FX PB Product Associate - Associate

Position Overview

Job Title: FX PB Product Associate

Corporate Title: Associate

Location: New York, NY

Overview

The FX Prime Brokerage product team has overall responsibility for the operations and development of the FX Prime Brokerage (FXPB) platform, including revenue generation, cost & risk management, product development, and client relationship management. It sits within the wider Global Foreign Exchange (GFX) business.

The FXPB Product Associate plays a crucial supporting role within the team. This individual will assist senior team members in daily operations and risk management, client, and data management, and contribute to the overall efficiency and success of our FXPB business. This is an excellent opportunity for an enthusiastic professional to gain in-depth experience in financial markets, particularly FX derivatives, and FXPB services.

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

• Risk and Operations: *Handle trade capture of selected FX option trades, ensure accuracy and timeliness. *Manage and monitor risk metrics, reports, alerts and overall risk profile of the FXPB business, escalate any breaches or concerns to senior team members and internal risk management groups. *Support oversight of our operations team to minimize operational risk
• Client management: *Assist with periodic review of client activities and product offering, flag any gaps and opportunities or potential areas of concerns to senior team members and our sales partners. *Support senior team members in new client mandates and legal negotiations on commercial points, ensure that new opportunities meet revenue and return hurdles. *Assist with onboarding of new clients by overseeing the coordination between internal teams (e.g., Legal, Compliance, Operations). *Support ongoing relationship management for our existing client base
• Financial Resource Management *Support ongoing review of the revenue and returns performance metrics to ensure clients are priced sustainably. *Support ongoing cost reduction initiatives
• Product Development: *Contribute to the implementation process of new enhancements to the FX Prime Brokerage platform. *Support ongoing enhancement processes to ensure regulatory compliance and robustness of the FX Prime Brokerage platform
• Learning & Development: *Actively learn about FX markets and products (spot, forwards, options, NDFs), and prime brokerage concepts. *Develop a strong understanding of the firm's internal systems, platforms, and processes. *Build strong working relationships internally and externally *Seek opportunities to expand knowledge in risk management, compliance, and financial regulations
  
  
  

Skills You’ll Need

• Bachelor's degree
• Strong analytical and problem-solving skills, with keen attention to detail and accuracy. Methodical and meticulous
• Excellent written and verbal communication skills
• Strong interpersonal skills
• Ability to work effectively both independently and as part of a collaborative team
• Ability to prioritize against tight deadlines
  
  
  

Skills That Will Help You Excel

• Relevant experience in financial services, ideally within a trading, operations, risk, IT, or client service role
• Proactive, self-motivated, and eager to learn in a fast-paced environment
  
  
  

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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 $135K to $175K. 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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .