replacement for exisitng position

replacement for exisitng position

Deutsche Bank
1-2 years
Not Specified

Job Description

Position Overview
Title - Financial/Reg/Risk Reporting
Position Description
The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures.
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 accounting records and disclosures, in accordance with relevant accounting standards.
Financial Control & Analysis
Financial Control & Analysis is responsible for providing periodic, accurate and independently validated reporting of CIB financials, while maximizing sustainable performance. The Financial Control & Analysis manager plays a critical part in developing and implementing the strategy to mitigate the financial risk caused by control issues across the GL close process (monthly and daily). The role encompasses Product and Business level alignment.
This role is within Business Finance, where the candidate will be accountable for the managing financial control functions. The products covered are Loans, Bonds, Equities, Rates & OTC
What we will 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 child care assistance benefit (gender neutral)
  • Flexible working arrangements
  • 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

Position Specific Responsibilities and Accountabilities
• Perform & review month-end close activities – SAP journals and reconciliations
• Prepare and review monthly balance sheet, with substantiation and potential financial exposure.
• Review and ensure clearance of product level FOBO reconciliation breaks
• Review, comment upon, escalate and manage timely resolution of business level MAFA breaks.
• Perform MRP balance sheet certification as Primary or Secondary Account Owner.
• Investigate and clear exceptions/break items, interacting with Revenue Control, Ops and other Operations teams when necessary
• Produce and review Business level internal and external financial disclosures
• Close Self-Identified Issues and Audit points on timely basis.
• Exposure to multiple front office systems.
• Sound knowledge of Greeks is a must.
• Knowledge of US-GAAP / IAS/ IFRS is preferred
• Ensure controls around processes such as population completeness and accuracy, perform high end QA on existing processes
• Communication & strong Interpersonal skills;
• Experience of managing a team preferably, including:
Performance appraisal and objective setting.
Giving constructive feed-back and mentoring more inexperienced staff.
Supervising work performed by others.
Experience in carrying out 4-eye checks
Experience/ Exposure
  • 5+ years of overall work experience
  • 5+ + years Financial Control and product control experience in Investment Banking
  • Overseas experience would be a plus.
  • Series 99 certification would be an added advantage.
  • Strong understanding of financial market products such as Loans, Bonds, Credit Derivatives, Cash Equity, Swaps, Options and Futures.
  • Solid Fixed Income product knowledge i.e. Bonds, CDS , TRS, IRS & Loans
  • Ambitious individuals, looking for a challenging role to build an organization of the coming year.
  • Adaptable and culturally aware. Experience of working in a global environment preferable.
  • Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
  • Strong team player with integrity
  • Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.
  • Proficient in Microsoft Office applications, strong Word and Excel skills required

  • Preferably qualified Chartered Accountant / CPA / ACCA / CIMA / CFA.

How we will support you-
  • Training and development to help you excel in your career
  • 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

About us and our teams-
Please visit our company website for further information:
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about diversity and inclusion at Deutsche Bank.

Deutsche Bank

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