TSCO - FX,MM Operations Team Lead - AVP
Deutsche Bank · Shanghai, China · 1mo ago
Job Description:
Details of the Division and Team
Trade Settlement & Confirmations Operations (TSCO) provides operational support to various desks within GEM and GFFX business including Corporate Banking, covering multiple products mainly Foreign Exchange, Precious Metals, Fixed Income, Money Market and Derivatives.
Primary functions performed range from trade processing, settlements, confirmations, reconciliations and reporting. TSCO also works closely with various offshore operational teams who forms part of the integral process supporting GEM/GFFX business.
What we will offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
Supplemental Savings Plan on top of mandatory social security
20 days of annual paid leave, plus public holiday & Flexible Working Arrangement
A range of competitive benefits to suit your needs
On-line family doctor consultation for both employee & family members
Employee Assistance Program for both employee & family members
Your key responsibilities
Be responsible for the daily operation covering FX, MM product including treasury support etc. Standardize related product’s KOD/SOPs, optimize front to back collaboration; coordinate front to back workflows, coordinate with compliance, finance and IT to resolve issues efficiently; ensure full compliance with regulatory rules and internal risk framework; support derivatives margin management under UMR requirement etc.
Trade Settlement and Confirmation Management
Take leadership and be responsible for foreign exchange (FX) and money market (MM) daily processing.
Liaise and follow-up with Front Office on booking and/or settlement issue and ensure timely and accurate settlement of transactions.
Ensure daily processing are in compliant with internal control policies, procedures and standards as well as external regulatory requirements.
Close monitoring and effective management of trade confirmations to reduce outstanding aged items.
Regulatory Reporting
Prepare, compile, validate and submit regulatory reports in a timely manner.
Perform quality control checks to ensure reporting accuracy and completeness
Develop report automation and perform comprehensive periodic report review and validation
Regulators face off if needed
Process Optimization and Risk Control
Identify operational inefficiencies and propose automation/streamlining solutions.
Maintain and update operational manuals/procedures to reflect current practices
Cross-Functional Collaboration
Liaise with Front Office, Compliance, Legal, to address trade exceptions, client queries or regulatory related queries
Support Strategic projects and/or ad-hoc initiatives
Control related
Conduct control self-assessment for both processes or regulatory reports, KOD and checklist design and implementation
Where necessary, review operational workflow to stay compliant with internal policies and local regulations
Your skills and experience
Bachelor’s degree in finance, Business or related fields degree in Finance, Business or related field
Above 10 years’ work experience in investment banking or corporate banking roles and possess relevant product and regulatory knowledge
Bilingual in both written and spoken English and Mandarin
Proficient with MS Office applications
Ability to multi-task and work in dynamic environment
Demonstrate pro-activeness, self-disciplined, self-motivated with ability to work independently and effectively under pressure
Control-focused and ability to multi-task and prioritise work in fast-paced environment
Committed and reliable with a strong sense of teamwork
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
Flexible working to assist you balance your personal priorities
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
Training and development to help you excel in your career
About us and our teams
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank & Diversity
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.