Lead/ Senior Principal Auditor, VP

Role Description

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.

Your key responsibilities

• In this role you will support the Principal Audit Manager in the delivery of finding validations with a primary focus on Chief Risk Office (CRO) topics and further the coordination of validations with other audit teams. Responsibility-ties will include handling of validations of complex Significant Findings across the team, for completion on time, on quality, and on budget, as well as oversight and guidance of other involved auditors including monitoring and acceptance of their documentation in order to present finalized and quality-assured results to the PAM for sign-off.
• Within the team you will lead by example and guide auditors in the processing of work pack-ages. You act as a coach to further develop the experience and competence level of the whole team. Assess finding validations by conducting walkthroughs, identify risks and controls, define test plan, and conclude on the test plan.
• Completion of assigned work orders within agreed timeframes, as well as coordination and timely escalation when necessary, involving all relevant stakeholders including the PAM.
• Support the PAM in coordinating (scheduling, staffing, monitoring timely execution) validations as part of the annual audit plan, in close cooperation with the other IT audit teams.
• Keep abreast of regulatory and audit related developments in the industry and ensure effective communication to enhance regulatory knowledge throughout the wider GA team.
• Communicate openly with stakeholders in the various locations, and partner with the audit teams responsible for auditing business processes and controls.
• Proactively build and maintain professional working relationships with colleagues, other parts of the business and respective support areas. This also includes experience-based support in the further development of methodological approaches.

Your skills and experience

• Deep understanding and/or extensive experience auditing Chief Risk Office (CRO) functions within an investment bank, specifically covering market, credit and/or model risk.
• Comprehensive knowledge of relevant financial industry regulations and supervisory expectations pertaining to risk management
• Bachelor's degree in Accounting, Finance or related discipline. Advanced Degree (e.g., Masters, Juris Doctor) and professional certification (e.g., CPA, CIA, CFA, FRM, 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.
• Strong analytical skills and structured thinking with the ability to clearly describe control weaknesses and associated risks. Flexible, proactive and innovative attitude with very strong organizational skills to meet agreed objectives such as timely and efficient completion of audit projects within agreed budget.
• Ability to lead and coordinate several audit projects in parallel, including oversight over scope completion and quality of work.