Business Finance Senior Analyst, AS

Job Title: Business Finance Senior Analyst

Corporate Title: Associate

Location: Mumbai, India

Role Description

• Role is for Business Finance function for Fixed Income Credit product suit. Responsibility includes 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.
• Monthly close the ledger accurately and timely for the product’s Balance sheet and Income statement.

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

• 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
• 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.
• Taking appropriate journals as per the accounting standards IFRS/US GAAP while observing all the controls.
• Independently investigate the control breaks, such as MA vs FA, Cash and Position FO vs BO, Balance sheet substantiation.
• Support audit queries promptly
• 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.

Your skills and experience

• Financial Control and product control experience in Investment Banking in Credit products.
• Extremely essential to have Fixed Income product knowledge i.e. Bonds, CDS, TRS, IRS & Loans along with F&O.
• 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. Proficiency in AI tools would be preferred.
• Exposure to multiple front office systems.

Education

• Preferably qualified MBA/Chartered Accountant / CPA / ACCA / CIMA / CFA.

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.html

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.