Head of Trade Settlement & Confirmations Operations - VP

Position Overview

Details of the Division and Team:

Head of TSCO Indonesia reporting to the to the Regional Head of TSCO for APAC and a matrix line to the country COO. The Head will manage a team of 11 staff are responsible for all settlement and documentation function for IB business, including Money Market and regulatory adherence. Staff will be the primary face off to the business locally and the regulator for all TSCO related activity. In addition to managing the staff, the day-to-day Operational task, the staff will also be leading all initiative related to new business and regulatory adherence. The candidate should be capable and willing to drive strategic system changes in conjunction with the global delivery team to ensure that the country is in par with the rest of branches in APAC. The candidate should have a strong risk and control mind sent in order to protect the franchise and also ensure that the team also has the same values.

What we will offer you: 

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Comprehensive Medical Insurance Coverage for Employee and Family

• Life Insurance Coverage

• Additional Pension Scheme (DPLK) on top of Statutory Contribution

• EAP – free and confidential counseling, online work-life resources

• Staff Loan including Housing Loan, Car Loan and Personal Loan

• Hybrid work arrangement

• Comprehensive leave benefits

• Annual health checkup – cost borne by company (once a year; conditions apply)

Your key responsibilities:

• Ensure that processing as per the Key Operating Procedures manual and within the Timeliness and accuracy standards specified.

• Manage and lead day to day processing and exception handling in the Global Market product assigned

• Ensure operational risks are well identified and managed, and where required, escalated properly

• Actively involved in the Local and Regional projects Technology, process and people

• Continuous improvement in Productivity to the standards prescribed for the processes from time to time.

• Upholding the Values of the group and company at all times.

• Compliance with all applicable Rules/regulations of both in country and group Policies

• Drive the usage of technology such as global systems, AI tools to ensure that the Cost per trade and scalability are significantly improved.

Your skills and experience:

• University graduate

• Experience in similar fields.

• Have a strong knowledge in Treasury Product especially Fixed Income and OTC Derivatives (CCS, IRS) and reconciliation

• Excellent leadership, able to work in virtual global teams.

• Excellent Communication skills, fluent in English (written/verbal)

• Operational Risk Awareness is crucial

• Willing to work under immense pressure and a good team player

How we’ll support you:  

• Flexible working to assist you balance your personal priorities

• 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

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here  to see what we do.

Deutsche Bank & Diversity

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.