Senior Analyst - Accounting Controller
Deutsche Bank AG
Mumbai, India
4d ago

Finance

It is crucial for the bank to understand how profitable each businesses activity is and Finance has a responsibility to understand precisely the resource commitment the bank makes to any given client or transaction e.

g. cost, capital, funding, liquidity and risk. Finance is playing a central role in keeping the bank focused on simplification and financial resource management.

With our diverse teams in 47 countries, we offer a broad portfolio of capabilities. Our key functions range from Group Finance, Treasury, Planning and Performance Management, and Investor Relations to enabling functions such as Finance Change and Administration.

These teams make sure we cover all Finance specific aspects for our internal and external stakeholders such as shareholder, employees, clients and regulators.

Together, it is the role of Finance to oversee all financial details for Deutsche Bank globally.

Sound financial principles are at the core of everything we do. That’s why Finance is vital to the way we run our business.

In a global marketplace that’s constantly evolving, being adaptable, decisive and accurate is critical.

Join us and you’ll be able to make a real difference in a dynamic global team with multiple career opportunities.

Role Description :

The Risk Engine Utility P&L team is responsible for producing T0 and or T&1 risk & PnL reports for their respective trading desk.

They ensure that the risk drivers are understood and any risk move is explained & validated. PnL is explained through attribution analysis.

This role requires front to back understanding of various financial products and trade life cycle.

Key functions include

  • Daily production and analysis of risk and PnL reports for Rates and Emerging Market (EM) debt business.
  • Liaise with the trading desk to explain risk and PnL move and obtain trader sign off.
  • Ability to price various financial products using DB analytics tools.
  • Understanding various components of Risk Engine (valuation platform), work may involve configuring risk and pricing dictionaries.
  • Understanding of market data errors impacting risk and PV and their resolution in a timely manner.
  • PV / MTM adjustments, Cash breaks, Market Confirmation exceptions are resolved within the agreed deadlines.
  • Ensure KRI’s and KPIs are closely monitored.
  • Participate in change the bank (CTB) initiatives of the team as well as domain-wide.
  • Stakeholder management by liaising with traders, market risk, finance, GVG, business & financial control and resolving their queries in a timely manner.
  • Key Competencies :

    Proven track record in delivery of Risk and Pnl to Front office with clear evidence of

  • Problem solving
  • Ability to Fix analytical issues
  • Build & maintain strong relationships with Trading desk and on-shore partners.
  • Experienced in the financial services industry with strengths including the ability to review and analyze daily economic movements of Rates & Credit derivatives and other financial instruments based on the current market news for accurate reporting.

    Proven Change Agent able to demonstrate delivery of a change initiative and challenges operating model identify process improvements and work with both business and support partners to enhance effectiveness of control environment and improve accuracy and granularity of Risk and Pnl.

    Familiarity with complex and exotic trade types and their associated risks a distinct advantage, as well as major industry pricing models and discounting methodologies.

    Qualifications and Skills :

  • Candidate must possess at least a Bachelor's / College Degree , Professional License (Passed Board / Bar / Professional License Exam), Mathematics, Engineering, IT, Economics, Finance / Accountancy / Banking, or equivalent.
  • Accountancy Qualification desirable but not essential
  • Required skill(s) : accounting and financial analysis, reporting, profit and loss (PnL), cost reconciliation, management information system, Risk Management.
  • Required language(s) : English
  • Computer-literate and skilled in MS Office applications (with particular emphasis on Excel)
  • Preferably 2-4 Yrs Experience in a Pnl & Risk environment
  • Team worker, able to work in virtual global teams and in a matrix organisation
  • Open minded, able to share information, transfer knowledge and expertise to team members
  • Flexibility regarding problem solving
  • Keeps pace with technical innovation and market driven initiatives
  • Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

    Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

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