Chief Executive Office - Principal Auditor - VP

Details of the Division and Team:

The Group Audit (GA) function is a professional, business focused, proactive risk-based global audit team that operates with transparency, integrity and independence, and assists the Bank’s business and infrastructure areas to identify key control weaknesses.

Focused on identifying potential risk exposure, the function offers vital insights into the adequacy of the design and the operating effectiveness of systems of internal control. A global function operating from four hub locations (London, New York, Frankfurt and Singapore) and 30 other locations globally, Group Audit is increasingly relied upon by banking regulators to provide independent, consistent and objective assurance.

What we will offer you: 

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible work arrangement

• Corporate group insurance

• EAP – free and confidential counseling, online work-life resources

• Comprehensive leave benefits

Your key responsibilities:

• As a Principal Auditor (VP) in the Country Audit team in Malaysia, you will work with management and staff within Group Audit based in APAC to lead and deliver audits performed for Malaysia, Indonesia, Thailand, Vietnam and Sri Lanka. You will become an integral member of a diverse high-performing team and supporting the Principal Audit Manager (PAM) in managing the relationship with senior management. This means you will also work closely with other audit teams, for example Anti Financial Crime (AFC), Risk Management, and Corporate and Investment Banking (CB & IB), to provide integrated audit coverage.

• You will also serve as the Chief Internal Auditor (CIA) for Malaysia, responsible for overseeing local internal audit activities, acting as the primary point of contact for Bank Negara Malaysia (BNM), leading the audit risk assessment process, and maintaining effective relationships with local senior management and key stakeholders across the Bank in Malaysia.

• The CIA / Principal Auditor reports to the PAM / Group Audit Country Head (Malaysia, Indonesia, Thailand, Vietnam, and Sri Lanka), based in Kuala Lumpur, responsible for the five countries. They in turn report to the Chief Auditor (CA) for APAC & MEA, further reporting into Head of Audit (HOA) APAC who has direct reporting into Global Head of Group Audit (GHGA).

• Lead risk based and regulatory audits, and deliver them within the stipulated time, in accordance with the audit plan and in accordance with the divisional quality standards.

• Participate and support in the annual risk assessment and audit planning especially with a focus on local regulatory requirements. As part of this, you will support the PAM in driving the audit process, identifying and escalating audit issues and subsequent reporting while ensuring that divisional quality standards are adhered to.

• Create an open and inclusive culture in your role, where the audit team members are encouraged to offer and challenge ideas and practices

• Evaluate the adequacy and effectiveness of internal controls relating to AFC, Risk Management, CB, IB and other areas in accordance with Group Audit methodology and the established risk assessment framework.

• Document process flows, identify risks, assess controls and perform audit testing within the audit application; track and validate closure of internal audit issues and regulatory observations within the application.

• Complete all work assignments on a timely basis, including activity assigned on planned audits, ad hoc projects and special investigations.

• Contribute to the continuous monitoring and Subject Matter Expert (SME) framework, periodic update of auditable area risk assessments and contribute to the annual audit planning process as required.

• Work on ad hoc projects including methodology enhancements and regulatory inquiries. Further work on an integrated basis with fellow team members both locally and globally.

• Develop and maintain professional working relationships with colleagues, the business and other Infrastructure support areas as well as work in an integrated manner with fellow team members both locally and globally.

• Stay abreast of developments within the bank and its strategy, business/industry changes and their effect on the team’s audit plan, audit methodology and risk assessments.

Your skills and experience:

• An overall experience of 12+ years is required, including experience as an Internal Auditor auditing Corporate and/or Investment Banking in a financial institution.

• Bachelor’s Degree or equivalent. KYC, Anti Financial Crime (AFC), Banking & Finance experience is preferred. Ideally coupled with a professional certification (e.g., ACCA, CA, CIA, ACAMS, CFE, etc.). 

• Good knowledge of key banking products and/or operations lifecycle (e.g. KYC, Reference Data services) is beneficial.

• The ability to multi-task assignments and prioritize workloads with minimal supervision.

• Excellent communication skills and fluent in English, both written and verbal with the ability to communicate effectively at all levels.

• An ability and willingness to work in a high-pressure environment and deliver under tight deadlines and defined budgets to agreed targets.

• Excellent project management and presentation skills combined with the ability to work in virtual and global teams

• A firm commitment to maintaining the highest professional and ethical standards, driving integrated working practices.

• Innovative mindset and ability to use AI, develop ideas which can be implemented with a positive impact for the Bank and Group Audit.

• The ability to challenge and be challenged whilst maintaining the highest levels of professionalism

How we’ll support you: 

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here  to see what we do.

Deutsche Bank & Diversity

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.