US Energy Commodities Back Office Delivery Specialist - Assistant Vice President

Deutsche Bank • Chicago, IL

44d • $65,000 - $118,000 • Hybrid

About The Position

This position is for Clearing & Delivery Operations within the Chicago Investment Banking Operations team at Deutsche Bank Securities Inc. The team is responsible for processing trades for North & South American Futures exchanges and clearing trades for US domiciled clients on major foreign exchanges. The role specifically focuses on overseeing US Futures Exchange option expiry and energy commodities delivery operations across Intercontinental Exchange Inc (ICE) Europe, Chicago Mercantile Exchange (CME) Group, and EEX. Key responsibilities include ensuring accurate trade and position processing, timely end-of-day reporting, regulatory compliance, stakeholder coordination, and issue resolution.

Requirements

• Thorough knowledge of CME Group & ICE-, ICE Euro functional applications & systems; including regulations, clearing, expiration, & delivery reporting processes for Markets - Oil, Gas, Power, Emissions Products - Listed options and futures on ICE, CME (NYMEX), EEX.
• Good working knowledge and experience with GMI / FIS and Clearvision, Delivery systems & applications.
• Expert MS Office Suite knowledge (Word, Excel, Access, Visio) and strong technological abilities with the capacity to quickly learn proprietary software.
• Moderate of futures industry commodities delivery experience and detailed knowledge of Energy Delivery process.
• Must be detailed-oriented and able to work under strict deadlines.
• Proactive in escalation, solving problems and conducting root cause analysis.
• Strong verbal & written communication & management skills to update & review key operating documents.
• Should also be able to investigate process automation & improvements, while being able to document work-flows and procedural changes & amendments as necessary, both from exchange requirements or automation improvements.

Nice To Haves

• Familiarity with MGE, BM&F, EUREX, ME, & other foreign markets is a positive.

Responsibilities

• Manage, review, and communicate all US Futures Exchange Option Expiry & Delivery processing requirements for energy products on ICE Europe, CME Group, and EEX, including deliveries background, in/out of the money positions, and Exercise/Assignment/Abandonment Notifications.
• Manage all End of Day processes between Deutsche Bank systems, third-party vendors, regulatory reporting agencies, and exchanges, including statement generation, open position reporting, and expiry & delivery notifications.
• Monitor all incoming Foreign Market trades for US domiciled clients to ensure accurate position reporting, following protocol for deliveries in US Markets.
• Research and resolve issues and inquiries regarding exchange or bank regulatory rules, requirements, and functionality, and liaise with clients, client service, trade support, trading desks, balancers, and outside firms to process top day trading and resolve outstanding issues impacting position reporting for LTD & FND.
• Work with Compliance on internal department audits and provide documentation for inquiries requested by Regulatory, Financial, or Exchange personnel.
• Review the Daily Checklist to ensure all daily tasks and requirements are completed within the designated timeline, and support ad hoc reports and requests as needed.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed