Custody Settlements Officer - Associate

Overview

As an Associate on the US Custody Team, you will be responsible for trade settlement and payment transactions for various clients at Deutsche Bank. You will have the opportunity to work closely with internal front office partners as well as other business units to help bring projects forward. You will interact with various security depositories to help support access to US security transactions for global clients.

• Job Title:
  
  Custody Settlements Officer
• Corporate
  
  Title:
  
  Associate
• Location:
  
  Jacksonville, FL

• 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

• Manage the end-to-end clearing and settlement process, ensuring smooth and timely market settlement of securities and cash transfers between the Bank and its counter parties via Swift messages and wire payments
• Interact with internal and external stakeholders, including front office, clients, brokers, nostro agents, exchanges, clearing houses, and IT vendors, to support the clearing and settlement process and coordinate project-related tasks
• Oversee settlement date processes, including pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding, and settlement monitoring
• Support post-settlement processes, including break management, billing, and asset services events such as dividends, interest, stock splits, and maturities to ensure timely client payments
• Investigate position holdings, share transfer requests, and paperwork requirements with transfer agents

• Bachelor’s Degree from an accredited college or university (or equivalent), with detail orientation and strong time management skills
• Swift and US settlement market knowledge, including Depository Trust and Clearing Corporation (DTCC) and the US Federal Reserve (Fed)
• Ability to work well within a team and on independent projects as needed
• Microsoft Excel knowledge, with project and testing experience
• Experience with external vendors
• 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

• Excellent analytical skills, flexible regarding production problem solving
• Excellent communication skills, both written and spoken
• Self-motivated

It is the Bank’s expectation that employees hired into this role will work in the Jackonville, FL 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 Jacksonville is $48,000 to $74,000. 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.

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.

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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.

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.