Deutsche Bank - Manager/Vice President - Operations

Job Title: Operations Manager, VP

Location: Pune, India

Role Description:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Your key responsibilities:

- Role requires leadership at both the site level in the DWS Pune location as well as direct engagement with our day-to-day DQM (Data Quality Management) business activities - working directly with DWS senior leadership from US and India locations to support critical business activities that ties into Trading, Cash Management, Risk, Performance, Investment Guidelines and Client Reporting activities. Candidate should be well rounded and have a good understanding of all business lines/functions across Operations along the value chain from trade execution until final settlement.

- Being the DQM Operations Team Lead, responsibilities include managing the quality, integrity and validity of security reference, time series, pricing and analytics data for DWS. The DQM Lead is considered an escalation point as well as someone who can process updates, maintaining Security Master data to align with current market standards - this includes pricing and those market data feeds/factors impacting security characteristics, market values and analytics (Yield, Duration, and Convexity). The DQM rep will work closely with and considered as an extension of our India DQM processing team to proactively address Run the Bank (RTB) data management activities and assist with Change the bank (CTB) initiatives.

- The Data Management team provides technical advice/support to both the business and internal stakeholders that includes the identification and resolution of security and pricing data quality issues. The DQM Lead acts as a key point of contact for liaising and consulting with stakeholders to ensure best practice is followed, data integrity issues are effectively escalated and resolved in an efficient manner. The team is expected to address all facets of the security set-up process and determine possible downstream negative impacts. This requires a good understanding of the life cycle of a trade.

- The team is exposed to many financial products which includes Equities, Fixed Income (MBS, ABS, Corporate, Municipals), Derivatives (Swaps, Options, Futures), and Cash (CP, CD, TD, Repos). The team is responsible for maintaining Security Master and updating pricing using authoritative market data sources; validating security set-ups for accuracy, maintaining SSI's and working with various operational teams (Transaction Processing Group - security trade related issues, Reconciliations - cash break resolution and Client Onboarding team - in-kind asset transfers) as well as external vendors, market data sources and IT teams to investigate, understand and remediate root cause.

Your skills and experience:

Skills You'll Need:

- Bachelor's degree required.

- 10+ years in the buy or sell side financial industry experience (asset management, private banking, investment banking).

- Ability to lead/guide through issues and mentor teams during time sensitive and high pressure situations.

- Understanding of Security Master data set-ups and the impact of that data on Pricing and Analytics.

- Drive continuous data quality improvements within the organization and with our vendors, proactively track multiple data related issues at once and able prioritize outstanding tasks based on highest risks.

- Hands on experience with Bloomberg and Reuters.

- Experience working with portfolios, trading platforms (Aladdin) as well as excellent understanding of life cycle of a trade.

- Understanding of maintaining Data Quality with current market standards, identifying issues and perform root cause analysis when there are gaps. Escalate with management in the event processing or control issues identified.

- Subject matter expert for Security Master set-ups and drive to obtain root cause of security reference data and pricing issues. Ability to make recommendations in efforts to create processing efficiencies.

- Ensure tasks are followed according to Operating Procedures and provide support to offshore teams.

- Act as escalation point for Front Office queries - work closely with India staff to ensure issues are addressed in timely manner and escalate processing delays or when SLA's are not met.

- Good understanding of Pricing and Analytics.

Skills That Will Help You Excel:

- Effectively manages own time and complete tasks on time. Proactively engage team on issues where there are challenges and step in to help clear aging items.

- Focusing on continually improving on our practices and seeking out more efficient solutions.

- Taking personal ownership for delivering and achieving outcomes. Effectively communicate obstacles, business opportunities and challenges up the value chain.

- Demonstrates commitment to the organizational - behaviors and practices tied to DWS values beliefs. Actively seeks and responds to feedback on own performance in a positive manner.

- Ability to make sound judgment - when to raise concerns and escalate with management.

- Good critical thinking skills. Ability to quickly learn under a time sensitive and high-pressure environment.

- Build and maintain strong internal and external working relationships.

- Excellent organization and communication skills.

- Thoroughness and attention to detail a must.

- Ability to identify and prioritize multiple tasks. Read more