Validations - Principal Auditor

Job Description:

Job Title: Principal Auditor

Corporate Title: AVP

Location: Mumbai, India

Role Description

Overview

• As a global function of approximately 850 team members, Group Audit (GA) is the bank's 'Third Line of  Defence' acting as an independent and forward-looking challenger and adviser to Senior Management. We are also strongly relied upon by local regulators. We closely partner and collaborate with all Group business and infrastructure areas. This includes the Investment Bank, Corporate Bank and International Private Bank businesses, and Technology, Anti-Financial Crime, Compliance, Risk, Finance and Operations infrastructure functions.
• A diverse and inclusive culture is at the core of our team dynamic, with strong corporate and ethical governance as a driving philosophy. New joiners are supported with a structured and comprehensive career programme.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

The Senior Principal Auditor is responsible for working with the Validations Principal Audit Manager (PAM) on the Validation book of work. The core responsibilities of the role are:

• Assess finding validations by conducting walkthroughs, identify risks and controls, define test plan, and conclude on the test plan.
• Be able to assess exceptions materiality and conclude.
• Keep abreast of regulatory and audit related developments in the industry and ensure effective communication to enhance regulatory knowledge throughout the wider GA team.
• Act as a role model  by being proactive and support the team and broader department.
• Escalate key emerging risks to senior management through the appropriate forums – such as ad hoc communications, monthly/quarterly control reports, and management meetings.
• Build strategic relationships internally and externally to enhance the department’s performance and maximize stakeholder support for the department.
• Support the PAM by regularly reporting on the status of the validation coverage and timely escalate any delays or coverage gaps, if required

Your skills and experience

• Bachelor's degree in Accounting, Finance or related discipline. Advanced Degree (e.g., Masters, Juris Doctor) and professional certification (e.g., CPA, CIA, CAMS, CFE, etc.) preferred.
• In depth experience of working in an audit function within the financial services industry, with strong experience of leading audits or finding validations within a fast-paced business environment.
• Good knowledge of regulatory requirements, and a thorough understanding of the risk and control environment within the financial services industry.
• Demonstrated experience in proactively building meaningful relationships.
• Excellent verbal and written communication skills, with the ability to articulate complex issues/data simply and clearly.

How we’ll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

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.