Asset Services Associate - Military Veterans

Position Overview

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 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

• Responsible for processing non-expiring Ad-Hoc conversions and 144a to Reg S exchanges as part of Deutsche Bank's 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 You'll 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 You'll Need

• Bachelor's Degree from an accredited college or university (or equivalent)
• Moderate experience in a banking or financial services processing environment
• Expert-level 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 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, pregnancy, and/or religion.

The salary range for this position in Jacksonville, FL is $48,000 to $68,800. 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 renumeration.

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 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!

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEOC Know Your Rights"; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.