Job Description:Job Title Corporate Trust Analyst
Corporate Title Associate
Location New York, NY
OverviewAs a Corporate Trust Analyst, you will join the Trust and Securities Services Escrow Operations team that provides escrow solutions on insurance trust, margin loans, merger & acquisition, commercial real estate and subscription facilities products. You will administer daily cash and securities transactions on our client accounts. With guidance from your Account Manager(s), you will independently and proactively resolve client issues to stakeholders' satisfaction. You will also share constructive feedback and best practices to strengthen team performance and support the Bank's evolving business needs. In addition, you will work with Account Managers, Administrators, and other product partners including Product Management, Sales, Transaction Management Group, Business, Operations, and Technology to support the product as required under internal policies and applicable legal and regulatory frameworks.
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- Responsible for preparing deal setup, covenant monitoring, cash movements and investment processing pursuant to legal contracts
- Review daily cash balances and reconcile any overdrafts or high balances
- Monitor receipt and disbursement of funds
- Invest assets in accordance with investment directive
- Set up account invoices, monitor billing, and follow up with clients on invoices outstanding for more than 90 days
- Assist Account Manager with monthly report preparation, open tickler items and other special projects
Skills You'll Need- Knowledge of escrow account administration for insurance trusts, margin loans, mergers and acquisitions, commercial real estate, and subscription facilities
- Experience involving reconciliation of cash activity, trade settlement, wire payment, and stakeholder management
- Ensure client inquiries and escalations are addressed accurately and promptly by working with Account Manager and business partners
- Collaborate with team members and product partners in business wide projects and technology initiatives
- Bachelor's degree in finance, accounting, business, or economics preferred
- Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
Skills That Will Help You Excel- Excellent interpersonal and communication skills
- Diligent, organized, strong attention to detail and responsible
- Strong knowledge of Microsoft Office, proficient in MS Excel and MS PowerPoint
ExpectationsIt 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 $83,500.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 BenefitsAt 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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#LI-HYBRIDWe 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 viewDeutsche Bank's Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
