Analyst - Business FInance

Deutsche Bank is hiring an Analyst - Business FInance in Mumbai, India. Level rates it ; you can apply on Deutsche Bank.

Level's read on this job

On Level's scale, this finance role is Little AI ●○○○: aI is not part of the work.
The posting mentions AI automation among its tools and skills.
Level classes it as a mid-level role.
Deutsche Bank has 1,100+ other open roles on Level.
Posted in the last few days.

AI in this role

ai-automation

Job Description:

Job Title- Business Finance Senior Analyst, AYST

Location- Mumbai, India

Role Description

The senior Analyst will support end-to-end business finance control for Securitised Products trading business with primary focus on Mortgage-Backed Securities (MBS), Collateralised Mortgage Obligations (CMOs).
The role ensures accurate, timely and well controlled daily P&L, balance sheet substantiation, independent price verification and reconciliation of front-office to general ledger. This role is based out in DIPL Mumbai and will be reporting to AVP / VP Business Finance Lead.
As a Business Finance personnel, the core responsibilities are to ensure accurate reporting of Periodic P&L, Risk and Balance Sheet based on sound business / product understanding along with strong accounting & system knowhow.

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

Prepare, review and explain daily P&L for Securitised Products – MBS, CMO, CMBS including attribution to market moves, prepayment behaviour, carry, new issue activity and trading positions
Providing daily commentary and FVA variance investigation to Front Office traders and senior Finance managers
Break investigation and resolution: Model vs Actual (Ledger) Cash, FO vs MO system Substantiate Balance-Sheet accounts, reconcile inventory and trade populations, and ensure completeness in line with MRP policy
Analyse mortgage-specific drivers including prepayment speeds, CPR, PSA, TBA Exposure and Spec Pool valuation that impacts P&L nos.
Supports month-end close, including accounting to economic P&L reconciliation, journal review, certification support including understanding of accounting principles.
Partners with Trading, Risk, Operations, Treasury, Technology and Finance stakeholders to resolve data, booking, valuation and settlement issues.
Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change
Responsible for ensuring that Standard Operating Procedures are adhered to and updated for effectiveness on a timely basis

Your skills and experience

Qualified Finance professional - CA or MBA in Finance or any related discipline.
Typically, 4-7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance within Investment Bank
Strong knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO; and Bonds in general OTC, Loans and Listed Derivatives
Experience with daily P&L production, P&L attribution, IPV, reserves/valuation adjustments, reconciliations and month-end close.
Familiarity with GAAP/IFRS accounting concepts, fair-value measurement and internal controls over financial reporting
Ability to identify opportunities to work with and apply AI, machine learning and intelligent automation to Product Control workflows, including P&L production, reconciliation, variance analysis, valuation review and exception management.

Core Competencies:

Attention to details and strong control mindset
Proactive issue identification and escalation
Intellectual curiosity and product expertise
Strong interpersonal skills and ability to communicate effectively across global teams
Well organized & able to clearly present results of work.
Commitment to process improvement and automation
Keeps pace with technological innovations and market driven initiatives

Education / Certification

MBA (finance) or CA / ICWA / CFA.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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.

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.

How we rate this

Analyst - Business FInance at Deutsche Bank rates 24 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.