Dbmn - Principal Auditor, Credit/Model Risk - Avp

Deutsche Bank; Philippines; On-site; PHP 2,000,000 - 3,500,000; Full time

Benefits offered by this job

Health and wellness benefits

Specialized employee groups

Networking across functions

Job summary

Deutsche Bank in Manila is seeking a Principal Auditor, Credit/Model Risk at AVP level to join Group Audit. You will partner with the PAM, overseeing validation work, assessing risk and controls, and communicating findings to senior management.

The role emphasizes proactive collaboration, timely escalation of risks, and strong relationship-building across the department. The ideal candidate has a bachelor’s degree in accounting/finance, relevant audit experience in financial services, and strong

Qualifications

• Bachelor's degree in Accounting or Finance; advanced degree or professional certification preferred.
• Experience in an audit function within financial services, with leading audits or validations.
• Knowledge of regulatory requirements and risk/control environments.
• Proven ability to build meaningful relationships across teams and functions.
• Excellent verbal and written communication skills.

Responsibilities

• Work with the Validation PAM on the Validation book of work.
• Assess validations, identify risks and controls, define test plans and conclude on tests.
• Assess exceptions materiality and conclude.
• Stay updated on regulatory developments and communicate findings to GA team.
• Escalate emerging risks to senior management and support reporting.
• Build strategic internal and external relationships to enhance performance.
• Report status of validation coverage and elevate delays or gaps.

Skills

Audit experience

Regulatory knowledge

Relationship building

Communication skills

Education

Bachelor's degree in Accounting/Finance

Advanced degree or professional certification preferred

Job description

DBMN - Principal Auditor, Credit/Model Risk - AVP

Company: Deutsche Bank

Job Type: Full Time

Job Description - DBMN - Principal Auditor, Credit/Model Risk - AVP

Job Description:

Job Title: Principal Auditor

Corporate Title: Assistant Vice President

Location: Manila

Overview

As a global function of approximately 850 team members, Group Audit (GA) is the bank's 'Third Line of Defence' acting as an independent and forward-looking challenger and adviser to Senior Management. We are also strongly relied upon by local regulators. We closely partner and collaborate with all Group business and infrastructure areas. This includes the Investment Bank, Corporate Bank and International Private Bank businesses, and Technology, Anti-Financial Crime, Compliance, Risk, Finance and Operations infrastructure functions.
A diverse and inclusive culture is at the core of our team dynamic, with strong corporate and ethical governance as a driving philosophy. New joiners are supported with a structured and comprehensive career programme.

What We Offer You:

• We offer competitive health and wellness benefits, empowering you to value life in and out of the office

• Active engagement with the local community through Deutsche Bank’s specialized employee groups

• An environment that encourages networking and collaboration across functions and businesses

Your Key Responsibilities:

The Principal Auditor is responsible for working with the Validations Principal Audit Manager (PAM) on the Validation book of work. The core responsibilities of the role are:

• Assess finding validations by conducting walkthroughs, identify risks and controls, define test plan, and conclude on the test plan.

• Be able to assess exceptions materiality and conclude.

• Keep abreast of regulatory and audit related developments in the industry and ensure effective communication to enhance regulatory knowledge throughout the wider GA team.

• Act as a role model by being proactive and support the team and broader department.

• Escalate key emerging risks to senior management through the appropriate forums – such as ad hoc communications, monthly/quarterly control reports, and management meetings.

• Build strategic relationships internally and externally to enhance the department’s performance and maximize stakeholder support for the department.

• Support the PAMby regularly reporting on the status of the validation coverage and timely elevate any delays or coverage gaps, if required

Your Skills and Experience:

• Bachelor's degree in Accounting, Finance or related discipline. Advanced Degree (e.g., Masters, Juris Doctor) and professional certification (e.g., CPA, CIA, CAMS, CFE, etc.) preferred.

• In depth experience of working in an audit function within the financial services industry, with strong experience of leading audits or finding validations within a fast-paced business environment.

• Good knowledge of regulatory requirements, and a thorough understanding of the risk and control environment within the financial services industry.

• Demonstrated experience in proactively building meaningful relationships.

• Excellent verbal and written communication skills, with the ability to articulate complex issues/data simply and clearly.

How We’ll Support You

• Training and development to help you excel in your career, including from a dedicated in-house audit training team;

• Flexible working to assist you balance your personal priorities;

• Coaching and support from experts in your team and mentoring from across the department;

• A culture of continuous learning to aid progression.

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network.

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.