In Scope of Position-Based Promotions
Job Title: Principal Auditor – APAC & MEA Fungible Audit Team
Corporate Title: Assistant Vice President
Location: Mumbai, India
Role Description
The Group Audit (GA) function comprises approximately 850 team members who take a proactive, risk-based and independent approach to assist the Bank’s business and infrastructure functions in identifying key control weaknesses. As the Bank’s “Third Line of Defence”, GA acts as an independent and forward-looking challenger and adviser to Senior Management and is strongly relied upon by Regulators.
The Asia Pacific, Middle East and Africa (APAC & MEA) Fungible Audit Team provides flexible audit capacity across priority regional, country and portfolio demand. The team supports high-quality audits, finding validations, thematic reviews and other approved assignments in accordance with Group Audit methodology, helping the region respond effectively to changing risks, priorities and demand.
The Principal Auditor will undertake audit assignments and workstreams across different businesses, functions and jurisdictions. The role will assess risks and controls, execute audit testing, develop clear and evidence-based conclusions and contribute to high-quality audit reports and finding validations.
The role will work collaboratively with the Principal Audit Manager, Lead Principal Auditors, relevant audit teams and subject-matter experts to provide “front-to-back” and “joined-up” assurance. Assignments will be determined according to the approved team capacity plan, business and regulatory priorities, individual skills and development requirements.
This role provides an opportunity to develop broad audit experience through varied assignments and exposure to multiple portfolios and jurisdictions while contributing to a collaborative, inclusive and high-performing India-based team.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,
Best in class leave policy.
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above
Your key responsibilities
Undertake audits, finding validations, thematic reviews and other approved assignments across agreed APAC & MEA regional, country and portfolio priorities.
Support audit planning by developing an understanding of the relevant business processes, products, risks, controls and regulatory requirements.
Document activity flows, identify key risks and controls, develop testing approaches and assess whether controls are appropriately designed and operating effectively.
Execute audit testing in accordance with the approved audit programme, Group Audit methodology, quality standards and agreed timelines.
Maintain clear, complete and accurate audit workpapers that support the testing performed and conclusions reached.
Analyse audit evidence critically, identify control weaknesses and assess their potential impact and materiality.
Contribute to the development of clear, concise and evidence-based audit findings, reports and other audit deliverables.
Discuss potential findings with audit management and stakeholders, incorporating relevant evidence and challenge while maintaining professional independence.
Review remediation action plans and assess whether proposed actions are sufficiently clear, sustainable and aligned with the identified risk.
Undertake finding validations by conducting walkthroughs, identifying relevant risks and controls, defining and executing test plans and reaching supported conclusions.
Escalate emerging risks, potential issues, testing exceptions, delivery dependencies and delays promptly to the audit lead or Principal Audit Manager.
Support business monitoring and risk-assessment activities to help identify changes in the risk environment and inform audit prioritisation.
Work collaboratively with Lead Principal Auditors, subject-matter experts and other Group Audit teams to support an integrated and “joined-up” audit approach.
Adapt effectively to assignments across different businesses, functions and jurisdictions, applying existing knowledge while developing capability in new audit areas.
Build and maintain constructive professional relationships with colleagues and stakeholders across the organisation.
Present complex matters clearly and professionally, both verbally and in writing, and reduce complex topics to understandable messages.
Keep abreast of relevant industry, regulatory, business and auditing developments and share relevant knowledge with the wider team.
Take ownership of personal development, actively seek feedback and pursue opportunities to broaden audit, product and regulatory knowledge.
Support new colleagues and contribute positively to an inclusive, collaborative and high-performing team environment.
Your skills and experience
Relevant experience in internal audit, external audit, risk management, controls or another related role within financial services.
Experience in executing audits, finding validations, risk assessments or control-assurance reviews within a fast-paced business environment.
Knowledge of internal auditing standards, risk and control concepts and the three lines of defence model.
Audit or business knowledge in one or more relevant areas, such as Corporate Bank, Investment Bank, banking operations, technology, risk, compliance, finance or other infrastructure functions.
Good understanding of the control environment and regulatory expectations within the financial-services industry.
Strong analytical and critical-thinking skills, with the ability to evaluate evidence, identify control weaknesses and reach balanced conclusions.
Excellent written and verbal communication skills, with the ability to articulate complex issues and information simply and clearly.
Strong relationship-management, problem-solving, planning and organisational skills.
Ability to work effectively across different businesses, functions and jurisdictions and to develop knowledge rapidly when assigned to new audit areas.
Ability to work collaboratively in virtual and global teams within a matrix organisation.
Ability to manage competing priorities and deliver high-quality work within agreed timelines.
A proactive approach to personal development, knowledge sharing and continuous improvement.
Experience of working across Asia Pacific and familiarity with the Middle East and Africa would be advantageous.
A bachelor’s degree or equivalent is required. Relevant professional qualifications, such as CA, CPA, CIA, CISA or equivalent, are preferred.
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
How we’ll support you
Training and development to help you excel in your career.
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.
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
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.
