Deutsche Bank

Clearing and Settlement Operator - Assistant Vice President

United States · Work style not stated · Full time

Apply on the employer’s site ↗See how well you match this job

You apply directly with the employer. ROLIVA does not submit applications from this page and is not the employer.

About the role

Description from the employer’s posting. Check the employer’s page for the current version.

  • EmployerDeutsche Bank
  • LocationUnited States
  • Work styleWork style not stated
  • Employment typeFull time
  • Employer posted

Job Description:

Job Title Clearing and Settlement Operator

Corporate Title Assistant Vice President

Location Jacksonville, FL

Overview

You will be part of the FX and Commodities Settlements Team, responsible for managing daily pre and post settlement activities through both manual and Straight-Through Processing (STP) workflows. The team’s core responsibilities include ensuring the timely settlement of Foreign Exchange (FX), Energy and Emissions trades, processing cash transfers for clients and banks, and reconciling internal ledgers against incoming and outgoing cash flows. You will be responsible for ensuring the operations environment is run in a controlled manner, ensuring that all KPI’s are achieved and delivered to the standards agreed. The job holder also needs to ensure the resources both human and technological are managed effectively to ensure that all operational risks are mitigated, there is coverage to ensure any business requirements - standard and non-standard are understood and always met; Job holder needs to manage market-driven flows, understand the client and market needs and be able to manage the team to adapt to these to ensure delivery. Other responsibilities include cross-training, succession planning, preparation of management reports and contributing to departmental initiatives and working with various departments to ensure timely and accurate processing of all activities on a regular basis

Show full description

within the given timelines.

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

Ensure timely and accurate processing of all FX, Commodities, Energy and Emissions pre- and post-settlement activities in line with agreed service levels

Manage settlement breaks, cash discrepancies and client queries by coordinating with Sales, Trading, Operations, Deutsche Bank branches and external counterparties

Act as a key point of contact for stakeholders across the UK, US and APAC regions, ensuring prompt resolution of critical and complex issues

Supervise day-to-day team activities, monitor KPIs and SLAs, and serve as an escalation point for operational risks and exceptions

Drive process improvements through automation, workflow optimisation, enhanced STP rates and implementation of strategic initiatives, including User Acceptance Test and system enhancements

Maintain process documentation, capacity models and business continuity plans, while producing MIS reports, analyzing operational trends and identifying opportunities for improvement

Skills You’ll Need

Bachelor’s degree

Relevant working experience in investment bank – preferably in Derivatives

Should understand Derivatives workflow

PC literate (Word, Excel – macro, Power point)

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

Skills That Will Help You Excel

Good communication and interpersonal skills

Time Management and Stress Management Skill

Assisting the team in decision making and taking and be the backup for the Team Manager

Analytical ability to analyze process for re-engineering opportunities

Strong analytical skills and ability to multitask

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville 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 $63,000 to $97,000. 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

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 HR.Direct@DB.com.

#LI-HYBRID

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.

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.

Staying safe while you apply

  • Never pay to apply, interview or accept an offer. ROLIVA never asks you for payment to apply to a job.
  • Apply only through the official “Apply on the employer’s site” button, on the employer’s own site, and check that a recruiter’s email uses that employer’s own domain rather than a free email address.
  • Be cautious of an offer made with no real interview, or pressure to decide quickly or share financial details early.

Does something look wrong with this listing? Use “Report broken link” in the role details, or read ROLIVA’s full job-safety guidance ↗.

Preparing for this role with ROLIVA

  • Check the fit.

    Compare the requirements with the experience you have confirmed, including gaps.

  • Prepare honestly.

    Build interview stories and application drafts from your own evidence.

  • Keep track.

    Save the role and record your own application status and follow-ups.

Create a free workspace or log in.

At a glance

  • Employment typeFull time
  • Employer posted
  • Added to ROLIVA
  • Last checked

Skills in this posting

Skills ROLIVA found in the employer’s own description above. A mention is not a requirement.

Excel

Explore similar roles

Similar jobs