Role Description

The programme prepares the Apprentice for a specific role, function or profession and typically concludes after 12 months.
We are seeking an enthusiastic candidate who will be hired as apprentices for a period of 12 months to learn, develop, and assist Deutsche Bank in our operations. The role is in the Global Securities Operation team which supports the local and offshore clients of GTB – Investor Services. This specialized role entails day to day trade processing/settlements/FX/Cash processing and Asset Servicing
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An Apprentice’s work includes:

• On-the-job learning at the bank
• First-hand practical experience and learning from highly skilled and qualified employees.

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An apprentice is an employee on a formal apprenticeship programme. The Work includes: on-the-job learning at the bank with off-the-job learning, First-hand practical experience and instruction from highly-skilled and qualified employees. The programme prepares the Apprentice for a specific role, function or profession and typically concludes with an assessment or examination. Apprenticeship provides skilled and trained workers. Apprenticeships help employers recruit top talent. Employers can hire competent, qualified workers who can advance to more challenging roles. Apprenticeship programs help employers meet and improve training standards.

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Your key responsibilities

Trade and settlement Processing

• Ensure timely and accurate processing and settlement of domestic and LGC trade activity along with regulatory reporting.
• Ensure quality and quantity of processing is maintained as per the client SLA.
• Ensure strict adherence to all internal and external process guidelines including compliance and legal.
• Participate in operations requirement gathering discussions with technology and User Acceptance Test (UAT).
• Ensure escalation are done in timely manner.

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FX/Cash processing

• Co-ordination with treasury department, client services, business, internal department, brokers and exchanges and handling BAU to process FX transactions of all clients.
• To co-ordinate various activities of the team related to FX trade processing and regulatory reporting, confirmation of trades, settlements, pay-in & payout of securities, processing Remittance of Custody clients and cash processing.
• FX settlement of all client trades in the market with correspondent banks. Ensuring client reports are delivered as per the SLA.
• Ensure Compliance with various regulations applicable to Custody.
• Manage relationship with various internal and external stakeholders viz Business team, legal, compliance, Regulators (RBI/SEBI/NSDL/CDSL), Stock Exchanges tech, vendors etc.

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Asset servicing processing

• Maintenance of various Static Data and Matrices along with capturing of Corporate Events related to Securities from various sources.
• Ensuring timely reporting of Forthcoming Events and Entitlements to Clients.
• Reconciling of income receipts, processing & intimating clients as per deadlines.
• Voluntary and involuntary event processing including monitoring of Client instructions.
• Co-ordination with Issuers/ Paying Agents / Trustees for confirmation of receivables, TDS amount deduction & timely receipts.
• Processing of Proxy voting instructions (E voting) and related reporting.
• Daily, weekly, monthly, and quarterly reporting to clients, regulators, and management.

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Eligibility:

• Open only to Indian citizens holding an Aadhar Card
• 2023 or 2024 class of Graduates from Commerce / Arts / business management (BA / BBA / BMS / B. Com, etc.)
• Should have completed education and must possess all marksheets and degree completion certificates.
• Should not have worked as apprentice or full-time employee / Contingent Worker in the past with any other organization.
• Should not have / had a PF account.
• Must have a Aadhar seeded individual bank account.

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Your skills and experience

• Must be aware of finance concepts.
• Strong communications skills (written and verbal)
• Ability to follow instructions and learn new concepts quickly.
• Provide assistance in a professional manner, maintaining a respectful and positive attitude.
• Passionate about learning new skills, has a strong work ethic and is committed to becoming an expert in their field.

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