Loan Operations Expert, AVP

Deutsche Bank AG; Bengaluru; On-site; INR 2,500,000 - 4,000,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Certification sponsorship

Employee Assistance Program

Hospitalization Insurance

Accident and Term life Insurance

Health screening for 35 yrs and above

Job summary

Deutsche Bank AG in Bangalore seeks a Loan Operations Expert, AVP to manage day-to-day loan settlements, processing of secondary trades, and reconciling distributions. You will interact with senior stakeholders, clients, and Legal to ensure timely settlements and compliance with internal controls.

You should have a Bachelor's degree in Finance/ Economics with several years in loan trading, settlement, and servicing, and strong analytical and communication skills in a fast-paced environment.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or Economics with 4–5 years of financial industry experience, or 6–8 years total experience.
• Experience in loan settlements, trade settlements, and loan servicing workflows.
• Ability to read and understand legal and restructuring documents and relate them to settlements.
• Strong PC skills, including Excel and Word, and ability to multi-task in a fast-paced environment.

Responsibilities

• Manage day-to-day loan activities including manual general ledger entries and cashflows.
• Process secondary trade settlements and booking in the loan system.
• Reconcile distributions from liquidators and ensure timely settlements.
• Liaise with senior stakeholders, clients, Legal, Risk, and onshore/offshore teams.
• Identify issues, provide written commentary, and support process improvements.

Skills

Analytical skills

Problem solving

Attention to detail

Communication

Education

Bachelor's Degree in Business/Finance/Economics

Tools

Loan IQ

Job description

Job Title

Loan Operations Expert, AVP

Location

Bangalore, India

Role Description

Be part of the trade settlements team who handle the settlement of loan trades with various currencies and amounts to ensure trade proceeds are completed within funding timelines in a fast-paced environment. The team processes transactions for the Distressed Products Group which deal with Settlement of Trades in the secondary loans trading market, Claims, Restructures as well as Loan Servicing.

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

Responsibilities

• Manage day-to-day loan activities including but not limited to manual general ledger entries, manual cashflows/manual funds flows, secondary trade processing etc.
• Analysis of Restructuring agreements and subsequent booking in loan system.
• Review and booking of Primary deals.
• Reconciliation and application of distributions from liquidators.
• Responsible for ensuring all operational requirements are met prior to booking/settlement of trade/loan transactions in Loan IQ system in a timely manner.
• Required to liaise with senior business stakeholders, clients and their representatives, Legal (both internal & external), Deutsche Bank Finance, Risk teams, audit and onshore and offshore Operations teams.
• Responsible for query resolution on all aspects of Loan booking/ settlement/maintenance.
• Be involved in conducting operational review of trade and loan related documentation and support the banks initiatives to meet strategic goals including process automation/ straight through processing/ control initiatives.
• Identify and escalation open issues to team manager Provide written commentary on outstanding open issues.
• Collate regular reports for monitoring purposes Daily monitoring of WIP (Work in Process) and control reports ensuring that items are properly identified and cleared up in a timely manner.
• Cash matching on internal systems Review and update procedures to ensure efficiency in training and transaction processing.
• Participate in departmental projects and initiatives which involve UAT testing Crosstrain with other departments for work efficiencies and knowledge enhancements.
• Adherent to operational controls including legal and regulatory procedures to ensure safety and security of the Bank’s assets.
• Understand business and regulatory requirements and ensure functions are being performed in those requirements.
• Other ad-hoc requests as needed assigned by management.

Skills and Experience

• Expertise in Loan IQ system & thorough knowledge on wires, nostros and fund flow between various departments and have hands on experience in at least one of the areas such as Deal Origination, Trading & Settlement, Docs management, Processing & Loan Controls.
• Candidate should have the clear understanding of ‘Delayed Compensation’ and ‘Cost of Carry’ if trading is not completed within Loan Market Association guidelines.
• Innovative thinking approach, Positive/Willing to learn attitude, Eye for detail, identify process improvement opportunities and execution, and always ready to take additional responsibilities.
• Bachelor’s Degree preferred in Business, Finance, Accounting or Economics combined with at least 4-5 years’ financial industry experience. Alternatively, 6-8 years of experience in the financial industry is preferred.
• Ability to read and understand legal documents such as credit agreements, amendment documentation, trade settlement documents and loan servicing notices.
• Strong problem solving and/or analytical skills under tight deadlines and stress induced environment.
• Possess effective decision making capabilities.
• Ability to work independently and handle heavy volumes within deadlines.
• Ability to work in a team environment in order to achieve group targets.
• Strong relationship abilities with internal departments.
• Excellent PC skills to include proficiency in Microsoft Excel and Word.
• Ability to multi-task and work in a fast-paced investment banking operations environment.
• Thoroughness and attention to detail is a must.
• Excellent organizational skills.
• Proficiency in financial applications, mathematics/analysis would be beneficial.
• Excellent written and oral communication skills.
• Strong interpersonal skills, both verbal and written.
• Knowledge of syndicated loans procedure.
• 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)