Job Description:
Job Title Corporate Trust Analyst
Corporate Title Associate
Location New York, NY
Overview
As 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
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 $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 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…