Asset Services Associate

Job Description:

Job Title Asset Services Associate

Corporate Title Associate

Location Jacksonville FL

Overview

As an Associate in the Asset Services team you will be responsible for receiving acknowledging and executing Client instructions to effect expiring voluntary corporate actions pertaining to both fixed income and equity securities inclusive of Mandatory Corporate Actions and Income processing. In addition documenting analytical processing data for upstream reporting and participating with upcoming run the Bank and change the Bank initiatives within the Asset Services team processing landscape. Stakeholders include Global Markets Asset Wealth Management middle office teams as well as the Global Asset Services team Global Technology (GT) teams and Embedded Risk Team (ERT).

What We Offer You

• A diverse and inclusive environment that embraces change innovation and collaboration

• A hybrid working model allowing for inoffice / 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 Youll Do

• Responsible for processing nonexpiring AdHoc conversions and 144a to Reg S exchanges as part of Deutsche Banks Asset Servicing Department and Mandatory Corporate Actions

• Execute expiring voluntary corporate actions instructions via Swift DTCC or Euroclear; as well as Physical securities processing via US Agents Balance transactions for events and resolve exceptions. This entails the calculation and reconciliation of books and records

• As part of the election process candidate is required to make decisions on how to apply obligations against available inventory. Elections can be applied against proprietary inventory street obligations or short positions. This has a reputational and relationship impact as related to the level of business conducted with each counterpart

• Process payments timely and accurately to clients and stakeholders. Work with reconciliation teams as any questions come up post payment to ensure timely settlement

• Ensure timely and effective escalation takes place to Asset Services management when confronted with transactions that can lead to risk for both Clients and the Firm. How Youll Lead Build and manage relationships with Asset Services local and Global staff and management as well as colleagues across other functions within the Bank

• Facilitate communication between various groups within the Bank Agents Depositories and take on initiatives pertaining to Asset Services innovation strategies UAT planning user training implementation and production verification Act as a role model for new employees providing help and support to facilitate early integration in their new environment

Skills Youll Need

• Bachelors Degree from an accredited college or university (or equivalent)

• Moderate experience in a banking or financial services processing environment

• Expertlevel analytical skills flexible regarding production problem solving

• Excellent communication skills fluent in English (written/verbal) as appropriate Good time management skills to hit various competing deadlines throughout the day

• Ability to work in fast paced environment keep pace with technical innovation and maintain a broad understanding of the product offering Open minded able to share information knowledge and expertise with peers & team members

Skills That Will Help You Excel

• Relationship management and influencing/negotiation skills to be able to manage relationships with team members including those located remotely

• Experience processing voluntary instructions and detailed knowledge of Corporate Actions processing via DTC Euroclear and Agents

• The Associate will quickly work to develop detailed business knowledge of the various teams and processes with the Asset Services group. This will include but not be limited to the following: Mandatory and Voluntary Corporate Actions Dividends Custody Notifications and Tax Utility teams

Expectations

It is the Banks expectation that employees hired into this role will work in the Jacksonville FL office in accordance with the Banks hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability pregnancy and/or religion.

The salary range for this position in Jacksonville FL is $48000 to $68800. Actual salaries may be based on a number of factors including but not limited to a candidates skill set experience education work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Benefits

At Deutsche Bank we recognize that our benefit programs have a profound impact on our colleagues. Thats 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!

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We welcome applications from all people and promote a positive fair and inclusive work environment.

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