Clearing and Settlement Associate - Jaipur, Rajasthan, India - Deutsche Bank

Deutsche Bank

Verified Company

Jaipur, Rajasthan, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Clearing and Settlement Associate:

Job ID:

R0329682
Full/Part-Time:Full-time
Regular/Temporary:Regular
Listed:
Location:Jaipur
Position Overview:

In Scope of Position based Promotions (INTERNAL only)

Job Title - Associate, Asset Services (Corporate Actions & Dividends)**
Location - Jaipur

Role Description

The Associate within Asset Services will have to work in coordination with the staff within the department and will have to work in coordination with the team managers to ensure all the tasks and day to day operations are managed with ease.

-The Associate will also be responsible to work alongside co-associates, AVP and VPs within Asset Services to address and escalate all operational issues.

Responsible for ensuring all operational function run smoothly and issues are resolved for teams.

He/she will be responsible for transitioning of any new process within Asset Services area from formulating strategy, hiring people, working with onshore to get the training requirements in place and will play as SPOC to accomplish the smooth transitioning.

The Associate-Asset Services will provide daily support and guidance to staff within the department and will work closely with Team Managers (direct reports), co-associates, AVPs and VPs within Asset Services to address operational issues.

-Responsible for ensuring that day to day operations function smoothly and issues are resolved for teams. -Other responsibilities include to ensure timely and accurate processing of all activities on a daily basis within the given timelines

What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy

Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above

Your key responsibilities
Staff Management

Effective Manage a team
Staff development through strong engagement and Training Need Analysis
Staff performance appraisals on regular basis
Engage staff in Asset Services/org Initiatives
Facilitate change initiatives within the team
Ensure planned mobility is provided to staff.
Manage attrition as per org standards.
Responsible for conducting weekly staff meetings and monthly one on one session with the team.
Ensure team morale and motivation is high through team building and regular interaction.
Responsible for recruitment & Process transitions from onshore locations

Process Management

Building a strong mechanism to take care of volume peaks during peak season
Identifying operational risks proactively and mitigating appropriately.
Sound knowledge of Corporate Actions, Mandatory, Voluntary, Income Processing, Fixed Income, redemptions, proxy, class action
Serve as Internal/external escalation point
Ensure adequate backups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc)
Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business
Acting as a central point of contact for all the process related issues / improvements etc.
Building a strong mechanism to take care of volume peaks during peak season
Building and refining process metrics (benchmarks) by involving team and onsite management
Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.
Reviewing daily benchmark reports for each of the process lines, investigating benchmark breaches with Global counterparts and working to improve the process
Liaising with relevant IT teams to resolve any technical issues preventing the optimum performance of the operational processes.
To build up process documentation, define benchmarks, capacity model, baseline volumes etc. for newly transitioned processes

Your skills and experience

5 to 10 years experience in investment banking operations/ Custody Operations/ Securities Operations with at least 12 years of experience in Corporate Actions/Asset Services
Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
Ability to identify and develop strong working relationship with internal as well as external 'client' groups
Comfortable dealing with multiple stakeholders and complex situations.
Strong English written & verbal skills required. Ability to converse clearly with internal and external staff via telephone and written communication.
Good People Management Skills
Eye for Details
Experience of client facing roles (internal & external)
Graduate in Commerce/ F