Associate

Position Overview Title: Associate Location:Mumbai 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. Product Control roles have the following common characteristics:
• Produce daily profit and loss for the business unit/trading center.
• Provide necessary transparency of controls done either for quality assurance or for final validation and control performance
• Obtain necessary sign-off from Front-Office (Traders) of the reported P&L
• Resolve daily FOBO cash breaks for the business
• Participate in CTB (Change the Bank) initiatives of the team as well as domain-wide
• Liaise with different support teams for escalation and remediation of daily issues encountered
• Collaborate with Financial Controlles and Business Relationship managers to ensure front to back controls are managed effectively.
• Work with different stakeholders to improve existing processes and outputs

What we’ll offer you:
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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

Position Specific Responsibilities and Accountabilities
• Perform data integrity checks and/or reviews breaks and ensures properly dealt with in the P&L process and Cash Control.
• Provides P&L and risk reports for QA reviews, and ensures all review points are cleared on a timely basis
• Liases with and obtains trader sign-off for final P&L, ensuring queries are answered or escalated on a timely basis
• Prepares EOD reports (P&L and PIPs etc) for review and submission to stakeholders
• Investigate and Resolve FOBO cash and position breaks.
• Provides inputs into the capture of daily KRI's around Risk and P&L reporting
• Liases with other Finance and Operation teams to ensure P&L production issues are cleared on a timely basis
• Escalates any aging and/or contentious issues in daily reports and to direct supervisor
• Performs any UAT requirements on their processes.

You will have: (Skills/Experience)
• Relevant experience in Financial Services / Product Control
• For T+1 role, a Business or Accountancy based degree, with Flash role having a more Mathematical / Engineering / IT focused degree. For both further relevant studies and/or a Masters is an advantage
• Enhances technical knowledge and appreciation for the FTB process and control environment
• Good Stakeholder Management skills
• Good communication skills, fluent in English (written/verbal)
• 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 and maintains a broad understanding of the Finance Organization.
• An excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Keeping pace with technical innovation and market driven initiatives and maintains a broad understanding of the Business Finance offering
• Able to work under pressure
• Able to challenge existing procedures and proactively look for process and system improvements.
• Able to transfer knowledge and expertise to team members, and work across functions in order to share information and proactively resolve challenges.

Education/ Qualifications
• Degree level &/or relevant practical experience
• Preferably qualified Chartered Accountant / CPA / ACCA / CIMA / CFA.

How we’ll support you:
• Training and development to help you excel in your career.
• Flexible working to assist you balance your personal priorities.
• 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.htm l

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion at Deutsche Bank