Verified Job
Accounting - Finance
Confirmations Operator
Accounting - Finance
#216259
Remote / WFH
Job Description
Margin and Treasury Operation (MTO) is an umbrella group covering the processing of Collateral Margin, Money Markets, and Nostro Management. It is a first Line of Defense function that responsible for minimizing Deutsche Bank's counterparty credit risk on its collateralized derivatives portfolio
The Money Market operations is responsible for confirmation matching, settlement of trades, follow up with the Traders / Desk, etc. The various tasks in this process include confirmation matching, chasing of confirmation with counterparty, monitoring of settlement system (WSS) queues and end of day monitoring. The MM ops team in India supports the APAC, European and the Americas region
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
• The person will be providing oversight and governance for Money Market process that typically have a high level of client servicing, monetary exposure, regulatory risk and reputational /financial loss due to transaction nature, which can impact client relationships.
• Re-engineering the current process to meet the changing needs of the business. Leading/contributing to various rejects which are kicked off in the department to increase efficiency in the process.
• Responsible to carry out daily tasks effectively, efficiently and accurately protecting the Bank to any financial and Regulatory risks
• Responsible for Timely delivery of daily/Weekly /Monthly audit requests processing / customer query resolutions within provided Benchmark with the expected fashion.
• Complete and Confirm all the activity and escalation of outstanding trade queries as per processing queues
• Maintain the Quality and completeness as required by the business.
• Expected to monitor KPIs and KRIs of the process.
• Lead and contribute to Global initiatives that could be strategic and tactical.
• Should have detailed understating of Settlement & confirmation process.
• Strong operations management and project management skills are required.
• Ability to work autonomously and deliver results in a high-pressured environment.
• Ability to understand the process risk and ensure timely reporting and escalation of critical risks & non-compliance with policies, standards, and limits.
• Ability to challenge the status quo and drive the automation /process efficiency.
• Strong attention to detail and accuracy with an ability to notice minor discrepancies / issues.
• Strong verbal and written communication skills and effective interpersonal skills.
Your skills and experience
• Strong organizational skills ability to identify and prioritize multiple tasks based on criticality, impact and franchise importance.
• Exceptional communication skills - verbal, written and presentation.
• Independent problem solver who demonstrates accountability as well as execution capability.
• Background in Collateral, Margin, Rates, Credit, FX, Securities, Treasury or Liquidity Management.
• Ability to independently coordinate and manage work requirements across multiple business areas and functions.
• Ability to work in a fast-paced, highly regulated environment.
The Money Market operations is responsible for confirmation matching, settlement of trades, follow up with the Traders / Desk, etc. The various tasks in this process include confirmation matching, chasing of confirmation with counterparty, monitoring of settlement system (WSS) queues and end of day monitoring. The MM ops team in India supports the APAC, European and the Americas region
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
• The person will be providing oversight and governance for Money Market process that typically have a high level of client servicing, monetary exposure, regulatory risk and reputational /financial loss due to transaction nature, which can impact client relationships.
• Re-engineering the current process to meet the changing needs of the business. Leading/contributing to various rejects which are kicked off in the department to increase efficiency in the process.
• Responsible to carry out daily tasks effectively, efficiently and accurately protecting the Bank to any financial and Regulatory risks
• Responsible for Timely delivery of daily/Weekly /Monthly audit requests processing / customer query resolutions within provided Benchmark with the expected fashion.
• Complete and Confirm all the activity and escalation of outstanding trade queries as per processing queues
• Maintain the Quality and completeness as required by the business.
• Expected to monitor KPIs and KRIs of the process.
• Lead and contribute to Global initiatives that could be strategic and tactical.
• Should have detailed understating of Settlement & confirmation process.
• Strong operations management and project management skills are required.
• Ability to work autonomously and deliver results in a high-pressured environment.
• Ability to understand the process risk and ensure timely reporting and escalation of critical risks & non-compliance with policies, standards, and limits.
• Ability to challenge the status quo and drive the automation /process efficiency.
• Strong attention to detail and accuracy with an ability to notice minor discrepancies / issues.
• Strong verbal and written communication skills and effective interpersonal skills.
Your skills and experience
• Strong organizational skills ability to identify and prioritize multiple tasks based on criticality, impact and franchise importance.
• Exceptional communication skills - verbal, written and presentation.
• Independent problem solver who demonstrates accountability as well as execution capability.
• Background in Collateral, Margin, Rates, Credit, FX, Securities, Treasury or Liquidity Management.
• Ability to independently coordinate and manage work requirements across multiple business areas and functions.
• Ability to work in a fast-paced, highly regulated environment.
