Treasury Operations Associate

Associate, Treasury ops– Nostro Management Operations

Job Title: Associate, Treasury ops– Nostro Management Operations

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 on a daily basis. 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

• Preparation & 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.
• Management of CIB Nostro accounts on behalf of Global Market Finance.
• Responsible for all activities performed within the Nostro management. Functions broadly cover Funding, Reconciliations and Interest Allocation.
• Ensuring the accurate forecasting of cash positions, thus reducing the economic cost.
• Perform analysis of funding requirements.
• Perform trend analysis on balances and liquidity.
• Production of data for the allocation of Nostro Interest to responsible business areas.
• Manage specific portfolio with the overall objective of minimizing RTB costs.
• Providing appropriate Management Information to Nostro Funding and Business Line managers.
• Continually looking for opportunities to challenge, standardize and improve processes both within Nostro Funding Ops and the Business Lines that we work with.
• Providing appropriate Management Information to Business Line managers.
• Continually looking for opportunities to challenge, standardize and improve processes
• Ensure adherence to all cut-off times and quality of processing as maintained in SLA.
• Fails management.
• Support Risk and Control initiatives and facilitate ongoing monitoring
• Keep all operational guidelines updated and ensure adherence to standards, procedures and also identify plan to mitigate risks where-ever there is a control issue
• Ability to interface/ partner with the onshore
• Ensure regular review and update of documents form the Business Contingency Management Perspective.

Your 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

Professional skills

• Degree educated in Finance, Commerce or related field, or have a minimum of 6 years of work experience in a Banking/Finance environment.
• Multifunction Business/Product Knowledge
• Banking and Securities Experience
• At least 2 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.

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 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.