Business Finance – Credit Exotics Trade Review – Analyst
Deutsche Bank AG
Manila, Philippines
4d ago

Deutsche Knowledge Services (DKS) operates as a shared service center for Finance, Global Business Services and IT. A wholly owned subsidiary* of the Deutsche Bank Group, operating out of the Phillipinnes, DKS provides accounting, reporting, profit and loss, cost, reconciliation, MIS, risk control, information technology and operations services (including confirmations and settlements) to internal businesses worldwide.

Position Overview

This role is a part of the Exotic Trade Review (ETR) Group dealing with the review of exotic and structured trades across different asset classes to ensure all aspects of the trades are captured correctly within the risk and valuation systems, accurately reflecting the complete terms of the executed legal documentation.

This role is for an individual to support Credit ETR team from a process and technology perspective, improving the overall landscape.

The review and reconciliations are crucial control mechanism for Exotics Derivative Trades and underlying Loans & Bonds within Corporate and Investment Bank.

Therefore this role gives a deep insight into the world of exotic rates & credit derivative products as well as the process of risk modelling.

Requirements :

  • Demonstrate detailed understanding of the Credit Derivatives Structured products as well as Trade Services and Financial Services processes that support the various Exotic desks globally.
  • Perform full documents review against Models and Trade Capture system, initial investigations of breaks, determining whether the trades should be amended in risk model or booking and allocate to owners.
  • Work closely with stakeholders to identify the root cause of breaks, and to implement process improvements to eliminate them
  • Challenge inefficient or poorly controlled trade booking practices
  • Contribute to any ad hoc departmental projects which may come up.
  • Initiate and attend meetings with various stakeholders to enhance processes and build necessary relationship.
  • Manage all risk and control related issues and ensure correct escalation process is followed. Ability to recognise high risk situations, escalate and deal with them in a timely manner is essential for this role.
  • Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

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