Branch Operations Analyst, NCT

Deutsche Bank AG; Mumbai; On-site; INR 900,000 - 1,400,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance reimbursement

Sponsorship for certifications and教育

Employee Assistance Program

Hospitalization Insurance

Life Insurance

Health screening

Job summary

Deutsche Bank Mumbai is seeking a Branch Operations Analyst to support end-to-end processing and settlement of physical gold transactions, including consignments, outright sales, gold loans and deposits. You will ensure accurate execution, timely settlement, inventory integrity and coordination with internal teams, vaults and logistics providers.

Ideal candidates have a 3–5 year track record in banking operations or precious metals, strong attention to detail, Excel proficiency and the ability

Qualifications

• Bachelor’s degree in finance, Accounting, Business, Economics or a related discipline.
• Typically 3–5 years’ experience in banking operations, precious metals, commodities, trade finance, treasury settlement or physical-asset custody.
• Working knowledge of physical gold, consignment, loan or deposit lifecycles, vault processes, cash settlement, reconciliation and static data; Indian bullion-import knowledge is preferred.
• Strong attention to detail, ownership, communication, analytical and problem-solving skills, with proficiency in Microsoft Excel and transaction-processing systems.
• Proven 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.

Responsibilities

• Trade Processing and Settlement: process consignment sales, outright sales, gold loans, deposits, returns and related intercompany trades.
• Validate counterparty, product, purity, bar specification, quantity, price or fixing terms, location, value date, currency and settlement instructions.
• Capture transactions in relevant trade, settlement, inventory and accounting systems and monitor them through confirmation, physical delivery, cash settlement, maturity and closure.
• Manage consignment drawdowns, deferred-fixing events, loan or deposit maturities, repayments and amendments within agreed cut-offs.
• Prepare, review and track trade confirmations, consignment or drawdown notices, loan or deposit documents, release instructions and settlement communications.
• Maintain complete transaction records, including invoices, bar lists, transport documents, vault acknowledgements and import-related evidence.
• Create and maintain approved counterparty, account, settlement-instruction, vault, book, location and legal-entity static data under maker-checker controls.
• Coordinate storage, vault transfers, releases, collections and deliveries with approved vault and logistics providers.
• Verify legal entity, ownership account, consignee, bonded or domestic status and release conditions before issuing movement instructions.
• Ensure no metal is released without authorised instructions, complete documentation and satisfaction of applicable settlement or credit conditions.
• Monitor INR, USD and other relevant cash obligations; validate payment instructions, settlement amounts, fees, interest, premiums, taxes and value dates.
• Reconcile trades, metal balances, client positions, vault statements, cash movements and accounting entries.
• Investigate failed or delayed settlements, inventory breaks, unconfirmed trades and documentation gaps; escalate issues promptly.
• Complete daily controls and maintain clear audit trails in line with policies, procedures and applicable Indian regulatory requirements.
• Work closely with Sales, Trading and Business Finance on trade terms, fixing events, accounting, fees and break resolution.
• Coordinate with Legal, Compliance, Tax and Risk to process transactions within approved documentation, limits and governance.
• Liaise with offshore Deutsche Bank entities, clients, vault operators, refiners, carriers and customs brokers to achieve smooth settlement.

Skills

Attention to detail

Ownership

Communication

Analytical skills

Problem-solving

Microsoft Excel

Transaction-processing systems

AI tools usage

Education

Bachelor's degree in finance, Accounting, Business, Economics or a related discipline

Job description

Job Description

Job Title- Branch Operations Analyst, NCT Location- Mumbai, India

Role Description

Support the end-to-end processing and settlement of physical gold transactions booked through Deutsche Bank Mumbai, including consignment sales, outright sales, gold loans and deposits. The Associate is responsible for accurate execution, timely settlement, inventory integrity and effective coordination with internal teams, offshore legal entities, clients, vaults, and logistics providers.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare 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

Your key responsibilities

Trade Processing and Settlement Process consignment sales, outright sales, gold loans, deposits, returns and related intercompany trades. Validate counterparty, product, purity, bar specification, quantity, price or fixing terms, location, value date, currency and settlement instructions. Capture transactions accurately in relevant trade, settlement, inventory and accounting systems and monitor them through confirmation, physical delivery, cash settlement, maturity and closure. Manage consignment drawdowns, deferred-fixing events, loan or deposit maturities, repayments and amendments within agreed cut-offs. Confirmations, Documentation and Static Data Prepare, review and track trade confirmations, consignment or drawdown notices, loan or deposit documents, release instructions and settlement communications. Maintain complete transaction records, including invoices, bar lists, transport documents, vault acknowledgements and import-related evidence. Create and maintain approved counterparty, account, settlement-instruction, vault, book, location and legal-entity static data under maker-checker controls.

Physical Gold, Vault and Inventory Controls

Coordinate storage, vault transfers, releases, collections and deliveries with approved vault and logistics providers. Verify legal entity, ownership account, consignee, bonded or domestic status and release conditions before issuing movement instructions. Ensure no metal is released without authorised instructions, complete documentation and satisfaction of applicable settlement or credit conditions.

Cash Settlement, Reconciliation and Controls

Monitor INR, USD and other relevant cash obligations; validate payment instructions, settlement amounts, fees, interest, premiums, taxes and value dates. Reconcile trades, metal balances, client positions, vault statements, cash movements and accounting entries. Investigate failed or delayed settlements, inventory breaks, unconfirmed trades and documentation gaps; escal... rates promptly. Complete daily controls and maintain clear audit trails in line with policies, procedures and applicable Indian regulatory requirements.

Stakeholder Management

Work closely with Sales, Trading and Business Finance on trade terms, fixing events, accounting, fees and break resolution. Coordinate with Legal, Compliance, Tax, Credit and Risk to process transactions within approved documentation, limits and governance. Liaise with offshore Deutsche Bank entities, clients, vault operators, refiners, carriers and customs brokers to achieve smooth settlement.

Your skills and experience

Bachelor’s degree in finance, Accounting, Business, Economics or a related discipline. Typically, 3–5 years’ experience in banking operations, precious metals, commodities, trade finance, treasury settlement or physical-asset custody. Working knowledge of physical gold, consignment, loan or deposit lifecycles, vault processes, cash settlement, reconciliation and static data; Indian bullion-import knowledge is preferred. Strong attention to detail, ownership, communication, analytical and problem-solving skills, with proficiency in Microsoft Excel and transaction-processing systems. Proven 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 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
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information: https://www.db.com/company/company.html 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. 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)