Accounting Control Specialist

Deutsche Bank AG; Mumbai; Hybrid; INR 1,800,000 - 2,600,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

EAP for you and family

Hospitalization insurance

Life Insurance

Health screening

Job summary

Deutsche Bank AG in Mumbai, India, seeks an Accounting Control Specialist responsible for independent QA reviews of regulatory reporting data integrity within Finance Control Oversight. You will collaborate across Finance, Product Control, Operations and Business Lines to strengthen controls and ensure accurate filings.

Role requires strong communication, testing design, and cross-entity coordination, with a hybrid work model in the Mumbai office and US shift timings.

Qualifications

• Degree in Accounting or related field required.
• Strong understanding of regulatory reporting and control environments.
• Excellent written and verbal communication in a global org.

Responsibilities

• Develop and maintain relationships within Finance and other bank areas to understand end-to-end control environments.
• Assist in executing the annual Regulatory Reporting QA review plan.
• Review QA results, design tests and validate control effectiveness across front-to-back processes.
• Communicate issues to management affecting regulatory report accuracy.
• Draft QA issues with root cause and regulatory impact; support remediation efforts.

Skills

Regulatory controls

Controls framework

Communication skills

Global collaboration

Project management

Education

Degree in Accounting or related field

Tools

MS Office

Excel

Job description

Job Description: Job Title: Accounting Control Specialist Corporate Title: Vice President Location: Mumbai, India Role Description The primary objective of the Quality Assurance (QA) function within Finance Control Oversight (FCO) is to provide an independent validation and enhancement of regulatory reporting data integrity. The QA function will provide periodic reviews of selected Deutsche Bank regulatory filings to evaluate the effectiveness of procedures and controls in place to contribute to the accuracy of the reports submitted to regulators. Key stakeholders include Finance, Finance Regulatory Reporting, Product Control, Operations, and Business Lines.

What we’ll offer you

• 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

• Develop and maintain strong relationships within Finance and other areas of Bank globally to build an understanding of the end-to-end control environments
• Work within the QA team to assist in the execution of the annual Regulatory Reporting QA review plan
• Perform Supervisory and Review of Regulatory Reporting QA reviews in accordance with the QA Framework standards, which includes testing design and operating effectiveness of controls and completing front to back transaction testing
• Communicate with management any issues from the review that may affect the accuracy of the regulatory reports filed or the supporting control environment
• Draft Regulatory Reporting QA issues (as they arise) that document the control deficiency or report inaccuracy, root cause and regulatory impact
• Work with issue owners on effective remediation, remediation ownership and challenge of remediation efforts
• Adhoc projects, as needed

Skills required

• Understanding of controls and practical application of control principles
• Ability to challenge existing processes and recommend process and control improvements where relevant
• Excellent verbal and written communication skills
• The ability to operate effectively within a global organization working with teams across multiple entities
• Project management skills and ability to prioritize and coordinate various deliverables across multiple owners
• Degree in Accounting or related field
• Skills that will help you excel Proficient with MS Office (Excel, Word, Power Point)
• Excellent communication skills, both written and spoken
• Self-Motivated Detailed Oriented Understanding of controls and practical application of control principles as well as an understanding of front-to-back control environments; experience in Financial Services, Comprehensive Capital Analysis Review (CCAR), Regulatory Reporting and/or Treasury a plus

Expectations

• It is the Bank’s expectation that employees hired into this role will work in the Mumbai, India office in accordance with the Bank’s hybrid working model.
• This role will have US shift timings.
• 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)