Be part of the trade settlements team who handle the settlement of loan trades with various currencies and amounts to ensure trade proceeds are completed within funding timelines in a fast-paced environment.
The team processes transactions for the Distressed Products Group which deal with Settlement of Trades in the secondary loans trading market, Claims, Restructures as well as Loan Servicing.
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
Manage day-to-day loan activities including but not limited to manual general ledger entries, manual cashflows/manual funds flows, secondary trade processing etc.
Analysis of Restructuring agreements and subsequent booking in loan system.
Review and booking of Primary deals.
Reconciliation and application of distributions from liquidators
Responsible for ensuring all operational requirements are met prior to booking/settlement of trade/loan transactions in Loan IQ system in a timely manner
Required to liaise with senior business stakeholders, clients and their representatives, Legal (both internal & external), Deutsche Bank Finance, Risk teams, audit and onshore and offshore Operations teams
Responsible for query resolution on all aspects of Loan booking/ settlement/maintenance
Be involved in conducting operational review of trade and loan related documentation and support the banks initiatives to meet strategic goals including process automation/ straight through processing/ control initiatives
Identify and escalate open issues to team manager
Provide written commentary on outstanding open issues
Collate regular reports for monitoring purposes
Daily monitoring of WIP (Work in Process) and control reports ensuring that items are properly identified and cleared up in a timely manner
Cash matching on internal systems
Review and update procedures to ensure efficiency in training and transaction processing
Participate in departmental projects and initiatives which involve UAT testing
Crosstrain with other departments for work efficiencies and knowledge enhancements
Adherent to operational controls including legal and regulatory procedures to ensure safety and security of the Bank’s assets
Understand business and regulatory requirements and ensure functions are being performed in those requirements
Other ad-hoc requests as needed assigned by management
Knowledge of Risk-Free Rates (SONIA, SOFR)
Your skills and experience
Expertise in Loan IQ system & thorough knowledge on wires, nostros and fund flow between various departments and have hands on experience in at least one of the areas such as Deal Origination, Trading & Settlement, Docs management, Processing & Loan Controls
Candidate should have the clear understanding of ‘Delayed Compensation’ and ‘Cost of Carry’ if trading is not completed within Loan Market Association guidelines
Innovative thinking approach, Positive/Willing to learn attitude, Eye for detail, identify process improvement opportunities and execution, and always ready to take additional responsibilities
Bachelor’s Degree preferred in Business, Finance, Accounting or Economics combined with at least 4-5 years’ financial industry experience. Alternatively, 6-8 years of experience in the financial industry is preferred
Ability to read and understand legal documents such as credit agreements, amendment documentation, trade settlement documents and loan servicing notices
Strong problem solving and/or analytical skills under tight deadlines and stress induced environment
Possess effective decision making capabilities
Ability to work independently and handle heavy volumes within deadlines
Ability to work in a team environment in order to achieve group targets
Strong relationship abilities with internal departments
Excellent PC skills to include proficiency in Microsoft Excel and Word
Ability to multi-task and work in a fast-paced investment banking operations environment
Thoroughness and attention to detail is a must
Excellent organizational skills
Proficiency in financial applications, mathematics/analysis would be beneficial
Excellent written and oral communication skills
Strong interpersonal skills, both verbal and written
Knowledge of syndicated loans procedure
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
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: https://www.db.com/company/company.html
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.
