Job Description:Job Title Operations Expert
Corporate Title Assistant Vice President
Location New York, NY
OverviewPrivate Banking US Operations is responsible for managing middle and back-office services including the oversight of outsourced services to third party vendors as well as services offshored to other Deutsche Bank locations. As an Operations Expert, be involved in various projects to implement new processes or strengthen our control environment. Beyond the usual operations processes knowledge required for this position, a solid understanding of accounting principles will be necessary to effectively work with vendor systems and finance teams for seamless transaction reporting and reconciliation. The role will also demand using various vendor applications as well as understanding the end-to-end operational processes. You will be expected to proactively identify and raise operational risks as well as provide solutions to mitigate them. Finally, you will also be required to participate in audit reviews and remediations as well as provide quantitative and qualitative reporting to different council and senior management.
What You'll Do - Responsible for the oversight of securities and payments processing. external vendors providing these services, as well as the oversight and resolution of any related reconciliation breaks
- Coordinate and resolve business queries and escalations
- Work with the off-shore and vendor teams to resolve issues and implement robust processes
- Act as Subject Matter Expert and coordinator with Audit, Compliance, Finance, Risk Management teams for various projects and reporting
- Run projects, review New Product Approvals etc...
Skills You'll Need - Bachelor's degree in Accounting or Business
- Relevant experience in Securities and Payment Processing Experience in Equities, Bonds, Foreign Exchange, Structured Products, Mutual Funds, Alternative Investment Funds etc.
- Experience in Accounting platforms in any major Bank in the US, Experience in IRA products, Collective Investment Funds
- Ability to process large data sets in Excel for day-to-day reporting and analysis US Regulatory Requirements/ Submissions for Fed/ Outbound Control Centers Reports
- Project management experience
Skills That Will Help You Excel- Certifications in Series 99, Series 7 offered by Financial Industry Regulatory Authority
- Brokerage and DPM Product knowledge in Private Banking set up is a plus
- Self-motivated
- Excellent communication skills, both written and spoken
- Excellent Analytical and Problem-Solving skills, being a team player, quick learner and follow-through capabilities
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 City is $65,000 to $107,250. 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 remuneration.
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