Location: Manila

Corporate Title: NCT - Senior Analyst

Overview

TSCO/Investment Banking Operations is dedicated to support our business in their goal to build long-term, sustainable relationships with the Bank’s key institutional clients, while delivering strong returns to stakeholders.

TSCO/IB Operations in Deutsche Bank Manila covers a wide range of activities. Following the buying and selling of financial products and services by the bank, we ensure that each transaction is captured accurately and in a timely manner to ensure effective risk management, cleared, documented, and confirmed, settled, and reconciled, all within a tightly controlled environment in adherence with global regulatory requirements. We support the following products:

• Foreign Exchange

• OTC Derivatives - Rates and Credit

• Fixed Income

• Money Markets

• Loans

Our vision is to transform Investment Banking Operations by delivering a platform that provides competitive operating leverage and protects the Bank and its clients.”

TSCO team is recognized as key to business profitability, playing a crucial role in managing & delivering value to the Clients by establishing a strong risk & controls environment.

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.

What you can expect

• Competitive Salary

• Attractive Retirement Benefit

• Medical and Life Insurance upon employment

• 20 days Annual Vacation Leaves

Your key responsibilities

• Perform the processing of payments (remittances, customs duties, payroll, tax payments, etc) and other related activities thru various payment channels (SWIFT, PDDTS, RTGS)

• Perform reconciliations related to the assigned product operations (Nostros, W/A, sundries and all related accounts)

• Investigate account breaks and provides supporting documents for account substantiation and break resolution

• Generate and retrieve data from different systems required for reporting – MIS and Regulatory Reporting

• Escalate issues /concerns encountered with the service provider or any settlement or control issues noted

• Prepares day-in-a-day reporting on a daily basis for escalation and control monitoring

Your skills and experience

• Bachelor's Degree in either Math, Finance, Economics, Accountancy, Business Administration or its equivalent, while further professional qualification or study e.g. Master’s Degree will be an advantage.

• Prior experience in banking and a background in payment clearing and settlements is beneficial, as well as handling local remittances

• Additionally, you will need to have strong knowledge in local payment systems such as SWIFT, RTGS, PDDTS

• You will also need to possess excellent communication skills and ability to confidently interact with a diverse set of stakeholders

• Experience in local taxations (DST/WHT), Regulatory reporting, and knowledge on investment banking products (FX, OTC, FI, MM, Loans)