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Job Title: PB Central COO – Global Cost Management Team, Analyst
Location: Mumbai, India
Role Description
About Deutsche Bank:
Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.
About the business division
Private Bank is one of the preeminent private banks in the Eurozone and for family entrepreneurs worldwide. It serves around 3.4 million clients, including private clients and small and medium-sized enterprises (SMEs) in Italy, Spain, Belgium and India, and wealth management clients from more than 80 locations in Germany, the rest of Europe, the Middle East and Africa (EMEA), Asia-Pacific and the Americas.
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
- Centrally oversee Flash, Forecast and Planning processes, interacting with the business/COO as necessary.
- Assist with the consolidation of key drivers for Cost movements – supporting the management team in achieving financial targets and maintaining a sharp cost discipline.
- Working on various cost reduction initiatives and providing regular project updates to senior management
- Conduct various ad-hoc analysis and address issues that are complementary to the regular planning and forecasting processes.
- Monthly Cost Forecast uploads in the system after alignment with CFO/COO.
- Preparing management reporting for Monthly/Quarterly reviews
- Assist on Benchmarking activities by analyzing internal performance metrics against peer organizations
- Driver Based Cost Management deep dives, validation, and support
- Project Manage various Cost and Resource Management related activities
- Collaborate with cross-functional teams on multiple topics
- Other PB Central tasks as necessary
Your skills and experience
- Experience in Accountancy or Management Consulting
- Aptitude for analytical tasks and ability to pull out the key messages
- Proficient in MS Office
- Ability to constructively challenge senior colleagues
- Very Good Excel working knowledge
- Strong communication skills with excellent English, both orally and written
- Good knowledge of the financial sector
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
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
