Job
Description
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Job TitleOperations Manager, AVP
LocationBangalore, India
Role Description
Successful candidate will be joining the ORDS team as part of the Reference Data Accelerator (RDA) project as it moves into the BAU stage. This a key regulatory requirement in providing a single obligor view of authorised data to ensure adherence to BSBS239 compliance and is a Mgmt Board objectivePrimary responsibility will be to provide cRDS data oversight into the RDA model.Operational Reference Data Services (ORDS) function comprises of Client Data, Tax & Regulatory teams (including Instrument Reference Data). The group provides operational services across the Global Markets and Corporate Investment Banking (CIB) clients globally, which enable client business, regulatory and tax compliance, protect against client lifecycle risk and drive up data standards within the firm.The ORDS function is focused on driving compliance within operations. The primary focus of this Client data; which has a significant impact on how we perform on-boarding and KYC of our customers, maintenance of client accounts and downstream operations.
About the Organization
Deutsche Banks Operations group provides support for all of DBs businesses to enable them to deliver operational transactions and processes to clients. Our people work in established global financial centres such as London, New York, Frankfurt and Singapore, as well as specialist development and operations centres in locations including Birmingham, Jacksonville, Bangalore, Jaipur, Pune, Dublin, Bucharest, Moscow, and Cary. We move over EUR 1.6 trillion across the Banks platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.Our goal is to deliver world-class client service at exceptional value to internal partners and clients. A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimised and that the client experience is positive. We are proud of the professionalism of our people, and the service they deliver. In return, we offer career development opportunities to foster skills and talent.We work across a wide range of product groups, including derivatives, securities, global finance and foreign exchange, cash and trade loans and trust and securities services as well as cross-product functions. Operations interface with Regulatory and Tax is a growing area of interest and helps Deutsche Bank to be compliant at all times.
About Operations Reference Data Services (ORDS)
Operational Reference Data Services (ORDS) function comprises of Client Data, Tax & Regulatory teams (including Instrument Reference Data). The group provides operational services across the Global Markets and Corporate Investment Banking (CIB) clients globally, which enable client business, regulatory and tax compliance, protect against client lifecycle risk and drive up data standards within the firm.The ORDS function is focused on driving compliance within operations. The primary focus of this is Client data; which has a significant impact on how we perform on-boarding and KYC of our customers, maintenance of client accounts and downstream operations
What well offer you
100% reimbursement under child care assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
ORDS CRDS RDA Objectives
Legal Entity Creation, Modification, and Clearing Data Quality Exceptions through independent external research, where possible.Remediate all known data issues and gaps to ensure all data is ready for use by various processes built around dbCARReduce time to market and increase accuracy for tax and regulatory compliance programsIdentify root cause and work towards prioritising strategic improvements to mitigate issues overallHand-holding the Legal Entity Master process end to end to ensure data quality satisfies consumer expectations and cRDS Standards and PoliciesAnalysing the root cause of any DQ issues and work with the relevant team to resolve the DQ issues.Responsible for ensuring agreed standards and procedures are duly followed with an eye for delivering against the set timelines.Understanding client hierarchy and relationship structures and identification of gaps for proactive remediation on systematic basisIdentification, review and remediation of duplicate relationship structures in order to improve reporting accuracyWork closely with SMEs within the larger Client Data Services across locations to obtain required skillsets to have the right level of support required for the end to end Data RemediationCreate and agree required KOPs and KPIs around key processes.Manage delivery against agreed timelines and milestones with key Stakeholders / BusinessSet the stage for measurement of KPIs and KRIs and other metricsRecord, Track and Report on Risks and Issues
Responsibilities and Tasks
Evaluating availability of required information and is line with stakeholders requirementsMaintain and document data changesEnsuring RDA Business rules are adhered to, refining where required and analysing data inconsistenciesRemediating and prioritising cRDS data challenges
Your skills and experience
Experience/skills
2+ years of experience in investment banking, especially in Client Onboarding / KYC / Client Reference Data function.A proven, high level of analytical and problem solving experienceAbility to break down complex situations into easy to understand componentsWork with DQ tools and SQLExperience in Data Management and Data AnalyticsStrong and well-developed relationship / stakeholder skillsDemonstration of excellent communication skillsHigh motivation and pro-active approach to situationsOpen minded, able to share information, knowledge and expertise with peers & team membersHigh emphasis on teamwork and leading situations
How well support you