Trade Support - Associate

Deutsche Bank•New York, NY

11h•$54,000 - $83,500•Hybrid

About The Position

The Credit Trade Support team support the Credit/Distressed, covering the Credit/Distressed 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.

Requirements

Strong analytical skills: ability to utilize different techniques to resolve problems
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
Excellent technical skills: Candidate must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Word, Powerpoint and Access

Nice To Haves

Excellent Interpersonal skills: Candidate must have excellent communication/oral skills
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.

Responsibilities

Creation, resolution, and delivery of FOBO reports highlighting daily position and EOD pricing breaks
Communicate daily with the trading desk to ensure proper trade bookings and complete trade flow
Perform trade amendments/booking for trading due to system limitations
Handle future claim litigation rolls
Coordinate wire transfers with appropriate teams
Assist in reactivating broker accounts
Review and action various queues for potential trade failures
Monitor trades to ensure trading and sales trades match on economics
Investigate, provide commentary, and resolve fails, intercompany breaks, and all pending trades in a timely manner
Collaborate with static data teams and set up securities in Bloomberg
Maintain team procedures and the Business Continuity Management document
Liaise with the corporate action team on events
Provide various metrics and MIS on a daily/weekly basis
Input daily commentary for control standards
Monitor TRACE and maintain static data in front-end systems
Perform 4-eye P/L checks (Lola)
Test system enhancements prior to release
Maintain strong market and regulatory knowledge and appropriate escalation awareness
Oversee EOD consolidation and ensure accurate reporting and reconciliation at the end of each day
Utilize and maintain proficiency in systems including STS, Tradegate, Andromeda, Dbond, ICI, Bloomberg, CPTS (Cash post trade services), DTE, Autobahn, and Navigator
Support ongoing team and business process improvements through procedure documentation, system testing, and collaboration with various teams to ensure operational effectiveness