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

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

Full-Time 70000 - 90000 € / year (est.) Home office (partial)
Montanabankers

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 a culture of diversity and inclusion.
  • 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 70000 - 90000 € 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 on adjustmentsconcierge@db.com 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 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 auditing.

Montanabankers

Contact Detail:

Montanabankers Recruiting Team

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 might just get your foot in the door.

Tip Number 2

Prepare for the interview by brushing up on key topics like market risk and valuation risk. We want to show that we know our stuff and can hold our own in discussions about FRTB and IPV.

Tip Number 3

Practice common interview questions, especially those around teamwork and accountability. We need to demonstrate our strong sense of ownership and how we handle challenges professionally.

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, it shows you’re serious about joining the team.

We think you need these skills to ace Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk

Audit Planning
Fieldwork
Reporting Activities
Risk Assessment
Continuous Monitoring
Stakeholder Management
Regulatory Knowledge

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 listed in the job description.

Showcase Your Qualifications:Don’t forget to mention any relevant qualifications like FRM, PRM, or CIA. We love seeing candidates who are committed to their professional development and can bring that expertise to our team.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining StudySmarter!

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, Prudent Valuation, and IPV. Being able to discuss these confidently will show that you're not just a candidate, but a knowledgeable professional ready to tackle the role.

Showcase Your Experience

Prepare specific examples from your past work that highlight your experience in leading audits and managing risk assessments. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewers to see how your skills align with their needs.

Ask Insightful Questions

Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, audit methodologies, and how they measure success in this role. This not only shows your interest but also helps you gauge if the company culture is the right fit for you.

Demonstrate Your Soft Skills

As much as technical skills matter, don't forget to showcase your communication and teamwork abilities. Be ready to discuss how you've collaborated with stakeholders or coached team members in the past. This will highlight your ability to build relationships and contribute positively to the team.