TDI - Functional Analyst, Japan - Assistant Vice President

Position Overview

Details of the Division and Team:             

We are seeking an experienced Japanese-speaking Functional Analyst with strong expertise in Fixed Income post-trade processing, settlements, and securities operations within the Japanese market. The successful candidate will act as the key liaison between Business, Operations, and Technology teams, translating business requirements into functional and technical specifications and ensuring successful delivery of solutions through the Software Development Life Cycle (SDLC).

The role requires deep domain knowledge of Japanese Fixed Income products, settlement processes, regulatory requirements, and post-trade workflows, combined with strong analytical, testing, and stakeholder management skills.

What we will offer you:  

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Corporate Group Insurance – premium borne by company
• Annual health checkup – cost borne by company (once a year; conditions apply)
• Flexible Work Arrangements – various ways to work, to fit employees’ needs
• Child care and elderly care benefits – corporate discount through designated child care & elderly care vendors
• EAP – free and confidential counseling, online work-life resources
• Employee networks – Diversity, volunteering, sports, family care - various activities to participate
• Special leaves entitlement

Your key responsibilities:

Business Analysis & Stakeholder Engagement

• Partner with Operations, Finance, and Technology teams to gather, analyze, and document business requirements.
• Translate business needs into detailed functional specifications and high-level technical requirements.
• Facilitate workshops, interviews, and requirement-gathering sessions with Japanese and global stakeholders.
• Ensure proposed solutions align with business strategy, regulatory requirements, and target-state operating models.
• Obtain business sign-off on requirements and manage requirement traceability throughout the project lifecycle.

Functional Design & Documentation

• Produce clear and comprehensive functional specifications, process flows, business events, and system interaction diagrams.
• Document current-state and future-state business processes, identifying critical inputs, outputs, controls, and dependencies.
• Create and maintain business-facing documentation including:
  • Functional Specifications
  • User Manuals
  • Solution Briefs
  • Functional Summaries
  • Operational Procedures

Japanese Fixed Income Domain Expertise

• Provide subject matter expertise across the Japanese Fixed Income post-trade lifecycle, including:
  • Japanese Government Bonds (JGBs)
  • Corporate Bonds
  • Cash Trades
  • Repo Transactions
  • Buy/Sell-Back (B/L)
  • Gensaki Transactions
• Support business initiatives, regulatory changes, and operational improvements impacting settlement processes.

Settlement Operations & Securities Processing

Demonstrate expertise in:

• Securities Settlements
• Fail Management & Financing
• Securities Borrowing & Lending
• Inventory Control
• Custody Operations
• Books and Records Management
• Corporate Actions Processing
• Settlement Risk Management

Market Infrastructure Knowledge

Maintain strong understanding of Japanese market infrastructure, including:

• Clearing Houses and Central Counterparties (CCPs)
• Depositories and Custody Networks
• Japanese Settlement Market Practices and Regulations

Testing & Quality Assurance

• Ensure all business requirements are testable and fully traceable.
• Design business test scenarios, test objectives, and acceptance criteria.
• Prepare and execute:
  • System Integration Testing (SIT)
  • Functional Testing
  • UAT coordination
• Support business users during testing cycles and peak operational periods.
• Review interface testing results between multiple applications and external systems.
• Produce test completion and test exit reports.

Technology & Application Support

• Collaborate with development teams and vendors throughout the development lifecycle.
• Provide functional guidance during solution design, implementation, and deployment.
• Support release management and production deployments.
• Investigate functional issues, perform root cause analysis, and coordinate remediation activities.
• Work closely with Application Management teams on production incidents, enhancements, and defect resolution.

Project Delivery & Governance

• Track open issues, assumptions, risks, and dependencies.
• Coordinate resolution across Project Managers, Architects, Development Teams, and Business Stakeholders.
• Assist project management teams in prioritizing change requests and delivery milestones.
• Ensure compliance with SDLC standards, governance controls, and audit requirements.

Your skills and experience:

• 5+ years' experience in IT in large corporate environments, specifically in the area of controlled production environments or in Financial Services Technology in a client-facing function. Experience of supporting complex application and infrastructure domains with time critical, regulated tasks, changing priorities 

Business & Domain Knowledge

• Extensive experience in Fixed Income post-trade processing and settlement operations within the Japanese market.
• Exposure to vendor-managed settlement systems and market infrastructure integration.

• Experience working with Japanese vendors & Japan Regulatory applications like JASDEC,BOJ & JSCC

• Experience in requirements analysis, solution design, testing, and production support.

• Ability to interpret technical specifications and assess business impact.
• Fundamental technology understanding e.g. Java,MQ, SFTP, Oracle, SQL, OS (Linux, Windows Server) and  Cloud computing

Language Requirements

• Fluent Japanese (Business level or Native)
• Fluent English (Business level)
• Ability to communicate effectively with both local Japanese stakeholders and global technology teams.

Soft Skills

• Excellent communication and stakeholder management skills.
• Strong analytical and problem-solving capabilities.
• Ability to work independently and take ownership of delivery outcomes.
• Collaborative mindset with experience working across global and regional teams.
• Flexible and willing to support critical business activities during peak periods or project milestones.

• Educated to University degree level
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs undefined

How we’ll support you: 

• 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
• Training and development to help you excel in your career

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.

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.