Finance Manager/Product Controller – Commercial Real Estate – VP recruitment
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Named the "Best Global Investment Bank“ in Euromoney Magazine’s annual Awards for Excellence, Deutsche Bank is a leader in Germany and Europe and is continuously growing in North America, Asia and key emerging markets.
Finance
Group Finance is vital to the way we run our business. The global marketplace is constantly evolving, and being adaptable, deliberate and precise in action is critical to safeguarding shareholder value. With sound financial principles at the core of everything we offer, Group Finance oversees all financial details of Deutsche Bank, globally.
Our People
Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures. They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.
Role Description
The role sits in the Financial Director / Manager (FDM) function within the Finance organisation of Deutsche Bank supporting the CRE business. This role requires close cooperation with the GBS and Finance Analytic teams and will require liaison with specific stakeholders (business, tax, treasury, compliance, accounting policy). The FDM role will provide coverage for the following business lines within CRE: Loan Origination, Securitization and Syndication, Secondary and Derivative trading, Distressed Debt and Foreclosures and Financing.
The role is responsible for:
• Performing the validation and control (VC) of the daily PL and Risk for each business line. Ownership of the daily, weekly, monthly and quarterly commentary including variance analysis for the business, management reporting and Legal Entity Controlling (LEC).
• Performing VC on Balance Sheet and Risk Weighted Assets (RWA). Understanding and commenting on the factors driving changes.
• Performing the VC on the monthly and quarterly financial disclosures to head office including global loan exposures and IFRS7/FAS157 submission.
• Managing ad hoc requests from internal and external auditors or regulatory bodies such as the BAFIN, FED or SEC and working with the Analytics function to provide the detailed analysis required.
• Trade reviews ensuring correct accounting treatment under IFRS (DB’s reporting GAAP) and US GAAP (local entity reporting).
• Quarterly management reports detailing current market trends, significant PL events and Balance Sheet changes and new business or transactions.
• Co-ordination of New Product Approvals and Legal Entity administration.
Candidate
The candidate will be required to have the following attributes:
• 8-10 years experience in product control environment. University Degree and Qualified accountant (CPA or equivalent).
• Knowledge of Commercial Real Estate products.
• Good understanding of accounting rules (IFRS / US GAAP) and regulatory capital rules would be an advantage.
• Demonstrate strong analytical skills.
• Good IT skills including Microsoft Office products.
• Clear communicator and able to self-motivate. Able to prioritise and work under pressure to tight deadlines.
At Deutsche Bank, we are proud to be an Equal Opportunity/ Affirmative Action (M/F/D/V) employer.
For more information and to apply, please visit our website at db.com/careers