Operations Expert - Associate

Job Description:

Job Title Operations Expert        

Corporate Title Associate

Location New York, NY

Overview

Private Banking (PB) US Operations is responsible for managing middle and back-office services including the oversight of outsourced services to third party vendors as well as services offshored to other Deutsche Bank locations. As an Operations Expert, you will be responsible for supporting Lending Operations in oversight of day-to-day activities as well as partner in strategic initiatives. Lending Document management function, providing support to auditors, support business escalations, build and maintain relationships with relevant internal and external stakeholders including regulators, auditors, market vendors and internal divisions, support Bank’s strategic initiatives and transformation related projects.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Process and manage the life cycle of loans ensuring accuracy and timeliness in all processing stages. The main responsibility is to provide an oversight to loan operations team offshore to activities that includes, but not limited to, processing of drawdowns, paydown, payment and interest for syndicated and bilateral deals

• Responsible for over-all monitoring of routine lending operational task along with Lending Document Management Function like review, update, storage and retrieval of documents, Vault responsibilities

• Understand accounting like PnL, accrued interest and work with Finance

• Collaborate with team members across onshore and offshore location

• Identify process gaps and help drive process optimization. Work on New Product Approvals, Regulatory Reporting and Transformation Projects

• Support internal, external auditors with evidencing requests and timely attending to the queries

Skills You’ll Need

• Bachelors/University degree or equivalent experience

• Strong technical knowledge of loans as product. Hands on experience with reconciliation and life cycle management of loans

• Strong risk and control mindset including ability to escalate immediately

• Proficiency in MS Office (Excel, Word, and PowerPoint)

• Lending Document Management Expertise

Skills That Will Help You Excel

• Previous Loan IQ Experience

• Accounting hands on experience

• Self-motivated & Self-starter

• Excellent communication skills – written & verbal. Problem solving skills/ Thinking out of the box

• Open mindset to learning and taking on new challenges

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $54,000 to $77,400. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.