Clm Associate

Year    Mumbai, Maharashtra, India

Job Description

:

Job Level : Associate/AVP

Location : Mumbai

Treasury

Treasury at Deutsche Bank is responsible for the sourcing, management and optimization of Deutsche Bank's financial resources and providing high quality steering to the business on financial resource deployment. This is underpinned by a best-in-class integrated and consistent Treasury risk framework, which enables Treasury to clearly identify the Bank's resource demands, transparently set incentives by allocating resource costs to businesses and manage to evolving regulation. Treasury's fiduciary mandate, which encompasses the Bank's funding pools, asset and liability management (ALM) and liquidity reserves management, supports businesses in delivering on their strategic targets at global and local level. Further, Treasury manages the optimization of all financial resources through all lenses to implement the group's strategic objective and maximize long term return on average tangible shareholders' equity (RoTE).

The current role is part of the Treasury Office in DBC Mumbai. The role requires interactions with all key hubs i.e. New York, London, Frankfurt and Singapore with emphasis on the Americas region.

Function Description:

Balance Sheet Management is responsible for developing Deutsche Bank's funding strategy, developing analytical tools to ensure balance sheet deployment efficiency is continually improved and for ensuring consistent messaging from Treasury taking into account all constraints faced by the bank. Given this mandate the Balance Sheet Management function also co-ordinates the CFO chaired Group Asset and Liability Committee.

Fund Transfer Pricing is an important tool for managing the Bank's balance sheet structure and measuring risk[1]adjusted profitability. By allocating funding and contingent liquidity risks to business lines, products and activities within the Bank, FTP influences the volume and term of new business and ongoing portfolio composition. If done effectively, FTP promotes more resilient, stable business models

Role Description:

The balance sheet management team is looking to hire in Mumbai in order to strengthen the analytical toolset which it uses to monitor and steer the bank's financial resource deployment. The core deliverables for the roles are

  • Review existing FTP methodology in detail and suggest enhancements that can be implemented for better risk capturing within a model
  • Calibration of FTP curves and product prices
  • Ad hoc analysis / presentations to support FTP framework development / enhancement
  • Improve existing processes of calculating the FTP charges and operationally booking them against the business units on a periodic basis
  • Study macro-economic environment and suggest changes in existing methodology based on that e.g. IBOR transition's impact on existing methodology
  • Act as a functional tester for testing of bank's new IT systems, being developed to automate existing FTP processes
Core Skills:
  • Experience in Fixed income products like Bonds, Interest rate swaps, Cross-currency swaps etc, either from pricing perspective or risk perspective.
  • Strong analytical skills and demonstrated ability to work independently, preferably with an understanding of a bank's Treasury funding costs, liquidity management and financial resources.
  • Ideally looking for a quantitative/technical background with understanding of data modelling, including good experience with Excel. Knowledge of databases / a programming language would be a plus.
  • Ability to interface with demanding stakeholders in business and infrastructure functions. Strong written, verbal communication and presentation skills.
  • Ability to work within tight deadlines across different teams and time zones.
Personal Attributes:
  • Effective organizational and inter-personal skills:
  • Curiosity - being inquisitive - willingness to question and strong drive to improve
  • Transparent and clear communicator
  • Demonstrate strong problem ownership - autonomy - prioritization and track record in delivering effective solutions to complex financial process problems
  • Positive energy and attitude to solve problems, figure things out and execute
Your Experience:
  • Previous Treasury or Treasury related experience
  • Experience in pricing / financial modelling
  • Coding experience in Python & strong database skills are a significant plus
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

What we'll 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 / Work from Home Option (if necessary)
  • On job training on various International Reporting Standards relevant to the profile
  • 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
About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.

Click to find out more about our diversity and inclusion policy and initiatives.

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Job Detail

  • Job Id
    JD2965293
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year