(Senior) Associate (f/m/d) – Internal Audit – Regulatory and Technology Assurance Lead Siemens Bank

Siemens AG; München; On-site; EUR 110,000 - 150,000; Full time

Benefits offered by this job

Hybrid working model

Relocation support

Employee share plans

30 leave days

Job summary

Siemens AG seeks an experienced IT Risk & Audit professional to join CF A in Munich. You will lead end-to-end IT risk-based audits, design risk-based programs, and coordinate with management and external auditors to enable measurable improvements across global IT environments.

With 7+ years in financial services or IT, you will apply knowledge of controls, governance, and standards (MaRisk, BaFin, DORA) while leveraging AI and data analytics to enhance audit effectiveness.

Qualifications

• Proven IT risk and control experience within financial services or IT functions of large organizations.
• Strong academic background with a degree in Banking, IT, Business or Engineering.
• Certified in relevant domains (CISA/CISSP) is an advantage.

Responsibilities

• Identify and assess key IT risks across Siemens Financial Services and related IT environments.
• Lead end-to-end IT risk-based audits and project-audits across multiple IT topics.
• Design and execute risk-based audit programs and control assessments.
• Drive audit planning, scoping, budgeting, and analyses to identify risks.
• Independently drive assurance objectives and actionable recommendations.
• Coordinate with auditees, senior management and external auditors to ensure quality
• Enhance methodologies using AI, automation and data analytics.
• Promote digital audit use cases with data analytics teams.

Skills

IT risk

IT controls audits

IT governance

Cloud environments

AI auditing

Data analytics

English

German (nice)

Education

Bachelor's degree in IT / Banking / Business / Engineering

Tools

COBIT

ITIL

CISA/CISSP

Job description

Accelerate your career. Our mission at Controlling and Finance Assurance (CF A) is to provide objective, factual and independent foresight to help Siemens be excellent and to improve the overall success of the company. As a business partner to Siemens’ management, we apply our expertise in a wide range of topics to create organizational impact. Collaborative ecosystems help create and use innovative methods for better assurance. We offer an inspiring, diverse and inclusive environment for our people to develop professionally and personally. Our core values, being respectful, curious, humble and open, define how we work together as a department.

As Siemens is creating technology to transform the everyday for everyone, the Technology & Financial Audit Practice plays a pivotal role in providing assurance to the Managing Board and the Audit Committee. We cover a wide range of technology and finance-related global audit topics such as assurance over entire digital ecosystems, AI and data governance, SW development, major IT transformations, customer project execution, organizational maturity at small / mid-size entities, sustainability reporting or new digital products and business models.

To deliver on our vision of being pioneers in assurance and a talent incubator for Siemens, CF A offers a unique Grow and Development Model. We believe int the concept of lifelong learning and therefore encourage our people towards a mindset where continuous upskilling and reskilling becomes a natural part of our career. We invest in our expertise and therefore provide continuous career coaching, training and mentoring, all whilst working with top Siemens business leaders on multiple high-profile projects around the world. This is your chance to build your network within the company and become part of a truly international and innovative team.

To solve the biggest challenges of our time, we need bright minds with the ambition to make the impossible possible. Siemens is your place to thrive, challenge the status quo, make a difference and grow in a team of pioneers who share your passion for technology.

Discover more about CF A: Siemens Controlling and Finance Assurance

You’ll make an impact by:

• Identify and assess key risks across Siemens Financial Services / Siemens Bank, including digital environments, IT transformation programs, and evolving business models.
• Lead end-to-end audit engagements (e.g., regulatory annual audits and project-accompanying audits) across various IT topics.
• Design and execute risk-based audit programs and control assessments to address identified exposures.
• Drive audit planning, scoping, and budgeting, supported by targeted analyses to identify key organizational risks.
• Independently drive assurance objectives, aligning conclusions and actionable recommendations to enable measurable organizational improvements.
• Lead stakeholder engagement with auditees and senior management to coordinate audit planning, present findings, secure alignment, and drive implementation of recommendations.
• Build and maintain a strong internal network across Siemens businesses and functions to strengthen audit impact and collaboration.
• Challenge and enhance audit methodologies, leveraging AI, automation, and data analytics to increase audit effectiveness and efficiency.
• Promote and develop digital audit use cases in partnership with data analytics teams to expand coverage and deepen assurance insights.
• Collaborate effectively with external auditors to ensure coordinated, efficient, and high-quality audit execution.
• Execute audits in accordance with CF A’s Agile Audit Framework.

This is how you’ll win us over:

• Education & Experience: Proven track record of career development including 7+ years of professional experience in a financial services or IT function within Siemens, an IT organization of a regulated financial institution or alternatively in a financial services practice of a ‘Big 4’ / leading consulting firm.
• Strong academic history with a degree ideally in Banking, IT, Business or Engineering.

Expertise & Skills:

• Comprehensive IT risk expertise, including general IT controls audits and IT governance across diverse IT infrastructures such as Cloud environments, ERP systems, operating systems, databases, networks and security tools. Experienced knowledge in auditing AI is advantageous.
• Detailed knowledge of process‑oriented audit approaches in accordance with current standards (e.g. IDW, DIIR) as well as relevant frameworks (CobiT, ITIL) and regulatory requirements (MaRisk, BaFin, BaIT, DORA, EBA and MAS).
• Strong desire and drive to develop into a business or functional role after 3-5 years in audit.
• Understanding of IT risk management and assurance principles, along with basic logic programming is beneficial.
• Excellent communication skills to summarize and describe audit results.
• Professional certification e.g. CISA, CISSP, or in COBIT, ITIL is an advantage.

Languages:

Fluency in English, German is a plus.

Additional: Flexibility to travel (up to 20%, incl. international travel) and embracing our hybrid working model is essential.

As part of our team, you will have:

• A hybrid working model comprising 2 to 3 days of working from the office per week.
• Attractive remuneration package and relocation support (if needed).
• CF A Grow & Development program for both professional and personal growth.
• 30 leave days and a variety of flexible working models that allow time off for you and your family.
• Access to employee share plans.

Since each of over 300,000 employees feels that other benefits are particularly important, and we cannot list our entire benefit portfolio here, you can find more information here. The individual benefits are subject to regulatory, contractual, or corporate conditions.

You are much more than your qualifications, and we believe in the potential of every single candidate. We look forward to getting to know you!

At Siemens, we believe that feeling valued and included is the foundation for doing great work. That’s why we aim to create an inclusive workplace where everyone feels a sense of belonging, and where individual perspectives and experiences are celebrated. Our commitment to fairness and respect extends to every applicant.

As an equal opportunity employer, we welcome applications from individuals of all backgrounds and particularly encourage applications from persons with disabilities.

About us.

Our global, diverse team is ready to support, challenge, and inspire you, helping you grow in countless ways. Together, we’ll embark on an exciting journey of discovery. Who knows where this path will lead? Join us and take an active role in shaping your future!