Job Title Operations Expert
Corporate Title Assistant Vice President
Location New York, NY
Overview
Private 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 We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee embraces change, innovation, and collaboration Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
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
Expectations
It 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.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
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.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.
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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
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