Group Audit - Principal Auditor, Regulation and Compliance - Assistant Vice President

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Deutsche Bank APAC
  • 18 Feb 18 2018-02-18

Group Audit - Principal Auditor, Regulation and Compliance - Assistant Vice President



Group Audit

The Group Audit (GA) function has over 700 staff located in our four hub locations New York, London, Frankfurt, Singapore and 26 other countries.
The hallmarks of our professional, business focused, proactive risk-based work are transparency, integrity and independence. We assist the bank's businesses and infrastructure functions to identify control weaknesses.

Being Deutsche Bank's ‘third line of defence' we have a high profile in the bank acting as an independent and forward looking challenger and adviser to Senior Management on issues and occurrences and are increasingly consulted for advice by the regulators.
Our global connectivity provides a stimulating environment and the opportunity to collaborate with knowledgeable colleagues and specialists around the world.

Position Overview

As the Principal Auditor joining the Regulation, Compliance and Chief Executive Office team you will lead and/or participate in audits evaluating the adequacy and effectiveness of internal controls relating to Compliance & Regulatory risks, specific to Conduct related designated market activities, in accordance with Group Audit methodology and the established risk assessment framework.

Key responsibilities:

  • Execute Conduct related Compliance & Regulatory risk assessments
  • Undertake audit assignments, draft audit issues for review by audit management, conduct tracking of audit findings and validate closure of audit findings.
  • Liaise with CIB Conduct Team to provide input on Conduct related matters and audits.
  • Develop and maintain broad regulatory knowledge & experience, focusing on Conduct related events. Stay abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments.
  • Pro-actively develop and maintain professional working relationships with colleagues, the business and respective support areas. Work in an integrated manner with fellow team members both locally and globally.
  • Complete all work assignments on a timely basis - including planned audits, ad hoc projects and special investigations.
  • Assist in training other Group Audit staff on Compliance & Regulatory topics.

Substantial part of the work is completed in London and New York, and international travel is required from time to time.

Skills & Qualifications:
  • Understanding of financial concepts and / or operations related to corporate and investment banking, asset & wealth management, private and retail banking.
  • Knowledge in any of the following areas:
    • MiFID (II) / MiFIR
    • MAD (I and II) / MAR
    • SM&CR
    • EMIR
  • The Dodd–Frank Wall Street Reform and Consumer Protection Act
  • Bachelor or master degree with relevant certification or industry accreditation (e.g., CPA, CFA, CIA, NASD Series) and 2+ years of experience in an internal audit role within the financial services / banking industry or a related control function
  • A thorough understanding of banking and brokerage risk and control environment, and knowledge of the regulatory environment specific to Conduct related regulations.
  • Experience with risk and controls pertaining to Surveillance, Control Room, and Compliance Testing functions.
  • Team-oriented with a strong sense of ownership and accountability
  • Strong interpersonal and relationship management skills
  • Pro-active, self-sufficient and innovative with strong organisational skills
  • Highly motivated with the ability to multi-task and remain organised in a fast-paced environment with minimal supervision
  • Resilient under pressure and able to deliver to deadlines
  • Independent in judgment with the ability to challenge and be challenged whilst maintaining the highest levels of professionalism
  • Strong verbal and written communication skills as well as solid analytical skills


Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.