GEM Product Control Senior Analyst, AYST

Deutsche Bank AG; Mumbai Suburban; On-site; INR 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Leave policy

Parental leave

Childcare support

Certifications sponsorship

EAP

Health insurance

Life insurance

Health screening

Job summary

Deutsche Bank AG invites applications for a key Business Finance role focused on accurate daily P&L production, attribution and analysis. You will provide commentary to Front Office traders and senior Finance managers, and resolve model vs ledger discrepancies while ensuring compliance with risk and control guidelines.

Ideal candidates have strong IFRS/GAAP knowledge and a solid understanding of fixed income products, loans and derivatives.

Qualifications

• Experience in Financial Control and Product Control within Investment Banking.
• Strong understanding of financial market products (Loans, Bonds, Derivatives, Cash Equity).
• IFRS/GAAP knowledge preferred.
• Front-to-back IB environment experience from trade capture to balance sheet.

Responsibilities

• Produce daily T+1 P&L, attribution and analysis with accuracy and timeliness.
• Provide daily commentary and variance investigations to Front Office traders and Finance managers.
• Resolve model vs ledger cash and FO/MO system vs trade docs discrepancies.

Skills

Financial control

Product control

Investment Banking

IFRS/GAAP

Front to back IB

Education

MBA

CA/CPA/ACCA/CIMA/CFA

Tools

Microsoft Excel

MS Word

Job description

Role 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

• 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: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc
• 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.
• Solid Fixed Income product knowledge i.e. Bonds, CDS, TRS, IRS & Loans.
• 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.

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)