Operations provides support for all of Deutsche Bank's businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centres such as London, New York, Frankfurt and Singapore, as well as specialist development and service centres in locations including Bucharest, Moscow, Pune, Dublin and Cary. We process payments in excess of a trillion euros across the bank's platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.
A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimised and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.
Job Title: Client Service Operator Corporate Title: Associate Location: Santa Ana, California
About Deutsche Bank
We are Germany's leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We're driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients' real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
Fund Services - Alternatives (AFS) comprises of three products: Fund of Hedge Funds, Hedge Fund Administration and Private Equity and Real Estate. We have a proven track record in global fund administration and custody, drawing on our extensive accounting, operations, compliance and technology experience. As part of Trust & Securities Services, AFS has offices in 10 cities around the globe and provides access to the expertise to over 1,100 professionals in 30 locations providing banking services, custody services and administrative solutions.
We are looking to hire a Client Service Administrator for the Fund of Hedge Funds custody team.
Primary contact for client, who are fund of hedge fund managers
Prepare and submit transfer, subscription, and redemption forms to administrators for investment trading
Closely monitor trade settlements, including following up with administrators for trade confirmations
Set up asset profiles in the trade order management system for new assets
Manage cash account and wire funds
Update portfolio file to account for any cash activity and transactions
Respond to administrator, fund manager or client inquiries
Attend client visits, as necessary
Review all statements received for accuracy
Prepare a monthly reconciliation report
Prepare a quarterly statement of holdings
Respond on corporate actions
College Degree (Business degree preferred)
Detail oriented with the ability to multi-task
Professional demeanor with strong work ethics
Excellent organizational and time management skills
Must be self-motivated and be able to work independently
Strong computer skills (Windows NT, MS Word and Excel)
Excellent communication, written, and interpersonal skills