Derivative Settlements - Team Leader

This position is located in Jacksonville, FL- Must be willing to relocate

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 75,140 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

www.db.com

 

Über die Deutsche Bank

Die Deutsche Bank ist eine weltweit führende Investmentbank mit einem starken und erfolgreichen Privatkundengeschäft sowie sich gegenseitig verstärkenden Geschäftsfeldern. Führend in Deutschland und Europa wächst die Bank verstärkt in Nordamerika, Asien und anderen Wachstumsmärkten. Mit 75.140 Mitarbeitern in 75 Ländern bietet die Deutsche Bank weltweit einen umfassenden Service. Ziel der Bank ist es, der führende Anbieter von Finanzlösungen für anspruchsvolle Kunden auf der ganzen Welt zu sein und damit nachhaltig Mehrwert für Aktionäre und Mitarbeiter zu schaffen.

www.deutsche-bank.de

 

Investment Banking Operations:

IB Operations is a dynamic and diverse division that ensures trades are settled in a timely, cost efficient manner, that risk is minimised and that the client experience is a pleasant one. Spread across multiple product areas (Derivatives, Securities, Global Finance & Foreign Exchange Operations, Loans, Trust and Securities, as well as cross functional entities) IB Operations strives to do things smarter, faster and more effectively. It meets the technical and operational challenges of processing transactions worth hundreds of billions of Euros every day, across multiple time zones in all the major currencies and markets.

Job Description:

 

Responsible for assisting Assistant Vice President in all operational aspects of the settlements across the Credit and Rates Derivative businesses. A primary responsibility will be to manage and provide support for settlements team, by providing daily MIS and key priority items.

 Assisting in managing a team in all aspects of operational service including efficient processing of the day to day business, effective control over the business flows. Effective teamwork within the Global Derivative Settlement team will be a key area for success. The role demands heavy involvement in day to day objectives and providing clear guidance to improving department targets.The candidate will be required to interface with the Front office, Transaction Management Group, Derivative Documentation and other support partners as well as external clients to ensure timely and accurate processing of cash flows.The candidate will be responsible for managing the team encompassing all managerial duties related to efficient people management: making decisions on staffing and sourcing to deliver cost effective service while maintaining/improving staff quality by development and recruitment.The candidate will be required to play an important role in the realization of the Firm’s Target Operating Model.

Skills Required:

 

The candidate should have an appetite for resolution of issues with a creative and problem solving approach. The successful candidate must be prepared to work hard with very high levels of diligence and accuracy. Will need to be a team player, resilient to stress and have the ability to manage highly demanding situations. Excellent time management requiredAbility to manage cross business and functional relationshipsFinancial services background or Finance degree.Good IT skills, such as Windows XP and Microsoft Word and ExcelAbility to interact successfully and build strong working relationships with various internal and external groups on a daily basis (Middle Office, Legal, Credit)Excellent written and oral communication skillsThoroughness and attention to detailAbility to multi-task and work in a fast paced environment and under tight deadlinesAbility to work in a team environment in order to achieve group targetsExcellent organizational skillsAccountability, responsibility, solution and delivery focusedMotivated and PositiveExperience with 3D Cash, Smartstream, TSAR, Summit and DTCC would be advantageousMinimum University degree, 2+ years relevant Financial Industry experience is required, with 1 year management experience. Prior derivative settlement experience is a plus.

 

*Deutsche Bank is an Equal Opportunity/Affirmative Action (M/F/D/V) employer.*