Trade Support - Associate

Deutsche Bank•New York, NY

1d•$54,000 - $83,500•Hybrid

About The Position

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.

Requirements

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
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)

Nice To Haves

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

Responsibilities

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

Benefits

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

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