Job Description

Details of the Division and Team: The Group Audit (GA) function comprises over 500 staff located in our four hub locations New York, London, Frankfurt, Singapore and 26 other countries across the globe. The function is a professional, business focused, proactive risk-based global audit team that operates with transparency, integrity and independence, and assists the Bank’s business and infrastructure areas to identify key control weaknesses. The GA team prides itself in ensuring the highest standard in professional delivery. The function provides a systematic, disciplined approach to examine, evaluate and report objectively on the adequacy of both the design and operating effectiveness of the systems of internal control and the effectiveness of risk management and governance processes. Being Deutsche Bank’s ‘third line of defence’ we have a high profile in the Bank acting as an independent and forward looking challenger and adviser to Senior Management and are increasingly relied upon by the Regulators. Our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with intelligent colleagues and specialists around the world. Our colleagues are known for their agile minds, looking beyond the obvious, and challenging the status-quo in an open-minded, collaborative way. We consistently invest in our people, offering genuine opportunities for development and advancement. This role is within a team that provides audit coverage of the CRO function and forms part of a much larger global team (around ~50 FTE). As a member of this audit team, you will be exposed to specialist functions such as Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management. In addition to conducting audit work across these functions, the team also works closely with other audit teams to provide ‘joined up’ assurance, as well as to act in an advisory capacity on Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management related topics. What we will offer you: A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday

Role Description: The Principal Auditor leads or works independently on audits of a specific business/functional area/region, and evaluates the adequacy and effectiveness of internal controls relating to risks within those business areas. They will proactively develop and maintains professional consultative working relationships within their own function and with stakeholders inside and outside the bank and respective support areas. They will use a range of approaches to collect relevant information to assess key risks, resolve major issues or carry out tasks. The Principal Auditor works in a co-operative manner with subject matter experts and other teams from across the function and outside the function to provide ‘front-to-back’ audit coverage and actively contribute to the delivery of team plans in support of the functional and business strategies, working under limited supervision. They may occasionally participate in ad-hoc projects and special investigations. Role Responsibilities and Tasks

• Leading audits covering the CRO function, evaluating the adequacy and effectiveness of internal controls relating to the underlying risks.
• Planning and executing audit fieldwork in line with the agreed audit approach e.g. documenting Activity Flows, identification of key risks, testing of key controls to determine whether they are properly designed and are operating effectively and documenting work in accordance with divisional standards.
• Drafting audit reports for review by audit management, writing and agreeing high quality findings, facilitating finding tracking and validating closure of findings (as required).
• Reviewing and providing expert opinions on action plans provided by stakeholders, helping them develop robust remediation plans.
• Acting as a competent partner and challenger to finding owners in the findings closure process.
• Performing business monitoring and risk assessments of the CRO function enabling the prioritization of audit delivery.
• Partnering with other divisional/teams during audit engagement to guarantee an integrated approach.
• Completing all assigned audit work in line with agreed budgets, including ad hoc projects and special investigations.
• Communicating openly with divisional management and internal stakeholders; keeping them informed of potential issues and escalate problems/delays accordingly.
• Presenting complex and sensitive messages (such as audit finding) comprehensively, professionally and reducing complex topics to simple statements.
• Proactively keeping abreast of pertinent industry, regulatory and business practices.
• Proactively developing and maintaining professional working relationships with colleagues across Group Audit and the CRO function.
• Taking ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution.
• Reinforcing an environment where people management and development is a key priority.

Experience/ Exposure

• At least 5 years for AVP or at least 8 years for VP of relevant experience in Risk Management in the financial services industry through either:
  • Working in a 2nd line Risk Management function such as Credit Risk Management, Market Risk Management, Non-Financial Risk Management or Enterprise Risk Management
  • Direct internal / external audit experience of the above functions
• Understanding of key risks and regulatory requirements relevant for DB’s Risk Management function.
• A sound knowledge of banking activities, including capital market products and relevant regulatory requirements.
• Very good knowledge of auditing standards and concepts.
• Excellent written/verbal communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal).
• Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
• Self-starter with the ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines.
• The ability to challenge and be challenged whilst maintaining the highest levels of professionalism.
• Able to work in virtual, global teams in a matrix organization, transfer knowledge and develop capability of team members.
• Unquestionable personal integrity and ethics.
• Knowledge of technology integrated auditing.
• Sound Microsoft Excel and Access skills.
• Data Analytics skills including knowledge of Python, Tableau etc.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies Education/ Qualifications

• Bachelor Degree (or equivalent) from an accredited college or university (or equivalent) or equivalent work experience.
• Professional / industry recognized risk management qualifications ie. FRM
• Professional / industry recognized audit qualifications i.e.. CIA, CISA or CFE

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• 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
• Training and development to help you excel in your career

About us and our teams: Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do. Deutsche Bank & Diversity: Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.