Business Finance Senior Analyst

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

Benefits offered by this job

Leave policy

Parental leave

Childcare reimbursement

Certifications sponsorship

Employee assistance

Health insurance

Life insurance

Health screening

Job summary

Deutsche Bank in Mumbai is seeking a Business Finance Senior Analyst to contribute to Product Control and Financial Control functions. The role is based in Mumbai and reports to AVP/VP Business Finance Lead.

You will produce daily T+1 P&L, perform break investigations, balance sheet substantiation, and month-end close activities, while collaborating with Front Office traders and senior Finance managers across global teams. This position offers a growth-oriented path within a leading global bank.

Qualifications

• Qualified Finance professional - CA or MBA in Finance degree with 5-7 years’ experience in the core finance & accounting function.
• Strong understanding of financial market products such as Bonds, OTC, Loans and Listed Derivatives.
• Demonstrate Initiative and ability to navigate a global financial institution.
• Excellent multi-tasking, motivation and energy with high quality standards.
• Good understanding of DB systems and ability to use AI/Automation tools where relevant.

Responsibilities

• Produce daily T+1 P&L, attribution and analysis.
• Provide daily commentary and variance to Front Office traders and senior Finance managers.
• Conduct break investigations and resolution (Ledger, Cash, FO/MO systems).
• Balance sheet substantiation with GL accounts per MRP policy.
• Produce MIS reports within deadlines and perform month-end close (SAP journals, reconciliations).
• QA processes within the team remit and assess control effectiveness.
• Engage with Change the Bank SME to deliver changes.
• Review SOPs for relevance and effectiveness.

Skills

Financial analysis

P&L ownership

Attention to detail

Communication skills

Education

CA

MBA in Finance

Tools

DB systems

Job description

In Scope of Position-Based Promotions

• Individual Contributor Role within US Rates Business Finance team covering Product Control and Financial control functions. This role is based out in DIPL Mumbai and will be reporting to AVP / VP Business Finance Lead.
• Revenue control & Financial control responsibilities are segregated & well defined for each product / business lines. 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.

Job Title: Business Finance Senior Analyst

Corporate Title: Associate

Location: Mumbai, India

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

• Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
• Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
• Break investigation and resolution in timely manner: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc.
• Balance sheet substantiation, i.e. obtaining requisite support for GL accounts in line with MRP policy
• Production of various MIS reports within agreed timelines
• Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within your team’s remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) to deliver change
• Responsible for ensuring that Standard Operating Procedures are reviewed for relevance and effectiveness on a timely basis.

Your Skills And Experience

• Qualified Finance professional - CA or MBA in Finance degree with 5-7 years’ experience in the core finance & accounting function of an organization.
• Strong understanding of financial market products such as Bonds, OTC, Loans and Listed Derivatives
• Very strong problem solving, analytical & commercial acumen required to support the business
• Demonstrate Initiative and ability to successfully navigate a global financial institution
• High level of motivation and energy; adherence to highest quality standards; ability to multi-task and work independently
• Strong communication and interpersonal skills
• Good understanding relevant DB systems required for the role or ability to pick up / utilize where not already there.
• Strong technical skills and ability to work with financial data and use AI / Automation tools where necessary

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.