Private Banking Business Finance Lead – Global

Job Title: Private Banking Business Finance Lead – Global

Corporate Title: Vice President

Location: Mumbai, India

Role Description

• This is a team lead role within the PB Business Finance team based out of DIPL Mumbai and will be reporting to Director in Mumbai Finance and PB Business Finance Lead in Germany.

• The core responsibility of the incumbent will be to manage Business Finance functions for PB businesses in across regions / Global Location, including oversight on financial controls, revenue flash, month-end close and support to new business initiatives.

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

• Revenue Flash - working with system data available and information from Business COOs, Treasury & Regional Finance colleagues to estimate accurate revenue numbers - this is a critical activity from a business perspective, in the absence of daily P&L reporting for PB businesses.

• Financial Control for Global PB Business Finance - ensuring ledger close managed within tight timelines for all the PB businesses supported. Ensuring regular control and monitoring for Revenue Actuals vs Flash, Balance Sheet substantiation, Cost/TP accrual, Disclosures etc.

• Working with Regional / Country finance, Operations, Finance Risk/CRDU and Accounting Close teams in monitoring and managing accounting, regulatory and risk reporting related topics

• New business initiatives: Understanding business requirements, regular partnership with Product Management, Technology, other CFO and Change teams to help with rollout of new business initiatives and platforms.

• Manage 15 members team which involves coaching, guiding, and career development for a mix of senior and junior finance team members. Encourage and foster innovation and adoption of automation tools with a focus on efficiency and value add to the process.

Your skills and experience

• Qualified Finance professional with CA or MBA in Finance; with minimum 10 years work experience in a bank or financial institution in Finance functions

• Good understanding of the global financial services industry and specifically of transaction banking

• Very strong problem solving, analytical & commercial acumen required to support the business

• Demonstrate Initiative and ability to successfully navigate a global financial institution

• High level of motivation and energy; adherence to highest quality standards; ability to multi-task and work independently

• Strong communication and interpersonal skills

• Good understanding relevant DB systems required for the role or ability to pick up / utilize where not already there.

• Strong technical skill and ability to work with Financial data, applications data and MS Excel.

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.