Deutsche Bank Pune Hiring Clearing and Settlement Analyst

Job Description

The Clearing and Settlement team manages the end to end clearing and settlement process to ensure accurate and timely market settlement of securities and cash transfers between the bank and its counterparties.

The role supports the operational workflow involved in trade settlement and helps maintain efficient coordination between different internal and external stakeholders.

Key Responsibilities

• Support interaction between internal and external stakeholders involved in the clearing and settlement process chain.
• Allocate assets in order to optimize portfolio positioning.
• Ensure compliance with relevant market standards and operational procedures.
• Process clearing and settlement activities across primary and secondary markets and direct payment flows.
• Perform trade lifecycle activities for fixed income securities including trade enrichment and settlement across APAC and Europe markets.
• Handle client queries and ensure end to end resolution within defined timelines.
• Conduct process control checks and prepare operational reports.

Operational Responsibilities

• Support back office settlement operations for fixed income products while maintaining defined TAT and SLA standards.
• Coordinate with domestic agents, middle office teams, traders, counterparties, and global counterparts including Frankfurt and London to ensure smooth settlement.
• Develop expertise in the complete trade lifecycle process.
• Identify and manage risks by escalating issues promptly and ensuring accurate resolution.
• Collaborate with internal support teams and stakeholders and assist in project related activities.
• Manage client, settlement agent, middle office, and transfer agent escalations while mitigating operational risk.
• Respond to ad hoc client queries and operational issues promptly, ensuring all communications are addressed by end of day.
• Maintain and update process documentation to meet audit standards.
• Support process transformation or optimization initiatives to improve efficiency.
• Ensure timely and accurate delivery of services to clients.
• Prepare and manage multiple MIS reports.

Employee Benefits

• Industry leading leave policy.
• Gender neutral parental leave.
• Full reimbursement under childcare assistance benefits.
• Sponsorship for relevant professional certifications and education.
• Employee Assistance Program for employees and family members.
• Comprehensive hospitalization insurance for employees and dependents.
• Accident and term life insurance coverage.
• Complimentary health screening for employees aged 35 and above.

Learning and Development

• Training and development programs designed to support career growth.
• Guidance and coaching from experienced professionals within the team.
• A workplace culture that supports continuous learning and progression.
• Flexible benefits that can be customized based on individual needs.

Deutsche Bank promotes a collaborative culture that encourages responsible action, commercial thinking, initiative, and teamwork. The organization is committed to maintaining a fair and inclusive work environment for all employees.