Group Technology & Operations – Business Management Specialist, Consolidation & Reporting – AVP 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.

About Group Technology and Operations
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.

Active in over 50 countries and employing around a fifth of our total staff, Group Technology Operations enfolds three crucial business areas. Technology is responsible for the development, implementation and maintenance of leading-edge software applications. They create the core systems that process trades, assess risk and deliver data. Operations encompasses the people and processes that back up global deal-making. Every day, they make sure that billions of trades are settled, risk is minimized and clients are satisfied. Infrastructure provides global data centers, networks and services that are reliable, cost effective and scalable across all divisions. GTO is a known catalyst for change within our global Bank. We pride ourselves in our creativity, courage, adaptability and strategic vision. Maybe that’s why our unique processes have been recognized by a number of industry awards. Our primary task is to make the Bank efficient and responsive today, while building the foundation to meet the demands of tomorrow.

Department Overview:
GT COO Business Intelligence has the objective to provide GT with trusted information to drive greater efficiency and financial benefit through informed decision support and performance driven management; implementing a standard tool set to enhance automation and resource optimization, as well as to aid the development of the strategic forecast and continuous optimization initiatives in support of the future state leaner operating model and the GT strategy.

Position Overview:
The Business Management Specialist is responsible for articulating the financial impacts of business decisions related to product/ project portfolio changes, supplier sourcing, and pricing negotiations. In addition, the Business Management Specialist is responsible for analyzing the impact of changes to the bill of material and evaluating corresponding changes to manufacturing cost and impacts to the Deutsche Bank forecast. The Business Management Specialist under supervision of the Business Management Manager is responsible for defining, implementing and continuously improving policies, processes and procedures that deliver consistent and reliable products and services to business and customers.

Focus area for this specific role is to develop and maintain regional reporting structures and reports, consolidating business management relevant data for consumption by various stakeholder including senior management.

The Business Management Specialist prepares reports summarizing and forecasting business activities, and provides accurate financial analysis on the regional portfolio. Cooperates with project managers, application owners and department managers within IT units and across other DB units to ensure full financial picture is understood and managed. Accountable for process, service or program; financial analysis; headcount (FTE) analysis; process innovation; setting and implementing strategy.

Job Responsibilities :
Establishes, adheres to, and ensures project management governance standards, tools, processes, and controls. Works with Operations Managers and Resource Managers where appropriate, to identify and commit appropriate staff resources to meet current and future project resource requirements.
• Closely manages in conjunction with Business Management Manager, relationship with data providers.
• Work with Financial Controlling to ensure accurate client cost recovery for business area.
• Perform standard data analysis e.g. project level reporting, client allocation reporting, reporting to support.
• Attuned to changes in the environment and business, and responds quickly and flexibly by taking appropriate strategic or tactical measures.
• Understands change and how it will affect the organization. Understands consequences of change.
• Performs communication with the organization.
• Understand and capture metrics for current process (time taken, error rates, error root causes).
• Support control and quality management.
• Provide accurate forecast reporting and distribution of spend through financial year.
• Escalate issues as needed. Identifies inconsistencies from and recommends modifications to conform to standards.
• Promises only what can be delivered, manage expectations and honors commitments, and are committed to ethical practices in all interactions and relationships.
• Proactively initiates, develops, and maintains effective working relationships with team members.
• Demonstrates the ability to cooperate with a variety of people and achieve results.
• Provide advice on financial matters to Business Management Manager, clients and Controlling.
• Agree budget with areas that will be allocating costs and ensure accuracy of their estimates.
• Perform standard data analysis e.g. project level reporting, client allocation reporting, reporting to support.
• Supporting the IT unit relating the on-boarding and off-boarding of people from projects.
• Effectively presents the financial impacts of business decisions related to product changes and pricing negotiations.
• Provides technical knowledge of SOA organization view and interprets impact on the organization.

Candidate Requirements:
5+ years experience in a business management, financial accounting and reporting or similar role
• Proficient knowledge of financial data analysis
• Analytical and problem solving skills
• Passion and proven ability to work with management information, financial figures and mass data
• Strong communication and presentation skills
• Prior work experience in senior management reporting
• Ability to work in virtual teams and in matrix organizations
• Fluent in English (written/verbal)
• Strong organization and time management skills
• Strong knowledge of Financial Services industry and related Information Technology processes
• Proficient/Expert in MS Office tools (or similar applications)
• Bachelors Degree from an accredited college or university with a concentration in Economics or Business Administration (or similar qualification/equivalent work experience)

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, color, sexual orientation or disability.

See more at db.com/careers