Clearing and Settlement Analyst Job in Pune at Deutsche Bank Group

Deutsche Bank Group is hiring for the role of Clearing and Settlement Analyst!

Responsibilities of the Candidate:

• Recognize potential issues and take appropriate action, including escalation to management when necessary.
• Prepare, verify, and send swift instructions to depositories and agents.
• Resolve problems arising from unmatched items and implement long-term solutions for frequently occurring issues.
• Prepare pending trades reports and communicate with custodian agents to identify settlement issues over the telephone or via provided systems.
• Assist in reconciling cash accounts against agent bank statements and resolve any discrepancies.
• Identify cash or other discrepancies in books and records and follow up until resolved.
• Escalate all issues properly and promptly to the appropriate level to avoid any adverse impact on the business.
• Analyze processes for re-engineering opportunities.
• Support the client services team in resolving settlement issues for clients.
• Assist in creating proper backups through adequate cross-training within the department.
• Process the workload of other team members to ensure load balancing within the team.
• Conduct UAT of applications and document observations.
• Be innovative and come up with ideas to automate processes, continuously improving efficiency.
• Assist the team in resolving day-to-day production-related queries.

Requirements:

• Education
  • MBA or Bachelor’s degree in Finance-related subjects with relevant experience. MBA preferred
  • Certification in securities is an added advantage
• Preferred Work Experience
  • Experience in an Investment Bank, Custodian, or Security Market Intermediary
  • 2-3 years of work experience in securities, settlements, reconciliation, or other custodian-related activities
  • Exposure to working with Global Custodians
  • Experience in the deployment of technology projects related to securities is valuable
• Secondary Skills
  • Excellent communication skills
  • Good analytical skills
  • Strong written and presentation skills
  • Ability to "connect the dots"
• Time Management Skills
  • Well-organized and able to present the results of work
  • Ability to work under pressure and meet deadlines
  • Ability to manage own time effectively
• Drive and Motivation
  • Passion for change
  • Self-confident and self-driven, requiring minimal instruction
  • Diligent, thorough, shows initiative, and is proactive
• Key Attributes
  • Sound and logical thinking
  • Effective time management skills, managing conflicting priorities to meet deadlines
  • Ability to express ideas in a style and language appropriate for the message and audience
• People Management
  • Experience in managing a team is preferable
  • Experience in performance appraisal and objective setting
  • Ability to give constructive feedback and mentor less experienced staff
  • Experience supervising work performed by others