Financial Control Oversight - Divisional Risk and Control Analyst - Associate

Deutsche Bank AG; Manila; On-site; PHP 900,000 - 1,200,000; Full time

Benefits offered by this job

Medical and Life Insurance

20 days Annual Vacation Leaves

Competitive Salary

Attractive Retirement Benefit

Job summary

Deutsche Bank AG in Manila is seeking an Associate for Financial Control Oversight within Divisional Risk and Control. The role supports SOX compliance, drives balance sheet substantiation controls, and coordinates with regional Finance Directors to tackle emerging issues.

You will administer BSS processes, perform backtesting and control testing, and act as a subject matter expert on accounting and audit concepts, contributing to risk assessments and governance across the Manila finance team.

Qualifications

• Bachelor's Degree in Accountancy required.
• CPA preferred.
• Experience in SOX controls and audits.
• Knowledge of markets, risk and regulatory frameworks.
• Experience in banking/financial services.

Responsibilities

• Drives the BSS effort for the region, coordinating with country/division Finance Directors to determine emerging issues (i.e., unsubstantiated balances, Potential Financial Exposures) and monitor resolution.
• Ensures integrity of balance sheets through substantiation, reconciliation and back/review testing.
• Performs quality assessments and backtesting of the BSS results, and connect the data points with other control metrics.
• Improves the understanding and increase accountability among account owners through updates and enhancements to the BSS training framework (e.g., online courses, classroom training).
• Serves as a Subject Matter Expert on BSS, accounting, and audit concepts and principles.
• Responsible in the review and administration of SOx relevant controls through coordination with FCO partners and Stakeholders to ensure accurate and completeness of controls documentation in the system.
• Perform assessment on SOx test results to identify risk issues or control gaps and link these with global risk areas.
• Assess Financial Reporting and Regulatory Risks in Manila Finance for appropriate escalation and reporting.
• Monitor and handle Management discussions and updates on local DBG Manila Audit activities.
• Manage change projects to deliver on process improvements and efficiencies.

Skills

SOX control

External/audit

Balance sheet substantiation

Team & project management

Banking & financial services

Risk & regulatory knowledge

Education

Bachelor's Degree in Accountancy

CPA

Job description

Job Description: Additional Job Description

Job Title: Financial Control Oversight - Divisional Risk and Control Analyst - Associate

Location: Manila

Corporate Title: Associate Balance Sheet Substantiation (BSS) is a key pillar of DB’s SOX compliance efforts, and the role will drive the effective implementation of this control process.

The role will handle the implementation, administration, and governance of the balance sheet substantiation control globally. SOx, as a key regulatory requirement, is the Bank’s main framework in detecting financial reporting risk. This role is mainly responsible in supporting the effective implementation of the SOx framework across DB through key controls administration, operating and design effectiveness review results reporting and analysis and drives overall assessment across risk areas such as Audit, SIF and Risk Incidents.

Your key responsibilities

• Drives the BSS effort for the region, coordinating with country/division Finance Directors to determine emerging issues (i.e., unsubstantiated balances, Potential Financial Exposures) and monitor resolution.
• Ensures integrity of balance sheets through substantiation, reconciliation and back/review testing.
• Performs quality assessments and backtesting of the BSS results, and connect the data points with other control metrics.
• Improves the understanding and increase accountability among account owners through updates and enhancements to the BSS training framework (e.g., online courses, classroom training).
• Serves as a Subject Matter Expert on BSS, accounting, and audit concepts and principles.
• Responsible in the review and administration of SOx relevant controls through coordination with FCO partners and Stakeholders to ensure accurate and completeness of controls documentation in the system.
• Perform assessment on SOx test results to identify risk issues or control gaps and link these with global risk areas.
• Assess Financial Reporting and Regulatory Risks in Manila Finance for appropriate escalation and reporting.
• Monitor and handle Management discussions and updates on local DBG Manila Audit activities.
• Manage change projects to deliver on process improvements and efficiencies.

Your skills and experience

• Bachelor's Degree in Accountancy
• Preferably a Certified Public Accountant (CPA)
• Experience in SOX control, external/internal audit or balance sheet substantiation coming from banking and financial services
• Knowledge on markets business, risk and regulatory
• Preferably with team and project management experience

What we’ll offer you

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. 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)