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Business Management Associate

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Deutsche Bank

Nov 6, 2024

Applications are closed

  • Job
    Full-time
    Senior & Expert Level
  • Business, Operations & Strategy
    Banking & Finance
  • Mumbai

Requirements

  • Strong Business Management Skills & Experience.
  • Good Leader & with having experience of managing large teams.
  • Demonstrated strategic thinking - an ability to take a long-term view on shaping the departments strategic vision in a way that is consistent with the function and the Banks broader strategic agenda.
  • Proven ability to execute - a capable of ensuring projects and tasks are completed in-line with the strategic agenda.
  • Exemplary stakeholder management skills - a track record of influencing and managing senior stakeholders both within and outside the finance department.
  • The ideal candidate must be able to build collaborative partnerships with peers and key stakeholders, able to provide sound advice but also demonstrate the ability to challenge when required.
  • Independent in judgement, strongly self-motivated and have the ability to challenge and be challenged whilst maintaining the highest levels of professionalism.
  • Gravitas and presentation skills - as one of the senior faces of the Finance organization, the successful candidate must be able to present in a highly polished manner.
  • Multi-tasker under pressure - an ability to work on multiple, high profile important topics concurrently without losing sight of the bigger strategic objectives.
  • Financially literate - an ability to understand, interpret and act on financial data and translate this information into easy-to-understand messages.
  • An excellent team worker with exceptional leadership capabilities who is people focused and supports Diversity.
  • Additionally, it would be preferable if the candidate had: Familiarity with the finance operating model.

Responsibilities

  • Implement the strategy for the infrastructure function regionally/globally.
  • A main voice in communicating the department’s strategy to the rest of the bank regionally.
  • Closely working with the regional Infrastructure leads & global COO in the implementation of the strategy.
  • Drives and coordinates all workforce related processes including hiring, recruiting, compensation and restructuring.
  • Supports talent management in the function including talent acquisition, retention, training, performance management processes and diversity.
  • Designs and implements the function's location and future of work strategy and target operating model.
  • Working with the regional leads to provide accurate monthly cost and workforce forecasts.
  • Responsible for allocating cost and headcount plans across the various areas of the finance function and driving the department towards its cost and workforce targets.
  • Where necessary, develop and execute actions to correct any divergence to plan.
  • Support and manage DBCM allocation keys and key interface to explain the allocation of finance charges.
  • Ensure timely billing and over / under recovery of revenues.
  • Ensuring required agreements are in place that justify the billing of services rendered.
  • A key spokesperson for the function in managing and communicating with our staff.
  • Working with our HR partners to drive the overall people agenda for the overall department.
  • Responsible for recruiting and managing our annual graduate recruitment, mentoring and intern classes.
  • Works with the regional leads and the respective leadership team members in their communication needs.
  • Defines, implements and oversees policies and key operating procedures for the function.
  • Ensures the function adheres to the bank wide policies, T&E processing, dB Buyer approvals, Information Barrier Group oversight, MTA, compliance mandatory training and the red flag process.

FAQs

What is the job title for this position?

The job title for this position is Business Management Associate.

What location is this position based in?

This position is based in Mumbai, India.

Is this role open to external candidates?

No, this position is internal only and is open to existing employees of Deutsche Bank.

What are the key responsibilities of the Business Management Associate?

The key responsibilities include strategic execution, workforce and occupancy planning, divisional financial planning and forecasting, driver-based cost management, people management and communications, and ensuring controls are implemented and adhered to.

What skills and experience are required for this position?

Required skills include strong business management experience, demonstrated strategic thinking, proven ability to execute, exemplary stakeholder management skills, financial literacy, and exceptional leadership capabilities.

Are there any specific benefits offered with this position?

Yes, there are several benefits including a best-in-class leave policy, gender-neutral parental leave, reimbursement under childcare assistance, sponsorship for industry-relevant certifications, comprehensive hospitalization insurance, and an employee assistance program.

Will I receive training and development support in this role?

Yes, you will receive training and development to help you excel in your career, along with coaching and support from experts in your team.

What is the culture like at Deutsche Bank?

The culture at Deutsche Bank emphasizes being empowered to excel together, acting responsibly, thinking commercially, taking initiative, and working collaboratively.

Is there a focus on diversity and inclusion within the role?

Yes, this position supports diversity and promotes a fair and inclusive work environment.

What kind of financial knowledge is expected from candidates?

Candidates are expected to be financially literate, with the ability to understand, interpret, and act on financial data, as well as translate this information into easy-to-understand messages.

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Deutsche Bank

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.