Job Title: Private Banking (PB) Business Finance Lead – Global

Location: Mumbai, India

Corporate Title: VP

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.