Product Controller Senior Analyst, AYST

Job Description

In Scope of Position based Promotions.

Job Title- Product Controller Senior Analyst, AYST

Location- Mumbai, India

Role Description

• The Business Finance function is responsible for the 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.                                                          

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
• 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.
• 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.
• Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within teams remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change
• First level of escalation for team issues and for stakeholder escalation
• Manages the resolution of product reconciliation break/exception items in a timely manner
• Monitoring of exceptions including investigation and explanation
• Review of Balance sheet substantiation
• Process standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLAs are being missed and/or where issues exist
• Facilitates CTB initiatives and drives continuous improvement program within their team
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis 

Your skills and experience

• Financial Control and product control experience in Investment Banking
• Strong understanding of financial market products such as Loans, Bonds, Credit, derivatives, Cash Equity, Swaps, Options and Futures.
• Solid Fixed Income product knowledge i.e. Bonds, CDS, TRS, IRS & Loans.
• 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
• Exposure to multiple front office systems.

Education:

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