Trade Support - Associate

Job Title Trade Support Analyst

Corporate Title Associate

Location New York
 

Overview
 

The Credit Trade Support team supports the Credit/Distressed/ Asset Backed Securities (ABS)/CMO, covering the Treasury/Credit market across all legal entities. The team has daily interaction with various teams including trading, sales, finance and other ops groups. They are responsible for day-to-day desk coverage, trade booking, trade amendments and break resolution.

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 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

• Perform Trade amendments/Booking on behalf of trading due to limitation in systems and applications

• Creation, Resolution and delivery of Front Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks

• Daily input of commentary for control standards, monitoring of TRACE and static data maintenance in front end systems, testing system enhancements prior to release

• Monitor trades to ensure that trading and sales trades match on economics

• Responsible for investigation, commentary, and resolution on fails, Intercompany breaks, and all pending trades with-in a timely manner

• Work with Jax Syndicate Ops- Asset Backed Securities (ABS)/CMO deals make sure they are set up in all systems and work Static data teams to update factors for ABS/CMBS deals

Skills You’ll Need

• The ability to communicate with the trading desk on daily basis to ensure proper trade bookings are accurate and trade flow is complete

• Strong, market /regulatory knowledge and appropriate escalation awareness

• Auction Process-Input Customer and House bids as per Trading/Sales

• Experience with systems - STS, Tradegate, Andromeda, Dbond, ICI, Bloomberg, CPTS (Cash post trade services), DTE, Autobahn, Navigator, Opal, Fed Line Taaps / Traps (91473-1) FedTrade (89595-1)

Skills That Will Help You Excel

• Able to work in a high pressure environment due to the fact that a significant portion of the transactions are processed and settle real time, on-line with critical dead-line

• Strong analytical skills: ability to utilize different techniques to resolve problems

• Excellent technical skills: Candidate must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Word, Powerpoint and Access

• Excellent Interpersonal skills: Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, Information Technology (IT) counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, etc

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 is $54,000 to $83,500. 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 [email protected].

#LI-HYBRID

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.