Principal Auditor Credit Risk Management – Private Bank

Job ID:R0352685Full/Part-Time: Full-timeRegular/Temporary: RegularListed: 2024-09-17Location: Milano

Position Overview

About the team

Group Audit 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 700 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and specialists around the world.

The Credit Risk Management Privat Bank (CRM PB) team is covering credit risk processes of Private Bank Retail and Wealth Management Risk Management in Europe (Italy, Spain, LUX,UK and CH).

Your key responsibilities

• You act as lead for overarching, more complex audits in especially Italy but also Europe region.
• You work independently on audit assignments, evaluating the adequacy and effectiveness of internal controls. Based on the results, you draft and reconcile audit reports. In doing so, you work collaboratively together with experts and other teams in Group Audit
• The audit fieldwork is executed by you in line with the agreed audit approach, e.g. documenting Process Flows, identifying key risks and testing of key controls to determine whether these controls are properly designed and are operating effectively
• You act as the key Credit Risk expert for the Italian Private Bank portfolio.
• You act as challenger to clients in the development of remediation plans and during the issue closure process while proactively keeping abreast of pertinent industry, regulatory and business practices while developing and maintain professional working relationships with colleagues, stakeholders, and respective support areas.

Your skills and experiences

• Bachelor’s Degree (or equivalent) in business administration, economics and/or science from an accredited college or university (or equivalent)
• Awareness of general banking environment and/or awareness of the risks and regulatory requirements (Bank of Italy); experience in the financial industry or some knowledge of auditing standards and concepts would be of advantage
• Fluent English and Italian both verbally and in writing
• Advanced knowledge of Office applications
• Very good analytical, problem solving, relationship management and presentation skills combined with
• the ability to work in virtual, global teams in a matrix organization, openness for occasional travel
• Certifications as CIA, CISA or equivalent qualification in the areas of auditing, project management or process-/quality management would be an advantage

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

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