Margins Operations Lead -Assistant Vice President
Jacksonville, FL, United States
Job Description:
Job Title Margins Operations Lead
Corporate Title Assistant Vice President
Location Jacksonville, FL
Overview
Our Margin Operations Team handles more than $1.3bn in global cash and collateral movements on a daily basis. As part of the team, you'll engage with our clients and brokers as well as internal stakeholders in the Front Office, Financial Reporting, Risk and Control teams. You will have a direct impact on the Bank while developing valuable skills and knowledge in the Firm's Operating model across multiple products.
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 Supervise and assist the team to ensure successful performance and completion of daily margin calls and associated control and regulatory reporting
Participate in business sponsored and/or regulatory projects and adapt and implement solutions for enhancing processes and infrastructure through hands-on collaboration across various stakeholder teams
Understand the Firm's infrastructure used to agree and settle margin (cash & noncash) with clients & affiliates
Participate in and understand processes needed for the recording of margin activity in the margin platforms and on the books and records (sub ledger) of the Firm
Contribute to the overall Margin Operations product development infrastructure/process enhancement work streams
Participate in technology and other infrastructure change management workstreams. Provide input to and review of Business Requirement Documents to ensure functional requirements are clearly stated and understood by our change management partners
Skills You'll Need Bachelor's degree (preference for business related, i.e. Finance/Accounting) and moderate relevant experience in Financial Services (Cleared OTC or Listed Derivatives Operations preferred)
Experience working in a large corporate or investment banking environment and knowledge of US FCM and Broker Dealer and related regulatory structure
Proficiency in Microsoft Office applications, especially Excel, is essential
Knowledge of Derivatives/Equities products and margin process knowledge
Familiarity with vendor based central margining systems such as GMI, Magellan/Martini, COLLINE
Skills That Will Help You Excel High attention to detail, accuracy, and risk awareness in a fast paced, team-based work environment
Analytical & problem-solving skills, operational process knowledge, knowledge of financial instruments
Flexible and adaptable to changing environments, ability to balance project deliverables with daily processes
Excellent oral and written communication skills
Ability to address issues and asses where escalation is required
Expectations
It is the Bank's expectation that employees hired into this role will work in the Jacksonville, FL 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 $63,000 to $90,300. 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 Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email [email protected] .
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 authenti-cally 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!
#LI-HYBRID
#LI-REMOTE
#LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .
#J-18808-Ljbffr