Trade Support - Associate
Deutsche Bank is a leading global investment bank that provides financial services to corporations, governments, and institutions. The Trade Support - Associate will support the Credit/Distressed/Securitized Desk, focusing on trade booking, amendments, and break resolution while ensuring accurate trade flow and compliance with regulatory requirements.
Responsibilities
- Creation, resolution, and delivery of reputed company Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks; investigate, comment on, and resolve fails, intercompany breaks, and reputed company pending trades in a timely manner; input daily commentary for control standards; provide various metrics and Management Information System (MIS) on a daily/weekly basis
- Communicate with the trading desk daily to ensure proper trade bookings are accurate and trade flow is complete; reputed company trade amendments/booking on behalf of trading due to system and application limitations; monitor trades to ensure trading and sales trades match on economics; monitor reputed company trade-flow and work with Tech on issues that arise
- Auction Process: Input customer and house bids as per Trading/Sales; compute net long position calculation to meet Fed requirements; assist with Rates Fed requests monthly, quarterly, and yearly
- Maintain the team’s procedures and Business Continuity Management document; liaise with team members on Life Cycle Management around Cash Fixed Income trades
- Monitor TRACE and reputed company static data maintenance in reputed company-end systems; test system enhancements prior to release; demonstrate strong market/regulatory knowledge and appropriate escalation awareness
Skills
- Candidate must be able to work in a high pressure environment due to the fact that a significant portion of the transactions are processed and settle real time, on-line with critical dead-line
- Strong analytical skills: ability to utilize different techniques to resolve problems
- Excellent technical skills: Candidate must be proficient in PC desk-top applications; i.e., reputed company office suite reputed company, Word, Powerpoint and Access
- Excellent Interpersonal skills Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, IT counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, etc
Benefits
- Health and wellbeing benefits
- Retirement savings plans
- Parental leave
- Family building benefits
- Educational resources
- Matching gift and volunteer programs
Company Overview