CRDS reconciliations – Global, AS

Job Title: CRDS reconciliations – Global, AS

Location: Bangalore, India

Role Description

• CRDS Reconciliation team performs a 2way reconciliation between “Downstream systems to cRDS” and “cRDS to Downstream systems” leveraging DB-pair to identify open/active accounts that are present in only one of the systems (downstream system or cRDS) and not both.
• CRDS reconciliation team performs a 2way reconciliation at account level, The role also requires you to drive change projects to improve operational efficiencies, identify and remediate data issues and automate processes in line with Target Operating Model. The team supports various teams and processes across the bank and senior stakeholder management is key to the success of this role.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Perform 2way reconciliation between “Downstream systems to cRDS” and “cRDS to Downstream systems” leveraging DB-pair across 108 KYC relevant applications.
• Run the daily reconciliation across Client, Guarantors and Settlement applications.
• Conduct a preliminary investigation on the exceptions / breaks as part of the daily recon.
• Lead the daily huddle during SOD and EOD, outline key tasks, call outs and plan of action.
• Lead the working group with the relevant break owners across, AMEA, Europe and WHEM teams to identify the rationale behind the exceptions and partner with the relevant teams within CLM, CAM, On-boarding, and off-boarding teams to understand the remediation steps and resolution plan.
• Lead the Book of work for 2way recon, by partnering with business, transformation, and recon tech team to understand the requirement of the reconciliation and assist the stakeholders to have the relevant application being set up for 2way recon in DB-pair.
• Lead the UAT by reviewing the in-scope applications for 2way recon in DB-pair, where in partner with recon tech and understand the framework of recon being built by tech and suggest changes if required, test the required samples, share feedback for next steps of on-boarding the rec into Production.
• Review the BRD being prepared for new recon being on-boarded, partner with BRO delegate for signoffs into Production.
• Lead as a POC for updating the KOD’s.
• Partner with sentry team to review the KOD that are due for certification.
• Review the daily breaks across Client, Guarantor and Settlement rec’s, understand in depth on the rationale behind the breaks and partner with accountable owner to understand the STP process being involved and get concurrence to avoid repetition of breaks occurring.
• Work towards meeting the SBAU targets and the CLT defined metrics, being consistent month on month.
• Prepare the weekly deck / list of breaks for AMEA, Europe and WHEM stakeholders get concurrence on the remediation plan and resolution timelines.
• Lead the Weekly focus group to address the senior stakeholders, share an update on the exceptions and way forward.
• Partner with recon L1 & L2 tech teams to understand the delay in the rec files and escalate accordingly.
• Perform the EOD Global MIS leveraging Python, Excel, Tableau and Alteryx.
• Review the Global MIS look for key control factors such as KYC risk, KYC offline, Dormant a/cs and share it with the Global stakeholders.
• Escalate to accountable owners at the capacity of D’s and MDs on the delay in the remediation timelines of the breaks.
• Deep dive in to breaks at account level, perform key stroke levels of investigation, and play a role of a SME.
• Review the existing 2way reconciliation controls and work towards enhancements.
• Partner with Internal and External audit / ERT teams on the annual audits being conducted.
• Raise Self-identified issues by partnering with ERT/Audit and work towards closing the Management action plan.

Your skills and experience

• Have working knowledge of reconciliation tools like DUCO, dB Pair, TLM etc.
• Knowledge of Trade Life Cycle, reference data, Settlements, Transformation and Change will be an advantage.
• Good Knowledge of Investment banking – Reconciliation
• Strong analytical skills and experience of working with large data sets (strong excel skills are essential)
• Excellent communication, inter-personal skills to deal with various stakeholders.
• Ability to prioritize workload and demands in a dynamic working environment.
• Knowledge of dbCLM is preferable.
• Knowledge of Know Your Client process and associated data would be beneficial. 

How we’ll support you

• Training and development to help you excel in your career.
• 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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture 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.