It is crucial for the bank to understand how profitable each businesses activity is and Finance has a responsibility to understand precisely the resource commitment the bank makes to any given client or transaction e.g. cost, capital, funding, liquidity and risk. Finance is playing a central role in keeping the bank focused on simplification and financial resource management.
With our diverse teams in 47 countries, we offer a broad portfolio of capabilities. Our key functions range from Group Finance, Treasury, Planning and Performance Management, and Investor Relations to enabling functions such as Finance Change and Administration. These teams make sure we cover all Finance specific aspects for our internal and external stakeholders such as shareholder, employees, clients and regulators. Together, it is the role of Finance to oversee all financial details for Deutsche Bank globally.
Sound financial principles are at the core of everything we do. That’s why Finance is vital to the way we run our business. In a global marketplace that’s constantly evolving, being adaptable, decisive and accurate is critical.
Join us and you’ll be able to make a real difference in a dynamic global team with multiple career opportunities.
We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
Global Business Finance
The Business Finance function is responsible for the production of business-level market risk exposures, revenue attribution, client valuations, and transaction-based accounting and financial disclosures.
It ensures, on a daily basis, the accurate and timely reporting of market risk exposures and 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.
Financial Control & Analysis
Financial Control & Analysis is responsible for providing daily, accurate and independently validated reporting of Global Market financials, while maximizing sustainable performance. The Financial Control & Analysis manager plays a critical part in developing and implementing the strategy to mitigate the financial risk caused by control issues across the GL close process (monthly and daily). The role encompasses Product and Business level alignment.
General Responsibilities Financial Control & Analysis Team:
Ensure that product and business level revenue and balance sheet postings to the general ledger are accurate and reconciled to front office balances
Produce and submit Business level internal and external financial disclosures
Partner with Revenue Control teams to ensure that the new trades are booked and accounted for correctly in the Financial Accounts
Ensure that all bespoke trades are accurately recorded on the Financial Accounts
Responsible for ensuring the profit center level MAFA, FOBO, HGB vs. IFRS and the CRES vs. Financial reconciliations are performed
Reconcile Front Office FX exposure to the General Ledger and facilitate sale of material CCY balances
Partnering with the Revenue Control team to ensure that all adjustments to the financials are reviewed, reconciled, aged and understood
Required Skills and Experience:
CPA / Bachelor’s degree in Accounting or Finance, or equivalent experience
Preferable top 10 Audit firm experience (Due to large company audit exposure)
Industry, Product, Application & Process Knowledge
Relevant experience in Financial Services / Product or Financial Control
Experience of working in an environment with a complex system architecture
Experience of using Excel is a requirement (i.e. v-lookups, pivot tables, etc.)
Internal Number: 3169213
About Deutsche Bank
A universal bank with a global impact
Deutsche Bank operates worldwide, and your experience and skills can make a real difference in any area of our diverse business. Challenging and stimulating, our working environment also balances a commitment to your professional development with a flexible approach to your work and lifestyle priorities.