At a Glance
- Tasks: Lead global audits on market and counterparty credit risk, ensuring high-quality reporting.
- Company: Join Deutsche Bank's dynamic Group Audit team in London.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Embrace continuous learning and diverse workplace culture.
- Why this job: Make a real impact in a collaborative environment while developing your skills.
- Qualifications: Bachelor's degree in a quantitative field and experience in risk auditing.
The predicted salary is between 80000 - 100000 € per year.
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.
Your Key Responsibilities
- Lead and deliver 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 (e.g. to aid with product/regulatory/product knowledge).
- Identify opportunities to improve collaboration across GA.
Your Skills And Experience
- A bachelor’s degree in a 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 Margin, 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).
Equal Employment Opportunity
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Senior Principal Auditor – Market & Valuation Risk and Counterparty Credit Risk employer: Deutsche Bank
Deutsche Bank is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. With a strong focus on employee development and wellbeing, we provide hybrid working options, competitive salaries, and a comprehensive benefits package that includes generous holiday allowances and support for personal growth. Join us to collaborate with a diverse team of professionals and contribute to meaningful projects that shape the future of banking.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Principal Auditor – Market & Valuation Risk and Counterparty Credit Risk
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Deutsche Bank on LinkedIn. A friendly chat can give us insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on key topics like market risk and valuation risk. We should be ready to discuss how our experience aligns with the role, so practice articulating our thoughts clearly and confidently.
✨Tip Number 3
Showcase our skills through examples! During interviews, we can highlight specific projects or challenges we've tackled that relate to counterparty credit risk. This will help us stand out as candidates who can deliver value.
✨Tip Number 4
Don’t forget to follow up after the interview! A quick thank-you email reiterating our interest in the role can leave a positive impression. Plus, it shows we’re proactive and genuinely interested in joining the team.
We think you need these skills to ace Senior Principal Auditor – Market & Valuation Risk and Counterparty Credit Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Principal Auditor role. Highlight your experience in market risk, valuation risk, and counterparty credit risk. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any relevant qualifications like FRM or CFA.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and structure your documents well. We love seeing candidates who can articulate their thoughts effectively!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Deutsche Bank
✨Know Your Stuff
Make sure you brush up on your knowledge of market risk, valuation risk, and counterparty credit risk. Familiarise yourself with key topics like FRTB and Prudent Valuation. Being able to discuss these confidently will show that you're not just a candidate, but a potential expert in the field.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your experience in conducting audits or working with risk management. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for the interviewers to see your impact.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, audit methodologies, and how they handle regulatory changes. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
✨Demonstrate Your Soft Skills
While technical skills are crucial, don't forget to highlight your communication and teamwork abilities. Be ready to discuss how you've collaborated with stakeholders or coached team members in the past. This will illustrate your well-roundedness as a candidate.