Job Description:Job Title Listed & COTC Derivatives - CFTC Client Segregation
Corporate Title Associate
Location New York, NY
OverviewAs an Associate of the US Legal Entity Reporting, Supervision & Support Team within Chief Financial Officer / Regional Finance, you'll be an integral part of the Bank's regulatory reporting function. You will perform the daily Commodity Futures Trading Commission (CFTC) client segregation calculations to ensure accuracy, timeliness, and completion of regulatory Segregated/Secured/Cleared Swaps Customer reports. You will compile daily analytics for reporting to management. You will ensure proper compliance with existing rules and regulations as well as apply new regulations. Deutsche Bank is investing heavily in regulatory reporting, which means we are investing in you.
What You'll Do - Perform the daily client segregation calculation to ensure accuracy, timeliness, and completion
- Aid in the preparation of Securities and Exchange Commission (SEC) rule 15c3-3 calculation
- Assist in month-end close process
- Liaise with Operational leads to ensure proper reconciliations are received for input into the computations and escalate when appropriate
- Ensure proper compliance with existing rules and regulations as well as apply new regulations
- Review existing/create enhanced control reporting metrics to identify potential areas requiring attention and/or remediation
Skills You'll Need - Relative securities/banking industry experience
- US CFTC client segregation regulation experience required
- US SEC client protection regulation experience beneficial
- Trade life cycle knowledge preferred (trade capture to books and records), inclusive of funding as well as segregation calculations
- Position will require liaising with other divisions (Finance, Compliance, Front Office, Legal, & Risk management) as required
Skills That Will Help You Excel- Ability to manage multiple tasks with competing deadlines and priorities
- Ability to work in a structured and organized manner and be a self-starter
- Experience with Service Risk Owner and independent auditors' examinations
- Excellent written, communication, and analytical skills
- Knowledge of stock record & broker/dealer accounting activity
ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
The salary range for this position in New York, NY is $65,000 to $105,500. 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.
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