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Job Title: Clearing and Settlement Operator
Corporate Title: NCT
Location: Pune, India
Position Description
Sr Analyst - Operations for Pune location. Functions under the remit will be support of settlement and reconciliation tasks for multiple markets covering CREST as a major. The person will also be required to liaise with Customer Services, Network Management, Tax, UAT support, Static Data and Reconciliations to deliver a front to back service delivery to client organisations. Region under the remit will be MMA UK.
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 main responsibilities
Aptitude to recognize potential issues and take the appropriate action, among them escalation to management when necessary
Preparing, verifying and sending swift instructions to Depositories and Agent.
Resolving problems arisen from unmatched items and implement long-term solutions for frequently occurred issues Preparing pending trades report and communicate with custodian/agent to spot settlement issues over telephone or via provided systems
Monitor completion and accuracy of work that is carried out by Analyst.
Assisting in reconciling cash/stock accounts against agent bank statements and resolving any breaks.
Pinpointing cash or any other discrepancies to our books & records and following up till resolved.
Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business.
Capability to analyze process for re-engineering chances and conduct UAT Supporting client services team to resolve problem for client organisation in term of settlement issue.
Assist in creating proper backups through adequate cross training, within the department Guarantee timely Settlements of instructions.
Client Reporting To keep Team Manager informed of the exceptional occurrences, to equip appropriate action.
Assist management in carrying out any special tasks or projects that may be required from time to time.
Assisting the team in decision making and be the backup for the Team Manager.
Creation and maintenance of several client and Management MIS Assist
Team manager in Drafting/Reviewing Kops Should voluntarily process workload of other members to ensure load balancing in the team.
Be innovative and come up with ideas to automate the processes.
Should have an approach to continuously enhance the process to establish in streamlining in the process
Your capabilities and experience
Education
MBA or bachelor’s degree in a Finance related subjects with relevant experience. MBA preferred. Certification in securities will be an added advantage
Preferred Work Experience
Should have worked in an Investment Bank/Custodian/Security market intermediary
Should have 2-4 years of work exposure to securities, settlements, reconciliation or other custodian related activities.
Expert in Crest Market will be added advantage.
Should have exposure teaming up with Global Custodians
Background in deployment of technology projects related to securities will be valuable
Secondary Competencies
First-rate communication capabilities Good Analytical competencies Sound written and presentation capabilities Be a ‘team player’
Time management competencies
Well organized & able to clearly present results of work Capability to work under pressure and to deadlines
Drive and Motivation
Self-driven and requiring minimal instructions Diligent, thorough, shows initiative and is proactive
Proven capacity to draw on AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
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.html
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.
This Clearing and Settlement Operator vacancy is based in Pune.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Clearing and Settlement Operator at Deutsche Bank.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Deutsche Bank's application process for this role.