AVP-Financial Control with Deutsche Bank recruitment
Corporate Title:
Assistant-Vice President,
Reporting to:
VP - MICS
Location:
DBOI Mumbai .Working hour: Flexible
Job Summary
This is a Middle Office Finance function for Product and Financial Control within the GBS organization. The candidate will be accountable for the managing and growing the service delivery for daily T+1 reconciliation and monthly financial control .The products covered are Cash Equities, Swaps, Bonds, Options, Futures, CDS and IRS traded out of Europe, US and Asia.
Duties Responsibilities:
• Ensure daily reconciliation production with appropriate resolution and MI for the GM trading business, across NY, Lon and FFT
• Prepare and review monthly balance sheet, with substantiation and potential financial exposure.
• Understanding of the front to back process in a trading environment.
• Responsible for the performance and associated risks for all activities performed within the service delivery group ensuring at a minimum all SLAs are met.
• Lead, motivate and manage a team of app 20+ people. Responsible for recruitment, training and development, talent management, staff performance reviews and compensations.
• Foster an environment that understands and effectively manage risk, abides by risk and control guidelines
• Ensure the group is fully engaged in the Operational Risk and Performance Management framework enabling the identification, quantification, reporting, prioritization and resolution of risk and/or sub-optimal performance. Take full accountability for addressing risk and/or sub-optimal performance within the remit
• Partner with the change team and onshore stakeholders to deliver an optimum operating environment through the adoption of best practice, kaizen and lean methodologies.
• Responsible for implementing and managing an effective business resilience model
• Ensure the integrity of the operating environment meets audit or regulatory standards.
• Champion the “extend-team” model, celebrate successes and lead from the front and tackle issues head on.
Experience / Requirements:
Essential:
• 8 + years Financial Control experience in Investment Banking, preferably equities.
• Strong understanding of financial market products such as Credit Derivatives, Cash Equity, Swaps, Options and Futures.
• Overseas experience would be a plus.
• Ambitious individuals, looking for a challenging role to build an organization of the coming year..
• Adaptable and culturally aware. Experience of working in a global environment preferable.
• Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
• Strong knowledge / experience of Derivatives Products.
• Experience of operating at a senior level with decision making capabilities, including management of large teams and / or projects.
• Proven ability to, own and develop successful relationships with front office and/or external clients
• Strong communication and people management skills
• Strong team player with integrity
• Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.
• Excellent command of the English language
• Proficient in Microsoft Office applications, strong Word and Excel skills required
• Prepared to travel
Qualifications:
Preferably qualified Chartered Accountant or MBA.
What will the employee gain from this role:
This is an excellent opportunity for a high performer to join the newly formed Global Business Financial Services team based in Mumbai India.