Business Finance, AVP Deutsche Bank
Deutsche Bank
Office Location
Full Time
Experience: 5 - 5 years required
Pay:
Salary Information not included
Type: Full Time
Location: Maharashtra
Skills: Business Finance, financial accounting, Accounting standards, Business Relationship Management, process standardization, talent development, Problem Solving, People Management, Communication skills, Financial Disclosures, Profit, Loss PnL, Risk Positions, Revenue Control, CTB Change the Bank Initiatives, Financial Controllers, Month end close activities, SAP Journals, Balance Sheet Reconciliations, internal, External Financial Disclosures, QA Function, Product Reconciliation, Balance Sheet Substantiation, KRIs Key Risk Indicators, KOPs Key Operating Procedures, Interest Rates Derivatives, risk, Valuations, New Product Approval NPA Process, Market Driven Initiatives
About Deutsche Bank
Job Description
The Business Finance function is responsible for the production of business level revenue attribution, financial accounting, and financial disclosures. On a daily basis, accurate and timely reporting of Profit and Loss (PnL) is ensured for each business unit, along with a clear understanding and explanation of the drivers behind the risk positions and PnL. All of the Banks transactions and positions are accurately reflected in the Banks accounting records and disclosures, in compliance with relevant accounting standards. Revenue Control roles involve producing daily profit and loss for the business unit/trading center, enhancing transparency of controls, obtaining necessary sign-off from Front-Office (Traders), resolving daily cash breaks, participating in CTB initiatives, liaising with support teams, collaborating with stakeholders to improve processes, and ensuring effective front to back controls are in place. Financial Control roles include performing month-end close activities, producing and reviewing business level financial disclosures, engaging with CTB/SME for change delivery, driving continuous improvement, managing issue resolution, monitoring exceptions, reviewing balance sheet substantiation, process standardization, providing summaries of KRI's, ensuring timely review of KOPs, and working with stakeholders to enhance processes and outputs. The position is aligned with Rates Business for the EMEA region, involving oversight and management of daily independent Risk and P&L generation, reconciliation, position reports, exception reviews, trader queries resolution, business growth facilitation, strategic systems role out, talent development, problem-solving, technical innovation adaptation, interpersonal skills, and process improvement drive. Candidates should have relevant experience in Financial Services/Product Control, a degree in Business or Accountancy, enhanced technical knowledge, cultural awareness, people management skills, communication proficiency, and the ability to work in global teams, challenge procedures, drive improvements, and share expertise. Continuous training, coaching, and support are provided for career progression and a culture of continuous learning is fostered within the organization. For further information about our company and teams, please visit our website at https://www.db.com/company/company.htm. We promote a positive, fair, and inclusive work environment, where employees are encouraged to excel together every day by acting responsibly, thinking commercially, taking initiative, and working collaboratively as part of the Deutsche Bank Group.,