COO - Trust and Securities Services Operations \u2013 Custody Settlement Analyst - Associate

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Deutsche Bank APAC
  • 20 Nov 17 2017-11-20

COO - Trust and Securities Services Operations \u2013 Custody Settlement Analyst - Associate



Operations

Operations provides support for all of Deutsche Bank's businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centres such as London, New York, Frankfurt and Singapore, as well as specialist development and service centres in locations including Bucharest, Moscow, Pune, Dublin and Cary. We process payments in excess of a trillion euros across the bank's platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.

A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimised and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.

Position Overview

The Custody Settlement group is responsible for managing and supporting all settlement related processes which occur on SD-1 and SD.

The primary function of the team is to mitigate either reputational or financial risk that can occur through processing and is achieved through the primary responsibilities listed below.

  • Handle settlement for HK and Overseas Equities, Bonds
  • Client instructions preparation in in-house system
  • Pre-matching with counterparty
  • CCASS and ECMT terminal handling
  • Client reporting for pending, failed and settled trades
  • Prepare voucher for cash posting
  • Monitor the performance of the Line against the pre-agreed Service Level Documents that exist between each processing function.
  • Monitor the Nostro and depot breaks ensure valid narration, completeness and progress.
  • Monitor the high value nostros ensuring completeness and validity of narration.
  • Exception processing
  • System upgrade testing prior to implementation
  • Handle Stamp Duty Payment
  • Handle Physical Certificate conversion
  • Handle Cash Payment

Primary relationships:

Internals:-
  • IS Hong Kong
  • Cash Operations
  • DKS Settlement Team
  • TSSO Client Services Teams

Externals:-
  • HKEx / CCASS
  • HKMA / CMU
  • Share Registrars
  • Inland Revenue Department

Required experience:
  • Degree holder preferred and with at least 5 years of relevant experience
  • Familiarize with HK and Overseas Equities settlement in custodian business.
  • Good command of written & spoken English and Chinese
  • Proficient in Excel, Word and fast typing both in English & Chinese
  • Able to work independently and under pressure
  • Able to identify risks and loopholes in operations and escalate to management
  • Able to provide recommendation to management to streamline processing or minimize operation risks
  • The ability to remotely manage.
  • The candidate must be highly motivated, highly efficient and hav the ability to constantly deliver on time.time.


Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.