Fixed Income Trade Support - Associate
Deutsche Bank
Job Description:
Job Title Fixed Income Trade Support
Corporate Title Associate
Location Jacksonville, FL
Overview
The Rates Trade Support team support the Rates Desk, covering the Treasury 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. The Rates TA's provide services for the Fed Auction which includes inputting house and customer bids in the TAAPS system and are monitored by Audit and Compliance. They are responsible for the documentation related to every Auction that Deutsche Bank is participating in.
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
Communicate with the trading desk on daily basis to ensure proper trade bookings are accurate and trade flow is complete and create delivery of reports highlighting daily position and End Of Day pricing breaks
Monitor trades to ensure that trading and sales trades match on economics and perform Trade amendments/Booking on behalf of trading due to limitation in systems and applications
Responsible for investigation, commentary, and resolution on fails, Intercompany breaks, and all pending trades with-in a timely manner
Provide various metrics on a daily/weekly basis
Daily input of commentary for control standards
Monitoring of TRACE and static data maintenance in front end systems
Skills You’ll Need
Strong, market /regulatory knowledge and appropriate escalation awareness
Fed Auction Disaster Recovery testing and communication with the Fed
Support of Muni Trading and reporting
Maintain team’s procedures / Business Continuity Management document
Liaise with team on Life Cycle Management around Cash Fixed Income trades
Skills That Will Help You Excel
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
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
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 $48,000 to $68,800. 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
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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.
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