TAS – Modeling Analyst at Deutsche Bank, Mumbai
Introduction
Deutsche Bank, a global leader in investment banking and financial services, is hiring a TAS – Modeling Analyst to join its Corporate Bank division in Mumbai. This opportunity is ideal for data-driven professionals who excel in financial modeling, structured finance, and client engagement. If you’re looking to grow your career in a fast-paced, collaborative environment and have a strong foundation in tools like Excel, VBA, and SQL, this position could be your gateway to an impactful and rewarding journey.
About Deutsche Bank
Deutsche Bank AG is one of the world’s leading financial institutions, providing services in investment banking, private banking, asset management, and more. With a global presence and a reputation for excellence, the bank emphasizes innovation, integrity, and customer satisfaction. The Corporate Bank (CB) division is central to Deutsche Bank’s operations, offering comprehensive financial services to corporations and institutions globally.
The Trust and Agency Services (TAS) team operates under the Corporate Bank umbrella and is recognized worldwide for its administrative and fiduciary expertise in the debt and equity markets. With offices in financial hubs like New York, London, Frankfurt, Tokyo, and now Mumbai, TAS is a cornerstone of Deutsche Bank’s global operations.
Job Title: TAS – Modeling Analyst
- Location: Mumbai, India
- Experience: 2-6 years
- Industry: Investment Banking / Venture Capital / Private Equity
- Department: Data Science & Analytics
- Role Category: Business Intelligence & Analytics
- Employment Type: Full-Time, Permanent
Role Overview
As a TAS – Modeling Analyst, your primary responsibility is to develop, test, and maintain cash flow models for structured finance products such as ABS, MBS, and CDOs. You will interpret complex legal documents, perform accurate calculations for bond issuances, and ensure top-tier client service. The role demands exceptional analytical skills, a detail-oriented mindset, and strong technical proficiency.
You will work closely with the TAS Analytics group, supporting Deutsche Bank’s function as Trustee and/or Agent. The role also involves adhering to European working hours to support EMEA and Americas business operations.
Key Responsibilities
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Financial Modeling & Analysis
- Develop and test complex cash flow models for bond structures using Excel, VBA, and SQL.
- Validate bond payment accuracy by cross-referencing with prospectus tables and third-party data.
- Confirm bond yield computations and resolve discrepancies in cash flow projections.
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Legal Documentation Interpretation
- Read and interpret legal and issuer documents such as:
- Offering Circulars
- Prospectuses
- Bond Indentures
- Pooling and Servicing Agreements
- Hedging Agreements
-
Client Service & Communication
- Deliver exceptional customer service by providing comprehensive deal structure explanations.
- Support internal and external clients with detailed, data-driven insights.
- Establish communication protocols for asset-level collateral data submissions.
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Data Management
- Ensure accurate data entry and resolve issues related to asset-level collateral.
- Define data format and guidelines for bond payment collateral receipt.
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Process Improvement
- Contribute to special projects focused on automation, process efficiency, and technology integration.
- Provide recommendations for improving existing financial models and workflows.
Required Skills & Qualifications
Educational Background
- Bachelor of Science/Engineering OR
- Qualified Chartered Accountant (CA) OR Chartered Financial Analyst (CFA)
- High academic GPA and a solid understanding of finance and statistics.
Technical Skills
- Advanced Excel (formulas, pivot tables, VLOOKUP, macros)
- VBA for Excel (script automation and macros)
- SQL (data querying and management)
- Optional: Python, MS Access, SAS, or other data tools
Professional Experience
- Minimum of 2 years’ experience in financial modeling or structured finance.
- Familiarity with securities, bonds, and the investment banking ecosystem.
- Prior experience in developing, testing, and troubleshooting financial models.
Soft Skills
- Strong communication and interpersonal skills
- Analytical mindset with attention to detail
- Ability to manage multiple tasks under tight deadlines
- Proactive and capable of working independently
What You’ll Gain
Learning & Development
- Extensive training and mentoring from experienced professionals
- Opportunities to gain industry-relevant certifications with sponsorship
- Exposure to international banking standards and structured finance products
Employee Benefits
- Comprehensive Insurance: Health, Accident, and Term Life for employees and dependents
- Flexible Leave Policy: Best-in-class leave structure with gender-neutral policies
- Childcare Assistance: 100% reimbursement under childcare assistance benefits
- Mental Health Support: Employee Assistance Program (EAP) for you and your family
- Certification Sponsorship: Financial assistance for professional qualifications
- Complimentary Health Screening: For employees aged 35 and above
Work-Life Balance
- Structured working hours aligned to European markets
- Opportunities for remote and hybrid work, based on role and team needs
- Supportive team culture and continuous learning opportunities
Who Should Apply?
If you’re a finance or engineering graduate with a passion for data modeling, and a strong technical toolkit including Excel, VBA, and SQL—this role is built for you. Ideal candidates are problem-solvers who enjoy working on complex financial instruments and can clearly communicate their findings to stakeholders.
Whether you come from an investment banking, analytics, or data science background, your analytical acumen, technical precision, and customer-centric mindset will set you apart.
Hiring Process
The selection process typically involves:
- Application Review – Screening based on qualifications and experience
- Online Assessments – Technical and analytical skills evaluation
- Interviews – Technical round followed by HR and managerial rounds
- Offer & Onboarding – Role offer with background verification and training schedule
About Trust and Agency Services (TAS)
TAS at Deutsche Bank has long been at the forefront of structured finance administration, providing end-to-end support for debt and equity markets globally. The services span across:
- Asset Backed Securities (ABS)
- Collateralized Loan Obligations (CLOs)
- Corporate Debt & Loan Agency Services
- Escrows & Depositary Receipts
- Project Finance Solutions
The analytics team in Mumbai plays a pivotal role in the global delivery model, ensuring data integrity, regulatory compliance, and operational excellence.
Inclusion & Diversity
Deutsche Bank is proud to be an Equal Opportunity Employer, fostering an inclusive culture where every employee is valued. The bank promotes:
- Gender neutrality in all policies
- Equal opportunities for career progression
- A safe space for innovation and collaboration
Diversity is more than a commitment—it’s at the core of how Deutsche Bank operates. From inclusive hiring practices to employee resource groups, every individual is empowered to succeed.
Join Us
If you aspire to work for a globally respected financial institution, where your contributions directly impact global capital markets, the TAS – Modeling Analyst role at Deutsche Bank offers a perfect platform. You’ll not only enhance your technical and financial modeling skills but also collaborate with industry leaders in a supportive and forward-thinking work environment.
Apply now to be part of a team where precision meets passion, and innovation drives success.
Location: Mumbai, India
Experience Required: 2–6 Years
Job Function: Financial Modeling, Analytics, Structured Finance
Application Deadline: Apply ASAP while the opportunity lasts!
FAQs
Q1: Do I need to have prior experience in investment banking to apply?
A: While prior experience is helpful, strong modeling skills and technical proficiency are more important.
Q2: What are the working hours?
A: You will be aligned to European time zones to support EMEA/Americas business operations.
Q3: Is remote work allowed?
A: While this is primarily an in-office role in Mumbai, there is flexibility depending on the team structure and project needs.
Q4: What tools will I use?
A: Primary tools include Excel, VBA, SQL, and potentially Python and MS Access.
Ready to Apply?
Don’t miss your chance to shape the future of global finance.
Apply today and join Deutsche Bank as a TAS – Modeling Analyst in Mumbai.
Empower your future. Enhance global markets.
