Deutsche Bank India
Deutsche Bank India | Analyst - Business FInance
Upload your resume & find all jobs matching it
See how well this job fits you — plus every other live job that matches your skills and experience.
PDF, DOCX or photo
Applying here? Tailor your resume to this job - see which keywords it asks for that your resume is missing.
Job Highlights
Responsibilities
- The role ensures accurate, timely and well controlled daily P&L, balance sheet substantiation, independent price verification and reconciliation of front-office to general ledger.
- This role is based out in DIPL Mumbai and will be reporting to AVP / VP Business Finance Lead.
- As a Business Finance personnel, the core responsibilities are to ensure accurate reporting of Periodic P&L, Risk and Balance Sheet based on sound business / product understanding along with strong accounting & system knowhow.
- As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Prepare, review and explain daily P&L for Securitised Products – MBS, CMO, CMBS including attribution to market moves, prepayment behaviour, carry, new issue activity and trading positions.
- Providing daily commentary and FVA variance investigation to Front Office traders and senior Finance managers.
- Analyse mortgage-specific drivers including prepayment speeds, CPR, PSA, TBA Exposure and Spec Pool valuation that impacts P&L nos.
- Supports month-end close, including accounting to economic P&L reconciliation, journal review, certification support including understanding of accounting principles.
- Partners with Trading, Risk, Operations, Treasury, Technology and Finance stakeholders to resolve data, booking, valuation and settlement issues.
- Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change.
- Responsible for ensuring that Standard Operating Procedures are adhered to and updated for effectiveness on a timely basis.
- Keeps pace with technological innovations and market driven initiatives
Requirements
- Typically, 4-7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance within Investment Bank.
- Strong knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO; and Bonds in general OTC, Loans and Listed Derivatives.
- Experience with daily P&L production, P&L attribution, IPV, reserves/valuation adjustments, reconciliations and month-end close.
- Familiarity with GAAP/IFRS accounting concepts, fair-value measurement and internal controls over financial reporting.
- Attention to details and strong control mindset.
- Strong interpersonal skills and ability to communicate effectively across global teams.
- Ability to identify opportunities to work with and apply AI, machine learning and intelligent automation to Product Control workflows, including P&L production, reconciliation, variance analysis, valuation review and exception management.
About the company
Deutsche Bank
Deutsche Bank is a leading German bank, founded in Berlin in 1870 and headquartered in Frankfurt. Its businesses span the Corporate Bank, the Investment Bank, the Private Bank and asset management through DWS, serving companies, institutions and individuals worldwide.
Deutsche Bank has been present in India since 1980. Besides its branch banking business, its Indian centres in Mumbai, Pune, Bengaluru and Jaipur support the group globally in technology, operations and finance. Finance professionals typically work in financial control, product control, regulatory reporting, tax, internal audit and risk.
