Group Audit - Principal Auditor, Finance - Assistant Vice President

  • Competitive
  • Singapour, Singapore
  • CDI, Plein-temps
  • Deutsche Bank APAC
  • 21 sept. 17

Group Audit - Principal Auditor, Finance - Assistant Vice President

Group Audit

The Group Audit (GA) function comprises over 700 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.

Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

The Principal Auditor leads or participates in audits of a specific business/function area in accordance with the Audit methodology, and evaluates the adequacy and effectiveness of internal controls relating to risks within those business areas.

The Principal Auditor may occasionally lead or participate in ad hoc projects and special investigations. The Principal Auditor works in a cooperative manner with subject matter experts and other teams from across the function to provide ‘front-to-back'/SME audit coverage and actively contributes to the delivery of team plans in support of the functional and business strategies under limited supervision.

Key responsibilities:

  • Executes day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and business monitoring).
  • Implements dynamic planning through business monitoring.
  • Plans audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when required.
  • Drafts high quality audit reports for review by audit management, facilitates issue tracking, validates the closure of issues and approves closure of Important issues.
  • Executes 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.
  • Partners with other divisional/teams during audit engagement to guarantee an integrated approach.
  • Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans.
  • Completes all assigned audit work in line with agreed budgets, including ad hoc projects and special investigations.
  • Acts as a competent partner and challenger to clients in the closure process of findings.
  • Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.
  • Presents complex and sensitive messages (such as audit issues) comprehensively, professionally and reduces complex topics to simple statements.
  • Participates in exit meetings as required.
  • Proactively keeps abreast of pertinent industry, regulatory and business practices.
  • Establishes and maintains a client service/relationship approach with clients in order to understand their business needs. Interprets stakeholder feedback on key business developments/risks and understands the clients' marketplace in order to address their needs and expectations while delivering ‘one voice' to the client in all communications and correspondence.

Key skills:
  • At least 5 years of financial accounting, internal audit and/or big 4 audit experience in the financial services industry
  • Strong understanding of IFRS and key accounting concepts
  • Sound Audit/business knowledge and experience and an understanding of the risks and regulatory requirements in Finance
  • Treasury, Tax and/or financial instruments valuation knowledge will be desirable.
  • International experience, coupled with a familiarity of working within the operational requirements of a global bank. Demonstrates intellectual curiosity and is able to understand and evaluate risk.
  • Good understanding of global banking control environment and compliance issues in the banking/finance industry.
  • Excellent written/verbal communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach.
  • Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
  • Self-starter and ability to operate at senior levels of the bank
  • Very good knowledge of auditing standards and concepts.
  • Ability to work in a fast-paced business environment.
  • Ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines
  • Able to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of team members.
  • Unquestionable personal integrity and ethics