Job Description
Job Title: Team Manager Operations
Corporate Title: Associate
Location: Bangalore, India
Securities Lending & Collateral Management Operator
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
- Act as the first line of defence for all BAU collateral management activities, ensuring accurate and timely daily processing into Collateral system.
- Engage directly with counterparties, custodians and internal stakeholders to resolve margin disputes, breaks and settlement issues.
- Security pricing to ensure correct collateral valuation.
- Performing reconciliation between various books of accounts, reporting and investigation of breaks by providing well narrated updates.
- Daily compare and reconciliation of Contracts with various brokers.
- Liaising with clients/ prime brokers for any issue with Contract Reconciliation.
- Liaising with Trading Desk and resolving Complex Reconciliation breaks.
- Reconciliation and validation of billing invoices.
- Ensuring high value breaks are resolved on time to avoid risk.
- Claiming funds on receipt from broker.
- Control check while releasing payment to avoid incorrect amount being to be paid to client.
- Billing, returns & recalls on Equities & Bonds.
- MIS Reporting to senior Management on weekly basis fixed income settlements Broker Pre – Matching &Settlements:
- Teams work profile involved Pre- matching of Bonds trades stock trades
- Escalation of discrepancies to various desks & Front Office for timely settlements there-by avoiding fails.
- MTM process to avoid exposures & inaccurate projections
- Trade amendments to avoid CSDR (Central Securities Depositories Regulation) penalties
- SFTR (Securities Financing Transaction Regulation) exceptions & configuration on vendors for new clients
- Monitoring all post trade recon control checks
- Adherence to TAT is of utmost importance.
- Support a culture of operational excellence, accuracy and accountability within the team
Your skills and experience
- Knowledge in Securities Lending & or Collateral Management, Min 5 years of people management for Associate role
We are looking for:
- Proven experience in Asset Management Operations, ideally within Collateral Management and/or Securities Lending / Repo Operations
- Good understanding of margining concepts, collateral workflows and end‑to‑end trade lifecycle management
- First experience working with external vendors, tri‑party agents or custodians, including service oversight and issue resolution.
How we’ll support you
- Training and development to help you excel in your career.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
