Auditor - Non-Financial Risk Management
Deutsche Bank AG
London, United Kingdom
7d ago

Group Audit

The Group Audit (GA) function has over 700 staff located in our four hub locations New York, London, Frankfurt, Singapore and 26 other countries.

The hallmarks of our professional, business focused, proactive risk-based work are transparency, integrity and independence.

We assist the bank’s businesses and infrastructure functions to identify control weaknesses.

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 on issues and occurrences and are increasingly consulted for advice by the regulators.

Our global connectivity provides a stimulating environment and the opportunity to collaborate with knowledgeable colleagues and specialists around the world.

Overview :

You’ll be joining the Non-Financial Risk Management (NFRM) team, which is part of the Risk team within Group Audit (GA).

The auditor will report into the global Principal Audit Manager (PAM) who reports directly into the Chief Auditor (CA) for Non-

Financial Risk Management and Enterprise Risk Management.

The GA Non-Financial Risk Management team is responsible for the developing to the highest industry standards a risk-based and global audit plan covering Operational Risk including the Non-

Financial Risk (i.e. 3 Lines of Defence / Risk & Control Assessment) transformation program, Advanced Measurement Approaches (AMA) Model and the broader Operational Risk framework.

The team also covers specific components of NFRM including Business Continuity Management, Security Risk Management, Crisis Management, Information Technology (IT) Risk Management, Transaction Processing Risk, and Information Security Risk Management.

The auditor will have a key role in the delivery of the NFRM audit plan and audit projects, supporting the Non-Financial Risk Management function in their ongoing framework transformation and implementation across Deutsche Bank.

Role includes execution of audit work in line with Deutsche Bank Group Audit Methodology.

Key Responsibilities :

  • Evaluating the adequacy and effectiveness of internal controls relating to risks involved in the relevant areas in accordance with GA Methodology and the established risk assessment framework
  • Assisting audit planning e.g. documenting activity flows of the processes to be reviewed, identifying risks and the key actual controls in place to mitigate the identified risks
  • Delivering audit fieldwork in line with the agreed audit approach and budget, including documenting activity flows, identification of key risks, testing of key controls to determine whether they are adequately designed and are operating effectively and documenting work in accordance with divisional standards
  • Discussing exceptions identified during fieldwork with audit coordinators and PAMs to enable drafting of high quality impactful audit findings
  • Reviewing and challenging action plans provided by stakeholders, helping develop robust remediation plans
  • Completing all assigned audit work in line with agreed budgets, including ad hoc projects
  • Facilitating finding tracking and producing Management Information (MI) for senior management when required
  • Assessing adequacy of internal and external finding validation closure and target date extensions requests
  • Providing Principal Auditors and PAM updates on audit progress and escalating problems / delays
  • Participating in ad-hoc projects including regulatory requests and / or other GA initiatives
  • Skills & Qualifications :

  • Educated to Bachelor’s degree level or equivalent qualification / relevant work experience
  • Knowledge of auditing standards and concepts with direct experience as an auditor or controls function beneficial
  • Understanding of risk management and control frameworks in a global banking control environment, with sound knowledge of banking activities, products, risk management techniques and regulatory requirements
  • Experience covering non-financial risk topics or Operational Risk Management frameworks preferred
  • Excellent analytical and communication skills, both written and verbal, together with strong presentation and interactive skills
  • Ability to work independently with limited day-to-day oversight
  • Able to learn complex concepts quickly and then convey the concepts and ideas on issues requiring interpretation and opinion
  • Independent in judgment and with unquestionable personal integrity and ethic with the ability to challenge and be challenged whilst maintaining the highest levels of professionalism
  • Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

    Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

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