Stock Loan Settlements US Shift, AS

Position Overview

Job Title: Stock Loan Settlements US Shift, AS

Location: Pune, India

Role Description

• This role in Stock loan Operations is responsible for covering Settlements, Exposure management, contract compare and billing. Working in a small team, the candidate must have experience of reconciliation, Trade attributes and Static data along with Investigation and resolution of Economic discrepancies.
• Candidate/Applicant should have analytical and good problem solving, should have good communication and escalate any issues proactively. The role requires extensive internal and external stakeholder communication.

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

• Responsible for day to day Stock loan activities and cross training with reconciliations and settlements
• Exposure management - agreement of daily exposure with counterparties
• Contract compare - using Pirum, Equilend and Loanet contract comparison, remediate breaks
• Handle client queries including ad-hoc queries via phone and email
• Pro-actively chase counterparties and relevant groups in resolving breaks
• Understand the importance of managing issues and escalations
• Work closely with the stock loan desk for any coverage issues leading to breaks and exposures
• Communicating with external/internal clients
• Creating & sending various reports to shareholders
• Investigate discrepancies found in other core reconciliations related to contract compare
• Monthly billing payable/receivables interacting with internal/external counterparties

Your skills and experience

• The Ideal candidate will have a good educational background and at least 4 years of Investment Banking operations experience, preferably including stock loan.
• Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and European market nuances
• Strong analytical skills, detail oriented, flexible to work in shifts and take additional responsibility when needed.
• Able to work in a small dynamic team and a fast paced environment
• Ability to prioritise workload
• Good verbal and written articulation/communication skills
• Should be able to challenge status quo.
• Should have strong knowledge of trade life cycle and market nuances.
• Basic understanding of Conversions, Corporate actions and Securities static data
• Proficient in MS office with specific concentration on MS Excel
• Good analytical skills and trouble shooting skills

Systems Knowledge

• DTCC, Loanet, Spire, Pirum, Equilend and Microsoft Office

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.