Deutsche Bank
2 weeks ago
Business Finance Senior Analyst
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Company information
- Company
- Deutsche Bank
- Location
- India, Maharashtra, Mumbai India
- Posted
- 2 weeks ago
Job description
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Position OverviewLocation: Mumbai, India
Corporate Title: AS
Role Description
The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures for Financing products like Loans, Bonds and its hedges such as Rates Swaps, Loan Insurance and TRS. It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained. It also ensures that all of the Bank’s transactions and positions are correctly reflected in the Bank’s PnL and Balance Sheet and disclosures, in accordance with relevant accounting standards.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
Responsible for supporting daily PL: and monthly Financial Control activity with understanding of trade booking through physical and cash settlement and the corresponding financials. Timely & accurate reporting of Ledger by taking manual journals, following robust control framework like FOBO, MAFA, Balance Sheet Substantiation and Balance sheet review.
- Problem solving like break investigation such as Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc and representing data analysis is critical for success in this role.
- Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
- Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
- Ensure compliance to risk and control guidelines.
- Stakeholder management by prompt response to various queries/issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.
- Understand trade flows, booking structures and ensure that the trades are captured in accordance with such defined structure which will enable accurate funding cost allocation through Funds transfer pricing.
Your skills and experience
- Financial Control and product control experience in Financing products and derivatives.
- Strong understanding of financial market products such as Loans/Bonds/TRS etc. Also ledger controls around Cash and Physical settlement.
- IFRS/GAAP knowledge is preferred
- Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
- Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.
- Proficient in Microsoft Office applications, strong Word and Excel skills required
- Need to be a good team player
Education:
- Preferably qualified MBA/CA / CFA.
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.
How we’ll support you
- Training and development to help you excel in your career
- 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
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
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.
Required skills
- education
- initiative
- microsoft office
- team player
- training
- development
- problem solving
- time management
- word
- excel
- financial accounting
- support
- progression
- financials
- risk management
- data analysis
- analyst
- prioritization
- certifications
- data
- workflows
- culture
- coaching
- derivatives
- stakeholder management
- ca
- loans
- ifrs
- employee assistance program
- continuous learning
- mumbai
- cfa
- productivity
- bonds
- accounting standards
- india
- gaap
- financial control
- ai tools
- mba
- key responsibilities
- escalation
- career
- balance sheet
- as
- flexible benefits
- commercially
- profit and loss
- business unit
- attribution
- accident insurance
- balance sheet substantiation
- health screening
- experts
- hedges
- cash settlement
- business problems
- financial disclosures
- product control
- inclusive work environment
- control framework
- business finance
- trade capture
- balance sheet review
- hospitalization insurance
- revenue attribution
- leave policy
- pnl
- lgbtq+
- trs
- financial market products
- deutsche bank
- funds transfer pricing
- company website
- responsibly
- responsible use
- empowered
- collaboratively
- childcare assistance
- front to back
- mygwork
- skills and experience
- role description
- ethical use
- term life insurance
- financing products
- parental leaves
- critical judgment
- trade booking
- ai outputs
- trade flows
- celebrate successes
- deutsche bank group
- corporate title
- business finance function
- rates swaps
- loan insurance
- risk positions
- flexible scheme
- physical settlement
- ledger reporting
- manual journals
- fobo
- mafa
- break investigation
- model vs actual
- t+1 p&l production
- variance investigation
- front office traders
- senior finance managers
- risk and control guidelines
- finance directors
- onshore management
- fincon
- booking structures
- funding cost allocation
- ledger controls
- investment banking environment
- excel together
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