US Energy Commodities Back Office Delivery Specialist - Assistant Vice President

Deutsche Bank; Chicago (IL); On-site; USD 65,000 - 118,000; Full time

Benefits offered by this job

Generous vacation and personal days

Competitive compensation packages

Educational resources and matching gift programs

Job summary

Deutsche Bank is looking for a US Energy Commodities Back Office Delivery Specialist based in Chicago, IL. In this role, you will manage the end-to-end delivery operations for energy commodities, ensuring compliance with regulations and accurate trade processing.

The ideal candidate should have in-depth knowledge of relevant market processes and strong expertise in operational delivery within a hybrid working environment, complemented by competitive benefits including health and wellness programs.

Qualifications

• Thorough knowledge of clearing, expiration, and delivery processes.
• Ability to work under strict deadlines and detail-oriented.
• Strong verbal and written communication skills.

Responsibilities

• Manage US Futures Exchange Option Expiry & Delivery processing.
• Ensure accurate position reporting for US domiciled clients.
• Work with Compliance on internal department audits.

Skills

Knowledge of CME Group & ICE systems

Experience with GMI / FIS

Strong MS Office skills

Futures industry commodities delivery experience

Education

Bachelor's degree in a relevant field

Tools

MS Office Suite

Clearvision

Job description

Job Title US Energy Commodities Back Office Delivery Specialist

Corporate Title Assistant Vice President

Location Chicago, IL

Overview

Chicago Investment Banking Operation opportunity for Deutsche Bank Securities Inc. The Chicago Operations team is responsible for processing of all North & South American Futures exchanges as well as clearing trades for US domiciled clients on most major foreign exchanges. The position to be filled is for Clearing & Delivery Operations, which are responsible for Oversee US Futures Exchange option expiry and energy commodities delivery operations across Intercontinental Exchange Inc (ICE) Europe, Chicago Mercantile Exchange (CME) Group, and EEX, ensuring accurate trade and position processing, timely end-of-day reporting, regulatory compliance, stakeholder coordination, and issue resolution.

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

• Manage, review, and communicate all US Futures Exchange Option Expiry & Delivery processing requirements for energy products on ICE Europe, CME Group, and EEX, including deliveries background, in/out of the money positions, and Exercise/Assignment/Abandonment Notifications

• Manage all End of Day processes between Deutsche Bank systems, third-party vendors, regulatory reporting agencies, and exchanges, including statement generation, open position reporting, and expiry & delivery notifications

• Monitor all incoming Foreign Market trades for US domiciled clients to ensure accurate position reporting, following protocol for deliveries in US Markets

• Research and resolve issues and inquiries regarding exchange or bank regulatory rules, requirements, and functionality, and liaise with clients, client service, trade support, trading desks, balancers, and outside firms to process top day trading and resolve outstanding issues impacting position reporting for LTD & FND

• Work with Compliance on internal department audits and provide documentation for inquiries requested by Regulatory, Financial, or Exchange personnel

• Review the Daily Checklist to ensure all daily tasks and requirements are completed within the designated timeline, and support ad hoc reports and requests as needed

Skills You’ll Need

• Thorough knowledge of CME Group & ICE-, ICE Euro functional applications & systems; including regulations, clearing, expiration, & delivery reporting processes for Markets - Oil, Gas, Power, Emissions

• Products - Listed options and futures on ICE, CME (NYMEX), EEX; familiarity with MGE, BM&F, EUREX, ME, & other foreign markets is a positive

• Good working knowledge and experience with GMI / FIS and Clearvision, Delivery systems & applications

• Expert MS Office Suite knowledge (Word, Excel, Access, Visio) and strong technological abilities with the capacity to quickly learn proprietary software

• Ideal candidate should have Moderate of futures industry commodities delivery experience and detailed knowledge of Energy Delivery process

Skills That Will Help You Excel

• Must be detailed-oriented and able to work under strict deadlines

• Proactive in escalation, solving problems and conducting root cause analysis

• Strong verbal & written communication & management skills to update & review key operating documents

• Should also be able to investigate process automation & improvements, while being able to document work-flows and procedural changes & amendments as necessary, both from exchange requirements or automation improvements

Expectations

It is the Bank's expectation that employees hired into this role will work in the Chicago, IL 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 Chicago is $65,000 to $118,000. 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 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!

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.