Trade Operations Analyst

Deutsche Bank; Jacksonville (FL); Hybrid; USD 40,000 - 69,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation & benefits

Diversity & inclusion programs

Retirement savings & parental leave

Job summary

Deutsche Bank in Jacksonville, FL is recruiting for a Trade Operations Analyst to support U.S. Treasury securities settlements and trade flow optimization within the Fed Settlements team.

The role collaborates with internal teams to reduce financial and reputational risk while settling Equity and Bond trades for global clients. The position offers a hybrid work model, competitive compensation, and benefits, with a salary range of $40,000 to $68,500 for Jacksonville.

Qualifications

• Bachelor's or Associate degree in Brokerage/Financial accounting or related field.
• Solid understanding of trade processing and settlement procedures.
• Knowledge of Fedwire products (US Treasuries, Agencies, MBS).
• Must have Fed wire clearance system experience and FICC system.
• Ability to leverage AI tools to improve productivity and workflows.

Responsibilities

• Reconcile FICC Obligation Orders between BONY, Fed Wire Custodian, and ICI.
• Ensure Mortgage Backed Securities Financing Transactions are processed into Repo Collateral Protection.
• Provide expedited handling for Trust Receipts and Syndicate trades.
• Optimize Delivery opportunities using Partials, Pair-Offs and Inter-Day Securities Borrowing.
• Resolve Settlement discrepancies by monitoring queues and performing position reconciliations.
• Participate in Disaster Recovery tests and system upgrades.

Skills

Analytical skills

Operational skills

Fedwire knowledge

AI tools proficiency

Communication skills

Education

Bachelor's or Associate degree in Brokerage/Financial accounting

Tools

ICI/Broadridge IMPACT

BONY/Fedwire systems

Magellan Repo Front Office

FICC RTTM system

Job description

Job Description:

Job Title Trade Operations Analyst

Corporate Title Analyst

Location Jacksonville, FL

Overview

The Fed Settlements team is part of the wider Trade Settlements and Confirmation Operations group within Deutsche Bank. Our team was created with goal of continually refining and evolving the settlements process of U.S. Treasury securities settlements and trade flow optimization. As part of Trade Confirmations & Settlement Operations team, you will work to settle Equity & Bonds trades with Global clients for Deutsche Bank. You will also partner with internal teams to constantly reduce the financial & reputational risk to the Bank.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You'll Do

• Reconcile Fixed Income Clearing Corp (FICC) Obligation Orders between the Bank of New York (BONY), Fed Wire Custodian and ICI (Books and Records System)

• Ensure that all Mortgage Backed Securities Financing Transactions at BONY are process into Repo Collateral Protection

• Provide special expedited handling for Trust Receipts and Syndicate trades

• Optimize Delivery opportunities through the use of Partials, Pair-Off's and Inter-Day Securities Borrowing

• Resolve Settlement discrepancies by monitoring exception queues inter-day and perform position reconciliations between internal and external systems; Confirm Fails and report discrepancies

• Participates in Disaster Recovery tests (internal and external) and in system upgrades/enhancements

Skills You'll Need

• Bachelors or Associate degree in Brokerage/Financial accounting or moderate Securities Operations experience

• Strong analytical skills: (ability to utilize different techniques to resolve problems transactions)

• Solid operational skills: (Solid understanding of trade processing and settlement procedures)

• Excellent technical skills: (Must have Fed wire clearance system experience and FICC system for US Treasury/Agency products. Must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Words, PowerPoint and Access

• Job knowledge: (Must have knowledge of the Firm's markets, products, business and regulations) specific to Fedwire products (US Treasuries, Agencies and Mortgage Backed Securities)

• Proven 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 outputs

Skills That Will Help You Excel

• Excellent Interpersonal skills: (Must have excellent communication/oral skills and interacts well with other team members; i.e., Clients, Sales, Trading, Ops, IT, counterparts' back and middle office ops). Must be able to work in a high pressure environment due to the fact that a significant portion of the transactions are process/settle real time, on-line with critical dead-line

• Good organization and communication skills are essential and should be ambitious, possess drive and be a self starter

• Systems knowledge: ICI/Broadridge ADP's IMPACT Back-Office system (Books and Records and settlement engine), The BONY Broker Dealer Clearance System

• Magellan Repo Front Office system

• FICC system for Government Securities Division's (GSCC) Real time Trade Match (RTTM)

Expectations

It is the Bank's expectation that employees hired into this role will work in the Jacksonville 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 $40,000 to $68,500. 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 Benefits

At 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.

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

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.