eFinancialCareers

• Company

  Deutsche Bank

• Location

  Jacksonville, FL, 32099

• Compensation

  competitive/ DOE

• Position Type

  Employee

• Employment type

  Full time

• Updated

  18 Jun 2008

• eFC Ref no

  415560

About Deutsche Bank Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets.

With 75,140 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. www.db.com

Über die Deutsche Bank Die Deutsche Bank ist eine weltweit führende Investmentbank mit einem starken und erfolgreichen Privatkundengeschäft sowie sich gegenseitig verstärkenden Geschäftsfeldern. Führend in Deutschland und Europa wächst die Bank verstärkt in Nordamerika, Asien und anderen Wachstumsmärkten. Mit 75.140 Mitarbeitern in 75 Ländern bietet die Deutsche Bank weltweit einen umfassenden Service. Ziel der Bank ist es, der führende Anbieter von Finanzlösungen für anspruchsvolle Kunden auf der ganzen Welt zu sein und damit nachhaltig Mehrwert für Aktionäre und Mitarbeiter zu schaffen. www.deutsche-bank.de

Investment Banking Operations: IB Operations is a dynamic and diverse division that ensures trades are settled in a timely, cost efficient manner, that risk is minimized and that the client experience is a pleasant one. Spread across multiple product areas (Derivatives, Securities, Global Finance & Foreign Exchange Operations, Loans, Trust and Securities, as well as cross functional entities) IB Operations strives to do things smarter, faster and more effectively. It meets the technical and operational challenges of processing transactions worth hundreds of billions of Euros every day, across multiple time zones in all the major currencies and markets.

Job Description: · Oversees and services all non-COD accounts on the broker-dealer platform, including SEF, Monetization Services, SPG, High Net Worth clients, IRA accounts, Latin American custody accounts, various affiliate accounts and other client Margin and Cash accounts. · Ensures compliance with cash and margin account requirements of Reg T and 15C3 (m) for unpaid purchases and sales as well as NYSE Rule 412 for ACAT processing. · Conducts daily account surveillance activity, and acts on account exception conditions with front office staff; routinely liaises with other operating areas, including control, settlements, corporate actions to address issues. · Approves and processes approximately 1,000 – 1,200 wire payments per month, valued at over $1b. · Files several different regulatory reports, including margin deficit reports, FINRA R-1 filing, extensions for non-COD cash/margin accounts

Skills Required: · 1-2 years experience preferred in financial services client account margin servicing role. · Financial services background or Finance degree. · Good IT skills, such as Windows XP and Microsoft Word and Excel · Motivated and Positive · Excellent written and oral communication skills · Thoroughness and attention to detail · Ability to multi-task and work in a fast paced environment · Ability to work in a team environment in order to achieve group targets · Taking ownership for tasks and following through to completion · Excellent organizational skills · Ability to work under tight deadlines · Accountability, responsibility, solution and delivery focused · Ability to interact successfully and build strong working relationships with various internal and external groups on a daily basis (Middle Office, Legal, Credit)

*Deutsche Bank is an Equal Opportunity/Affirmative Action (M/F/D/V) employer.*