US Energy Commodities Back Office Delivery Specialist - Assistant Vice President

Deutsche Bank AG; Chicago (IL); Hybrid; USD 65,000 - 118,000; Full time

Benefits offered by this job

Hybrid work model

Health benefits

Retirement savings plans

Parental leave

Job summary

Deutsche Bank AG in Chicago seeks an US Energy Commodities Back Office Delivery Specialist (Assistant Vice President). You will manage US futures expiry and energy delivery processing across ICE Europe, CME, and EEX, coordinating with multiple stakeholders to ensure accurate position reporting and timely end-of-day activity.

The role requires familiarity with energy markets, delivery workflows, and regulatory reporting, with a hybrid work model available in Chicago, IL.

Qualifications

• Deep understanding of CME Group, ICE, EEX delivery and clearing processes for Oil, Gas, Power, Emissions.
• Experience with exchange delivery operations and regulatory reporting.
• Proficiency with MS Office suite and ability to learn proprietary software.

Responsibilities

• Manage US Futures Exchange Option Expiry & Delivery for energy products across ICE Europe, CME, and EEX.
• Oversee end-of-day processing, reporting, and delivery notifications with internal systems and exchanges.
• Coordinate with Compliance, regulatory bodies, and internal teams to resolve issues.

Skills

Energy commodities knowledge

GMI / FIS knowledge

Clearvision

MS Office (Word, Excel, Access, Visio)

Delivery systems expertise

Analytical/problem solving

Tools

GMI / FIS

Clearvision

MS Office

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
• 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
• 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

• 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.

Salary

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.

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.

Equal Opportunity Statement

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.

Company Culture

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.

About Us

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.