Verified Job
Accounting - Finance
Financial Regulatory and Risk Reporting Associate
Accounting - Finance
#337053
Remote / WFH
Job Description
Job Title: Analyst
Location: Mumbai
Role Description
Accounting Control is a function within Financial Control and as such part of the Business Finance organization. The primary responsibility for a financial controller is to ensure correctness of Balance Sheet and P&L for their business areas (including formal sign-off in SAP). This includes but is not limited to substantiation as well as reconciliation of the Financials, ownership and control over the front-to-end month-end production cycle. Above all it is their core duty to create full transparency around every aspect of the Financials of the bank. In their Accounting Control function, they are the SMEs cross business and cross function (up-stream) assisting other control functions resolving issues as well as continuously improving their processes.
What we will 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)
Flexible working arrangements
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
Responsibilities / Tasks
Work as an Independent contributor or manage below functions:
Balance sheet and P&L review/commentary of CIB Finance covering Emerging Markets Debt Business – products including Credit, Interest Rate and Structured products.
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
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 SLA's 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.
Experience / Exposure
2+ years Product Control experience in Investment Banking or related industry.
Strong understanding of financial market products such as Credit Derivatives, Interest Rate and exotic credit products
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.
Education / Certification/ Skills
MBA (finance) or CA / ICWA / CFA.
How we will support you
Training and development to help you excel in your career.
Flexible working to assist you balance 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.
About us and our teams-
https://www.db.com/company/company.html
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Location: Mumbai
Role Description
Accounting Control is a function within Financial Control and as such part of the Business Finance organization. The primary responsibility for a financial controller is to ensure correctness of Balance Sheet and P&L for their business areas (including formal sign-off in SAP). This includes but is not limited to substantiation as well as reconciliation of the Financials, ownership and control over the front-to-end month-end production cycle. Above all it is their core duty to create full transparency around every aspect of the Financials of the bank. In their Accounting Control function, they are the SMEs cross business and cross function (up-stream) assisting other control functions resolving issues as well as continuously improving their processes.
What we will 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)
Flexible working arrangements
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
Responsibilities / Tasks
Work as an Independent contributor or manage below functions:
Balance sheet and P&L review/commentary of CIB Finance covering Emerging Markets Debt Business – products including Credit, Interest Rate and Structured products.
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
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 SLA's 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.
Experience / Exposure
2+ years Product Control experience in Investment Banking or related industry.
Strong understanding of financial market products such as Credit Derivatives, Interest Rate and exotic credit products
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.
Education / Certification/ Skills
MBA (finance) or CA / ICWA / CFA.
How we will support you
Training and development to help you excel in your career.
Flexible working to assist you balance 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.
About us and our teams-
https://www.db.com/company/company.html
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
