Job Detail in India

Job Description

Job Title- Operations Senior Lead, AVP

Location- Mumbai, India

Role Description

The Jobholder report to VP – Deputy Head Securities & Custody Operations, in terms of guidance and authority and is guided by them in terms of strategic issues, compliance, etc. However the jobholder should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation

This role of Analyst requires a candidate with Indian capital market experience as this role requires coordination with brokers, depository and exchanges. The team is tasked to create processes for confirmation of equity trades, GSEC, Global Depository receipts, settlements, payin & payout of securities, reconciliation, holding updation and regulatory reporting for India market and performing UAT. The role also requires Static data creation and maintenance along with tracking and processing of Corporate action. This function required adherence to local regulatory policies and reporting to regulator. This is an important positions from the project perspective as it requires designing the BAU processes for meeting the SLA and Regulatory requirements.

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

This specialized role entails day to day trade processing/settlements/Cash processing of DB Securities & Custody Operations team which supports local and offshore clients and also meet ESMA requirement of the GTB – Investor Services.

Principal Accountabilities: Key activities and decision making areas:

• Exposure to Indian capital market experience as this role requires coordination with brokers, depositories, regulators and exchanges, handling BAU.
• Confirmation of equity trades, GSEC trades, Global Depository receipts, settlements, payin & payout of securities, reconciliation, cash settlement, holding updation and regulatory reporting for India market.
• Performing day to day supervision of direct repartees in the team handling equity and government securities clearing and settlements.
• All operational and people management issues are dealt with in a timely manner, operational control, identify failures and provide solutions and grooming team members.
• Training on processes and troubleshooting/problem solving along with liasing with market participants and various regulators and involve in UAT.
• Assisting team members to meet their objectives; provide them with constructive and timely feedback.
• Identifying training needs for the team members (Functional as well as Soft Skills) and ensuring that individual team members are aware of the policies, controls and procedures that apply to their role .
• The role also requires market knowledge of corporate action processing.
• Serve as technical operational expert for queries from clients/team members etc.
• Building a strong mechanism to take care of volume peaks during peak season
• Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build and maintain robust control environment.
• Identifying operational risks proactively and mitigating appropriately.
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
• Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank’s business

Your skills and experience

• Graduate (BA / BS / B.Com, etc.) with 5 to 8 year experience in the relevant field
• Exposure to the Indian capital markets, settlements or having custody background would be preferred
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills
• The candidate should be proficient in written and verbal communication.

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

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

Skills Required

• Analysis skills
• Detail orientation
• Service commitment
• Organizational and interpersonal skills