Operations Team Leader, AS

Position Overview

Job Title: Team Manager Operations

Corporate Title: Associate

Location: Bangalore, India

Role Description

Securities Lending & Collateral Management Operator

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

• Act as the first line ofdefencefor allBAU collateral management activities, ensuringaccurateandtimelydaily processinginto Collateral system.
• Engage directly with counterparties, custodians and internal stakeholders to resolve margin disputes, breaks and settlement issues.
• Security pricing to ensure correct collateral valuation.
• Performing reconciliation between various books of accounts, reporting and investigation of breaks by providing well narrated updates.
• Daily compare and reconciliation of Contracts with various brokers.
• Liaising with clients/ prime brokers for any issue with Contract Reconciliation.
• Liaising with Trading Desk and resolving Complex Reconciliation breaks.
• Reconciliation and validation of billing invoices.
• Ensuring high value breaks are resolved on time to avoid risk.
• Claiming funds on receipt from broker.
• Control check while releasing payment to avoid incorrect amount being to be paid to client.
• Billing, returns & recalls on Equities & Bonds.
• MIS Reporting to senior Management on weekly basis fixed income settlements Broker Pre - Matching &Settlements:
• Teams work profile involved Pre- matching of Bonds trades stock trades
• Escalation of discrepancies to various desks & Front Office for timely settlements there-by avoiding fails.
• MTM process to avoid exposures & inaccurate projections
• Trade amendments to avoid CSDR (Central Securities Depositories Regulation) penalties
• SFTR (Securities Financing Transaction Regulation) exceptions & configuration on vendors for new clients
• Monitoring all post trade recon control checks
• Adherence to TAT is of utmost importance.
• Support a culture of operational excellence,accuracyand accountability within the team

Your skills and experience

• Knowledge in Securities Lending & or Collateral Management, Min 5 years of people management for Associate role

We are looking for:

• Proven experience in Asset Management Operations, ideally within Collateral Management and/or Securities Lending / Repo Operations
• Goodunderstanding of margining concepts, collateralworkflowsandendtoendtrade lifecycle management
• First experience working with external vendors,tripartyagents or custodians, including service oversight and issue resolution.

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.