Hybrid Group COO - TSCO Operations Expert - Associate/AVP bei Deutsche Bank

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

• 15/20 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

Key personnel for the team’s Risk and Control related

Risk identification and Assessment

• Identify, assess and document operational risks

• Conduct Risk and Control Self Assessments (including periodic trade sampling checks) to evaluate control effectiveness

• Monitor key risk indicators (KRIs) and escalate breaches

Control Design and Implementation

• Design and implement operational controls (preventive/detective) to mitigate risks.

• Ensure controls align with Bank’s policy and local regulation.

• Review process workflows to identify control weaknesses and recommend improvements.

Compliance and Regulatory Oversight

• Complete and/or coordinate surveys, self-assessment

• Work with team to review and/or assess new or changed regulation, implement process changed if required

• Support internal/external audits and regulatory inspections.

• Key contact to face-off local Regulators in ad-hoc queries, on-site inspection etc

• If required, 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

Incident Management and Breach Reporting

• Investigate operational incidents

• Document root causes and prepare incident report, implement corrective actions and conduct read across

• Report significant breaches to senior management

Training and Awareness and Stakeholders Interaction

• Conduct risk training for Operations staff on control frameworks and new regulation.

• Interaction with Front Office, Middle Office, Finance, Compliance, Legal, Internal

Your skills and experience

• Bachelor’s degree in Banking and Finance or related fields degree in Finance, Business or related field

• At least 10 years’ work experience in investment banking roles, with strong investment Banking product and regulatory knowledge. Familiar with trade life cycle, settlement and confirmation process and reconciliation

• 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 priorities work in fast pace environment

• Committed and reliable with a strong sense of teamwork

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.