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Clearing and Settlements Specialist

2 months ago


London, Greater London, United Kingdom AMS Deutsche Bank Full time
About the Role

We are seeking a highly skilled Clearing and Settlements Analyst to join our team at Deutsche Bank. As a key member of our Agency Securities Lending division, you will play a critical role in ensuring the smooth operation of our lending services.

Key Responsibilities
  • Develop and maintain strong relationships with our trading desks, client services team, and business partners to ensure seamless communication and collaboration.
  • Work closely with client custodians, direct clients, and brokers to support their business needs and ensure timely resolution of issues.
  • Process cash money market trade payments and settlements, and perform monthly tasks including client interest/rebate payments, account proof reconciliation, and regulatory reporting.
  • Monitor and manage settlement and collateral levels for principal book activity, and provide oversight to our settlements teams in DBoI.
  • Ensure that our clients are fully collateralized (to MTA levels) on a T+1 basis, and work against aggressive deadlines to ensure pending PSPP returns are removed from live markets at specific deadlines.
Requirements
  • Strong communication and organizational skills, with excellent verbal and written communication skills.
  • Ability to identify and prioritize multiple tasks within your daily workload in accordance with business and client needs.
  • Ability to work in a fast-paced, highly regulated environment and deliver a high standard of work in a pressurized environment without the need for correction.
  • Good understanding of securities lending processes and/or strong knowledge of fixed income and equity settlements and/or trade support functions.
  • Operations experience with exposure to the global trading markets, and experience with systems such as Global One, RMW, Bloomberg, BoNY Access ADM, Clearstream OnLine, and EasyWay.
About Deutsche Bank

Deutsche Bank is a global banking business with strong roots in Germany and operations in over 70 countries. Our large but focused footprint gives us an established position in Europe, as well as a significant presence in the Americas and Asia Pacific. We have four business divisions: the Corporate Bank, the Investment Bank, the Private Bank, and the Asset Manager DWS.

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.