Analyst - Business FInance

Deutsche Bank AG; Mumbai; On-site; INR 2,000,000 - 3,600,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare}],

Sponsorship for Industry relevant cert

Employee Assistance Program

Comprehensive HospitalizationInsurance

Accident and Term life Insurance

Health screening for 35 yrs+. and up

Job summary

Deutsche Bank AG in Mumbai, India is seeking a Senior Business Finance Analyst to support end-to-end business finance control for securitised products trading, with a primary focus on MBS/CMO. The role reports to the AVP/VP Business Finance Lead and emphasizes accurate P&L, balance sheet substantiation, and independent price verification.

The candidate will partner with Trading, Risk, Operations, Treasury, Technology and Finance to resolve data and settlement issues, while supporting month-end

Qualifications

• Qualified finance professional (CA or MBA in Finance or related field).
• 4–7 years in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance in Investment Bank.
• Strong knowledge of Fixed Income and securitised products (Agency MBS, CMO) and bonds.
• Experience with daily P&L production, IPV, reconciliations, and month-end close.
• Familiar with GAAP/IFRS accounting concepts and internal controls.
• Interest in applying AI and automation to Product Control workflows.

Responsibilities

• 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
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO vs MO system
• Substantiate Balance-Sheet accounts, reconcile inventory and trade populations, and ensure completeness in line with MRP policy
• 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

Skills

Attention to details

Interpersonal skills

Communication across global teams

AI & automation awareness

Problem solving

Education

MBA in Finance

CA / ICWA / CFA

Job description

Job Title

Business Finance Senior Analyst, AYST

Location

Mumbai, India

Role Description

The senior Analyst will support end-to-end business finance control for Securitised Products trading business with primary focus on Mortgage-Backed Securities (MBS), Collateralised Mortgage Obligations (CMOs). 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.

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

• 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
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO vs MO system
• Substantiate Balance-Sheet accounts, reconcile inventory and trade populations, and ensure completeness in line with MRP policy
• 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

Your skills and experience

• Qualified Finance professional - CA or MBA in Finance or any related discipline.
• 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
• 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.
• Core Competencies: Attention to details and strong control mindset Proactive issue identification and escalation Intellectual curiosity and product expertise Strong interpersonal skills and ability to communicate effectively across global teams Well organized & able to clearly present results of work.
• Commitment to process improvement and automation Keeps pace with technological innovations and market driven initiatives
• Education / Certification MBA (finance) or CA / ICWA / CFA.
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgement 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)