Cog Df Trading Enabler

**Job Title - **Analyst/Associate

**Desk **-Collateral Optimization Group/Derivatives Funding, Global Rates

**Location - **Mumbai

**Role Description**

Deutsche Bank’s Collateral Optimisation Desk (COG) is part of the Derivatives Funding Desk which sits within Core Rates Trading under Corporate and Investment Bank (CIB). The COG desk is responsible for the determination and delivery of the eligible assets to post against outstanding derivatives exposure, to mitigate and protect the bank from Counterparty Credit risk. It is responsible for ensuring the efficient posting of Collateral for all OTC Bilateral and Cleared derivatives traded by all derivatives trading desks across CIB with the mandate to optimize the Trading Profit and Loss, Balance Sheet and Infrastructure costs. You will be a part of the DBC COG team primarily with an additional focus towards Derivatives Funding risk management.

**Your key responsibilities**
- Identifying opportunities and strategies including repo’s and FX swaps to ensure efficient funding of cash and securities collateral, arising from initial and variation margin requirements, by working in tandem with market making desks and DB treasury.
- Inventory management function to ensure the desk always maintains optimal inventory.
- Periodic analysis of spot cheapest-to-deliver ladder to ensure collateral posting across CSAs is optimal.
- Daily monitoring of collateral posted at central clearing counterparties and identifying opportunities to optimize.
- Taking ownership of P&L and balance sheet and constantly endeavor to minimize cost.
- Working with desk and Rates Strats group to create business solutions and enhance existing infrastructure for better risk management.
- Creating and running bespoke analysis on CSA features.
- Continually be on a lookout for efficient avenues for arranging collateral in addition to the usual sources like the repo market.

**Your skills and experience**
- Strong educational background in Engineering/Finance or Economics.
- Basic fixed income markets and product knowledge is essential; derivatives markets background would be highly desirable,
- You should have an analytical aptitude, with strong problem-solving abilities.
- Strong excel skills will be required. VBA is highly desirable
- Excellent communication skills: both written and verbal are a must
- Individual with a commitment & motivation for self-development and growth
- Desire to work in a fast paced, challenging environment

**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

**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**

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.