Deutsche Bank
Mumbai
Banks & Building Society
Job Title: TAS Financial Resource Management-AVP
Location: Mumbai
Business/Team Description
Summary:
Deutsche Bank is a client-centric global universal bank. One that is leading change and innovation in the industry – championing integrity, sustainable performance and innovation with our clients, and redefining our culture and relationships with each other.
Corporate Bank (CB) provides commercial banking products and services for both corporate clients and financial institutions worldwide, including domestic and cross-border payments, risk management and financing of international trade as well as trust, agency, depositary, custody and related services. GTB comprises Corporate Cash Management, Trade, Institutional Cash Management, Securities Services and Trust & Agency Services.
Trust & Agency Services (TAS) provides corporate trust, loan services, corporate services, escrows and depository receipts
Overview:
This position forms part of the Financial Resource Management (FRM) group which sits in the Trust and Agency Services business. Working with the London FRM team, this role will work with senior management (offering regular dialogue with the business head) and product heads across the business, as well as infrastructure partners in Finance and Risk to best manage resource management (including risk) for the TAS business. For the right candidate, the role offers excellent exposure to senior business stakeholders and to act as the TAS FRM representative for APAC
What we will offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Key Responsibilities: (not limited to)
- Daily monitoring of intraday credit and overdrafts. Follow up on overdrafts to understand underlying causes and any recurring themes; escalate concerns where necessary. Work with Client Services and Operations to ensure controls are fit for purpose.
- Prepare and enhance monthly risk oversight pack; be an active participant in presentation to head of the business.
- Review Credit Risk Weighted Assets (RWA) drivers for TAS; ensuring the credit RWA footprint and drivers for the TAS business are understood. Explore and implement opportunities for optimisation.
- Take ownership of TAS balance sheet reporting and forecasting MIS including monthly flash and FRM pack (sent to the TAS ExCo) including liaising with Sales for deal pipeline.
- Monitor financial resource consumption and work closely with stakeholders across the business to ensure optimal use of TAS assets (including CRDIV leverage exposure) and liabilities to maximise business profitability and returns.
- Support the delivery of off balance sheet (money market fund) solutions for clients through the provision of regular iMoneyNet reports.
- Automate regular reports and identify further opportunities to streamline processes
- Represent TAS FRM on intraday credit approvals
- Produce and distribute deposit interest rate card on daily basis
- Assist with Business Development initiatives where appropriate
Skills and Qualifications:
- Previous experience in balance sheet management and/or risk management in a top tier financial institution.
- An understanding of/experience with CRDIV/ RWA would be preferable but not strictly necessary.
- Strong communication skills – both written and verbal.
- Strong technical and analytical skills.
- The ability to challenge reasons given for overdrafts, to ensure underlying drivers are well understood and the controls in place are fit for purpose.
- The ability to manage senior stakeholders.
You will be:
- Self-driven, but able to work well with a team
- Highly proficient with MS Office suite; strong MS Excel skills e.g. be comfortable manipulating data with vlookups, pivot tables etc (VBA not a prerequisite) and strong MS PowerPoint skills to produce high quality output to be shared with senior stakeholders.
How we’ll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About us and our teams
https://www.db.com/company/company.htm
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
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