Product Management Analyst

Job Title: Product Management Analyst

Corporate Title: Associate

Location: Mumbai, India

Role Description

• The Product Management Analyst will be responsible for the accurate and timely processing of all types of forex transactions including processing of time-critical transactions on behalf of the Banks external clients, related investigations involving enquiries from clients and internal stakeholders on before and after execution. It often involves critical, potentially complex or in some cases regulated tasks including interaction with internal and external stakeholders.

• The Product Management Analyst, undertakes the complete and accurate capturing of transactions, ensuring that all related information are processed according to established Service Level Agreement (SLAs). In addition, the analyst should ensure that procedures are properly executed to reduce processing risk and identify potential areas for process improvement whether internally within the Bank or for our clients.

• The analyst will also be the SPOC and will be in touch with relationship managers and their clients and will address processing of transactions within the set parameters and within the set timelines.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.

• Gender neutral parental leaves

• 100% reimbursement under childcare assistance benefit (gender neutral)

• Sponsorship for Industry relevant certifications and education

• Employee Assistance Program for you and your family members

• Comprehensive Hospitalization Insurance for you and your dependents

• Accident and Term life Insurance

• Complementary Health screening for 35 yrs. and above

Your key responsibilities

FX Booking /Execution

• Publishing daily DB rate sheet (Benchmark rates) to branches and entire PWM unit to facilitate smooth transactional flow.

• Preparing and analyzing Daily remittances sheets to facilitate daily FX booking.

• Cross verifying /ensuring the balances and EEFC’s earmarking are accurately populated to avoid any transactional loss.

• Executing FX spot, cross currency trades, EEFC account transfers and Trade payments transactions (Import/Export, LC etc.) at a Pan-India level.

• Ensuring all the transaction are closed /executed on recorded lines.

• Working closely with other businesses from front office and operations to ensure smooth running and proper management of the FX book, including verifying and squaring intraday and o/n GCG positions and resolving trade discrepancies and settlement issues.

• Facilitating daily reporting to trade teams for proper settlement to said A1- trades.

• Executing high volume currency transaction with extremely finer margins for Private Wealth clients within the bank's risk parameters.

• Ensuring correct ticket entry and order routing, maintains communication with sales desk and assists in resolving any settlement problems, ensures ticket entry completion and provides general trading activity support, as necessary.

• Ensuring proper reconciliation for all the trades with relevant stakeholders.

• Keeping a close eye on currency fluctuations, executing trades with timing precision. •

• Maintaining high level of accuracy while booking and executing deals leaving no open position in the FX books.

• MIS reporting and analysis on daily, weekly, and monthly basis to maximize value of relationships.

• Supported the management with market analysis, gathering market / product requirements, and collaborating with related teams.

Demat Related activities

• Casting monthly deck on Customer Balance Variance (Cust-ID level) for demat Clients at Pan India Level

• Sharing monthly holding report of demat clients at Pan India level.

• Handling demat related customer queries. • Actively resolving issues/rendering support to ops team on demat related issues.

• Publishing latest update on demat circulars/processes on our official site rendering customer satisfaction and internal team support.

• Remitting communication letters to Demat Account holders as sensed by NSDL/CDSL and SEBI on timely basis.

• Monthly reviewing of the invoices raised by vendor for documentation and facilitating timely payments.

Current Account Related Activities.

• Presenting Monthly MIS on NTB clients (Current Account) considering pre-requite parameters which supports the finance team for their monthly reporting activities. (MIS i.e., overall relationship with bank, qualified accounts etc.)

• Populating and working the coordination with various internal team to extract data which is used to perform a scrub (CIBIL) on existing Current account client base. (6 monthly activity).

• Resolving/Supporting all IScan related queries raised by our internal team/branches/RM’s within prescribed timelines.

• Unlocking/ Raising new ID’s for IScan system access to pull the CIBIL report used to check the credit exposure of the client (in line with our ac opening process).

• Working closely with the other stakeholders On Current Account related initiative as guides by the supervisor/s and be a product Support as and when required.

• Timely (month - wise) raising invoices for services rendered by us (Vendor – Transunion CIBIL).

• Resolving queries raised by third party vendor’s and ensuring the process as per decided agreement.

Your skills and experience

• Strong background from banking domain and history of handling forex transactions

• FEDAI certification: Employees (irrespective of the grade) who are recruited or inducted in department/area of foreign exchange should pass captioned examination within period of one year.

• Strong understanding of foreign exchange transactions including trade and non-trade bookings.

• Experience in handling audits, quality controls, monitoring and other compliance queries.

• Proficient in managing transaction reports for internal and external reporting and audit.

• Strong analytical and communication skills

• Ability to interact with clients and handle negotiations within the prescribed perimeters

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

• 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.

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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.