Deutsche Bank is Hiring for Graduate Freshers:Hello freshers if you are looking for a good job to start your career then this is the best opportunity for you Deutsche Bank is Hiring for Team Manager(Associate). Here they will pay good salary of upto 5LPA.the job is located in Pune,Maharashtra.If you are interested in this job then read the full details below and apply ASAP.

About Company

Deutsche Bank is a top international investment bank with a strong and profitable business serving private clients. Deutsche Bank is a leader in Germany and Europe and continues to grow in North America, Asia, and important new markets. In India, Deutsche Bank offers comprehensive financial services to corporate, institutional, and individual clients . Deutsche Bank offers unmatched financial services globally. The bank aims to be the top global provider of financial solutions for demanding clients, delivering exceptional value for shareholders and its people. Deutsche Bank services include investment banking, institutional equities broking, asset and wealth management, retail banking, and business process outsourcing.

Deutsche Bank Freshers Hiring 2024

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• Job Overview

This role focuses on ensuring correct cash transactions are promptly recorded for front office use, influencing their investment decisions. The position involves recording various transactions (like cap stock, cashflows, expenses, etc.) into both ABOR (Accounting Book Of Record) and IBOR (Investment Books Of Record) systems. Responsibilities include daily tasks adhering to standards and ensuring accurate, timely completion of assigned production duties The role also manages cash breaks, such as coupon and dividend discrepancies due to withholding tax, and handles ad-hoc requests from Portfolio Managers, onshore colleagues, and internal teams.

• Job Description

1. Ensure timely and accurate booking of cash transactions to support front office investment decisions.
2. Complete day-to-day activities according to established standards.
3. Record various transactions including cap stock, cashflows, and expenses into ABOR and IBOR systems.
4. Manage cash breaks such as coupon and dividend discrepancies caused by withholding tax.
5. Handle ad-hoc requests from Portfolio Managers, onshore colleagues, and internal teams efficiently.
6. This role entails executing daily tasks meticulously, adhering strictly to established standards. It requires ensuring all assigned production duties are completed accurately and on time.
7. Maintaining a zero-error approach is paramount. This involves conducting thorough research before booking transactions to ensure precision and completeness. Timely escalation of issues and minimizing operational losses are also critical aspects of this responsibility.
8. Managing and resolving breaks in transactions, particularly related to coupon and dividend discrepancies due to withholding tax, is part of the role. This involves promptly identifying and rectifying discrepancies to maintain financial accuracy and compliance.
9. The position involves recording a variety of transactions such as cap stock, cashflows, and expenses. Each entry must be meticulously documented to maintain accurate financial records.
10. A comprehensive grasp of booking and reconciliation processes, along with their corresponding Key Performance Indicators (KPIs), is essential. This knowledge ensures efficient and effective management of financial transactions.

• Job Responsibilities

1. Ensure that cash transactions are booked accurately and promptly to facilitate front office investment decisions
2. Execute daily tasks meticulously, adhering strictly to established standards, to ensure timely completion of all assigned production duties.
3. Conduct thorough research prior to booking transactions, emphasizing precision and completeness to maintain .
4. Record a diverse range of transactions, including cap stock, cashflows, and expenses, meticulously documenting each entry in both ABOR and IBOR systems to maintain precise financial records.
5. Manage and resolve cash breaks, such as coupon and dividend discrepancies resulting from withholding tax, promptly identifying and rectifying issues to uphold financial accuracy and compliance.
6. Efficiently handle ad-hoc requests from Portfolio Managers, onshore colleagues, and internal teams to support operational effectiveness and client satisfaction
7. Manage and resolve transaction breaks, particularly related to coupon and dividend discrepancies due to withholding tax, promptly identifying and rectifying issues to maintain financial accuracy
8. Record various transactions, such as cap stock, cashflows, and expenses, with meticulous documentation to ensure precise financial records are maintained.
9. Understand booking and reconciliation processes, including Key Performance Indicators (KPIs), to efficiently manage financial transactions and ensure accurate reporting.

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• Skills and Knowledge Required for this Job

1. Familiarity with reconciliation processes and knowledge of Investment and Accounting Book of Records (IBOR and ABOR).
2. Comprehensive understanding of the Security and Trade Life Cycle across various financial products.
3. Proficiency in Microsoft Office, particularly MS Excel.
4. Strong analytical and quantitative skills, along with exceptional organizational abilities for tasks and documentation
5. Experience using systems like BlackRock Solutions’ “Aladdin” and DUCO reconciliation tool is advantageous.
6. Entry-level candidates are welcome, and any prior experience in reconciliation is beneficial
7. Effective verbal and written communication skills, essential for teamwork and collaboration within the organization.
8. Availability to work night shifts is required.

• What will be Provided by the Organisation

1. Opportunities for training and development aimed at enhancing your career progression.
2. Flexible working arrangements to help you manage your personal priorities effectively.
3. Coaching and support provided by experienced professionals within your team.
4. A culture that promotes continuous learning to support your ongoing development.
5. Various flexible benefits available for customization to meet your individual needs.
6. Employee Assistance Program designed to support both you and your family members.
7. Comprehensive hospitalization insurance coverage extended to you and your dependents.
8. Exceptional leave policy offering competitive benefits.
9. Parental leave policies that are equitable for all genders.
10. Full reimbursement for childcare assistance benefits (gender-neutral).

• How To Apply

1. Go to Deutsche Bank.
2. If necessary register or create account.
3. Fill all the details correctly.
4. Then click on submit button.

Apply Link : Click Here