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Banking/Accounting/Financial Services
Details of the Division and Team:
Corporate Bank is a world-class provider of Cash Management, Trade Finance, Custody and Trust & Agency Services for Corporate Clients and Financial Institutions. The spectrum of innovative and market-leading Transaction Banking products is promoted by a skilled sales force and serviced by a dedicated team of client service professionals.
Deutsche Bank's ASL Programme offers institutional clients a fully comprehensive service for generating incremental revenue on their fixed income and equity portfolios through the securities financing and repo markets.
The Agency Securities Lending and Liquidity Product Management Team is seeking a Trader for Securities Lending and Repos role based in Singapore.
The role in Agency Securities Lending will primarily be working as part of the ASL trading desk. The candidate will trade the securities lending market from a global perspective utilizing Asian trading hours to maximize opportunities. A key focal point will be the Asian markets with primary responsibilities at country and product level. This will involve dealing with our counterparties on a daily basis. The candidate will work with our operations group and our counterparties over the full lifecycle of trades, monitor positions, corporate actions and utilize our clients positions to maximize revenues. In addition to the trading role the candidate will also work on various short-term projects for the trading desk and the wider associated group. This involves working on client presentations, business analysis or counterparty communications.
What we will offer you:
A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace.
That's why we are committed to providing an environment with your development and wellbeing at its center.
You can expect:
Flexible benefits plan including virtual doctor consultation services
Comprehensive leave benefits
Gender Neutral Parental Leave
Flexible working arrangements
25 days of annual paid leave, plus public holiday & Flexible Working Arrangement
Your key responsibilities:
Maximize revenue returns for client portfolios in the ASL program. Develop and grow existing and new relationships with clients and borrowers, expanding current on-loan balances.
Drive forward any Agency Lending initiatives globally while pitching to prospective new Asia-based clients to join the ASL program
Represent Agency Lending inside the bank
Adhere to all compliance and relevant restrictions at country/ market/ bank and client level
Record and manage ASL transactions in bank trading systems
Work with ASL client service to respond to client queries & perform ad hoc business management tasks as needed
Co-ordinate with Operations to ensure accurate and timely settlement
Liaise with the middle office to resolve trade related problems or queries
Liaison with Tax and Corporate Actions
Work with the ASL marketing team to price portfolios and assist with pitch material.
Provide senior management with updates on Asian developments including business, regulatory, and markets
Your skills and experience:
A minimum of 5 years strong experience in the Securities Lending and Repo industry with particularly deep knowledge in Asian securities lending and the relevant rules and regulations.
Prior experience with trading and Marketdata platforms like EquiLend, BondLend, DataLend, IHS Markit, LendingPit, Pirum, Bloomberg
Fluent in financing and cash re-investments
Background in sales, structuring and/or client management
Ability to lead and deal effectively with people coming from different backgrounds and countries and interface effectively with support groups
Strong presentation and communication skills with ability to work under time pressure as part of a global team yet also being independent, resourceful with the ability to make sound logical judgements.
Effective client management and internal stakeholder management skills
Passed all regulatory examinations to act as a representative and trade in the Asian markets.
An appreciation of operational aspects of booking and implementing transactions
Strong organizational skills.
Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.
How we'll support you:
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
Training and development to help you excel in your career
Coaching and support from experts in your team
About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network. to see what we do.
We strive for a 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.
Role:Vice President
Industry:Banking/Accounting/Financial Services
Function:Finance
Job Type:Permanent Job
Date Posted: 05/11/2024
Job ID: 99173841
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