- Deutsche Bank
- $98,556.67 -179,660.00/year*
97 Higgins Rd
Corporate & Investment Bank The Corporate & Investment Bank (CIB) combines Deutsche Bank's Corporate Finance, Equities, Fixed Income & Currencies, Institutional and Treasury Coverage and Global Transaction Banking businesses as well as Deutsche Bank Research. As one of the world's leading investment banks, our Corporate Finance business provides the full range of investment banking products and services for large-cap and mid-cap corporates, financial institutions, governments, government agencies, hedge funds and financial sponsors. Our offering consists of comprehensive financial advisory and capital raising services - including buyside and sellside Mergers & Acquisitions (M & A) and restructuring advice, underpinned by one of the world's largest and most successful debt and equity capital markets platforms, strong risk management systems and a global distribution network. Our range of services and strong presence across the globe enables us to complete large, multi-dimensional cross-border and regional transactions. Global Equities is a market-leading provider of equity and equity-linked products to institutional, corporate and retail clients worldwide. The equities platform is built on four product lines - Equity Trading, Equity Derivatives, Global Investment Solutions and Prime Finance - setting the standard in trading, origination, financing and distribution. Fixed Income & Currencies brings together a top-ranked institutional sales force, world-class research with trading and structuring expertise across Foreign Exchange, Rates, Credit and Emerging Markets. The Fixed Income & Currencies business enables us to respond to increasing automation, regulatory expectations and client demand for standardisation and transparency in execution. Institutional and Treasury Coverage (ITC) works closely with product partners in Fixed Income & Currencies, Equities, Corporate Finance and Global Transaction Banking to ensure alignment and coordination of interaction across the numerous entry points through which we engage our clients. ITC includes Corporate Banking Coverage (CBC), Corporate Banking Germany (CBG), the Financing & Solutions Group (FSG) and the Institutional Client Group (ICG). Global Transaction Banking (GTB) is a leading global provider of cash management, trade finance and securities services, delivering the full range of commercial banking products and services for both corporates and institutions worldwide. Deutsche Bank Research is responsible for macro and microanalysis within Deutsche Bank Group and acts as consultant for the bank, its clients and stakeholders. We analyse relevant trends for the bank in financial markets, the economy and society and highlight risks and opportunities. Deutsche Bank Research delivers high-quality, independent analysis and actively promotes public debate on economic, fiscal, labour market and social policy issues. Job Title: CIB Central Business Finance - CCAR Corporate Title: Assistant Vice President Location: New York Overview As part of the Deutsche Bank USA Comprehensive Capital Analysis and Review (CCAR), the Bank must conduct company-run 9 quarter stress testing taking into account 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. Significant effort is required to conduct stress tests and comply with CCAR requirements including the following: Board & Senior Management Oversight Stress Testing policies and procedures Regulatory Reporting of results and supporting documentation Internal Audit review Model validation and model risk governance Governance and Effective challenge 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 On-site cafeteria, health center, and communal meeting areas Active engagement with the local community through Deutsche Bank's specialized employee groups Hear from our people and look inside our office: DB@The Muse Your Role What You'll Do: Liaise between CCAR Central, Regional & Business Finance, Front Office, Treasury and Technology in order to deliver the product / entity view CCAR/DFAST projections Review financial and nonfinancial model inputs for quarterly stress testing Execute models and analyze projection results Prepare presentation decks on results by Business and present to Senior Business Management Review/provide input on specific sections of the Capital Plan Work with Treasury Modeling and Analytics and the Front Office to redevelop first generation models and help validate data for ongoing model monitoring Provide SME assistance in model development Identify/understand the variances between IFRS and US GAAP financials and how they are reported within the CCAR schedules Conduct validation and control on proposed frameworks and models Liaise with the Business to translate balance sheet and income statement data from IFRS to US GAAP to 14A presentation view (including appropriate business segmentation) Support other ad hoc business analyses and business level variance analysis Remediate/close out Audit Findings and internally identified issues and lesson learned Consider FRB Feedback in all decisions and process enhancements Participate in user acceptance testing to identify and highlight possible system issues Review and document procedures related to the CCAR/DFAST submission (KOPs, Run Book, etc.) Support the continued development and analysis of stress test results provided to the Regional Skills You'll Need: Strong product knowledge across CIB Businesses and associated products Background in accounting of financial instruments and financial statement representation Understanding of reconciliations and variance analysis CCAR/DFAST experience is a plus but not required Skills That Will Help You Excel: Proactive personality Detail oriented with focus on internal controls and integrity of data Strong analytical skills and the ability to apply to complex data structures Strong team work and communication skills, commitment to meeting deadlines Excellent organizational skills Bachelor of Science degree in Finance or Accounting or similar About Deutsche Bank We are Germany's leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We're driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients' real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients. For candidates applying for positions in the US: Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the EEO is the Law poster and pay transparency statement.
Associated topics: analyst, audit, cfa, chief finance officer, cpa, expense, financial controller, financial planning, investor, kpmg
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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