Clearing & Settlement operator, DWS India Operations

Position Overview

Job Title: Clearing & Settlement operator, DWS India Operations

Corporate Title: NCT

Location: Bangalore, India

Role Description

• The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty.
• This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.
• The Clearing and Settlement Analyst supports interfaces with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges and clearing houses) involved in the clearing and settlement process chain, according to the market standards.
• The role is responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management).

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Working with brokers, custodians to settle trades in a timely manner.
• Investigation of trades if any discrepancies and should reach out to respective teams/brokers for necessary corrections.
• Escalating to Front office for unsettled trades as per escalation matrix.
• Preparation of daily and monthly reports for outstanding trades/breaks on timely basis.
• Preparation of monthly KPI and Give up fees report.
• Ensure team adherence to all cut-off times and quality of processing as maintained in SLA.
• Ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified.
• Ensure healthy and harmonious relationship with the clients, partner teams as well as with own team

Your skills and experience

• Strong analytical skills
• Fluency in Microsoft Office skills
• Good communication and interpersonal skills
• Exposure to Equity, and Bonds is preferable.
• Understanding of Trade life cycle

How we'll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

We strive for a 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.