Operations provides support for all of Deutsche Bank’s businesses to enable them to deliver 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 service centres in locations including Bucharest, Moscow, Pune, Dublin and Cary.
We process payments in excess of a trillion euros across the bank’s platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.
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 work they do. In return, we offer excellent career development opportunities to foster skills and talent.
Managing a team of 10+ staffs where in the team will be responsible for carrying out end to end Net Asset Value of Mutual Fund schemes
The team would have overall responsibility for :
Thorough understanding of Mutual fund accounting and reconciliations.
Maintain working knowledge of various internal processes including KOP’s, local Regulations & Guidelines
Manage year-end financials and reconciliation related activities
Manage Internal Audits - Group / Concurrent.
Ensure that there are no critical audit observations in the Regulatory / client / Internal Audits
Handling new client migrations and reconciliations
Publishing MIS, monitoring breaks and timely escalations to client / Internal stakeholders
Attending service review meetings with clients and maintain cordial client relationship.
Prioritise Business concerns / issues & ensure timely resolution
Review of Income equalisation and distributable surplus
Review of NAV to the Press, Registrar, etc.
Review of Trial Balance Scrutiny
Audit co-ordination and finalization of accounts
Develop and maintain relationship with clients and ensure client deliverables and ad hoc requests are delivered as per agreed timelines.
Streamlining existing processes and devising better ways of doing things through automation etc
Contribute to the development of fund administration franchise and continuous improvement of processes and controls
Experience / Education / Qualifications
At least 10 years of work experiences in fund accounting as a supervisor or team manager
Knowledge of Mutual Fund Accounting and operations
Understanding of banking operations and reconciliations
Prior experience of team management
Strong team oriented attitude and exhibits good leadership skills
Good communication and problem solving skills
Ability to work independently
Ability to foster a good working relationship with clients and team members
Graduate / Post Graduate - Accoutning major preferred
Trust License is a must
Constantly improve staff engagement
Able to increase productivity and team performance
Reduce staff turnover to maintain operational sustainability
Able to achieve organisational targets and aims with minimum costs
Able to improve team working and morale
Able to improve process efficiency and innovation when applicable
Monitor, motivate and guide the team and always be aware of any operational issues faced by the team.
Training the team on new products / processes
Ensure proper coverage of work at all times
Monitor team member’s performance and provide timely feedback to them
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.