Asset Services (Fixed income / Claims/Redemptions), NCT

Deutsche Bank AG; Maharashtra; On-site; INR 600,000 - 1,000,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Certification sponsorship and training

Comprehensive hospitalization for you/

Employee Assistance Program

Job summary

Deutsche Bank AG in Pune invites applicants for Asset Services in Fixed income / Claims / Redemptions. The role covers accrual processing, record date balancing, and payments to institutional counterparties across various corporate actions.

You will handle high volumes with accuracy, coordinate with onshore teams, and ensure strict process controls. The position requires 4–5 years in investment banking or custody operations, with 2–3 years in fixed income related areas, and strong English

Qualifications

• Experience in Investment Banking Operations / Custody Operations with fixed income/claims/redemptions
• Strong English communication skills (written and verbal)
• Proficient in Microsoft Office applications

Responsibilities

• Liaise between internal teams and onshore/nearshore partners to resolve discrepancies and escalations
• Execute day-to-day processing, reconciliation and settlement tasks with adherence to SLAs
• Coordinate with brokers/clients/custodians via phone or email and monitor exceptions
• Supervise sub-processes, allocate work, ensure four-eyes principle and maintain controls

Skills

Investment Banking Operations

Fixed income / Claims / Redemptions

English communication

MS Office

Tools

MS Excel

PowerPoint

Outlook

Job description

Job Description:Job Title: Asset Services (Fixed income / Claims/Redemptions), NCTLocation: Pune, IndiaRole DescriptionThe process involves input, investigation, and correction where we have discrepancies related to accrual processing, Record Date balancing and Payments processing to institutional counterparties on traded stock positions, stock lending positions, and client positions over the EX and record date for Voluntary & Mandatory Corporate Actions.What we’ll offer youAs part of our flexible scheme, here are just some of the benefits that you’ll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under child care assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveYour key responsibilitiesLiaising between DBOI & onshore / nearshore partnersThe candidate should also be able to handle huge volumes and escalate issues at the right time to the Team Manager / Onshore ClientsProcess day to day activities within set benchmarks with minimal error. Activities may includeReconciliation of trade positions / books for entitlementsBooking of new positions in various DB systemsChasing counterparties on claims & initiating paymentsPost pay date reconciliation & File ClosureSpend 50-60% of the time in actual transaction processing. To supervise day to day deliverables of the process/sub-process assigned. Will be the first escalation for exceptions & aged breaks.Processing & supervising sub-processes and ensure accuracy as per the SLA / benchmarks.Work allocation to PEs, received through system queues & E-mail requestsCandidate needs to ensure that the relevant controls are executed & be responsible for 4 eyes.Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build robust control environment. Ensure there are no KPI miss, Breaches & Violation.To keep Team Manager informed of the exceptional occurrences, to enable appropriate action and also responsible for managing the team in his/her absence.Leave Management for entire TeamCandidate will be required to train this function to other acceptable candidates, so must possess training skills.Primary Working RelationshipsInternal clients, Event Management, Client Services GroupBrokers/Clients and Custodians contact via Phone and or EmailOther internal teams onshore, near shore & offshoreOperations Control on break issues Bangalore/London/Franfurt/Jacksonville/PuneYour skills and experience4 to 5 years experience in Investment Banking Operations / Custody Operations with at least 2-3 years of experience Fixed income / Claims/Redemptions or Income experienceStrong Corporate Actions knowledgeComfortable dealing with multiple stakeholders and complex situations.Strong English written & verbal skills required.Ability to converse clearly with internal and external staff via telephone and written communicationProficient in Microsoft Office applicationsBe willing to work in relevant geography business hoursReady to travel as and when requiredBe willing to work in shiftsProven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.How we’ll support youTraining and development to help you excel in your careerCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teamsPlease visit our company website for further information:https://www.db.com/company/company.htmlWe 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.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.