Asset Services (Fixed income / Claims/Redemptions), NCT
Deutsche Bank · Pune, India · 5d ago
Job Description:
Job Title: Asset Services (Fixed income / Claims/Redemptions), NCT
Location: Pune, India
Role Description
The process involves input, investigation, and correction where we have discrepancies related to accrual processing, Record Date balancing and Payments processing to institutional counterparties on traded stock positions, stock lending positions, and client positions over the EX and record date for Voluntary & Mandatory Corporate Actions.
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 child care 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
- Liaising between DBOI & onshore / nearshore partners
- The candidate should also be able to handle huge volumes and escalate issues at the right time to the Team Manager / Onshore Clients
- Process day to day activities within set benchmarks with minimal error. Activities may include
- Reconciliation of trade positions / books for entitlements
- Booking of new positions in various DB systems
- Chasing counterparties on claims & initiating payments
- Post pay date reconciliation & File Closure
- Spend 50-60% of the time in actual transaction processing. To supervise day to day deliverables of the process/sub-process assigned. Will be the first escalation for exceptions & aged breaks.
- Processing & supervising sub-processes and ensure accuracy as per the SLA / benchmarks.
- Work allocation to PEs, received through system queues & E-mail requests
- Candidate needs to ensure that the relevant controls are executed & be responsible for 4 eyes.
- Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build robust control environment. Ensure there are no KPI miss, Breaches & Violation.
- To keep Team Manager informed of the exceptional occurrences, to enable appropriate action and also responsible for managing the team in his/her absence.
- Leave Management for entire Team
- Candidate will be required to train this function to other acceptable candidates, so must possess training skills.
Primary Working Relationships
- Internal clients, Event Management, Client Services Group
- Brokers/Clients and Custodians contact via Phone and or Email
- Other internal teams onshore, near shore & offshore
- Operations Control on break issues Bangalore/London/Franfurt/Jacksonville/Pune
Your skills and experience
- 4 to 5 years experience in Investment Banking Operations / Custody Operations with at least 2-3 years of experience Fixed income / Claims/Redemptions or Income experience
- Strong Corporate Actions knowledge
- Comfortable dealing with multiple stakeholders and complex situations.
- Strong English written & verbal skills required.
- Ability to converse clearly with internal and external staff via telephone and written communication
- Proficient in Microsoft Office applications
- Be willing to work in relevant geography business hours
- Ready to travel as and when required
- Be willing to work in shifts
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.