Deutsche Bank Hiring for Confirmations Operator at Jaipur, Rajasthan, India Full Time

Job Description

Job Title: Analyst Location: Jaipur, India You will process daily documentation/confirmations and related activities of the team. You will be responsible to ensure that all tasks assigned are done accurately and all the exceptions items are followed up to resolution. The core functions covered within the FX, Commodities and Precious Metal Confirmation Group include ensuring the timely execution of trade confirmation by drafting trade confirmation as per ISDA definitions and industry guideline. You will be responsible for ensuring the operations environment is run in a controlled manner, ensuring that all KPI’s are achieved and delivered to the standards agreed. The job holder also needs to ensure the resources both human and technological are managed effectively to ensure that all operational risks are mitigated, there is coverage to ensure any business requirements, standard and non-standard are understood and met at all times. Job holder needs to be able to manage market-driven flows, understand the client and market needs and be able to manage the team to adapt to these to ensure delivery Other responsibilities include cross -training, succession planning, Preparation of Management reports and contributing to departmental initiatives, and working with various departments to ensure timely and accurate processing of all activities on a regular basis within the given timelines. 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)
• Flexible working arrangements
• 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

• Ensuring that all confirmations are drafted in a timely manner, meeting the relevant regulatory requirements on confirmation timeliness.
• Draft manual longform confirmations for structured/vanilla trade types.
• Working with Legal, front office and structuring teams to ensure timely dispatch
• Checking that the bookings of any trades in the risk management systems are correct and escalate any booking errors to the Front Office immediately.
• Query investigation/resolution which often involves coordinating with Sales, Trading, other DB branches and department members as well as external customers.
• Liaise with onshore contacts in UK & APAC, acting as a primary point of contact for investigation and resolution of any outstanding issues and problems.
• Diligence, attention to detail and commitment to maintaining a strong control environment
• Dedication, drive and a strong work ethic
• Strong written and verbal communication skills essential
• Good client relationship management skills – understanding the importance of good client service, both external and internal
• Ability to work under pressure and manage tight deadlines, in an increasingly regulated environment
• Be a strong team player
• Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.
• Reviewing daily benchmark reports for each of the process lines, investigating benchmark breaches and working towards process improvements/quality enhancements
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc)
• To build process documentation, define benchmarks, capacity model, baseline volumes etc. for teams managed
• Driving Process Improvement through innovation, and involvement of all.
• Effectively manage risk and foster a robust control environment where team is fully aware of Operational Risk management.
• Detailed oriented, adaptable to changes in the work environment while maintaining strong teamwork and project ownership.
• Focus on high risk transactions and keep all operational guidelines updated

Primary working relationships:

• Global documentation management
• Global operations management
• External clients
• Internal clients – Front office, Middle office, Legal, Audit, Credit

Your skills and experience

• Graduate preferably in Commerce
• Strong understanding of ISDA confirmation template framework
• Knowledge of the recent ISDA, Regulatory rules and & confirmation timeliness affecting OTC Derivatives
• The candidate should have over eight years of Operations experience. Preferably within Investment Banking operations experience with knowledge of Precious Metal and Commodities derivatives.
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
• Fluent with English, both verbal and written communication
• Ability to identify and develop strong working relationship with internal ‘client’ groups
• Ability to work independently, as well as in a team environment,
• Eye for detail, ability to multitask, and meet strict deadlines.
• Proficient in Microsoft Office applications, good Excel skills required
• Flexibility to work in shifts based of business requirement (Primary shift US time)

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
• An opportunity to work on critical projects and processes involving interaction with senior leadership in the Bank on very critical Regulatory deliverables
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams
https://www.db.com/company/company.htm Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.