Job Title: TSCO – Clearing and Settlement Analyst – Associate

Location: Manila

Corporate Title: Associate

As a Clearing and Settlement Operator, you will be accountable for managing the end-to-end settlement process and ensure smooth and timely market settlement of securities and cash transfers between Deutsche Bank and its counterparty.

In this capacity you will manage settlement through primary and secondary markets, or direct payment to clients and banks. You will support interfaces with different internal and external stakeholders (front office, clients, brokers, Nostro agents, exchanges and clearing houses) involved in the settlement process chain, according to the market standards. You will be responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management and reconciliations)

What we will 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 center.

You can expect:

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

Your key responsibilities

• Manage the end-to-end settlement process and ensure smooth and timely market settlement of securities and cash transfers between Deutsche Bank and its counterparties/clients.
• Support interfaces with different internal and external stakeholders (front office, clients, brokers, Nostro agents, exchanges and clearing houses) involved in the settlement process chain, according to the market standards
• Be responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management and reconciliations)
• Assist in completion of control related tasks such as EOD, approvals and other adhoc requests like audit etc.
• Assist to identify opportunities for process improvements and engage with SMEs/transformation team to discuss feasibility and completion

Your skills and experience

• Bachelor’s degree in a Business Course in Finance or its equivalent
• Analytical and problem solving skills combined with excellent written and verbal communication skills with the ability to cater to demanding stakeholders
• A highly organized team player who is collaborative yet able to work independently; can multi-task and has flexibility to work during challenging situations
• Background in settlements (including commodities/precious metals) or operations will be an advantage

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

About us and our teams

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

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.