New York, New York

Position Overview

Job Title: Finance Product Controller - Fixed Income

Corporate Title: Assistant Vice President

Location: New York, NY

Overview

As a FINREG specialist on our Core Rates Business Finance team, you will be responsible for the daily management reporting of p/l as well as month end ledger financials. Supporting a dynamic & varied trading desk who operate in both the origination & market making sectors, you will primarily partner with stakeholders within Finance in New York & Mumbai as well as across a variety of internal functions including Front Office, Market Risk & Credit Risk. You'll be an integral part of the Bank's Finance function and help pioneer the single Business Finance model that ensures front to back responsibility within one function and in a role with proven opportunities for career growth. You will help review prospective trading activity in conjunction with the Front Office to ensure compliance with local accounting and regulatory rules as well as reviewing appropriateness of current processes and controls for complex transactions.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement savings plans, parental leave, and other family-friendly programs
  • An environment that encourages networking and collaboration across functions and businesses
  • Active engagement with the local community through Deutsche Bank's specialized employee groups


Return to Office:

At this time, all individuals present in the location must be fully vaccinated for Covid-19
  • It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model
  • Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion


Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:
  • Ensure accuracy of business financials using validation and control (V&C) methodologies of the desk's profits and losses, V&C of the month-end reporting process, and review of key controls
  • Provide strategic financial analysis to support business decision making and value-chain analysis. Provide validation and control of the daily profits and losses, monthly financial reporting, and quarterly disclosures reporting
  • Contribute to monthly V&C of the Balance Sheet and Risk Weighted Assets (RWA), Capital Requirements Directive IV and funding costs
  • Support Op-Risk assessments, SOX business recertification, V&C of SSOI reporting/queries
  • Ensure adoption, implementation and compliance with local and international accounting standards including IFRS (IFRS9, IFRS12, IFRS13), US GAAP (FAS157, ASU 2016-01) and HGB
  • Review prospective deals to ensure required infrastructure (SAP, Calico, Bloomberg), processes (Daily & Month end reporting, Regulatory Submissions) and controls to support accounting (IFRS, US Generally Accepted Accounting Principles (GAAP) & HGB) and regulatory (RWA and Leverage under European and US rules) treatment


Your Skills and Experience:
  • Extensive experience in the Investment Banking Sector, particularly in Residential Mortgage-Backed Security (RMBS), Municipal Securities or Exotic Derivatives
  • Relevant experience in running daily Profit & Loss and/or Month End processes
  • Bachelor's degree in Accounting, Finance or similar
  • Strong understanding of accounting standards and regulatory rules under either US or EU guidance
  • Well-rounded communication skills with focus on presenting to a senior audience


Expectations

The salary range for this position in New York City is $85,000 to $140,000.Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration

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Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

New York, New York

Our vision

We aspire to be the leading client-centric global universal bank

We serve shareholders best by putting our clients first and by building a global network of balanced businesses underpinned by strong capital and liquidity.

We value our German roots and remain dedicated to our global presence.

We commit to a culture that aligns risks and rewards, attracts and develops talented individuals, fosters teamwork and partnership and is sensitive to the society in which we operate.

Our values and beliefs

Integrity

  • We live by the highest standards of integrity in everything we say and do
  • We will do what is right – not just what is allowed
  • We communicate openly; we invite, provide and respect challenging views

Sustainable Performance

  • We drive value for shareholders by putting long-term success over short-term gain
  • We encourage entrepreneurial spirit which responsibly balances risk and returns
  • We pursue lasting performance by developing, nurturing and investing in the best talent and by managing based on merit

Client Centricity

  • We earn our clients’ trust by placing them at the core of our organization
  • We deliver true value by understanding and serving our clients’ needs best
  • We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

Innovation

  • We foster innovation by valuing intellectual curiosity in our people
  • We enable our clients’ success by constantly seeking suitable solutions to their problems
  • We continuously improve our processes and platforms by embracing new and better ways of doing things

Discipline

  • We protect the firm’s resources by always thinking and acting like owners
  • We live by the rules and hold ourselves accountable to deliver on our promises – no excuses
  • We achieve operational excellence by striving to ‘get it right the first time’

Partnership

  • We build diverse teams to generate better ideas and reach more balanced decisions
  • We put the common goals of the firm before ‘silo’ loyalty by trusting, respecting and working with each other
  • We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society

Our brand

Deutsche is clear: we are here to perform – in business and beyond. We do this with a unique mix of passion and precision. This measured approach gives us the confidence to enable agile minds to look beyond the obvious, gaining advantage for everyone we work with.