Deutsche Bank India | Financial and Regulatory Reporting Specialist

Responsibilities

• As an Associate in our US CFO function in Mumbai, India, you will be a key contributor to driving sustainable financial performance across the United States.
• This role requires significant experience in regulatory reporting and a strong understanding of US regulatory requirements.
• You will be fully accountable for ensuring the accuracy, timeliness, and completeness of a wide range of regulatory and financial reports, directly contributing to safeguarding the financial stability of Deutsche Bank USA and maintaining its license to operate.
• This role offers excellent career growth and development opportunities, including mentorship and leadership of small projects, and contributes to continuous process improvement and automation.
• You will analyze the impact of regulatory changes, process complex reconciliations, and contribute to stakeholder engagement in our collaborative and global environment.
• Analyze impact of, develop positions toward, and comment on proposed and final regulatory rules.
• Prepare and present quarterly analytics and variance analyses for due diligence with senior management and functional partners.
• Lead or actively participate in process improvement and automation initiatives, aimed at enhancing reporting efficiency and control effectiveness, leveraging advanced data tools like SAP, Python, PowerQuery, and AI.
• Mentor junior team members and lead small project initiatives, fostering a culture of collaboration and continuous improvement within the team.
• Collaborate effectively with diverse internal teams and external stakeholders across different regions to ensure seamless reporting, and build and maintain strong working relationships with the onshore US CFO team.
• Ensure appropriate controls across all financial processes relating to the organisation.
• Process, prepare, review, and ensure the submission of regulatory report filings with regulatory bodies such as the Federal Reserve Bank of New York, OCC, FDIC, SEC, FINRA, and other regulatory bodies (i.e. FRY-9C, FRY-9LP, FRY-12, FRY-15, FFIEC 009).
• Be accountable for processing significant manual and complex reconciliation activities to ensure alignment across regulatory reports.
• Take ownership of complex issues from identification to resolution, often acting as a subject matter expert for specific report schedules.
• Liaise with various internal (i.e. Regulatory Relations, Legal, Compliance, Audit, Finance Project Office, Business Operations) and external constituencies (i.e. regulators, external auditors, consultants).

Your skills and experience

• 5-10+ years of regulatory reporting experience within Regulatory Reporting at a Global Investment Bank, managing complex reports for multiple entities.
• In-depth understanding of banking regulatory reporting rules and regulations, and regulatory expectations from agencies like the OCC, FDIC, SEC, and FINRA.
• Well-developed organizational, analytical, and problem-solving skills, aligned with excellent attention to detail and time management.
• Ability to interpret ambiguous regulatory guidelines, resolve complex data discrepancies, and develop solutions for practices out of compliance.
• Possess knowledge of FBO and IHC regulatory requirements.
• Proficiency in tools like SAP, Python, PowerQuery, or similar data analytics and reporting platforms is highly valued.
• Knowledge of the regulatory reporting tools (e.g., Axiom, SAP), general ledgers, offered products, and their related activities is a plus.
• Public accounting firm experience with financial institution clients is a plus.

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.

• Industry: Banking and financial services
• Headquarters: Frankfurt am Main, Germany
• In India: Branch banking plus large global capability centres in Mumbai, Pune, Bengaluru and Jaipur