Middle Office Operations Specialist: Trade & Reconciliation

Deutsche Bank AG; Genf; On-site; CHF 120,000 - 150,000; Full time

Job summary

Deutsche Bank International Private Bank Operations is recruiting for an experienced operations professional to support end-to-end transaction management across asset types, including funds, derivatives, and securities. You will coordinate with Front Office, Compliance and Technology, driving issue resolution and ensuring accurate month-end substantiation and controls.

You will engage in projects, UAT testing and collaborate with the Robotics team to optimize processes.

Qualifications

• Experience in a similar role within a Back/Middle/Front office and in a leading financial institution.
• Solid knowledge of global custody, securities settlement, securities transfers, corporate actions, funds dealing and the end-to-end transaction lifecycle.
• Strong problem-solving skills and the ability to investigate operational issues, coordinate across different stakeholders and take ownership through to resolution.
• Ability to operate effectively in a dynamic environment.
• Solid knowledge of operational controls, reconciliation and SWIFT messaging relevant to securities settlement, securities transfers and fund dealing.
• Strong analytical skills, strong time management skills.
• Ability to work effectively with different teams across functions.
• Demonstrate a high level of integrity towards internal and external stakeholders, strong work ethics overall.
• Excellent verbal and written communication and presentation skills (English is strictly required).
• Any additional language will be considered an advantage
• Working knowledge of Avaloq will be considered a plus.
• Working knowledge of the Bank’s products and services as well as a firm understanding of regulations and policies will be considered a plus.

Responsibilities

• Troubleshoot and resolve queries across the end-to-end transaction management lifecycle for all asset types, including plain vanilla instruments, derivatives and alternative investment funds (AIFs).
• Be responsible for fund dealing and order processing, mainly for mutual funds, hedge funds and private equity funds, as well as post-trade activities including corporate event management, pricing and reconciliation.
• Oversight of nearshored reconciliation activities (reconciliation of cash, securities and interim accounts).
• Responsible for the substantiation and certification of accounts as part of the balance sheet monthly closing.
• Act as the primary point of contact for the Back Office, coordinating operational topics, clarifying responsibilities, managing expectations and ensuring issues are followed through to resolution.
• Support the Front Office and other functions across the Bank in investigating and resolving operational queries, breaks and exceptions.
• Actively engage in projects and UAT testing.
• Partner with the Robotics team to identify and deliver technology improvement opportunities.
• Build and maintain effective relationships with internal stakeholders—including Product Desks, Relationship Center, COO, Compliance, AML, ORM and Technology—and service providers, while escalating operational, regulatory and other risks to the line manager and functional leads as appropriate.
• Apply Ops/TDI/Business strategies and objectives across product and business lines in accordance with internal and external policies and guidelines, regulatory requirements and agreed SLAs.

Skills

Global custody

Securities settlement

Operational controls

SWIFT knowledge

Problem solving

English proficiency

Stakeholder engagement

Job description

Deutsche Bank International Private Bank Operations is recruiting for an experienced operations professional to support end-to-end transaction management across asset types, including funds, derivatives, and securities. You will coordinate with Front Office, Compliance and Technology, driving issue resolution and ensuring accurate month-end substantiation and controls.

You will engage in projects, UAT testing and collaborate with the Robotics team to optimize processes.