POSITION OVERVIEW

Job Title: TSCO – Clearing and Settlement Analyst – Associate*
Location: Manila
Corporate Title : Associate
*This job requisition is in-scope of Position-Based Promotion (PBB) for internal candidates
As a Clearing and Settlement Operator, you will be accountable for managing the end-to-end settlement process and ensure smooth and timely market settlement of securities and cash transfers between Deutsche Bank and its counterparty.
In this capacity you will manage settlement through primary and secondary markets, or direct payment to clients and banks. You will support interfaces with different internal and external stakeholders (front office, clients, brokers, Nostro agents, exchanges and clearing houses) involved in the settlement process chain, according to the market standards. You will be responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management and reconciliations)

YOUR SKILLS AND EXPERIENCE

• Bachelor’s degree in a Business Course in Finance or its equivalent
• Analytical and problem solving skills combined with excellent written and verbal communication skills with the ability to cater to demanding stakeholders
• A highly organized team player who is collaborative yet able to work independently ; can multi-task and has flexibility to work during challenging situations
• Background in settlements (including commodities/precious metals) or operations will be an advantage

ABOUT US AND OUR TEAMS

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment

• Manage the end-to-end settlement process and ensure smooth and timely market settlement of securities and cash transfers between Deutsche Bank and its counterpart ies/clients .
• Support interfaces with different internal and external stakeholders (front office, clients, brokers, Nostro agents, exchanges and clearing houses) involved in the settlement process chain, according to the market standards
• Be responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management and reconciliations)
• Assist in completion of control related tasks such as EOD, approvals and other adhoc requests like audit etc.
• Assist to identify opportunities for process improvements and engage with SMEs/transformation team to discuss feasibility and completion