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Finance Business Advisory Analyst - Associate

Deutsche Bank
Finance Business Advisory Analyst - Associate
New York, US
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Job Description

Job Description:

Job Title: Finance Business Advisory Analyst

Corporate Title: Associate

Location: New York, NY


As part of the Deutsche Bank USA Comprehensive Capital Analysis and Review (CCAR), the Bank must conduct company-run 9 quarter stress testing considering the current condition of the company, including its risks, exposures, strategies, and activities using scenarios provided by the Federal Reserve Bank (FRB) and its own internally defined scenarios. Stress Tests use internally built models that undergo annual monitoring and redevelopment (as needed). As part of the Annual CCAR submission, a Capital Plan is written and delivered to the FRB in addition to the CCAR predefined schedules and is assessed and commented on by the FRB. Those comments define the additional items that the Bank is expected to focus on and remediate for the next annual cycle as needed. The role is responsible for assisting in the Central Coordination and Execution of the CCAR Production Cycles.

What We Offer You:

  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office

  • Retirement savings plans, parental leave, and other family-friendly programs

  • An environment that encourages networking and collaboration across functions and businesses

  • Active engagement with the local community through Deutsche Bank’s specialized employee groups

Return to Office:

At this time, all individuals present in the location must be fully vaccinated for Covid-19

  • It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model

  • Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion

Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:

  • Liaise between CCAR Central, Regional & Business Finance, Front Office, Treasury and Technology to deliver the product / entity view CCAR projections; work with Modeling Team and the Front Office to redevelop models and help validate data for ongoing model monitoring

  • Review financial and nonfinancial model inputs for quarterly stress testing, execute models and analyze projection results, and provide small and medium enterprise (SME) assistance in model development

  • Prepare presentation decks on results by Business and present to Senior Business Management. Manage and deliver Book of Work items as well as manage Team Members

  • Identify/understand the variances between International Financial Reporting Standard (IFRS) and US Generally Accepted Accounting Principles (GAAP) financials and how they are reported within the CCAR schedules; review and document procedures related to the CCAR submission (KOPs, Run Book, etc.)

  • Review/provide input on specific sections of the Capital Plan. Remediate/close out Audit Findings and internally identified issues and lesson learned

  • Participate in user acceptance testing to identify and highlight possible system issues. Support the continued development and analysis of stress test results provided to the Regional Finance team

Your Skills and Experience:

  • Bachelor of Science degree in Finance or Accounting or similar

  • Moderate experience

  • Strong product knowledge across Investment Banking (IB) Businesses and associated products; understanding of reconciliations and variance analysis

  • Short- and long-term project management and delivery

  • Background in accounting of financial instruments and financial statement representation; CCAR experience is a plus but not required

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

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

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