Operations Expert

Job Description

Operations Expert

Position Overview

Job Title: Operations Expert

Location: Jaipur, India

Role Description

- Deutsche Bank is committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients.
- This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you'll discover, our culture supports diverse perspectives, driven by a shared sense of purpose.
- Margin & Treasury Operations (MTO) comprises of two primary function- Collateral Management & Valuations (CMV and Treasury Operations. Collateral Management is a First Line of Defence function responsible for minimizing Deutsche Bank's counterparty credit risk on its collateralized derivatives portfolio CMV is responsible for the management of banks counterparty credit by issuing and processing margin calls daily.
- This function provides margin processing support for bilateral and cleared OTC derivatives, LD, Repo margin, CCP Margin, Portfolio reconciliations and Dispute Investigation and Valuation Client Services. Treasury Operations is responsible for funding all of bank's Nostro Accounts and ensuring optimal utilization of bank's funds across 8000+ agent bank accounts.
- The Nostro Management team is responsible for the management of the unsecured funding of Deutsche Bank.
- The aim of the area is to ensure that the balances on the banks main Commercial, Securities and Equities Nostro accounts are kept to a minimum and therefore the costs from overdrafts and lost opportunity are low.
- The tasks are performed using the strategic Global Nostro Management System (GCMS).

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

- Be a central point of contact for the process and for various business - exhibiting professional manner and build strong working relationships with various stakeholders globally.
- Coordinate with areas such as Business, Product control and Middle Office to resolve inquiries and issues in a timely manner.
- Ensuring processes and procedures are complied with relevant legal and regulatory requirements.
- Manage risks relating to specific processes and identify any deviations from established policies and guidelines. Consistent performance as a risk manager.
- Participate in the review and updating of processes and policy across Treasury Operations.
- Partner with the project team to propose, develop and execute requirements for system enhancements and assist with user acceptance testing.
- Contribute to automation of functions, de-risking processes and simplification of complex workflows.
- Ensure KRI's and KPIs are closely monitored.
- Participate in change the bank (CTB) initiatives of the team as well as domain wide. Able to demonstrate delivery of a change initiative and challenges operating model - identify process improvements and work with both business and support partners to enhance effectiveness of control environment and improve accuracy of reporting.
- Detailed knowledge of the front to back process in an investment banking environment. Proven ability to manage multiple product systems. Proven problem solving and troubleshooting skills.
- Monitoring of various MIS reports and thereafter perform Root Cause Analysis for long/short nostro balances.
- Regular follow -ups and interaction with different funding owners/trader/operations managers and group treasury.
- Responsible for all activities performed within the Nostro management. Functions broadly cover Funding, Reconciliations and Interest Allocation.
- Providing appropriate Management Information to Nostro Funding and Business Line managers.
- Ensure adherence to all cut-off times and quality of processing as maintained in SLA.
- Support Risk and Control initiatives and facilitate ongoing monitoring
- Keep all operational guidelines updated and ensure adherence to standards, procedures and identify plan to mitigate risks where-ever there is a control issue
- Ensure regular review and update of documents form the Business Contingency Management Perspective.

People Management

- Supports the development of an environment where people management and development are the number one priority. Coach to direct reports and available to mentor others in the organisation, as appropriate.
- Actively supports the business strategy - contributes to maintaining a high-performance culture.
- Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution.
- Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment. Experience with mentoring new staff to maintain continuity in key functions within the group's mandate as well as building and maintaining partnerships with key stakeholders.
- Supports tough people decisions to ensure people performance is aligned with organisation imperatives and needs. Addresses individual performance issues, where necessary, to drive for high performance.

Your skills and experience

Professional skills:

- Degree educated in Finance, Commerce or related field, or have a minimum of 9-10 years of work experience in a Banking/Finance environment.
- Multifunction Business/Product Knowledge
- Banking and Securities Experience
- At least 5 Years experience in a Nostro Management environment
- Proficient in Microsoft Office applications, strong Word and Excel skills required
- Proficiency in automotive industry tools is beneficial.
- Build & maintain strong relationships with global stakeholders/teams.

Your personal skills and experience:

- Strong organisational skills ability to identify and prioritise multiple tasks based on criticality, impact and franchise importance.
- Exceptional communication skills - verbal, written and presentation.
- Independent problem solver who demonstrates analytical thinking, accountability as well as execution capability.
- Ability to independently coordinate and manage work requirements across multiple business areas and functions, think outside the box and connect with global stakeholders.
- Ability to work in a fast-paced, highly regulated environment. An outstanding team spirit and flexibility are key.
- Must be able to work to tight deadlines
- Responsible for preparing and maintaining a comprehensive training plan for every employee in the team
- Ensure cross training is practiced to enable manage resourcing effectively

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.