Financial Analyst

Deutsche Bank; Mumbai City; On-site; INR 1,500,000 - 3,000,000; Full time

Benefits offered by this job

Leave policy

Parental leaves (gender-neutral)

Certification sponsorship

EAP for employees and families

Hospitalisation insurance

Term life insurance

Health screening 35+

Coaching and development

Job summary

Deutsche Bank in Mumbai seeks a skilled Finance professional to own daily P&L production, attribution and analysis, providing timely commentary to Front Office traders and senior Finance managers.

You will drive monthly financial control activities, perform ledger postings via manual journals, and resolve model vs actual discrepancies while adhering to risk guidelines and front-to-back IB processes.

Qualifications

• Financial control and product control experience in Investment Banking.
• Understanding of market products: Loans, Bonds, Credit, derivatives, cash equity, swaps, options, futures.
• IFRS/GAAP knowledge preferred.
• Front-to-back IB environment experience from trade capture to balance sheet.
• Time management and prioritization, escalation when needed.

Responsibilities

• Acknowledge accurate and timely daily P&L production, attribution and analysis.
• Provide daily commentary and variance investigation to Front Office traders and senior Finance managers.
• Oversee monthly Financial Control activities including ledger reporting via manual journals.
• Conduct break investigations and resolutions for model vs actual P&L and cash/position differences.
• Resolve model risk control exceptions and ensure compliance with risk guidelines.
• Respond promptly to queries from Finance directors and other stakeholders.
• Understand trade flows and booking structures to enable correct funding cost allocation via funds transfer pricing.

Skills

Financial control

Investment banking products

IFRS/GAAP knowledge

Front-to-back IB

Time management

MS Office

Front office systems

Education

MBA / CA / CPA / ACCA / CFA

Job description

• The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures. It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained. It also ensures that all of the Bank’s transactions and positions are correctly reflected in the Bank’s accounting records and disclosures, in accordance with relevant accounting standards.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

Best in class leave policy.

Gender neutral parental leaves

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

Responsible for monthly Financial Control activity such as timely & accurate reporting of Ledger by taking manual journals

Break investigation and resolution: Model vs Actual(Ledger) Cash, Position & P&L.

Model risk control exceptions resolution

Ensure compliance to risk and control guidelines.

Stakeholder management by prompt response to various queries/issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.

Understand trade flows, booking structures and ensure that the trades are captured in accordance with such defined structure which will enable accurate funding cost allocation through Funds transfer pricing.

Your skills and experience

Financial Control and product control experience in Investment Banking

Strong understanding of financial market products such as Loans, Bonds, Credit, derivatives, Cash Equity, Swaps, Options and Futures.

IFRS/GAAP knowledge is preferred

Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)

Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.

Proficient in Microsoft Office applications, strong Word and Excel skills required

Exposure to multiple front office systems.

Education

• Preferably qualified MBA/Chartered Accountant / CPA / ACCA / CIMA / CFA.

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:

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.

We are your first point of contact in all financial matters - at home and abroad. Your Global Hausbank.

Deutsche Bank is a leading global financial institution with strong European roots, providing comprehensive banking services to diverse clients since 1870.

Post IPO Debt - European Investment Bank$575.5M

Post IPO Debt$1.5B

Post IPO Equity - Capital Group

Oct 2020

Footprint

Where they work