Job Description:
Location: Manila
Corporate Title: Associate
TSCO/Investment Banking Operations is dedicated to support our business in their goal to build long-term, sustainable relationships with the Bank’s key institutional clients, while delivering strong returns to stakeholders.
TSCO/IB Operations in Deutsche Bank Manila covers a wide range of activities. Following the buying and selling of financial products and services by the bank, we ensure that each transaction is captured accurately and in a timely manner to ensure effective risk management, cleared, documented, and confirmed, settled, and reconciled, all within a tightly controlled environment in adherence with global regulatory requirements. We support the following products:
- Foreign Exchange
- OTC Derivatives - Rates and Credit
- Fixed Income
- Money Markets
- Loans
Our vision is to transform Investment Banking Operations by delivering a platform that provides competitive operating leverage and protects the Bank and its clients.”
TSCO team is recognized as key to business profitability, playing a crucial role in managing & delivering value to the Clients by establishing a strong risk & controls environment.
What we will offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.
What you can expect
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
Your key responsibilities
- Perform the processing of payments (remittances, customs duties, payroll, tax payments, etc) and other related activities thru various payment channels (SWIFT, PDDTS, RTGS)
- Perform reconciliations related to the assigned product operations (Nostros, W/A, sundries and all related accounts)
- Investigate account breaks and provides supporting documents for account substantiation and break resolution
- Generate and retrieve data from different systems required for reporting – MIS and Regulatory Reporting
- Escalate issues /concerns encountered with the service provider or any settlement or control issues noted
- Prepares day-in-a-day reporting on a daily basis for escalation and control monitoring
Your skills and experience
- Bachelor's Degree in either Math, Finance, Economics, Accountancy, Business Administration or its equivalent, while further professional qualification or study e.g. Master’s Degree will be an advantage.
- Prior experience in banking and a background in payment clearing and settlements is beneficial, as well as handling local remittances
- Additionally, you will need to have strong knowledge in local payment systems such as SWIFT, RTGS, PDDTS
- You will also need to possess excellent communication skills and ability to confidently interact with a diverse set of stakeholders
- Experience in local taxations (DST/WHT), Regulatory reporting, and knowledge on investment banking products (FX, OTC, FI, MM, Loans)
How we’ll support you
- Training and development to help you excel in your career.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
More Information
Application Details
-
Organization Details
0919 Deutsche Bank Aktiengesellschaft, Filiale Manila
Recommended Comments
There are no comments to display.
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.