Deutsche Bank AG


★★★★ Reviews

this company

Trade and transaction operator

10 August England - Greater London, City of London Perm

Job title: Trade and Transaction Operator
Corporate title: Associate
Division: Operations
Location: London


You'll be joining Financial Resource Management (FRM) Trade Support. You'll be centrally responsible for collateral management and utilising firm inventory to meet collateral obligations for the Stock Lending, DBX trackers, Exchange Traded Funds (ETF) and Swap Valuation functions. You'll also raise additional balance for secured funding (cash repo) trades and facilitate balance sheet management each quarter end. Ensuring utilisation of assets is optimal.

Key Responsibilities:

* Providing forecasts/projections up to T3 on net collateral positions to the desk. Highlighting cash repo opportunities or the requirement for collateral coverage
* Ensuring all Key Risk Indicators (KRI) / Key Performance Indicators (KPI) are met and reported to management
* Processing and managing firm equity/debt Inventory (or) source collateral from other pools to ensure assigned collateral pool and its funds are fully collateralised as per proposal sent to counterpart. Ensuring all trades are booked accurately in a timely manner to meet tight market deadlines
* Managing Equity and Debt baskets traded by the desk or assisting in trade capture as per tickets sent by desk
* Trading capture for Swap Contracts, managing notional principals and specified tenors. Ensuring timely settlement of positions and resolving any discrepancies related to swap tickets
* Booking of collateral trade, daily monitoring and maintenance of all equity/debt pledge positions facing external Tri-party agents
* Reviewing and providing coverage of all failing positions and reconciliation of breaks to help ensure minimal impact to Profit & Loss (PnL) entries
* Familiarising self with equity and fixed income asset classes in order to manage collateral utilisation respective to collateral profiles for individual lenders/collateral profiles
* Monitoring trade discrepancies through industry reconciliation tools and internal indicators, clear exceptions in a timely manner
* Working under pressure and to tight deadlines in a high volume environment is essential. Extensive contact with the FRM Desk, external counterparties and other operational areas

Skills & Qualifications:

* Strong team player with the ability to communicate effectively and build relationships with both internal and external counterparts
* Ability to manage the overall functions of a team and provide accurate forecasts to stakeholders
* A methodical approach with good numeric and problem solving skills, strong analytical skills
* Well motivated with the ability to operate under minimum supervision, proactive, and keen to drive change
* Good understanding of global equities and collateral processes and/or strong knowledge of settlements and or trade support functions
* Good understanding and appreciation of Operational Risk
* Good Microsoft (MS) Office Skills especially with Excel
* Educated to Bachelor's degree level or equivalent qualification / work experience
* Relevant experience with an Investment Bank, Financial Institution, Accountancy, Consultancy
* Prior Equity Operations experience. Other Capital Markets, Derivatives or Prime Brokerage experience beneficial

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

  • Apply

    A copy of your application is sent to your email address.

  • Save this job
  • Send this job