Custody Settlements Officer - Associate

Deutsche Bank AG; Jacksonville (FL); Hybrid; USD 48,000 - 74,000; Full time

Benefits offered by this job

Hybrid working model

Health benefits

Retirement savings plans

Educational resources

Volunteer programs

Parental leave

Job summary

Deutsche Bank AG in Jacksonville, FL is seeking an Associate on the US Custody Team to manage end‑to‑end trade settlements and related payments for a range of clients. You will interact with front office, clients, brokers, and depositories to ensure timely processing.

A Bachelor's degree, Swift knowledge, DTCC/Fed familiarity, strong Excel skills and vendor experience are required. The role offers a hybrid working model, comprehensive benefits, and opportunities to collaborate across business

Qualifications

• Bachelor’s degree or equivalent
• Detail oriented with strong time management
• Experience with Swift and US settlement processes
• Familiarity with DTCC and the US Fed settlement framework
• Proficiency in Excel and vendor interactions
• Ability to leverage AI tools to improve productivity

Responsibilities

• Manage end-to-end clearing and settlement of trades and related cash transfers
• Coordinate with front office, clients, brokers, nostro agents, exchanges, and IT vendors
• Oversee settlement date processes and post-settlement activities such as billing and asset events
• Investigate position holdings and transfer paperwork with transfer agents
• Support project-related tasks and cross-functional collaboration

Skills

Detail orientation

Time management

Swift knowledge

US settlement market knowledge

Excel

AI tools usage

Vendor interaction

Communication skills

Teamwork

Problem solving

Education

Bachelor’s Degree

Tools

Microsoft Excel

DTCC knowledge

Fed knowledge

Job description

Job Description:Job Title Custody Settlements OfficerCorporate Title AssociateLocation Jacksonville, FLOverviewAs an Associate on the US Custody Team, you will be responsible for trade settlement and payment transactions for various clients at Deutsche Bank. You will have the opportunity to work closely with internal front office partners as well as other business units to help bring projects forward. You will interact with various security depositories to help support access to US security transactions for global clients.What We Offer YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You’ll DoManage the end-to-end clearing and settlement process, ensuring smooth and timely market settlement of securities and cash transfers between the Bank and its counterparties via Swift messages and wire paymentsInteract with internal and external stakeholders, including front office, clients, brokers, nostro agents, exchanges, clearing houses, and IT vendors, to support the clearing and settlement process and coordinate project-related tasksOversee settlement date processes, including pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding, and settlement monitoringSupport post-settlement processes, including break management, billing, and asset services events such as dividends, interest, stock splits, and maturities to ensure timely client paymentsInvestigate position holdings, share transfer requests, and paperwork requirements with transfer agentsSkills You’ll NeedBachelor’s Degree from an accredited college or university (or equivalent), with detail orientation and strong time management skillsSwift and US settlement market knowledge, including Depository Trust and Clearing Corporation (DTCC) and the US Federal Reserve (Fed)Ability to work well within a team and on independent projects as neededMicrosoft Excel knowledge, with project and testing experienceExperience with external vendorsProven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsSkills That Will Help You ExcelExcellent analytical skills, flexible regarding production problem solvingExcellent communication skills, both written and spokenSelf-motivatedExpectationsIt is the Bank’s expectation that employees hired into this role will work in the Jackonville, FL office in accordance with the Bank’s hybrid working model.Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.The salary range for this position in Jacksonville is $48,000 to $74,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.Deutsche Bank BenefitsAt Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/lifeThe California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email [e-mail] .#LI-HYBRIDWe 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.Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; and Employee Polygraph Protection Act .