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

Deutsche Bank AG; Pune District; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Child care assistance

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance

Term life Insurance

Health screening 35+

Job summary

Deutsche Bank AG in Pune, India seeks an Asset Services professional for Fixed income, Claims and Redemptions processing. The role involves reconciling trades, booking positions, and expediting payments with onshore and nearshore partners.

You will manage high-volume processing, ensure controls, and train team members to maintain SLA benchmarks. Ideal candidates have 4–5 years in investment banking ops, strong corporate actions knowledge, and excellent English communication.

Qualifications

• 4 to 5 years experience in Investment Banking Operations / Custody Operations with at least 2-3 years of experience.
• Fixed income / Claims/Redemptions or Income experience.
• Strong Corporate Actions knowledge.
• Strong English written & verbal skills.
• Be willing to work in relevant geography business hours.
• Ready to travel as and when required.

Responsibilities

• Liaising between DBOI & onshore / nearshore partners.
• Handle huge volumes and escalations.
• Process day to day activities within set benchmarks with minimal error.
• Reconciliation of trade positions / books for entitlements; Booking of new positions in DB systems; Chasing counterparties on claims & initiating payments.
• Post pay date reconciliation & File Closure.
• Spend 50-60% of the time in actual transaction processing.
• Supervise day to day deliverables of the process/sub-process assigned.
• 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 requests.
• Ensure relevant controls are executed & be responsible for 4 eyes.
• Adhere to internal/external process guidelines, compliance and legal to build robust controls.
• Ensure there are no KPI misses, breaches & violations.
• Keep Team Manager informed of exceptional occurrences and manage the team in absence.
• Leave Management for entire Team.
• Training of function to other acceptable candidates.

Skills

Investment Banking Operations

Custody Operations

Fixed income / Claims/Redemptions

Corporate Actions knowledge

English communication

Microsoft Office

Job description

Job Description

Job Title: Asset Services (Fixed income / Claims/Redemptions), NCT Location: Pune, India

Role Description

The 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.

Benefits

What we’ll offer you

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Key Responsibilities

• Liaising between DBOI & onshore / nearshore partners
• The candidate should also be able to handle huge volumes and escal
• Process day to day activities within set benchmarks with minimal error.
• Activities may include Reconciliation of trade positions / books for entitlements Booking of new positions in various DB systems Chasing counterparties on claims & initiating payments Post pay date reconciliation & File Closure Spend 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 requests
• Candidate 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 Team
• Candidate will be required to train this function to other acceptable candidates, so must possess training skills.
• Primary Working Relationships
• Internal clients, Event Management, Client Services Group Brokers/Clients and Custodians contact via Phone and or Email Other internal teams onshore, near shore & offshore Operations Control on break issues Bangalore/London/Franfurt/Jacksonville/Pune

Skills and Experience

• 4 to 5 years experience in Investment Banking Operations / Custody Operations with at least 2-3 years of experience
• Fixed income / Claims/Redemptions or Income experience
• Strong Corporate Actions knowledge
• Comfortable 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 communication
• Proficient in Microsoft Office applications
• Be willing to work in relevant geography business hours
• Ready to travel as and when required