Operations Expert – Asset Services Group Associate
Jacksonville, FL - USA
Job Summary
Job Title Operations Expert Asset Services Group
Corporate Title Associate
Location Jacksonville FL
Overview
As an Associate in the Asset Services team you will be responsible for receiving acknowledging and executing Client instructions to effect non-expiring Ad-Hoc conversions pertaining to both fixed income and equity securities Mandatory and Voluntary Corporate Actions and Income addition you will document analytical processing data for upstream reporting and participate in upcoming run the Bank and change the Bank initiatives within the Asset Services team processing landscape. Stakeholders include Global Markets Investment Bank Corporate Bank middle office teams the global Asset Services team Global Technology teams Relationship and Transaction Management Teams and the Embedded Risk Team (ERT).
What We Offer You
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
What Youll Do
Process payments timely for all corporate action events to entitled holders and communicate payment terms timely and effectively
Execute instructions via SWIFT and book-entry form via DTCC and Euroclear as well as physical securities processing via US Agents
Balance transactions for events and resolve exceptions including calculation and reconciliation of books and records and proper break management of depot and nostro accounts
Make election-process decisions on how to apply obligations against available inventory including proprietary inventory street obligations or short positions recognizing potential reputational and relationship impact with each counterpart
Ensure timely and effective escalation to Asset Services management when transactions may create risk for Clients and the Firm while building and managing relationships with Asset Services local and global staff management and colleagues across other Bank functions
Facilitate communication between Bank groups Agents and Depositories; support Asset Services innovation strategies UAT planning user training implementation and production verification; act as a role model for new employees by supporting early integration; and develop detailed business knowledge of the various teams and processes within Asset Services including Mandatory and Voluntary Corporate Actions Dividends Custody and Tax Utility teams
Skills Youll Need
Bachelors Degree from an accredited college or university (or equivalent)
Relevant experience in a banking or financial services processing environment
Expert-level analytical skills flexible regarding production problem solving
Excellent communication skills (verbal and written) fluent in English (written and verbal) as appropriate
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
Skills That Will Help You Excel
Ability to work in fast paced environment keep pace with technical innovation and maintain a broad understanding of the product offering
Open minded able to share information knowledge and expertise with peers & team members
Relationship management and influencing/negotiation skills to be able to manage relationships with team members including those located remotely
Experience processing voluntary instructions and/or mandatory corporate actions with detailed knowledge of Corporate Actions processing via DTC Euroclear and Agents
Expectations
It is the Banks expectation that employees hired into this role will work in the Jacksonville FL office in accordance with the Banks hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Jacksonville is $48000 to $ salaries may be based on a number of factors including but not limited to a candidates skill set experience education work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank we recognize that our benefit programs have a profound impact on our colleagues. Thats why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves at every stage of life. We provide access to physical emotional and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
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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.
Qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability protected veteran status or other characteristics protected by law. Click these links to viewDeutsche Banks Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
Required Experience:
IC
About Company
Deutsche Securities Saudi Arabia (DSSA) is a closed joint stock company incorporated in 2007 under the commercial register number: 1010239773. DSSA is a subsidiary of Deutsche Bank AG [95% owned by Deutsche Bank AG and 5% owned by DB Capital Markets (Deutschland) GMBH] with paid capit ... View more