Audit Subject Matter Expert

Deutsche Bank is a client-centric global universal bank. One that is leading change and innovation in the industry - championing integrity, sustainable performance and innovation with our clients, and redefining our culture and relationships with each other.

Overview

Group Audit is focused on identifying potential risk exposure, and offers vital insight into the adequacy of the design and the operating effectiveness of systems of internal control. Both management and banking regulators, value the independent, consistent and objective assurance that is offered through Group Audit.

Group Audit is a global function with people operating from locations all over the world. The structure mirrors that of the bank itself, allowing effective audit of the specific risks facing individual businesses and functions. Working centrally to assess changes in the business and regulatory landscape and make sure that emerging risks are reflected in specific coverage, methodology and training.

Deutsche Bank presents the opportunity to work with industry-leading audit methodology and a state-of-the-art in-house audit system. There is an emphasis on innovation, continuous learning and the sharing of knowledge and ideas.

As an Audit Subject Matter Expert you will be supporting the benchmarking remediation project to ensure a smooth delivery to audit and the regulators.

Key Responsibilities:

- Work with external consultants to facilitate handover of all project documentation relating to the benchmark remediation project, listing and indexing relevant documents for future reference and delivery to audit and regulators as required
- Work across multiple business units to understand the broad control framework for benchmark submissions, to build a risk based Quality Assurance (QA) control plan to be executed by the Client Coverage Group (CCG) Specialist Functions, to ensure the consistent and adequate execution of Front Office controls
- Build relationships with business stakeholders and implement a periodic Business as Usual (BAU) working group to keep updated with regional developments in local benchmarks
- Review key controls for benchmark submissions to produce conflict of interest assessments, and trade and communications surveillance processes
- Assist in the assessment of regulatory requirements by performing a gap analysis of these requirements to current practices and build remediation plans to address any gaps identified
- Assist and deputise for the (CCG) Specialist Functions Head where required

You will have:

- Knowledge and understanding of benchmark submission processes such as London Interbank Offered Rate (LIBOR) and Euro Interbank Offered Rate (EURIBOR) for both survey and transaction based benchmarks
- Knowledge and understanding of control requirements including both risk and conflict of interest assessments
- Experience of working with regulators associated to benchmark submissions such as the Financial Conduct Authority (FCA), European Securities and Markets Authority (ESMA) and International Organisation of Securities Commissions (IOSCO)
- Extensive experience within an Audit background
- Experience of carrying out benchmark submissions within a regulatory environment

You will be:

- Able to work well under pressure, maintaining a professional demeanor
- Experienced in delivering results with proven ability to adapt and be responsive to changing customer, sponsor and stakeholder requirements
- Educated to degree level with relevant industry experience and/or qualifications

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.

Please note that for the duration of this assignment you will be working as an external resource engaged by Resource Solutions based on site at Deutsche Bank.