Financial & Regulatory Reporting, Corporate Bank

Job Title: Financial & Regulatory Reporting, Corporate Bank

Corporate Title: AVP

Location: Mumbai, India

Overview of Corporate Bank:

• Deutsche Bank’s Corporate Bank (CB) is a market leader in Cash Management, Trade Finance & Lending, Securities Services and Trust & Agency Services.
• Focusing on the treasurers and finance departments of corporate and commercial clients and financial institutions across the globe, our universal expertise and global network allows us to offer truly integrated and effective solutions.

Role Description

• The team is responsible for various senior management reporting/presentations involving meaningful cost / resource analysis supported with observations/commentaries on a weekly, monthly, and quarterly basis.
• The role involves providing cost related MIS and advanced analytics of Corporate Bank (CB) businesses, partner with onshore team and business managers/COOs for analytics, cost tracking and control. It also includes supporting the business and enhance total shareholder return by effective cost control measures. Position entails decision support, management reporting, planning & forecasting for businesses within CB, working on cost related analytics, allocations, restatements, deep dives, and support for the CB Business Management community on a day-to-day basis.
• In summary role comprises of consolidation of CB Cost Financials and supporting related business for key cost deliveries.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• 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

Your key responsibilities

• Dedicated business unit support for flash and forecast processes and preparation of business review documents.
• Develop and maintain cost analytics tools and generate cost reports for CB, both routine and ad hoc requests.
• Coordination of cost restatement process for CB and support business by preparing restatement files, restatement tracker, processing of restatements etc.
• Identification of cost improvement opportunities by reviewing Infrastructure provider (DBCM) service bills, set up of cost packs, engagement with cost providers and business stakeholder.      
• Prepare monthly review of all allocated cost identifying outliers, trends and errors and help in optimize CB-related Inter-Intra-Business allocations.
• Facilitate cost center management by helping in reviewing, cancelling, and setting up (new) cost centers
• Identify, highlight, and consolidate one-off effects / outliers during CB's monthly cost close process.
• Work closely with key stakeholders to create analysis that add value and identify or explore cost saving areas
• Continuously develop and apply technical knowledge on costs - P&L as applicable
• Work with other analysts across the team to understand different business drivers
• Support business manager for cost related queries across regions and sub business units

Your skills and experience

• CA/MBA in Finance with 8+ years of experience
• Excellent communication skills and initiative to engage with other teams/team members and Senior Management (Onshore/Offshore)
• Understanding of financials (P&L, Balance sheet & key metrics) needed for management reporting & analytics.
• Demonstrable problem-solving ability: organized with an ability to manage multiple issues in tight deadlines
• Working with multiple data sources and having confidence in figures and presentation
• Experience of compiling management reports in a global, complex environment upholding accuracy and timelines
• Proficiency in Microsoft Office applications (Excel, PowerPoint, Word) and ability to learn new internal applications as and when needed.
• Very strong analytical skill and ability to think laterally.
• Eye for detail as the candidate will be supporting Corporate Bank’s senior management / Corporate Bank’s leadership team
• Knowledge of VBA/Macros will be an advantage (not mandatory)
• Experience in project management, who is highly organized and extremely accurate.
• Knowledge of Tableau, BCS/GGL, SAP BW & SAP R/3 is a plus.
• Ability to work under pressure and multi-task with strong attention to detail.
• Fluent in written and spoken English. German language skills are helpful but not mandatory.

How we’ll support you

• Training and development to help you excel in your career.
• 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

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.