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Deutsche Bank

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3.9

based on 3.2k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

Top Rated Banking Company - 2024

435 Deutsche Bank Jobs

FINREG Associate

DEUTSCHE BANK AG

3.9

based on 3.2k Reviews

5-7 years

₹ 12 - 26.5L/yr (AmbitionBox estimate)

Mumbai

FINREG Associate

Deutsche Bank

posted 3d ago

Job Role Insights

Flexible timing

Key skills for the job

SAP CO Finance Accounting Biochemistry SME CSR

+ 15 more

Job Description

About The Role ::
In Scope of Position based Promotions (INTERNAL only) Job Title Finreg AssociateLocation Mumbai, India Role DescriptionWithin Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined. As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS on the basis of sound business/ product understanding along with strong accounting & system knowhow.What we'll offer youAs part of our flexible scheme, here are just some of the benefits that youll 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
Market Conformity Check exceptions resolution
Balance sheet substantiation, i.e. obtaining requisite supports for GL accounts in line with MRP policy; FX Balance review
Production of various MIS reports for the above businesses within agreed timelines
Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
Performs QA function for processes within his/her 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
Process standardization across business
Provides summary of KRI's for their business area and remediation plans where SLA's are being missed and/or where issues exist
Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
Interaction with global stakeholders & auditors.

Your skills and experience
An experience of 5-7 years in the core accounting function of an organisation would be an advantage.
Strong understanding of financial market products such as Loans, Equities & OTC.
Adaptable and culturally aware. Experience of working in a global environment preferable.
Ensure team work culture is practiced.
Ability to learn quickly.
Ability to communicate effectively (oral & written) & strong interpersonal skills.
Strong analytical and quantitative skills.
Well organized & able to clearly present results of work.
Essentials Competent use of MS-Office specifically Excel and Access.
Working with multiple data sources and having confidence in figures and presentation.
Accuracy-driven and able to self review reports and other deliverables effectively.
Be comfortable & willing to drive process improvement.
Be able to constructively challenge.
Be inquisitive.
Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.
Should be diligent, thorough, shows initiative and is proactive.
Proven ability to own and develop successful relationships with RPL, Operations and CSR
Excellent team worker, able to work in virtual global teams and in a matrix organization
Open minded, able to share information, transfer knowledge and expertise to team members
Flexibility regarding problem solving.
Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering
Strong interpersonal/good negotiations skills are required, in parts leadership

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

Employment Type: Full Time, Permanent

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Deutsche Bank Interview Questions & Tips

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What people at Deutsche Bank are saying

3.9

Rating based on 332 Associate reviews

Anonymous · DevOps in Pune

Likes

Salary & benefits Work Life Balance Smart colleagues

Dislikes

Low appraisals Long promotion cycles Currently they are in cost saving mode.

Read 332 reviews

Associate salary at Deutsche Bank

reported by 4.8k employees with 2-15 years exp.

₹8.7 L/yr - ₹34 L/yr

161% more than the average Associate Salary in India

View more details

What Deutsche Bank employees are saying about work life

based on 3.2k employees

66%

86%

75%

90%

Flexible timing

Monday to Friday

No travel

Day Shift

View more insights

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Deutsche Bank Mumbai Office Locations

View all

Mumbai (2)

Mumbai Office

Headquarter

Deutsche Bank, Deutsche Bank House, Hazarimal Somani Marg Fort Mumbai
Maharashtra 400001

Mumbai Office

B 1, 5th Floor, Nirlon Knowledge Park, Goregaon East, Mumbai Mumbai
Maharashtra 400063