Job Description
Financial, Regulatory and Risk Reporting Analyst
Deutsche Bank
Pune, Maharashtra
Apply
7 hours agoFull–time
Job Title- Associate Accounting close
Location - Pune
Description Summary
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.
Responsibilities / Tasks
• Knowledge of IFRS GAAP relevant to day-to-day accounting and reporting requirements for Financial Reporting
• Performance of Month end close
• Quality assurance of the output on a daily basis keeping in mind the expected standards of delivery as well as various related SLA/KPI’s
• Maintaining SOX documentation for key controls
• Supporting in internal & external audits
• Escalate issues coming out of the process and key controls that may impact the validity of reported data
• Understand the complete end-to-end process flow from month-end journals to GL reporting and in certain instances to regulatory reports with regulators.
• Review team tasks & processes on regular basis and contribute to reengineering / efficiency initiatives
• Contributes to suggestions for process improvement, systems development or enhanced customer service
• Ensure the impact of escalations is considered and reviewed at an appropriate level
• Consistently maintain high levels of customer service.
• Actively inform clients of new developments and provide status updates
• Responsible for the list of various activities that have been assigned including end to end reconciliations.
• Responsible for Financial data transfer from local reporting system into Global reporting system, reconciliation between the Local & Global systems.
• Responsible for Running Validation reports & clearing/addressing the responsible persons to clear those errors.
• Capable of completing all the tax reconciliations & day-to- day control operations
• Continuous follow up and discussions with onshore customers to update on the progress of reconciliations and the impact if any as a result of identified breaks
• Escalations & heads up of all misses in KPIs to AVP - Be Client/ Colleague/ Process/ Systems
• Preparing & posting Consolidation, Elimination & Tax entries
• Preparing & submitting of Monthly ,Quarterly, Yearlty Forms within the Head Office governed deadline.
• Ensure 4 eye principle is carried out across all critical deliverables and processes
• Ensure Process check list / controls is followed diligently.
• Recognising control weakness and driving through the appropriate changes
• Responsible for regulatory reporting.
• Follow up with BAC
• Provide timely update to line manager on the list of issues if any (system , process)
Deutsche Bank
Pune, Maharashtra
Apply
7 hours agoFull–time
Job Title- Associate Accounting close
Location - Pune
Description Summary
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.
Responsibilities / Tasks
• Knowledge of IFRS GAAP relevant to day-to-day accounting and reporting requirements for Financial Reporting
• Performance of Month end close
• Quality assurance of the output on a daily basis keeping in mind the expected standards of delivery as well as various related SLA/KPI’s
• Maintaining SOX documentation for key controls
• Supporting in internal & external audits
• Escalate issues coming out of the process and key controls that may impact the validity of reported data
• Understand the complete end-to-end process flow from month-end journals to GL reporting and in certain instances to regulatory reports with regulators.
• Review team tasks & processes on regular basis and contribute to reengineering / efficiency initiatives
• Contributes to suggestions for process improvement, systems development or enhanced customer service
• Ensure the impact of escalations is considered and reviewed at an appropriate level
• Consistently maintain high levels of customer service.
• Actively inform clients of new developments and provide status updates
• Responsible for the list of various activities that have been assigned including end to end reconciliations.
• Responsible for Financial data transfer from local reporting system into Global reporting system, reconciliation between the Local & Global systems.
• Responsible for Running Validation reports & clearing/addressing the responsible persons to clear those errors.
• Capable of completing all the tax reconciliations & day-to- day control operations
• Continuous follow up and discussions with onshore customers to update on the progress of reconciliations and the impact if any as a result of identified breaks
• Escalations & heads up of all misses in KPIs to AVP - Be Client/ Colleague/ Process/ Systems
• Preparing & posting Consolidation, Elimination & Tax entries
• Preparing & submitting of Monthly ,Quarterly, Yearlty Forms within the Head Office governed deadline.
• Ensure 4 eye principle is carried out across all critical deliverables and processes
• Ensure Process check list / controls is followed diligently.
• Recognising control weakness and driving through the appropriate changes
• Responsible for regulatory reporting.
• Follow up with BAC
• Provide timely update to line manager on the list of issues if any (system , process)
💡 Quick Summary
Seeking a career-building opportunity? The Financial| Regulatory and Risk Reporting Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.