TSCO - Trade Confirmations Analyst / Senior Analyst (Derivatives)

Deutsche Bank; Philippines; On-site; PHP 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive Salary

Attractive Retirement Benefit

Medical and Life Insurance

20 days Annual Vacation Leaves

Job summary

Deutsche Bank in Manila is seeking a Trade Confirmations Analyst/Sr. Analyst (Derivatives) to ensure accurate affirmation, confirmation and documentation of derivative trades across Asia and international branches, while meeting regulatory and client requirements.

The role emphasizes strong attention to detail, cross-functional collaboration with Trading, Sales, Middle Office, Legal and Compliance, and proactive resolution of discrepancies with opportunities for development in a supportive

Qualifications

• Bachelor's degree in Banking and Finance or related field.
• Understanding of the trade life cycle and derivatives.
• Self-motivated with proactive attitude.
• Experience with AI tools to improve productivity and workflows.

Responsibilities

• Review client confirmations against trade documentation and systems.
• Perform first- and second-level reviews of terms, language, and approvals.
• Investigate discrepancies and coordinate with stakeholders.
• Serve as client-facing contact for confirmations and documentation.
• Ensure timely follow-up and escalate aged or high-risk items.
• Maintain audit trails and support control testing.
• Interact with Trading, Sales, Middle Office, Legal and Compliance.

Skills

Trade life cycle understanding

Self-motivated

AI productivity

Business requirements

Education

Bachelor's degree in Banking and Finance

Job description

TSCO - Trade Confirmations Analyst/Sr. Analyst (Derivatives)

Location: Manila

Corporate Title: NCT

Overview

The purpose of the role is to support OTC Derivatives and Foreign Exchange business ensuring that each derivative transaction is affirmed, confirmed and the documentation executed accurately and in a timely manner therefore, managing internal risk. While building and retaining a strong external client focused connectivity and perspective of the market environment, the candidate should be cognizant of market development and requirements while meeting Individual client and regional Service Level Agreement requirements. Local DB branch regulatory requirements, as they apply to the client, will be observed at all times while catering to client sensitivity and specific requirements.

The incumbent will be responsible for trade processing of Derivative products for the Global Rates, Global Credit Trading and FX Option for all Asia Entities & London, Frankfurt and New York Branches of Deutsche Bank AG.

What we will offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its center.

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

Your key responsibilities

• Reviewing client-signed, client-drafted, and returned confirmations against the DB drafted confirmation, booking system, term sheet, deal ticket, trade recap, and other supporting evidence.
• Performing first- and second-level independent reviews of economic terms, legal language, trade identifiers, client details, signatures, and required approvals before confirmation execution.
• Identifying economic, documentation, or language discrepancies and coordinating timely investigation and resolution with clients, Chasing, Drafting, Trading, Sales, Middle Office, Legal, and other relevant stakeholders.
• Acting as a client-facing contact for outstanding confirmations, document queries, mark-ups, disputed terms, and requests for additional evidence, while maintaining clear, professional, and timely communication.
• Following up with counterparties to obtain signed or counterparty-prepared confirmations within applicable service-level and regulatory timelines, and escalating aged or high-risk items as required.
• Ensuring confirmations are independently received from and dispatched to authorized client contacts, with appropriate segregation of duties and adherence to authentication, confidentiality, and operational-control requirements.
• Maintaining a complete and accurate audit trail in the relevant workflow systems, including review notes, supporting documents, discrepancy classifications, approvals, client correspondence, reviewer details, and execution status.
• Monitoring daily queues and aged outstanding items, producing management information and escalation reports, supporting control testing and audits, and participating in system testing and process-improvement initiatives.

This role involves significant interaction with Trading, Sales, Finance, Middle Office, legal and compliance and a variety of internal and external clients to support the product mix.

Your skills and experience

• Have an understanding of the trade life cycle
• Bachelor's degree, graduate of Banking and Finance - with good understanding of Investment Bank or Commercial Bank (preferably in FX and Derivatives area)
• Highly motivated, self managed and proactive.
• Understand the business requirements and get the things done with highest productivity
• 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.

Key Competencies:

• Strong analytical and problem solving skills.
• Attention to details.
• High degree of initiative; able to perform in a dynamic and fast pace environment and possess the ability to perform under pressure.
• Awareness of risk controls.

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

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.