Deutsche Bank Hiring Business Finance Analyst Intern (Mumbai)

Job Description

Job Title: Analyst / Senior Analyst

The Business Finance function oversees business level revenue attribution, financial accounting, and financial disclosures. The team ensures accurate and timely reporting of Profit and Loss (PnL) for each business unit and analyzes the drivers behind risk positions and PnL. It also ensures all transactions and positions are properly reflected in the bank's accounting records and disclosures in accordance with relevant accounting standards.

Benefits

• Comprehensive leave policy
• Gender neutral parental leave
• Child care assistance reimbursement (gender neutral)
• Flexible working arrangements
• Sponsorship for industry relevant certifications and education
• Employee Assistance Program for employees and family members
• Hospitalization insurance for employees and dependents
• Accident and term life insurance coverage
• Health screening for employees aged 35 and above

Key Responsibilities

• Produce accurate and timely daily T+1 PnL reporting, attribution, and analysis.
• Provide daily commentary and variance analysis to Front Office traders and senior finance managers.
• Investigate and resolve breaks such as Model vs Actual ledger cash, FO/MO system discrepancies, and trade documentation issues.
• Resolve model risk control exceptions.
• Ensure adherence to risk management and control guidelines.
• Respond promptly to queries from stakeholders including Finance directors, onshore management, Front Office traders, Financial Control, and Risk teams.
• Understand trade flows and booking structures, ensuring trades are recorded correctly for accurate funding cost allocation through funds transfer pricing.
• Post product appropriate journal entries.
• Ensure the accuracy of financial statements including income statements and balance sheets.
• Perform reconciliations such as Management Accounting vs Financial Accounting, Front Office vs Back Office, and balance sheet substantiation.
• Coordinate and run stakeholder calls when required.
• Support audit and regulatory requirements.

Skills and Experience

• Experience or exposure to financial control or product control in an investment banking environment.
• Understanding of financial market instruments such as loans, bonds, credit products, derivatives, cash equity, swaps, options, and futures.
• Knowledge of fixed income products including bonds, CDS, TRS, IRS, and loans.
• Familiarity with IFRS or GAAP standards is preferred.
• Understanding of front to back investment banking processes from trade capture to balance sheet.
• Proficiency in Microsoft Office tools, particularly Excel and Word.
• Exposure to multiple front office systems is advantageous.

Education

Preferably pursuing or qualified MBA, Chartered Accountant (CA), CPA, ACCA, CIMA, or CFA.

Support and Development

• Training and development opportunities to support career growth
• Flexible work options to help balance personal priorities
• Guidance and mentorship from experienced team members
• A culture that promotes continuous learning and career progression
• Flexible benefits that can be tailored to individual needs

About Deutsche Bank

Deutsche Bank promotes a work environment built on diversity, inclusion, and mutual respect. The organization values a wide range of perspectives, experiences, and backgrounds, encouraging innovation and collaboration. Employees are supported with opportunities to grow and contribute while maintaining a fair and inclusive workplace.