Details of the Division and Team:
The Deputy Principal Audit Manager ("Deputy PAM") within the IB Technology audit team reports into a Principal Audit Manager (PAM) based in Singapore, who in turn reports into the IT Chief Auditor (CA). The CA has global responsibility.
The Deputy PAM typically leads complex audits within the technology division and evaluates the adequacy and effectiveness of internal controls relating to risks within these functional areas. They will have responsibility for a sizeable portfolio that spans across regions / legal entities / global functions. The Deputy PAM supports the PAM in managing a portfolio of audits and will actively contribute to global audit initiatives.
In addition to audit related tasks, the Deputy PAM can take over responsibility from the PAM to direct and coach/develop auditors but will not directly have team management responsibility.
The Deputy PAM proactively develops and maintains professional consultative working relationships with the internal Audit function, clients and respective support areas and will use a range of approaches to collect relevant information to assess key risks, resolve major issues or carry out tasks across a portfolio. He/she will work independently in a co-operative manner with subject matter experts and other teams from across the function and outside the function to provide ‘front-to-back’ audit coverage and actively contribute to the delivery of team plans in support of the functional and business strategies. The Deputy PAM may represent the division at committees and forums, both internally and externally.
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 benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender Neutral Parental Leave
- Flexible working arrangements
- 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement
Your key responsibilities:
- Leads complex / global / regional audits covering the Investment Banking technology and TDI COO functions, as well as regulatory requirements, evaluating the adequacy and effectiveness of internal controls relating to the underlying risks.
- Plan and execute audit fieldwork in line with the agreed audit approach e.g. documenting Activity Flows, identification of key risks, testing of key controls to determine whether they are properly designed and are operating effectively and documenting work in accordance with divisional standards.
- Drafts audit findings for review by the Principal Audit Manager, facilitates issue tracking and validates them to closure.
- Performs risk assessments of auditable areas and assists the PAM in the annual audit planning exercise.
- Leads the preparation and coordination of regulatory submissions in APAC.
- Partners with other divisional/teams during audit engagement to guarantee an integrated approach.
- Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans.
- Completes all assigned audit work in line with agreed budgets, including ad hoc projects and special investigations.
- Tracks audit findings for validation and acts as a competent partner and challenger to clients in the closure process of findings.
- Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.
- Presents complex and sensitive messages (such as audit issues) comprehensively, professionally and reduces complex topics to simple statements.
- Proactively keeps abreast of pertinent industry, regulatory and business practices, and can also lead discussions with the regulators as required.
- Establishes and maintains a client service/relationship approach with clients in order to understand their business needs. Interprets stakeholder feedback on key business developments/risks and understands the clients’ marketplace in order to address their needs and expectations while delivering ‘one voice’ to the client in all communications and correspondence.
- Whilst the role is based in Singapore, the Deputy PAM may also be responsible for coverage of other overseas locations depending on the scope of the audit engagement.
- Taking ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution.
- Reinforcing an environment where people management and development is a key priority.
- Acting as a role model for new employees, providing help and support to facilitate early integration and assimilation of the new environment.
Your skills and experience:
- 12 years of direct IT audit experience across APAC countries and relevant technology regulatory requirements.
- Exposure to IB and CB or similar applications and technologies (e.g. SWIFT, e-trading platforms, digital payment systems, etc.), as well as robust knowledge of capital markets processing, with demonstrable experience in IT auditing in an investment banking context (e.g., audits of automated business controls).
- Experience auditing IT applications supporting trading and the trade processing lifecycle F2B, including operations. Relevant instruments could include interest rate products, credit products, commodities, futures, and foreign exchange products. Knowledge of algorithmic and high-frequency trading processes would be beneficial.
- Expertise in auditing IT General Controls for applications and related infrastructure.
- Comprehensive experience in risk-based auditing and a clear understanding of the relationship between IT risk and underlying business risk.
- Understanding of the banking regulatory environment.
- Communication skills, with the ability to communicate clearly, both orally and in writing, in a logical and structured manner.
- Proven track record of relationship management, analytical, problem-solving, communication, influencing, planning, and presentation skills.
- Ability to work in a fast-paced business environment.
- Experience in working in virtual, global teams in a matrix organization, transfer knowledge, and develop the capability of team members.
“Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies.”
How we’ll support you:
- 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
- Coaching and support from experts in your team
About us and our teams:
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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
