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 a culture of continuous learning and diversity.
- 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 required.
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.
What we’ll offer you:
- Hybrid Working – eligible employees can work remotely for part of the working time.
- 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:
- 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.
- Validate findings on material regulatory and internal findings and support the finding validation teams on lower severity findings.
- Develop and maintain professional consultative relationships within GA and with internal and external stakeholders; prepare materials for regulatory meetings.
- Provide informal coaching to other team members and identify opportunities to improve collaboration across GA.
Your skills and experience:
- A bachelor's degree in a quantitative discipline (math, finance, economics, statistics, etc.) or equivalent work experience.
- Risk-related professional qualifications (FRM, PRM, CFA, etc.); CIA is an advantage.
- Experience in market risk, valuation risk and counterparty credit risk, either in second-line or internal audit.
- In-depth knowledge of key market risk, valuation risk and counterparty credit risk topics (FRTB, Prudent Valuation, IPV, FVA, xVA, IMM, Uncovered Margin, market risk management, etc.).
- Highly motivated, multi-tasking, team-oriented, with a strong sense of ownership and accountability; excellent communication skills, both written and verbal.
- Independent judgment with the ability to challenge and be challenged while maintaining 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 assistive equipment if required (screen readers, hearing devices, adapted keyboards). If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge to discuss. 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 in London employer: Montanabankers
Deutsche Bank is an exceptional employer, offering a dynamic and inclusive work environment in London that prioritises employee development and wellbeing. With a commitment to hybrid working, competitive salaries, and extensive benefits including generous holiday allowances and a robust CSR programme, employees are empowered to thrive both personally and professionally. The opportunity to engage with a diverse team of specialists globally fosters collaboration and continuous learning, making it an ideal place for those seeking meaningful and rewarding careers in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in London
✨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 might even lead to a referral.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of market risk and valuation topics. We want to show that we’re not just familiar with the jargon, but we can also discuss it confidently.
✨Tip Number 3
Practice common interview questions, especially those related to risk assessment and audit processes. We can even do mock interviews with friends to get comfortable with our responses.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we can track our application status easily.
We think you need these skills to ace Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in London
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 the perfect fit for our team. Share specific examples of your past work that relate to the responsibilities mentioned in the job description.
Showcase Your Qualifications:Don’t forget to mention any relevant qualifications like FRM, PRM, or CFA. If you have a CIA, that's a bonus! We love seeing how your educational background supports your application.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Montanabankers
✨Know Your Stuff
Make sure you brush up on key topics like market risk, valuation risk, and counterparty credit risk. Familiarise yourself with terms like FRTB and IPV, as these will likely come up in conversation. Showing that you have a solid grasp of these concepts will impress the interviewers.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific audit situations or regulatory challenges. Think through some examples from your past experience where you successfully navigated complex audits or resolved issues. This will demonstrate your problem-solving skills and ability to think on your feet.
✨Show Your Team Spirit
Since collaboration is key in this role, be ready to discuss how you've worked effectively in teams before. Share examples of how you've coached others or improved team dynamics. This will highlight your ability to contribute positively to the team environment at Deutsche Bank.
✨Ask Insightful Questions
Prepare thoughtful questions about the team’s current projects or the bank's approach to risk management. This shows your genuine interest in the role and helps you gauge if the company culture aligns with your values. Plus, it gives you a chance to engage with the interviewers on a deeper level.
