Custody Settlements Specialist — Hybrid & US Markets

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

Benefits offered by this job

Hybrid work model

Generous vacation

Employee Resource Groups

Health & retirement benefits

Volunteer programs

Job summary

Deutsche Bank is seeking an Associate on the US Custody Team in Jacksonville, FL to manage trade settlement and payment transactions for diverse clients. You will collaborate with front office partners and other units to drive projects and coordinate with depositories to support access to US security transactions.

You will handle end-to-end settlement, post-settlement activities, and transfer documentation while leveraging AI tools to boost productivity in a compliant manner.

Qualifications

• Bachelor’s degree or equivalent with strong attention to detail.
• Knowledge of Swift and the US settlement market (DTCC, Fed).
• Ability to work in teams and on independent projects as needed.
• Proficient Excel skills with project/testing experience.
• Experience with external vendors and process improvements.

Responsibilities

• Manage end-to-end clearing and settlement of securities and cash transfers via Swift and wires.
• Coordinate with front office, clients, brokers, and vendors to support settlement tasks.
• Oversee settlement date processes, pre-matching, confirmations, and funding.
• Support post-settlement activities, including billing and asset events like dividends.
• Investigate holdings, transfer requests, and paperwork with transfer agents.

Skills

Swift and US settlement knowledge

Microsoft Excel knowledge

Experience with external vendors

Teamwork and independent project work

Detail orientation and time management

Education

Bachelor’s Degree from an accredited college or university

Tools

Excel

Job description

Deutsche Bank is seeking an Associate on the US Custody Team in Jacksonville, FL to manage trade settlement and payment transactions for diverse clients. You will collaborate with front office partners and other units to drive projects and coordinate with depositories to support access to US security transactions.

You will handle end-to-end settlement, post-settlement activities, and transfer documentation while leveraging AI tools to boost productivity in a compliant manner.