Principal Auditor ERM

Principal Auditor - ERM

Madrid

About the team and your role

Group Audit serves as Deutsche Bank’s independent ‘Third line of Defense’, proactively assisting the bank’s business and infrastructure areas to identify control weaknesses. Comprising around 700 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and specialists around the world.

As a Principal Auditor in Enterprise Risk Management (ERM) Team, you will be responsible for planning, coordinating and executing audits on strategic topics at Deutsche Bank. Together with colleagues from various audit areas, you will work on global audits with a focus on ERM. The Auditor will report into the ERM Principal Audit Manager (PAM) who reports directly into the Non-Financial, Enterprise and Asia Pacific Risk Management Chief Auditor (CA).

Your key responsibilities

• You work independently on and occasionally lead audit assignments of enterprise risk management, such as Risk Appetite, Recovery and Resolution, Internal Capital Adequacy Assessment Process (ICAAP), Strategic risk, Stress-Testing and Climate & Environmental (C&E) risk. You evaluate the adequacy and effectiveness of internal controls and based on the results, you draft audit findings/reports for review by audit management. You also facilitate issue tracking and validate closure of issues.
• Occasionally, you might also be in charge of ad-hoc audits on Board-related topics and regulatory requests.
• Partner with other audit teams (regionally and / or globally) during the audit engagements to ensure comprehensive coverage and an integrated approach to front to back audits of ERM process and its associated support functions
• The audit fieldwork is lead and executed by you in line with the agreed audit approach, e.g. identifying key risks and testing of key controls to determine whether these controls are properly designed and are operating effectively in accordance with Group Audit (GA) standards.
• In accordance with divisional standards, you document your work results within agreed budgets and timelines.
• You act as challenger to clients in the development of remediation plans and during the issue closure process.
• You proactively keep abreast of pertinent industry, regulatory and business practices in topics of project management and enterprise risks, develop while maintaining a professional network with colleagues, stakeholders, and relevant support areas.
• Communicate openly with GA management and the internal stakeholders; keep them informed of potential issues and escalate problems / delays accordingly.

Your skills and experiences

• Bachelor’s Degree (or equivalent) in business administration, economics and/or science from an accredited college or university (or equivalent); including some knowledge of auditing standards and concepts
• Awareness of general banking environment and/or awareness of the risks and regulatory requirements, preferably in the areas of project management and enterprise risk
• Certifications as CIA, ACAMS, PMP or equivalent qualification in the areas of audit, project management, process-/quality management, FRM or CFA or CESGA would be an advantage
• Advanced knowledge of Office applications
• Excellent analytical, problem solving, relationship management and presentation skills
• Ability to work in virtual, global teams in a matrix organization, openness for occasional travel
• Fluent English both verbally and in writing

What we will offer you

• Diversified audit assignments providing a broad insight into different parts of Deutsche Bank
• Working in an open-minded international environment with diverse and intercultural teams
• Up to 40% work from home, flexible working hours
• Work-life-balance
• Ongoing training opportunities offered by Group Audit’s staff development team
• Possibility to build a strong network within Group Audit and the bank by liaising via social events

Please note that this may vary slightly from location to location

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.
Click here to find out more about our diversity and inclusion policy and initiatives.

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.