Trade Support - Associate

Job Title Trade Support

Corporate Title Associate

Location Jacksonville, FL

Overview
 

Trade Support team support the Credit/Distressed/Securitized Desk, covering the Treasury/Credit market across all legal entities. The team has daily interaction with various teams including trading, sales, finance and other ops group. 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

• Creation, resolution, and delivery of Front Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks; investigate, comment on, and resolve fails, intercompany breaks, and all pending trades in a timely manner; input daily commentary for control standards; provide various metrics and Management Information System (MIS) on a daily/weekly basis

• Communicate with the trading desk daily to ensure proper trade bookings are accurate and trade flow is complete; perform trade amendments/booking on behalf of trading due to system and application limitations; monitor trades to ensure trading and sales trades match on economics; monitor RMS trade-flow and work with Tech on issues that arise

• Auction Process: Input customer and house bids as per Trading/Sales; compute net long position calculation to meet Fed requirements; assist with Rates Fed requests monthly, quarterly, and yearly

• Maintain the team’s procedures and Business Continuity Management document; liaise with team members on Life Cycle Management around Cash Fixed Income trades

• Monitor TRACE and perform static data maintenance in front-end systems; test system enhancements prior to release; demonstrate strong market/regulatory knowledge and appropriate escalation awareness

• Systems used: Tradegate, Andromeda, ICI, Bloomberg, CPTS (Cash post trade services), DTE, Autobahn, Navigator, Opal, Fed Line Taaps / Traps (91473-1), and FedTrade (89595-1)

Skills You’ll Need

• Candidate must be 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

Skills That Will Help You Excel

• Excellent Interpersonal skills Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, 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 Jacksonville, FL 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 Jacksonville is $48,000 to $74,000. 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

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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.