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Fund Transfer Pricing, AVP

Fund Transfer Pricing, AVP

Deutsche BankMumbai, Maharashtra, India
3 hours ago
Job description

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-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

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.
  • 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 childcare assistance benefit (gender neutral)
  • 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
  • Your key responsibilities

    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

  • Own existing FTP methodologies and its implementation, perform periodic reviews, support audit and governance processes, and suggest enhancements that can be implemented for better risk capturing within a methodology / process.
  • Calculation of product FTP prices based on actual product volumes and live FTP curves
  • 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
  • Your skills and experience

    Core Skills

  • Experience in dealing with price verification or risk calculation or PnL reporting for Fixed income products like Bonds, Interest rate swaps, Cross-currency swaps etc
  • 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.
  • Strong quantitative investigative skills, with good experience in advance Excel
  • Python knowledge is a plus, not mandatory
  • 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
  • Data analytics and process automation experience
  • How we’ll support you

  • Training and development to help you excel in your career
  • 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
  • Create a job alert for this search

    Transfer Pricing • Mumbai, Maharashtra, India

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