Senior Principal Auditor – Market & Valuation Risk and Counterparty Credit Risk

Job Title Senior Principal Auditor – Market & Valuation Risk and Counterparty Credit Risk

Location London

Corporate Title Vice President

Group Audit (GA) 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 800 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and specialists around the world.

GA is seeking a Senior Principal Auditor to join the Market & Valuation Risk and Counterparty Credit Risk team. You will report directly to the Principal Audit Manager (PAM) for Market & Valuation Risk and Counterparty Credit Risk and be responsible for timely delivery of high-quality, value-added audit reports and meeting the requirements of the Deutsche Bank Board and of respective regulators

What we’ll 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 centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days’ holiday plus bank holidays, with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Responsible for leading and delivery of global complex regulatory and risk-based audits related to market risk, valuation risk and counterparty credit risk, in line with GA methodology and requirements. This includes audit planning, fieldwork and reporting activities.

• Perform annual risk assessment and continuous monitoring activities for the assigned areas.

• Perform finding validation on material regulatory and internal findings and provide support to members in the finding validation teams on lower severity findings.

• Proactively develop and maintain professional consultative working relationships within GA and with internal and external stakeholders. Prepare materials for regulatory meetings.

• Provide informal coaching to other team members (i.e. to aid with product/regulatory/product knowledge). Identify opportunities to improve collaboration across GA.

Your skills and experience

• A bachelor’s degree in quantitative discipline (e.g., mathematics, finance, economics, statistics, etc.) or equivalent work experience

• Risk related professional qualifications (e.g., FRM, PRM, CFA, etc.), CIA would be an advantage.

• Experience in market risk, valuation risk and counterparty credit risk, either obtained in second-line or in internal audit function.

• In-depth knowledge on key market risk, valuation risk and counterparty credit risk topics (e.g., FRTB, Prudent Valuation, IPV, FVA, xVA, IMM, Uncleared Magin, market risk management, etc.).

• Highly motivated with the ability to multi-task, team-oriented with a strong sense of ownership and accountability. Excellent communication skills, both written and verbal.

• Independent in judgment with the ability to challenge and be challenged whilst maintaining the highest levels of professionalism.

How we’ll support you

• A culture of continuous learning to aid progression

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss.

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.