About the role

Aplyr's Quick Take

This role is focused on overseeing balance sheet substantiation processes to ensure compliance with SOX regulations. You'll coordinate with finance teams, perform quality assessments, and serve as a subject matter expert on financial controls. It's an individual contributor role with some project management responsibilities.

Good fit

Ideal candidates have a background in finance or accounting, preferably with experience in balance sheet substantiation within banking. Strong organizational skills and the ability to communicate effectively with senior management are essential.

Worth noting

The position offers a competitive salary and benefits, including 20 vacation days. However, the role may involve significant coordination and oversight, which could be a challenge for those who prefer more independent work.

Job Description:

Job Title: Finance Control Oversight - Regulatory Risk and Control Specialist - Assistant Vice President

Location: Manila

Corporate Title: Assistant Vice President

Balance Sheet Substantiation (BSS) is a key pillar of DB’s SOX compliance efforts, and the role will drive the effective implementation of this control process. The role will manage the key deliverables of FCO on Balance Sheet Substantiation Key Risk Indicators and Risk Assessment

Your key responsibilities

Drives the BSS effort for the region, coordinating with country/division Finance Directors to determine emerging issues and monitor resolution. Ensures integrity of balance sheets through ownership assignments, substantiation, reconciliation and back/review testingPerforms quality assessments and backtesting of the BSS results, and connect the data points with other control metrics. Improves the understanding and increase accountability among account owners through updates and enhancements to the BSS training framework (e.g., online courses, classroom, training).Serves as a Subject Matter Expert on BSS, accounting, and audit concepts and principles. Responsible in the review and administration of SOx relevant controls through coordination with FCO partners and Stakeholders to ensure accurate and completeness of controls documentation in the systemMonitor and handle Management discussions and updates. Manage change projects to deliver on process improvements and efﬁciencies.

Your skills and experience

Bachelor’s degree in accountancyStrong knowledge of finance and accounting Experience in balance sheet substantiation coming from banking and financial services is an advantageKnowledge on markets business, risk and regulatory High level of professionalism, integrity and dependability with a strong sense of urgencyHighly organized, structured and ability to clearly communicate FCO initiatives with senior management and wider finance groups

What we’ll offer you

Competitive Salary
Attractive Retirement
BenefitMedical and
Life Insurance upon employment
20 days Annual Vacation Leaves

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.

Aplyr's read

Deutsche Bank is a major player in global finance, employing a diverse workforce to navigate complex financial landscapes and drive innovative solutions.
Synthesized from recent postings & public sources

What's promising

•Strong global presence with operations in over 70 countries.
•Recent focus on digital transformation and sustainable finance initiatives.
•Diverse career opportunities across various financial disciplines and markets.

What to watch

•Past legal and regulatory challenges have impacted reputation.
•Ongoing restructuring efforts may lead to job uncertainty.
•Competitive industry with pressure on profit margins and innovation.

Why Deutsche Bank

•Deep-rooted history in European banking since 1870.
•Significant influence in global investment banking and asset management.
•Commitment to integrating advanced technologies like AI in banking solutions.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Deutsche Bank

Deutsche Bank

db.com

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Deutsche Bank is a global investment bank and financial services company that provides a wide range of financial products and services to individuals, corporations, and governments.