Fedwire Settlements Trade Operations Analyst - Associate Fedwire Settlements Trade Operations Analyst -  …

Deutsche Bank
in Jacksonville, FL, United States
Permanent, Full time
Be the first to apply
Deutsche Bank
in Jacksonville, FL, United States
Permanent, Full time
Be the first to apply
Fedwire Settlements Trade Operations Analyst - Associate
Position Overview

Job Title: Fedwire Settlements Trade Operations Analyst

Corporate Title: Associate

Location: Jacksonville, FL


The Fed Settlements team is part of the wider FICC Operations group within Deutsche Bank. Our team was created with the goal of continually refining and evolving the settlements process of US treasury securities settlements and trade flow optimization. In this role, you will be responsible for reconciling FICC obligation orders between BONY (Bank of New York / Fed Wire Custodian) and ICI (books and records system), and ensuring all settlement instructions are entered properly into the Bank of New York clearance system.

What We Offer You:

  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office

  • On-site gym, cafeteria, health center, and communal meeting areas

  • Active engagement with the local community through Deutsche Bank's specialized employee groups

  • An environment that encourages networking and collaboration across functions and businesses

Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:

  • Optimize delivery opportunities through the use of partials, pair-offs, and inter-day securities borrowing

  • Resolve settlement discrepancies by monitoring exception queues inter-day

  • Perform position reconciliations between internal and external systems

  • Confirm fails and report discrepancies

  • Manage, track and report daylight overdrafts at BONY

  • Participates in DR tests (internal and external)

Your Skills and Experience:

  • Proficient in brokerage/financial accounting

  • Solid operational skills and solid understanding of trade processing and settlement procedures

  • Excellent technical skills: You must have Fed wire clearance system experience and Fixed Income Clearing Corp (FICC) system for US Treasury/Agency products. You must be proficient in PC desk-top applications i.e., Microsoft Office Suite, Excel, Word, PowerPoint, and Access

  • Excellent Interpersonal skills: You must have excellent communication/oral skills and interacts well with other team members i.e., Clients, Sales, Trading, Ops, IT, counterparts' back and middle office ops. You must be able to work in a high pressure environment due to the fact that a significant portion of the transactions are process/settle real time, on-line with critical dead-line

  • BA, BS, or Associate degree in brokerage/financial accounting or previous relevant securities operations experience

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.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: \"EEO is the Law poster\" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

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