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Financial Control Specialist

1 month ago


Mumbai, Maharashtra, India 9608 Deutsche India Private Limited, Mumbai Branch Full time

About the Role

The Business Finance function at 9608 Deutsche India Private Limited, Mumbai Branch is responsible for producing business-level revenue attribution, financial accounting, and financial disclosures. This team ensures the accurate and timely reporting of Profit and Loss (PnL) for each business unit and understands the drivers behind risk positions and PnL. They also ensure that all transactions and positions are correctly reflected in the Bank's accounting records and disclosures, in accordance with relevant accounting standards.

Your Key Responsibilities

  • Produce accurate and timely daily T+1 P&L production, attribution, and analysis.
  • Provide daily commentary and variance investigation to Front Office traders and senior Finance managers.
  • Investigate and resolve break issues and model risk control exceptions.
  • Ensure compliance with risk and control guidelines.
  • Manage stakeholders by responding promptly to queries and issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.
  • Understand trade flows, booking structures, and ensure that trades are captured in accordance with defined structures for accurate funding cost allocation through Funds transfer pricing.

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, including Bonds, CDS, TRS, IRS, and 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, prioritize responsibilities, and escalate issues as necessary.
  • Proficient in Microsoft Office applications, with strong Word and Excel skills required.
  • Exposure to multiple front office systems.

How We Will Support You

  • Training and development to help you excel in your career.
  • Flexible working arrangements to assist you in balancing your personal priorities.
  • 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.