Country Finance- Business Finance Specialist - Associate

  • Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Deutsche Bank APAC
  • 21 Feb 18 2018-02-21

Country Finance- Business Finance Specialist - Associate


It is crucial for the bank to understand how profitable each businesses activity is and Finance has a responsibility to understand precisely the resource commitment the bank makes to any given client or transaction e.g. cost, capital, funding, liquidity and risk. Finance is playing a central role in keeping the bank focused on simplification and financial resource management.

With our diverse teams in 47 countries, we offer a broad portfolio of capabilities. Our key functions range from Group Finance, Treasury, Planning and Performance Management, and Investor Relations to enabling functions such as Finance Change and Administration. These teams make sure we cover all Finance specific aspects for our internal and external stakeholders such as shareholder, employees, clients and regulators. Together, it is the role of Finance to oversee all financial details for Deutsche Bank globally.

Sound financial principles are at the core of everything we do. That's why Finance is vital to the way we run our business. In a global marketplace that's constantly evolving, being adaptable, decisive and accurate is critical.

Join us and you'll be able to make a real difference in a dynamic global team with multiple career opportunities.

Position Overview

About the role:

This Business Finance Specialist role will provide oversight of the current control framework for the Risk and P&L function and assist with new business and change initiatives for the Global Credit Trading business.

In particular this role will focus on the following key areas:

  • Validation and Control: Ensure the control environment for the Risk and P&L function is functioning appropriately and assist with escalating and remediating any issues. Liase with Manila support team and onshore infrastructure partners to ensure appropriate oversight of daily production processes.
  • Business Solutions: To assist with the implementation of process improvement and change initiatives and ensures the effectiveness of relevant technology/systems to help meet the demands of both run-the-bank and change-the-bank activities.
  • Business Support: To work with our business partners to ensure all standard performance reporting and commentary is complete and assist with ad-hoc requests where possible.

  • The role will have exposure to the following functions and responsibilities:

    Control Oversight:
  • Responsible for validation and control oversight of the Global Credit Trading daily P&L process to ensure accurate and timely delivery to the desk. Key business face-off for all daily P&L and risk issues.
  • Monitor and control accuracy and completeness of underlying data used in the Financial Statements to mitigate operational & reputational risk.
  • Provide support for Global Markets month end close activities as part of wider team involvement
  • Regular engagement with our Manila support teams to ensure controls are adequately adhered to, training is adequate and there is clear prioritization of deliverables.

  • Business Process Change:
  • Participate in Change the Bank (CTB) initiatives of the Credit team as well as across Business Finance for CIB
  • Process re-engineering – continually questioning processes in an ever changing environment & striving for best of breed. In particular, work with our Manila colleagues to remove inefficiencies and tighten controls where appropriate.

  • New Trade Support:
  • Support Structure trades from an accounting perspective, ensuring they are reflected correctly in the P&L reporting & risk systems, as well as ensuring the trade bookings are adequately covered by the existing control framework. Design and implement new controls with our infrastructure and business partners if required.
  • Work with Finance, infrastructure and business stake-holders to understand/complete trade-to-book process of structured transactions

  • Key Requirements:
    • Team-oriented with a strong sense of ownership and accountability.
    • Highly motivated and passionate with the ability to multi-task and remain organised in a fast-paced environment with minimal supervision.
    • Resilient under pressure and able to deliver to deadlines.

    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.