Clearing and Settlement Analyst
Deutsche Bank
Clearing and Settlement Analyst
Deutsche Bank
Finances businesses and manages personal wealth
Job Posting Title: TSCO - Clearing and Settlement Analyst (Korean Speaker) - Associate
Location: Manila, Philippines
Corporate Title: Associate
Overview
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise with over 80,000 employees in 72 countries. The Corporate Banking & Securities (CB&S) Division is responsible for Deutsche Bank’s capital markets business, comprising the origination, sales and trading of capital markets products including debt, equity, and other securities.
Swap Data Repository (SDR) projects are response to the commitment by G20 countries to address risk related to the OTC derivative markets. Regulatory Reporting team is a core control component of SDR project / process, ensuring accuracy, timeliness and completeness of swap reporting.
Regulatory Reporting team exist in 3 locations - Birmingham, Jacksonville and Manila supporting both global (Dodd Frank Swap Reporting, EMIR) and regional SDRs (MAS, HKMA, ASIC, etc).
Its key objectives are to:
Monitor exception report and allocate to the relevant team. Track resolution and escalate where necessary
Perform control checks to see if trades are reported timely, accurately and completely
Work collaboratively within own team and in partnership across regions, to establish controls within a risk management framework across all asset classes
Pro-actively look out for any potential causes for future audit issues
Participate in the SDR projects and contribute to the successful roll out
Support ad-hoc queries from Front Office, Clients and other teams in GTO
Your Key Responsibilities
This role is an APAC member of Global Regulatory Reporting Team responsible for ensuring effective operation and ongoing evolution of the Regulatory Reporting control function.
The role will:
Support Korea KRX Transaction Reporting activities, including daily monitoring, exception analysis, break resolution, and timely escalation of potential reporting issues.
Apply Global Markets product knowledge to understand underlying transaction flows, booking models, lifecycle events, and reporting obligations relevant to KRX Transaction Reporting.
Perform control checks to ensure regulatory reports are complete, accurate, and submitted within required timelines.
Investigate reporting exceptions by analysing trade data, booking details, system feeds, reference data, and reconciliation outputs.
Coordinate issue resolution with Operations, Technology, Compliance, and Front Office stakeholders.
Identify data quality issues, recurring breaks, false exceptions, and control gaps, and support remediation activities.
Participate in regulatory reporting change initiatives and system/process enhancements, including business requirement reviews, test planning, UAT, and implementation activities.
Support ad-hoc requests relating to Korea regulatory reporting and Global Markets transaction reporting requirements.
Drive process improvement, automation, and standardisation initiatives to strengthen reporting controls and operational efficiency.
Your Skills and Experience
Strong understanding of Global Markets products, preferably across FX, Rates, Credit, and OTC Derivatives.
Good understanding of trade lifecycle events, trade booking practices, settlement flows, and front-to-back operational processes.
Experience in Regulatory Reporting, Transaction Reporting, Trade Support, Middle Office, Product Control, or related Global Markets Operations functions.
Knowledge of regulatory reporting control frameworks, including completeness, accuracy, timeliness, exception management and reconciliations.
Ability to analyse reporting breaks, investigate root causes, and drive issue resolution across multiple stakeholders.
Strong analytical and problem-solving skills.
Strong risk and control mindset with the ability to identify potential reporting breaches and escalate issues appropriately.
Excellent stakeholder management and communication skills.
Ability to work effectively across Business, Operations, Technology, and Compliance teams in a regional/global environment.
Experience supporting process improvement, automation, change initiatives, UAT, or data quality remediation projects.
Advanced Excel and MS Office skills.
Preferably with trade Support experience / Global Market Operations/ Korean language capability and familiarity with Korean regulatory requirements would be advantageous
How we’ll support you
Training and development to help you excel in your career.
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.
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.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about our diversity and inclusion policy and initiatives.
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.
Finances businesses and manages personal wealth
Deutsche Bank finances companies, governments and individuals through a global banking network rooted in Germany and spanning major financial markets. Its investment bank focuses on bonds and currencies, alongside advice on mergers and raising capital, while its private bank handles household banking and wealth management. Businesses use its cash management, trade finance and lending services to move money and fund operations, and the group manages investment funds through DWS. It earns money from loan interest, transaction and investment fees, and trading activity. Deutsche Bank traces its founding to 1870 and is headquartered in Frankfurt am Main, Germany.
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