New York, New York

Position Overview

Job Title FIC Business Finance Specialist

Corporate Title Assistant Vice President

Location New York, NY

Overview

The role is the Business Finance specialist for the CRE US Desk, under Fixed Income & Currencies Financing umbrella. Business Finance encompasses product control (financial and revenue control) and finance management. You would be responsible for overseeing the full front to back of the financials, from daily revenue reporting and validating traders P&L to being responsible for business aligned Financial Planning & Analysis, Financial Resource Management, and Accounting Close. You would report to CRE US Business Finance manager.

The CRE US Business Finance team is 15 people strong, with 5 people in NY and 10 in Mumbai. You will co-ordinate with London partners to ensure optimization of processes and consistency across the regions and have a close partnership with the Mumbai Daily P&L team and Accounting Close team to ensure material accuracy of the financials and daily P&L.

What We Offer You
  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift and volunteer programs


What You'll Do
  • Oversight of daily Risk and P&L and working with Mumbai Business Finance team to facilitate resolution issues
  • Oversight of month end close and control environment and facilitate resolution of issues with appropriate teams
  • Produce commentary and analyze business performance on a monthly, quarterly, and annual basis. This will include business, region, and entity level analysis covering revenues, costs, and financial resources such as Risk Weighted Assets (RWA) and Leverage (CRD4)
  • Monthly validation and analysis of the general ledger to MIS reported P&L, Capital & Balance sheet utilization via the various control forums, with particular focus on impact of upcoming regulatory pressures
  • Quarterly control environment certification, complex disclosures preparation and regulatory reviews (Trading Book/Banking book)
  • Regular interaction with all areas of the Bank including front office, risk functions, valuation group, and treasury


Skills You'll Need
  • Bachelor's degree in Accounting, Economics, Finance, or related field equivalent
  • Relevant experience working in a finance/ accounting environment, product control, financial control role, preferably for structured products within a financial services institution
  • Loans, bonds, credit, and interest rate derivatives product control knowledge would be an asset
  • Familiarity with performing general ledger account balance reconciliation and applying USGAAP / IFRS accounting rule would be considered an asset


Skills That Will Help You Excel
  • Have strong interpersonal skills and ability to communicate clearly and manage relationships with stakeholders across the Bank (i.e. Front Office, Market Risk Management, Valuation Group, Accounting Policy Group, etc.)
  • Demonstrate a strong control mindset and ability to influence virtual teams in other locations
  • Strong excel skills /organizational skills / proactive / problem solving


Expectations

It is the Bank's expectation that employees hired into this role will work in the New York, NY 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.

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 remuneration

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

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

Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life

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

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.