Principal Auditor – Investment Banking/Transaction Banking & Corporate Finance – VP recruitment

for our clients.  This is made possible by our people: agile minds, able to see beyond the obvious act effectively in an ever-changing global business landscape.  As you’ll discover, our culture supports this.  Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose.  At every level agile minds are rewarded with competitive pay, support and the opportunity to excel.

Named the "Best Global Investment Bank“ in Euromoney Magazine’s annual Awards for Excellence, Deutsche Bank is a leader in Germany and Europe and is continuously growing in North America, Asia and key emerging markets.

Finance

Group Finance is vital to the way we run our business. The global marketplace is constantly evolving, and being adaptable, deliberate and precise in action is critical to safeguarding shareholder value. With sound financial principles at the core of everything we offer, Group Finance oversees all financial details of Deutsche Bank, globally.

Our People

Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures. They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.

Business Description

The Deutsche Bank Group Audit department consists of over 440 staff globally with the majority centered in hubs in New York, London, Frankfurt, Asia Pacific.  Group Audit runs a professional, business focussed, proactive risk based global audit function that operates with openness, integrity and independence, and which assists the business mitigate high level control risks in the implementation of Group strategy.

Group Audit believes in the partnership model but one that is discharged with independence and integrity and this is a key message that auditors carry when dealing with clients. It is essential that both auditor and the client understand and appreciate that an objective assessment of control risks is a value-added service, which operates only if mutual trust is established and maintained. Group Audit is a team that prides itself in establishing the highest standard in professional delivery.

Group Audit is inextricably linked to promoting strong corporate and ethical governance, a philosophy that is the responsibility of each and every person employed within DB. Group Audit is about trust, excellence, people and performance.

Position Description.

Group Audit is seeking an audit professional at Vice President level within the Corporate Investment Bank

(CIB) team covering Corporate Finance and Global Transaction Banking, reporting into a Principal Audit Manager (PAM) who in turn reports to the Chief Auditor (CA). The CA has global responsibility. This role is based in New York.

The Principal Auditor will be responsible for controlling timely and accurate completion of work including execution of audit work.  The core responsibilities of this role are:

• Executes day-to-day operational audit work on the basis of DB Group Audit Methodologies (conducts business monitoring and risk assessments, designs tests to assess control effectiveness for key risks, drafts audit reports).

• Discuss exceptions found during fieldwork with Principal Audit Manager and participate in exit meetings, draft audit reports for review by audit management and facilitate issue tracking and validate closure of issues.

• You will be leading a team on individual assignments, and will be required to implement dynamic planning through continuous monitoring of the business and successfully implement risk based audits both locally and globally.

• The position offers you the opportunity to develop relationships across the Deutsche Bank franchise and to communicate orally and in writing the results of your work to clients at all levels.

• You will be required to pro-actively develop and maintain professional working relationships with colleagues, the business and respective support areas and work in an integrated manner with fellow team members both locally (e.g. Risk, Finance and Information Technology (IT)) and globally.

• You will understand the client’s marketplace and respond to expectations and will continue to develop technical expertise relevant to the industry

• Develops and maintains broad financial services experience and Bank knowledge. Keeps abreast of business/industry changes and their affect on the DB plan/approach.

• Completes audit work/assignments in line with agreed budgets.

• Participates in internal projects and potentially in Special Investigations.

• Communicates with Principal Audit Manager regarding audit progress and escalates problems/delays.

• Partners with other groups during audit engagement to ensure an integrated approach (e.g. technology teams).

Job Requirements/Essential Skills

• Previous investment banking experience (8 - 12 years) and very good knowledge of corporate finance and transaction banking products, as well as the related infrastructure support functions.

• Significant audit or business experience in a major Investment or Custody bank is a pre-requisite.

• Strong knowledge of financial products and the ability to identify and evaluate risks associated with these products.

• Good working knowledge of Credit, Market, IT, Finance and Compliance risks.

• The ability to demonstrate that you have an innovative mindset and can develop ideas, which are implemented and have a positive impact.

• The ability to multi-task assignments and prioritise your workload with limited supervision and be resilient under pressure and be able to deliver to deadlines.

• Excellent written / verbal communication skills and be able to communicate effectively at all levels within Group Audit and with the client.

• Team player and be able to work well with the Audit team.

• Ability to work under minimal supervision.

You will be:

• A senior audit professional who has broad experience in transaction banking and corporate finance; is a self starter and is able to operate at senior levels of the company.

• A flexible, pro-active, self sufficient and innovative individual with strong organisational skills to take ownership and responsibility of agreed targets and meet them within budget to enable a timely and efficient completion of audit projects. 

• A natural role model and reference point for their peer group

Preferably Qualificatiions:

• Bachelors degree required in Accounting or Finance.

• CPA certification.

At Deutsche Bank, we are proud to be an Equal Opportunity/ Affirmative Action (M/F/D/V) employer.

For more information and to apply, please visit our website at db.com/careers