Posted by Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
Trade Operations Analyst – Analyst – Associate – USA
Job Description:
Reconcile Fixed Income Clearing Corp (FICC) Obligation Orders between Bank of New York (BONY)/ Fed Wire Custodian and ICI (Books and Records System)
Ensure all settlement instructions are entered properly into the Bank of New York Clearance System
Optimize Delivery opportunities through the use of Partials, Pair-Offs, and Inter-Day Securities Borrowing
Resolve Settlement discrepancies by monitoring exception queues inter-day, perform position reconciliations between internal and external systems, and confirm Fails and report discrepancies
Manage, track, and report daylight overdrafts at BONY
Participates in DR tests (internal and external); participates in system upgrades/enhancements
Qualification:
Proficient in Brokerage/Financial accounting
Strong analytical skills: ability to utilize different techniques to resolved problems transactions. Solid operational skills: solid understanding of trade processing and settlement procedures
Excellent technical skills: Fed wire clearance system experience and Fixed Income Clearing Corp (FICC) system for US Treasury/Agency products; proficient in PC desk-top applications (i.e., Microsoft office suite Excel, Words, PowerPoint, and Access)
Knowledge of the Firm’s markets, products, business, and regulations specific to Fedwire products (US Treasuries, Agencies, and Mortgage-Backed Securities)