Deutsche Bank India
Deutsche Bank India | Business Finance Senior Analyst, AS
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Job Highlights
Responsibilities
- The role combines independent P&L and valuation control with complex escalations, control enhancements, month-end close and oversight of work produced by Senior analysts.
- 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 BS 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
- Own daily P&L production, review, substantiation, and commentary for assigned securitised product books, ensuring timely delivery and a clear explanation of revenue drivers.
- Review P&L attribution across new issue activity, market moves, carry, prepayment behaviours, time decay, convexity, basis risk, financing / repo, cancellation / amendments and manual adjustments.
- Lead timely front-office P&L sign-off by investigating material flash to actual variance.
- Oversee daily and month-end reconciliations across front office, risk, sub-ledger and general ledger systems; drive root cause resolution of recurring breaks with technology, Operations and Middle office.
- Review and challenge balance-sheet completeness, position integrity, trade populations, inventory reconciliations and accounting-policy application across relevant legal entities.
- Act as a senior point of contact for Trading, Risk, Valuation Control, Operations, Treasury, Technology, Financial control, Audit, Regulatory reporting on complex P&L, valuation and control issues.
- Support new-product onboarding, system migrations, booking model changes, control framework enhancements, and user acceptance testing.
- Identify and lead process-improvement, automation and AI-enabled initiatives across P&L & BO processes, reconciliations, variance commentary and management reporting.
- Maintain robust procedures, control documentation, audit evidence, and issue tracking records; monitor KRI’s, SLA’s and control thresholds, escalating breakdowns promptly with key stakeholders.
- Training and development to help you excel in your career.
- Take ownership of month-end close activities, including accounting to economic P&L reconciliation, journal review, certification support and preparation of reporting packs for senior finance and trading management
Your skills and experience
- Typically, 5-7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance, with substantial exposure to securitised products.
- Deep knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO’s ABS’s structured credit and related derivatives or hedging instruments.
- Experience owning daily P&L, P&L attribution, Front-office sign-off, IPV, reserves/valuation adjustments, reconciliations and month-end close.
- Solid knowledge with GAAP/IFRS fair-value accounting concepts, financial instrument classification, valuation reserves and internal controls over financial reporting.
- Experience reviewing or supervising junior team members, managing escalations and communicating complex valuation and P&L issues to senior stakeholders.
- Strong interpersonal skills and ability to communicate effectively across global teams.
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.
