Job Title Operations Expert

Location London

Corporate Title Assistant Vice President

Be part of the trade settlements team who handle the settlement of loan trades with various currencies and amounts to ensure trade proceeds are completed within funding timelines in a fast-paced environment. The team processes transactions for the Distressed Products Group which deal with Settlement of Trades in the secondary loans trading market, Claims, Restructures as well as Loan Servicing.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days’ holiday plus bank holidays, with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Manage day-to-day loan activities including but not limited to manual general ledger entries, manual cashflows/manual funds flows, secondary trade processing etc.

• Responsible for ensuring all operational requirements are met prior to booking/settlement of trade/loan transactions in LoanIQ system in a timely manner

• Be involved in conducting operational review of trade and loan related documentation and support the Banks initiatives to meet strategic goals including process automation/ straight through processing/ control initiatives

• Identify and escalate open issues to team manager

• Provide written commentary on outstanding open issues

• Understand business and regulatory requirements and ensure functions are being performed in those requirements

Your skills and experience

• Expertise in Loan IQ system and thorough knowledge on wires, nostros and fund flow between various departments and have hands on experience in at least one of the areas such as Deal Origination, Trading and Settlement, Docs management, Processing and Loan Controls

• Candidate should have the clear understanding of ‘Delayed Compensation’ and ‘Cost of Carry’ if trading is not completed within LMA guidelines

• Ability to read and understand legal documents such as credit agreements, amendment documentation, trade settlement documents and loan servicing notices

• Strong problem solving and/or analytical skills under tight deadlines and stress induced environment

• Ability to multi-task and work in a fast-paced investment banking operations environment

• Proficiency in financial applications, mathematics/analysis would be beneficial

How we’ll support you

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named a Times Top 50 Employer for Gender Equality for three consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.

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.