Lead Principal Auditor - Credit Risk

Job Description:

Job Title Deputy Principal Audit Manager

Corporate Title Vice President

Location New York, NY

Overview

The Group Audit (GA) function comprises c. 700 staff who take a proactive, risk based and independent approach to assist the Bank’s business and infrastructure functions to identify key control weaknesses. GA prides itself in ensuring the highest standard in professional delivery. Being Deutsche Bank’s ‘third line of defense’ GA have a high internal profile, acting as an independent and forward-looking challenger and adviser to Senior Management. We are strongly relied upon by the Regulators. We are a diverse and inclusive global division where culture is at the core of our team dynamic; GA is inextricably linked to promoting strong corporate and ethical governance, a philosophy that it is the responsibility of each, and every Professional employed within Deutsche Bank; GA is about trust, excellence, people, and performance.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• The Deputy Principal Audit Manager (Deputy PAM) typically leads highly complex audits of a specific business/functional area/region, and evaluates the adequacy and effectiveness of internal controls relating to risks within those business areas
• Support the PAM in managing a portfolio of audits and will actively contribute to global audit initiatives
• In addition to audit related tasks, the Deputy PAM can take over responsibility from the PAM to direct and coach/develop auditors but will not directly have team management responsibility
• Proactively develop and maintain professional consultative working relationships with the internal Audit function, clients and respective support areas and will use a range of approaches to collect relevant information to assess key risks, resolve major issues or carry out tasks across a portfolio
• Represent the division at committees and forums, both internally and externally. The Deputy PAM can lead discussions with regulators
• Facilitate the tracking of and validating closure of internal audit issues and regulatory findings. Perform business monitoring and risk assessments enabling the prioritization of audit delivery

How You’ll Lead

• Experience in coaching and developing junior staff
• Act as the escalation point between your team and the Credit Risk Management/Market Risk Management stakeholders during audit delivery or finding validation
• Ability to have challenging conversations with members of your audit team and identifying any skill gaps

Skills You’ll Need

• Subject Matter Expertise within Credit and Model Risk. Experience in managing audit staff to deliver timely audit completion
• Someone with an inquisitive mindset who isn’t afraid to ask questions until the process is understood
• Ability and willingness to work in a high-pressure environment and deliver under tight deadlines. Ability to project manage your time and that of others to ensure audit completion
• Team working capabilities and the ability to build strong business and team relationships
• Undergraduate or equivalent degree required; advanced degrees and relevant professional certifications preferred but not required

Skills That Will Help You Excel

• Experience with People Managing skills

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model. 

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $125,000 to $203,000.  Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.  Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. T