Custody Settlements Officer - Associate

Job Description:

Job Title Custody Settlements Officer

Corporate Title Associate

Location Jacksonville, FL

Overview

As an Associate on the US Custody Team, you will be responsible for trade settlement and payment transactions for various clients at Deutsche Bank. You will have the opportunity to work closely with internal front office partners as well as other business units to help bring projects forward. You will interact with various security depositories to help support access to US security transactions for global clients.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Accountable for managing the end-to-end clearing and settlement process

• Ensure smooth and timely market settlement of securities and cash transfers between the Bank and its counterparty via Swift messages and wire payments

• Interact with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges, and clearing houses) involved in the clearing and settlement process chain, according to the market standards

• Responsible for settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding, and settlement monitoring) and post-settlement date processes (break management, billing)

• Interact with external and internal IT vendors to coordinate tasks related to projects such as new technology deployment, industry changes, and systems automation

Skills You’ll Need

• Bachelor’s Degree from an accredited college or university (or equivalent)

• Detail oriented

• Swift and US settlement market knowledge (Depository Trust and Clearing Corporation (DTCC) and the US Federal Reserve (Fed)), Strong time management skills

• Ability to work well within a team and independent projects as needed

• Microsoft excel knowledge, project and testing experience and Experience with external vendors

Skills That Will Help You Excel

• Excellent analytical skills, flexible regarding production problem solving

• Excellent communication skills, both written and spoken

• Self-motivated

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville, FL office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Jacksonville, FL is $48,000.00 to $68,800.000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

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 Ac