Group Technology & Operations – Business Control Lead Accountant (Up to AVP level) recruitment
About Deutsche Bank
A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Group Technology Operations overview
The strength of technology and operations is present in everything we achieve. Delivering tailored information technology and seamless transaction solutions is essential to Deutsche Bank's global resilience. Pioneering technologies and reengineering processes, we combine exceptional levels of innovation with world-class client service.
Our division designs and develops the systems, software and solutions that make millisecond transaction times cost-effective and reliable. Every second, we face the technological and logistical challenges implicit in growth, market change and constant competition.
Role Description – Summary
Business Control forms the overarching, end-to-end control of the Financial Services functions including Risk and PL Production, Transaction Accounting and month-end close processes. Business Control roles play a critical part in developing and implementing the strategy to mitigate the financial risk caused by control issues across these functions for a given business.
Business Control roles have the following characteristics:
• Responsible for the key controls that support the daily P(L) and risk production processes and the related closure of the firm’s books at each month end.
• Provides oversight and management of balance sheet substantiation at a secondary account ownership level.
• Establish and implement procedures to monitor, measure and improve product performance against SLAs, KPIs and KRIs, regularly measuring or receiving output of measurements to demonstrate areas of concern and compliance with standards.
• Partners with strategic CTB projects and initiatives whether these are regulatory or business driven, consistently reviewing the environmental design and operational effectiveness
• Work closely with operational control function to continue to strengthen operational controls globally across GBS. Establish and implement KPIs and KRIs across the front to back trade lifecycle in order to ensure that all control gaps are either eliminated or monitored.
• Acts as a point of contact and escalation for engagements with the wider Finance community, taking part in key Finance interactions and leveraging the QA and Validation Control framework to minimise duplication of effort and maximise efficiencies.
Responsibilities
• Responsible for performing and/or managing the daily deliverables
• Reviews and monitors MIS of reconciliation breaks in amount and ageing to ensure all material breaks have been captured in the Financials
• Reviews MAFA breaks and monitors resolution to meet ME targets
• Performs QA of periodic recs, journals and MRP substantiation and regularly assesses the effectiveness of the checks
• First level of escalation for team issues and for stakeholder escalation
• Engages with CTB/SME in order to deliver change
• Deals with items escalated by team members, fixing where possible or escalating to supervisor
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
Requirements
• Degree level /or relevant practical experience
• At least 4 years of relevant experience in Product Control or related space
• Business or mathematical based degree with professional accounting qualification
• Excellent understanding of FTB process and control environment
• Good cultural awareness and able to manage stakeholders across locations
• Excellent communication skills, fluent in English (written/verbal)
• Excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Flexibility regarding problem solving
• Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering
About the Rewards you can expect
Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
See more at db.com/careers