Operations Expert, VP

Deutsche Bank AG; Bengaluru; On-site; INR 4,000,000 - 7,500,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare assistance

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance

Life Insurance

Health screening

Job summary

Deutsche Bank AG in Bengaluru seeks an Operations Expert, VP to lead margin operations and client-facing valuation activities. You will coordinate with Trading, Sales, and risk teams to resolve inquiries and ensure strong controls across a global span.

Ideal candidates have extensive banking experience, strong leadership, and the ability to mentor junior staff while driving process improvements in a high-regulation environment.

Qualifications

• Degree in Finance or related field with extensive work experience in Banking/Finance.
• Around 15 years in a global cross-functional, regulated environment.
• Detailed knowledge of Derivatives, Trade Lifecycle, margin rules and settlements.

Responsibilities

• Be a central point of contact for external clients on valuations and disputes.
• Coordinate with Trading, Sales, Product control and risk teams to resolve inquiries.
• Maintain consistency in procedures and stay aligned with organizational goals.
• Inform Management of exceptional events to enable timely action.
• Monitor KPIs and KRIs; drive improvements and risk controls.
• Lead projects to improve efficiency and client experience.

Skills

Leadership

Communication

Problem solving

Cross-functional coordination

Mentoring

Regulatory awareness

Education

Finance degree

Commerce degree

Tools

TriResolve

Acadiasoft

Tableau

Alteryx

Job description

Job Title: Operations Expert, VP

Location: Bangalore, India

Role Description

Deutsche Bank is committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports diverse perspectives, driven by a shared sense of purpose.

Margin Operations

• Margin Operations responsible for minimizing Deutsche Bank’s counterparty credit risk on its collateralized derivatives portfolio. We aggregate the Bank’s exposure across trading activity globally, administer the margin terms dictated in bilateral ISDA and CSA (Credit Support Annex) Agreements and facilitate exchange of permissible collateral (cash or securities) with our clients or central clearing counterparties. The team also manages Margin Disputes, regulatory Portfolio Reconciliation and Data Control flowing into the margining systems for APAC, EMEA and US regions.

What we’ll offer you

• 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

• Be a central point of contact for external clients on valuations and responding / resolving their queries / disputes in a timely and professional manner and having to build strong working relationships with various front and back-offices departments globally
• Coordinate with such areas as Trading, Sales, Product control, Embedded Risk Teams and Middle Office to resolve escalated customer inquiries and disputes
• Close interaction with regional and global teams to ensure consistency in procedures and policy and to stay aware of organizational objectives
• Keep Management informed of the exceptional occurrences, to enable appropriate action
• Manage risks relating to specific processes and identify any deviations from established policies and guidelines
• Re-engineering the current process to meet the changing needs of the business.
• Leading/contributing to various projects which are kicked off in the department to increase efficiency in the process, improve client experience and enhance the control environment.
• Manage operational risk by checking strength of existing controls and recommend/implement new or improved controls
• Expected to monitor KPIs and KRIs of the process and define / enhance them as required.
• Lead and contribute to Global initiatives that could be strategic and tactical in nature
• Knowledge of TriResolve, Acadiasoft is must
• Knowledge of Tableau, Alteryx and other self-service analytical and data interpretation tools and AI tools will be an advantage
• Groom and coach team to take on stretch assignments, own performance management for immediate team and act as mentor for junior team members in the wider division
• Act as the key SPOC for any process reviews by control functions like Internal and External Auditors, Divisional Control Office and other teams
• Perform proactive risk reviews to identify and remediate control gaps

Your skills and experience

• Strong organizational skills; ability to identify and prioritize multiple tasks based on criticality, impact and franchise importance.
• Exceptional communication skills – verbal, written and presentation.
• Independent problem solver who demonstrates accountability as well as execution capability.
• Ability to independently coordinate and manage work requirements across multiple business areas and functions.
• Ability to work in a fast-paced, highly regulated environment.
• Ability to connect with people as well as desire to learn process flows.
• Dedication to servicing a demanding internal and external client base.
• Ability to mentor and coach the new joiners.

Professional skills

Degree educated in Finance, Commerce or related field with a minimum of 15 years of work experience in a Banking/Finance environment. Experience working in a global, cross matrix reporting organization Should have detailed understating of Derivatives, Trade Life Cycle, UnCleared Margin Rules, reconciliations and settlements processes

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)