Treasury Finance - Trading Risk & P&L Production Specialist- VP
Deutsche Bank
Job Description:
Job Title: Treasury Finance - Trading Risk & P&L Production Specialist-VP Location: Manila
Corporate Title: Vice President
Treasury and Business Finance (TBF) owns the Treasury and Investment Banking Finance controls and provides insights on Treasury and Business performance. TBF is a control function with a critical role of ensuring integrity, completeness, and accuracy of the Bank’s financial books and records. The group performs the Product Control function, which entails providing transparent and accurate valuation and appropriate regulatory control to avoid reputational damage to the Bank. In Deutsche Bank, this control function leverages on a multi-skilled team with capabilities to understand the financial impact of trades from the analysis of Risks and Profit and Loss up to the substantiation of the Balance Sheets, and interacts with a diverse set of stakeholders.
The VP for Treasury Finance is a senior level position responsible for leading a team of Revenue Controllers and Financial Controllers. The role provides oversight and guidance to the Revenue Control and Financial Control team to ensure that the trading books within their control have reported Profit and Loss (P&Ls) accurately and completely on a timely basis. The role is responsible for the key controls that support the daily Risk and Profit and Loss production process, and ensures that all relevant risk and financial measures are reported accurately. The role also provides oversight and guidance to the Financial Control team to ensure the financial statements (P&L, Balance Sheet, Disclosures), for the Business that they control, are complete, accurate and timely. The role works closely with its business and infrastructure partners to ensure strategic initiatives and regulatory requests are prioritized appropriately and that individual teams are operating in the most efficient manner.
What we’ll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.
What we’ll offer you
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
Your key responsibilities
- Provide leadership to the Treasury Finance APAC team to ensure all relevant responsibilities are being executed appropriately and in line with the Bank’s strategic vision.
- Assume overall responsibility for ensuring the control environment is functioning appropriately through assessment of all relevant factors, including location strategy, effective resource management and task prioritization
- Set the strategic direction of the team through engagement at a senior level across the Bank
- Evaluate and resolve complex issues and select the best action by weighing various alternatives and balancing potentially conflicting needs
- Build high performing teams, and support the development of staff
Your skills and experience
- Bachelor’s degree in Accountancy, Finance, or its Business-related equivalents with Accounting courses
- Extensive experience working in the Banking, Investment or Financial Services industry, with relevant experience in a Product Control or Valuations role
- Knowledge of a range of financial products and markets including vanilla and exotic derivatives, bonds, repos, foreign exchange (FX), exchange traded fund (ETF) futures and options, and equity futures
- A proven track record of working with deadlines in an accurate manner and the ability to clearly present results of work is required.
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
About us and our teams
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
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.