About the role

Aplyr's Quick Take

This is an entry-level apprenticeship in business finance at Deutsche Bank, focusing on financial reporting and analysis for the Private Bank division. You'll handle tasks like month-end close, P&L reporting, and financial disclosures, working closely with business managers across regions. It's not a permanent position, and there's no guarantee of a job after the apprenticeship ends.

Good fit

Ideal candidates are recent commerce graduates or MBA finance students with strong communication skills and an interest in finance. A collaborative mindset and the ability to navigate cross-cultural environments will help you succeed here.

Worth noting

The apprenticeship does not guarantee a permanent position, which may be a concern for some. However, it offers valuable training and exposure to finance operations in a major bank.

Job Description:

Job Title: Apprentice Hiring for 2026- 2027

Location: Mumbai, India

About the programme:

This 12-month apprenticeship, under India's National Apprenticeship Training Scheme, provides valuable on-the-job training; Please note, there is no obligation for permanent employment with Deutsche Bank Group upon completion of the Apprenticeship Training tenure.

Role Description

This is a Business Finance role for the Private Bank (“PB”) franchise and is responsible for managing all PB Divisional Finance topics, facing off to CFO and Business Finance Global Leads and business managers across hub locations.
The incumbent would be responsible for a range of business finance activities including month end ledger close, journal postings, P&L reporting, Revenue Flash/Actuals, Balance Sheet substantiation, financial disclosures; and so on.

Your key responsibilities

Business Finance is responsible for the production, validation and reporting and analysis of daily P&L including attribution, month end financial statements including substantiation, and disclosures, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.

Key deliverables for this role include:

Supporting preparation of Revenue Flash, explaining variance vs prior trends and actuals as they develop during ledger close.
Engaging with Business managers across regions/businesses for the above - this is critical due to lack of daily P&L, requiring detailed driver based explanations of movements, cyclical and episodic events
Supporting other deliverables including daily P&L reporting, FX exposure management, financial disclosures and Balance sheet substantiation.
Supporting performance of key controls including Analytical review, Financial Adjustment reviews, Book Completeness.
Managing audit requirements

Your skills and experience

Commerce Graduate or MBA Finance with specialization in Financial accounting & reporting
Good communication and articulation skills with experience in facing off to business heads
Ability to work in a diverse team with cross-cultural exposure
Very good desktop and presentation skills

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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.