Principal Auditor/ Auditor – US Financial Risk (Credit) - Assistant Vice President

Deutsche Bank•New York, NY

1d•$100,000 - $153,000•Hybrid

About The Position

Group Audit (GA) is the bank’s Third Line of Defense, acting as an independent and forward-looking challenger and adviser to Senior Management and working closely with business and infrastructure areas. The US Financial Risk team audits Market, Model, and Credit risk. This role focuses on auditing credit risk management activities across the Corporate & Investment Bank and International Private Bank, spanning a range of products and business areas. The work covers credit risks, internal controls, and regulatory and market developments. The Principal Auditor/Auditor works with the Principal Audit Manager on the team’s book of work and serves as a Credit Risk subject matter expert. The role assesses credit risk management and the design and operating effectiveness of internal controls; plans, conducts, and documents audit testing; collaborates with audit and control teams; communicates findings and recommendations; and supports audited areas in developing and completing remediation measures. The position is based in New York City and follows the Bank’s hybrid working model, with an expectation of working in the New York City office in accordance with that model.

Requirements

Bachelor’s degree in a relevant discipline or other relevant qualification.
Strong knowledge of credit risk management and associated regulatory requirements.
Experience assessing control design and supporting evaluation of control effectiveness related to credit risk management.
Proven ability to use AI tools to enhance productivity and optimize workflows to solve business problems, applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Nice To Haves

Professional experience in Credit Risk Management as a second line of defense.
Strong organizational skills and ability to manage competing priorities and deadlines.
Excellent verbal and written communication skills, including the ability to explain complex issues and data simply and clearly.
Strong analytical skills with a solution-oriented and client-focused approach.

Responsibilities

Work with the Principal Audit Manager on the team’s book of work.
Independently assess the identification, measurement, monitoring, and management of credit risk across business lines and products as a Credit Risk subject matter expert.
Evaluate the design and operating effectiveness of internal controls by conducting walkthroughs, identifying key risks and controls, developing test plans, executing testing, and documenting conclusions and audit results to defined timelines and quality standards.
Collaborate with audit teams, Risk Management, and other control functions to ensure coordinated and effective audit coverage.
Clearly communicate audit findings, risk insights, and actionable recommendations to management and relevant stakeholders.
Support audited areas in developing remediation measures and monitor their implementation through completion.
Monitor industry-specific and regulatory developments and build and maintain a professional network with stakeholders and colleagues within Group Audit.