Principal Auditor Anti-Financial Crime

  • Deutsche Bank
  • London, United Kingdom
  • Jul 18, 2017
Full time Finance

Job Description

Group Audit

The Group Audit (GA) function comprises over 700 staff located in our four hub locations New York, London, Frankfurt, Singapore and 26 other countries across the globe.

The 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.

The GA team prides itself in ensuring the highest standard in professional delivery. The function provides a systematic, disciplined approach to examine, evaluate and report objectively on the adequacy of both the design and operating effectiveness of the systems of internal control and the effectiveness of risk management and governance processes.

Being Deutsche Bank’s ‘third line of defence’ we have a high profile in the Bank acting as an independent and forward looking challenger and adviser to Senior Management and are increasingly relied upon by the Regulators.

Our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with intelligent colleagues and specialists around the world. Our colleagues are known for their agile minds, looking beyond the obvious, and challenging the status-quo in an open-minded, collaborative way. We consistently invest in our people, offering genuine opportunities for development and advancement.


Position Overview


Job title: Principal Auditor Anti-Financial Crime
Corporate title: Vice President
Division: Group Audit
Location: London


You will report to the Principal Audit Manager (PAM) responsible for Anti-Financial Crime (AFC) United Kingdom, who in turn reports to the Chief Audit (CA) AFC. Your role focuses on assisting the PAM in the development of a risk-based holistic coverage of Anti-Money Laundering, Anti-Bribery & Corruption and Anti-Fraud processes including the execution of Know Your Client (KYC) coverage on a risk focused basis.

Key Responsibilities:

  • Evaluating the adequacy and effectiveness of internal controls relating to AFC risks in accordance with Group Audit (GA) methodology and the established risk assessment framework
  • Conducting an AFC risk assessment for the United Kingdom region and contributing to risk assessment / business monitoring conducted at the country level by country heads and divisional auditors
  • Undertaking audit assignments, draft audit issues for review by audit management, facilitating issue tracking and validating closure of issues
  • Participating in meetings with business auditors and providing input business lead audits
  • Pro-actively developing and maintaining professional working relationships with colleagues, the business and respective support areas and working in an integrated manner with fellow team members both locally and globally
  • Assisting in training other GA staff on AFC and oversee execution of the AFC audit program.

Skills & Qualifications:

  • Significant experience within financial services in an AML/Compliance/KYC function or other relevant roles
  • Internal audit and /or practical experience within the financial services industry covering Anti-Financial Crime topics (e.g., AML/KYC, Anti-bribery and corruption, Anti-fraud)
  • Thorough understanding of banking risk and control environment, regulatory changes and in depth knowledge of the regulatory environment specific to AFC. 
  • Educated to Bachelor’s degree level or equivalent qualification / work experience and a relevant professional qualification (e.g., ACAMS)
  • Proven record of excellent written / verbal communication skills and be able to communicate effectively at all levels within Group Audit and with the client
  • Proven track record of operating in an audit role, including leading and delivery audits and is now seeking to apply these skills within a global Subject Matter Expert (SME) and local product capacity closely supporting the Principal Audit Manager 
  • The ability to multi-task assignments and prioritise their workload with minimal supervision
  • Highest professional and ethical standards, personal gravitas and the ability to stand ground when challenged are important to the success of the role

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.