DB USA Core Corporation seeks an Assistant Vice President, Business Control & Business Relationship Specialist in New York, NY to analyze and forecast financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. Requires a Bachelor’s Degree in Finance, Business administration, or related field or equivalent, and five (5) years of progressively responsible experience performing Quality Assurance of PnL and metrics produced globally. Must include at least five (5) years of progressively responsible experience reviewing Key Performance Indicators and Key Risk Indicators metrics; resolving booking issues, cash breaks and Present Value adjustments, and establishing and maintaining controls for risk and PnL production; recommending methodologies and appropriate models to calculate PV adjustments; developing and implementing risk measurement tools in VBA and reporting PnL figures and risk measures for trading portfolios; developing, reviewing, and implementing valuation models, including Interest Rate and Foreign Exchange derivatives, and corporate bonds; performing valuation of financial instruments for Emerging Markets; calculating PnL for bonds, loans, and derivatives and performing PnL attribution to relevant risk factors; working with risks related to bonds and Interest Rate and Foreign Exchange derivatives; performing data analysis and utilizing Pivot tables; and analyzing financial statements and balance sheet for financial institutions. #DNI
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.