement Activities on the Debt Markets To supervise the day to day deliverables of the process
- Ensuring that all activities and exceptions are handled as per the market deadline and KPI benchmark standards.
- Escalations are done appropriately, as required by the process.
- The candidate will be required to handle multiple markets and diverse clients.
- Liaising with Domestic Agents, Middle offices, Traders, Counterparties, US, Frankfurt, London and other internal counterparts via mail and phone to ensure smooth settlements.
- Ensure adherence to all cut-off times and quality of processing as maintained in SLA.
- Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner
- Ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified.
- To keep Team Manager informed of the exceptional occurrences, to enable appropriate action.
- Ensure that Desktop procedures are updated regularly to reflect current process flows.
- Assist DBOI, Pune in carrying out any special tasks or projects that may be required from time to time as assigned by Team Manager/AVP
- Assisting the team in decision making and taking and be the backup for the Team Manager
- Training new recruits - ensure they are fully knowledgeable about the process.
- Ability to analyze process for re-engineering opportunities.
- Strong analytical skills and ability to multitask
- Daily / Weekly MI reporting
- Good communication and interpersonal skills
- Adherence to DB values
Your skills and experience
- Commerce Graduate (minimum)
- Should have an understanding of Debt Markets workflow
- Good command of spoken & written English
- Excellent Interpersonal Skills
- Time Management and Stress Management Skill
- 3-5 year’s working experience in investment bank – preferably in Fixed income
- A team player with good organizational skills
- Detail-oriented, proactive & be able to work under pressure
- PC literate (Word, Excel – macro)
How we’ll support you
- Training and development to help you excel in your career
- 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
Please visit our company website for further information:
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.
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.
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