Head of Trade Settlement & Confirmations Operations - VP

Reposted 2 Months Ago
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Jakarta, IDN
In-Office
Senior level
Fintech • Financial Services
The Role
Lead a team of 11 managing trade settlement and confirmations for institutional banking, including money markets and OTC derivatives. Ensure timeliness, accuracy, regulatory adherence, risk controls, and exception handling. Act as local business and regulator contact, drive regional/local projects, process improvements, and strategic system changes with global teams. Promote use of technology and AI to improve scalability and reduce cost per trade.
Summary Generated by Built In
Job Description:

Details of the Division and Team:

Head of TSCO Indonesia reporting to the to the Regional Head of TSCO for APAC and a matrix line to the country COO. The Head will manage a team of 11 staff are responsible for all settlement and documentation function for IB business, including Money Market and regulatory adherence. Staff will be the primary face off to the business locally and the regulator for all TSCO related activity. In addition to managing the staff, the day-to-day Operational task, the staff will also be leading all initiative related to new business and regulatory adherence. The candidate should be capable and willing to drive strategic system changes in conjunction with the global delivery team to ensure that the country is in par with the rest of branches in APAC. The candidate should have a strong risk and control mind sent in order to protect the franchise and also ensure that the team also has the same values.

What we will offer you: 

A healthy, engaged and well-supported workforce is 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.

You can expect:

  • Comprehensive Medical Insurance Coverage for Employee and Family

  • Life Insurance Coverage

  • Additional Pension Scheme (DPLK) on top of Statutory Contribution

  • EAP – free and confidential counseling, online work-life resources

  • Staff Loan including Housing Loan, Car Loan and Personal Loan

  • Hybrid work arrangement

  • Comprehensive leave benefits

  • Annual health checkup – cost borne by company (once a year; conditions apply)

             

Your key responsibilities:

  • Ensure that processing as per the Key Operating Procedures manual and within the Timeliness and accuracy standards specified.

  • Manage and lead day to day processing and exception handling in the Global Market product assigned

  • Ensure operational risks are well identified and managed, and where required, escalated properly

  • Actively involved in the Local and Regional projects Technology, process and people

  • Continuous improvement in Productivity to the standards prescribed for the processes from time to time.

  • Upholding the Values of the group and company at all times.

  • Compliance with all applicable Rules/regulations of both in country and group Policies

  • Drive the usage of technology such as global systems, AI tools to ensure that the Cost per trade and scalability are significantly improved.

Your skills and experience:

  • University graduate

  • Experience in similar fields.

  • Have a strong knowledge in Treasury Product especially Fixed Income and OTC Derivatives (CCS, IRS) and reconciliation

  • Excellent leadership, able to work in virtual global teams.

  • Excellent Communication skills, fluent in English (written/verbal)

  • Operational Risk Awareness is crucial

  • Willing to work under immense pressure and a good team player

  • Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you:  

  • Flexible working to assist you balance your personal priorities

  • Coaching and support from experts in your team

  • A culture of continuous learning to aid progression

  • A range of flexible benefits that you can tailor to suit your needs

  • Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here  to see what we do.

Deutsche Bank & Diversity

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.

Skills Required

  • University graduate
  • Experience in trade settlement and confirmations or similar operations fields
  • Strong knowledge of Treasury products, especially Fixed Income and OTC Derivatives (CCS, IRS) and reconciliation
  • Proven leadership experience managing operational teams (virtual/global teams)
  • Excellent English communication skills, written and verbal
  • Operational risk awareness and strong control mindset
  • Experience working with regulators and ensuring regulatory adherence
  • Ability to drive strategic system changes and lead technology/process improvement initiatives
  • Capacity to work under pressure and be a collaborative team player

Deutsche Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Deutsche Bank and has not been reviewed or approved by Deutsche Bank.

  • Healthcare Strength — Medical coverage, mental-health support, counseling, preventive care, employee assistance programs, and wellness initiatives are broadly offered across regions. Availability and specifics vary by country and role.
  • Parental & Family Support — Paid parental leave, adoption and fertility assistance, surrogacy support, backup childcare, and family-care programs are available in many locations. In the United States, the package includes up to 16 weeks of paid parental leave.
  • Retirement Support — Pension or retirement plans, life insurance, disability coverage, employee banking benefits, and U.S. 401(k) matching with fixed employer contributions are highlighted. Employer retirement contributions in the U.S. vest over five years, requiring tenure to realize full value.

Deutsche Bank Insights

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The Company
HQ: Frankfurt
68,787 Employees

What We Do

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background. If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!

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