Global Trade Finance Operations (GTFO) Control Associate - Deutsche Bank - New York, NY

Full/Part-Time: Full-time

Regular/Temporary: Regular

Listed: 2016-01-14

Location: New York, United States of America

A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re 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 this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.

Group Technology & Operations: Operations

Our Operations group is a market-leading client services and transaction processing organization. We meet the technical and operational challenges of processing transactions worth hundreds of billions of Euros every day. We operate 24 hours a day around multiple time zones in all the major international currencies and markets across the globe, following the sun around the world.

Our goal is to deliver world-class client service at exceptional value to internal partners and external clients alike. A dynamic and diverse division, we work to make sure that all our services are executed in a timely and professional manner, that risk is minimized and that the client experience is a positive one. We’re extremely proud of the professionalism of our people, and the exceptional service culture they deliver. In return, we give them exceptional opportunities to innovate, develop and learn.

We work across a wide range of product groups, including derivatives, securities, global finance & foreign exchange, cash & trade loans and trust and securities services as well as cross-product functions. We never stand still, working continuously to deliver our services more effectively, and support the Bank with its expansion plans across the world.

Position Overview

The Global Trade Finance Operations (GTFO) Control role is primarily responsible to manage, evidence, and present the GTFO operation’s level of compliance with bank policies and the measure and evidence operational control for the America’s (covering Argentina, Brazil, and the United States).

Responsible in particular to create and execute control environment around collateral and tax withholding and tax reporting processes.

Other Responsibilities:
Implement and manage control framework.

Proactively identify and manage risk using available tools and technology.

Review revisions in KOPs and ensure that these are properly documented to retain the integrity of the control environment.

Identify the areas of process improvements on QA inputs/suppliers, reports/outputs, process through close collaboration with team members and different stakeholders.

Audit management

Assist and research trade related issues

As a process expert, help the team navigate through various process issues, facilitate knowledge transfer, identify and assist on the training needs both formal and on-the-job.

Be the primary point of contact for team issues. Manage resolution of control and process related issues in partnership with internal partners.

Consistently maintain a high level of customer service with focus on improvement and innovation.

Change – Drive, coordinate and ensure delivery of change initiatives

Manage system enhancement and release management

Basic Qualifications

Bachelor’s degree in Finance, Accounting, Economics or Business

2-5 years of control, regulatory or financial reporting experience from a financial institution or audit industry.

Experience in Operations, Business Management, Risk Management, or Finance is also considered, while Project Management skills is a plus.

Preferred Qualifications:
Strong written and verbal communication skills

Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint)

Highly effective collaboration skills

Strong analytical skills

Regulatory Knowledge a plus

Risk Management – identifies and evaluates various types of reporting and operational risks

Trade Finance Operations and Business knowledge is a plus but not required

Deutsche Bank is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.