Clearing and Settlement Analyst, AS

Job Title: Clearing and Settlement Analyst, AS

Location: Bangalore, India

Role Description

Clearing and Settlement is responsible for managing the end-to-end clearing and settlement process. This is to ensure smooth and timely market settlement of securities and cash transfers between the bank and its counterparty.

Work includes:

• Supporting interaction between  internal and external stakeholders involved in the clearing and settlement process chain
• Allocating assets to optimize the portfolio strategically
• Ensuring adherence with market standards
• Clearing and settling through both primary and secondary markets and direct payments

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

• Ensure all daily deliverables are complete as per SLA.
• Completeness of task as per the KPI. Focus on quality (‘Right time, First Time).
• Review of MIS, Out Going External Emails, Work Allocation.
• Ensures timely response and action of queries received.
• Reporting and escalation of aged / high value breaks with estimated potential or actual impact. 
• Helping the Lead in preparation of daily, weekly, and monthly dash boards including plans for internal reviews, audits, and walkthroughs. 
• Facilitating of root cause analysis and documentation to ensure fixing of issue at source.
• Partnering with teams upstream and end users for timely break resolution through identification of weaknesses/insufficiencies in the processes and controls due to changes in operating environment. 
• F2B understanding from a system and process perspective whilst understanding the impact of market trends on process flows. 
• Running daily team huddles on adequacy of procedures and controls alongside priorities for the day.
• Identify training needs for junior team members in partnership of the AVP to improve performance, team knowledge of common errors and how to avoid/correct, cross training/back-up planning, seating, equipment, and technology.
• Contributes to global projects and business objectives. 

Your skills and experience

Experience / Requirements:

• Working knowledge and hands on experience on Listed Derivatives Futures & Options functioning.
• Cleared OTC business and market knowledge would be added advantage.
• Min 5-10 Years of experience in Listed Derivatives.
• Experience in working with diverse teams, regionally and virtually.
• Basics of KYC requirement, on boarding requirements for a new client.
• Knowledge on OMNIBUS & Segregated accounts.
• Well-versed in use of Microsoft Office

• Working knowledge of GMI, Clearvision, FIA Docs, Atlantis, Consensys, etc. related systems.
• Knowledge of required exchange systems and interfaces.
• Ability to perform BAU accurately, even under tight deadlines, with agility for problem solving.
• Good communication and interpersonal skills.
• Willingness to take on responsibility and learn new tasks to guide the team even at ground levels.
• Flexibility in working hours and following of Firm policies & guidelines regarding work / shift and coverage requirements.

Qualifications:

• Background in Commerce
• Working experience in same of similar business line.
• Also, ref to description mentioned in previous sections of Duties & Responsibilities, Experience / Requirements:

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

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.