Trade Operations Analyst

The Fed Settlements team is part of the wider Trade Settlements and Confirmation Operations group within Deutsche Bank. Our team was created with goal of continually refining and evolving the settlements process of U.S. Treasury securities settlements and trade flow optimization. As part of Trade Confirmations & Settlement Operations team, you will work to settle Equity & Bonds trades with Global clients for Deutsche Bank.

You will also partner with internal teams to constantly reduce the financial & reputational risk to the Bank.

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

Reconcile Fixed Income Clearing Corp (FICC) Obligation Orders between the Bank of New York (BONY), Fed Wire Custodian and ICI (Books and Records System)

Ensure that all Mortgage Backed Securities Financing Transactions at BONY are process into Repo Collateral Protection

Provide special expedited handling for Trust Receipts and Syndicate trades

Optimize Delivery opportunities through the use of Partials, Pair-Off’s and Inter-Day Securities Borrowing

Resolve Settlement discrepancies by monitoring exception queues inter-day and perform position reconciliations between internal and external systems;
Confirm Fails and report discrepancies

Participates in Disaster Recovery tests (internal and external) and in system upgrades/enhancements

Bachelors or Associate degree in Brokerage/Financial accounting or moderate Securities Operations experience

Strong analytical skills: (ability to utilize different techniques to resolve problems transactions)

Solid operational skills: (Solid understanding of trade processing and settlement procedures)

Excellent technical skills: (Must have Fed wire clearance system experience and FICC system for US Treasury/Agency products. Must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Words, PowerPoint and Access

Job knowledge: (Must have knowledge of the Firm’s markets, products, business and regulations) specific to Fedwire products (US Treasuries, Agencies and Mortgage Backed Securities)

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 Interpersonal skills: (Must have excellent communication/oral skills and interacts well with other team members; i.e., Clients, Sales, Trading, Ops, IT, counterparts’ back and middle office ops). Must be able to work in a high pressure environment due to the fact that a significant portion of the transactions are process/settle real time, on-line with critical dead-line

Good organization and communication skills are essential and should be ambitious, possess drive and be a self starter

Systems knowledge: ICI/Broadridge ADP’s IMPACT Back-Office system (Books and Records and settlement engine), The BONY Broker Dealer Clearance System

FICC system for Government Securities Division’s (GSCC) Real time Trade Match (RTTM)

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees…