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Business Finance Analyst

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Deutsche Bank

Jan 16, 2025

Applications are closed

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
    Banking & Finance
  • Mumbai

Requirements

  • Financial Control and product control experience in Investment Banking
  • Strong understanding of financial market products such as Loans, Bonds, Credit, derivatives, Cash Equity, Swaps, Options and Futures.
  • Solid Fixed Income product knowledge i.e. Bonds, CDS, TRS, IRS & Loans.
  • IFRS/GAAP knowledge is preferred
  • Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
  • Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.
  • Proficient in Microsoft Office applications, strong Word and Excel skills required
  • Exposure to multiple front office systems.
  • Preferably qualified MBA/Chartered Accountant / CPA / ACCA / CIMA / CFA.

Responsibilities

  • Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
  • Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
  • Break investigation and resolution: Model vs Actual(Ledger) Cash, FO/MO system vs trade docs etc
  • Model risk control exceptions resolution
  • Ensure compliance to risk and control guidelines.
  • Stakeholder management by prompt response to various queries/issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.
  • Understand trade flows, booking structures and ensure that the trades are captured in accordance with such defined structure which will enable accurate funding cost allocation through Funds transfer pricing.

FAQs

What is the location of the Business Finance Analyst position?

The position is located in Mumbai, India.

Is this position open to external candidates?

No, this position is for internal candidates only (based promotions).

What are the key responsibilities of the Business Finance Analyst?

Key responsibilities include daily T+1 P&L production, providing commentary and variance investigation to Front Office traders, investigating and resolving breaks, ensuring compliance with risk and control guidelines, and understanding trade flows and booking structures.

What qualifications are preferred for this role?

Preferably, candidates should be qualified as MBA/Chartered Accountant / CPA / ACCA / CIMA / CFA.

What types of financial products should candidates have knowledge of?

Candidates should have a strong understanding of financial market products such as Loans, Bonds, Credit, derivatives, Cash Equity, Swaps, Options, and Futures, with solid Fixed Income product knowledge including Bonds, CDS, TRS, IRS & Loans.

Are there any specific skills required for this position?

Yes, candidates should have experience in financial control and product control in Investment Banking, be proficient in Microsoft Office applications, and have exposure to multiple front office systems.

What support will be provided for professional development?

The company offers training and development to help you excel in your career, coaching and support from experts, and a culture of continuous learning.

What benefits are included in the job offer?

Benefits include a best-in-class leave policy, gender-neutral parental leaves, childcare assistance, sponsorship for industry-relevant certifications, comprehensive hospitalization insurance, and an employee assistance program.

Will I be involved in stakeholder management?

Yes, the role involves stakeholder management by responding promptly to various queries and issues from Finance directors, onshore management, Front Office traders, Fincon, and Risk management.

Is knowledge of accounting standards important for this role?

Yes, knowledge of IFRS/GAAP is preferred for this position.

Finance
Industry
10,001+
Employees
1869
Founded Year

Mission & Purpose

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.

Benefits

  • Home office flexible work time

    We support flexible working, whether that’s working from home, flexible working hours or even part-time working. However, it is important to note that opportunities will vary depending on your particular role.

  • Annual leave & more

    Employees are entitled to generous leave allowance (details should be discussed with local recruitment teams). Additionally, paid leave is granted for special events including, wedding/civil partnerships, compassionate leave, paternity leave or when you’re caring for a sick child. On top of the statutory 36 months of parental leave (Germany), Deutsche Bank offers an extra six months of parental leave – providing you have been with us for more than three years.

  • Support & Counselling

    Whether you need professional help or personal advice: Deutsche Bank offers a comprehensive support network ranging from career advice, mental health support, assistance in finding childcare or social care for the elderly.

  • Health insurance

    You can choose between statutory or a range of private health insurance options. Our statutory health insurance ‘Betriebskrankenkasse BKK’ is available exclusively to Deutsche Bank employees and their families. Aside from shorter waiting times for appointments, BKK provides access to expert medical consultations over the phone and regular health checks.

  • Sick pay

    Beyond statutory sick pay, Deutsche Bank will also cover the difference between your net salary and the statutory sickness benefit allowance. The duration of the sick pay will be dependent on the number of years you’ve worked with us.

  • Pension

    We understand that pensions can be a dry topic; however here at Deutsche Bank, we are dedicated to simplifying the complexities, so that all of our people can enjoy their lives beyond work. To provide a great foundation for your future, we provide our people with a comprehensive pension scheme that delivers all the security and all the flexibility you need.