Job Posting Title: TSCO - Clearing and Settlement Analyst (Korean Speaker) - Associate
Location: Manila, Philippines
Corporate Title: Associate
Overview
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise with over 80,000 employees in 72 countries. The Corporate Banking & Securities (CB&S) Division is responsible for Deutsche Bank’s capital markets business, comprising the origination, sales and trading of capital markets products including debt, equity, and other securities.
Swap Data Repository (SDR) projects are response to the commitment by G20 countries to address risk related to the OTC derivative markets. Regulatory Reporting team is a core control component of SDR project / process, ensuring accuracy, timeliness and completeness of swap reporting.
Regulatory Reporting team exist in 3 locations - Birmingham, Jacksonville and Manila supporting both global (Dodd Frank Swap Reporting, EMIR) and regional SDRs (MAS, HKMA, ASIC, etc).
Its key objectives are to:
Monitor exception report and allocate to the relevant team. Track resolution and escalate where necessary
Perform control checks to see if trades are reported timely, accurately and completely
Work collaboratively within own team and in partnership across regions, to establish controls within a risk management framework across all asset classes
Pro-actively look out for any potential causes for future audit issues
Participate in the SDR projects and contribute to the successful roll out
Support ad-hoc queries from Front Office, Clients and other teams in GTO
Your Key Responsibilities
This role is an APAC member of Global Regulatory Reporting Team responsible for ensuring effective operation and ongoing evolution of the Regulatory Reporting control function.
The role will:
Support Korea KRX Transaction Reporting activities, including daily monitoring, exception analysis, break resolution, and timely escalation of potential reporting issues.
Apply Global Markets product knowledge to understand underlying transaction flows, booking models, lifecycle events, and reporting obligations relevant to KRX Transaction Reporting.
Perform control checks to ensure regulatory reports are complete, accurate, and submitted within required timelines.
Investigate reporting exceptions by analysing trade data, booking details, system feeds, reference data, and reconciliation outputs.
Coordinate issue resolution with Operations, Technology, Compliance, and Front Office stakeholders.
Identify data quality issues, recurring breaks, false exceptions, and control gaps, and support remediation activities.
Participate in regulatory reporting change initiatives and system/process enhancements, including business requirement reviews, test planning, UAT, and implementation activities.
Support ad-hoc requests relating to Korea regulatory reporting and Global Markets transaction reporting requirements.
Drive process improvement, automation, and standardisation initiatives to strengthen reporting controls and operational efficiency.
Your Skills and Experience
Strong understanding of Global Markets products, preferably across FX, Rates, Credit, and OTC Derivatives.
Good understanding of trade lifecycle events, trade booking practices, settlement flows, and front-to-back operational processes.
Experience in Regulatory Reporting, Transaction Reporting, Trade Support, Middle Office, Product Control, or related Global Markets Operations functions.
Knowledge of regulatory reporting control frameworks, including completeness, accuracy, timeliness, exception management and reconciliations.
Ability to analyse reporting breaks, investigate root causes, and drive issue resolution across multiple stakeholders.
Strong analytical and problem-solving skills.
Strong risk and control mindset with the ability to identify potential reporting breaches and escalate issues appropriately.
Excellent stakeholder management and communication skills.
Ability to work effectively across Business, Operations, Technology, and Compliance teams in a regional/global environment.
Experience supporting process improvement, automation, change initiatives, UAT, or data quality remediation projects.
Advanced Excel and MS Office skills.
Preferably with trade Support experience / Global Market Operations/ Korean language capability and familiarity with Korean regulatory requirements would be advantageous
How we’ll support you
Training and development to help you excel in your career.
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.
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.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about our diversity and inclusion policy and initiatives.
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
- Korean proficiency verbal and written (preferably Topix level 3-5)
- Excellent knowledge of trade booking practices and systems
- Excellent understanding of controls across the complete trade life-cycle
- Good analytical skills and flexible problem solving
- Ability to identify and drive continuous improvement
- Ability to work in a fast-paced environment
- Stakeholder management skills
- Strong communication skills
- Ability to work in virtual global teams and a matrix organisation
- Advanced knowledge in MS products (MS Office)
- Pro-active with ability to drive regional agenda and link into global initiatives
- Open minded and able to share information and transfer knowledge to colleagues
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.
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Healthcare Strength — Health coverage is positioned as comprehensive, spanning multiple medical plan options along with dental, vision, prescription coverage, life insurance, and disability protection.
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Leave & Time Off Breadth — Time away is described as generous, including annual leave, sick leave, public holidays, wellbeing leave, volunteering leave in some regions, and expanded bereavement leave in certain locations.
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Retirement Support — Retirement support is presented as a matched savings plan (401(k)), reinforcing longer-term financial security as part of the rewards package.
Deutsche Bank Insights
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!
