eFinancialCareers

• Company

  Deutsche Bank

• Location

  Charlotte, NC

• Compensation

  COMPETITIVE/DOE

• Position Type

  Employee

• Employment type

  Full time

• Updated

  21 Jul 2008

• eFC Ref no

  416073

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:

• Responsible for processing incoming and outgoing domestic and international equity interest claims • Read and respond in a timely manner to emails from Clients regarding incoming claims on New York trades; investigate claims • Contact counterparties with results of claims investigations and make payments if appropriate • For outgoing claims on New York trades, set up claim letter and send to client • Receive and process incoming monies on claims • Track and enter updates on claims into the appropriate system • Verify and substantiate sub ledger balance on a monthly basis • Maintain Excel spreadsheet containing claims data and status • Utilize dbComp to monitor all incoming and outgoing claim in the bank

Skills Required:

• The applicant must have at least 2 years banking or brokerage experience as well as knowledge of the US Stock Market • Understand how funds move; the applications required to wire funds; and the controls required when sending/receiving funds • Strong Balancing and reconciliation skills • Extremely strong communication skills required due to client (internal and external) contact • BA, BBM degree • Proficient in Excel – work with and write Macros • Strong analytical skills • Good organization and communication skills are essential, as the successful candidate will liaise with departments in NY on claims • Candidates should be ambitious and possess drive • Candidate should be looking to drive the business forward and continually challenge the current processes • Knowledge of ADP, DTC, Impact/ICI applications is a plus

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