Operations Lead

Job Description:

Margin Operations – Assistant Vice President

Job Title: Assistant Vice President, Margin Operations

Department: Chief Operating Officer (COO); CB, IB & CRU Operations; Margin & Treasury Operations (MTO); Margin Operations (MO)

Location: Bangalore/Jaipur

Products: Global Markets Derivatives Cross Product (FX, Equities, Rates, Credit)

Overview:

Deutsche Bank is committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you'll discover, our culture supports diverse perspectives, driven by a shared sense of purpose.

Margin & Treasury Operations (MTO) comprises of two primary function- Collateral Management & Valuations (CMV and Treasury Operations. Collateral Management is a First Line of Defence function responsible for minimizing Deutsche Bank's counterparty credit risk on its collateralized derivatives portfolio CMV is responsible for the management of banks counterparty credit by issuing and processing margin calls on a daily basis. This function provides margin processing support for bilateral and cleared OTC derivatives, LD, Repo margin, CCP Margin, Portfolio reconciliations and Dispute Investigation and Valuation Client Services. Treasury Operations is responsible for funding all of bank's Nostro Accounts and ensuring optimal utilization of bank's funds across 8000+ agent bank accounts.

Margin Operations responsible for minimizing Deutsche Bank's counterparty credit risk on its collateralized derivatives portfolio. We aggregate the Bank's exposure across trading activity globally, administer the margin terms dictated in bilateral ISDA and CSA (Credit Support Annex) Agreements and facilitate exchange of permissible collateral (cash or securities) with our clients or central clearing counterparties. The team also manages Margin Disputes, regulatory Portfolio Reconciliation and Data Control flowing into the margining systems for APAC, EMEA and US regions.