Banking Jobs In Germany | Citi Bank Careers (2)

  Banking Jobs In Germany | Citi Bank Careers (2)   

Banking Jobs In Germany | Citi Bank Careers (2)

Citi Bank announced on its official Linkedin page a vacancy

Senior Auditor, AVP (Hybrid)

Banks in Germany

  • Banks in Germany are renowned for their efficiency and reliability, offering a wide range of services to individuals and businesses alike.
  • With over 1,500 banks operating nationwide, customers have access to an extensive network of branches as well as online banking capabilities.
  • German banks offer competitive interest rates on savings accounts and loans while providing a secure environment for financial transactions.
  • Additionally, the country's regulatory framework ensures that deposits up to €100 000 are protected by the government-backed deposit guarantee scheme which provides further assurance when it comes to investing funds or taking out loans from German banks.

Banker salary in Germany

  • The average salary of a banker in Germany is quite competitive, with an annual mean salary ranging from €50,000 to €80,000.
  • This figure can vary depending on the size and type of bank and the individual's experience level.
  • Bankers in Germany also enjoy other benefits such as bonuses for performance or promotions within their departments as well as access to health insurance plans and pension schemes.
  • As banking continues to be one of the most sought-after professions in Germany due its high salaries and potential for career growth, it is no surprise that many individuals are attracted by this line of work.

Job Porpuse

  • This role directs the timely delivery of high quality; value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi’s respective regulators, globally.
  • Specifically, the primary role will be to provide audit assurance of compliance with applicable German and European regulation (e.g. MaRisk, GWG, CCR). 
  • Product-wise the role’s focus will be on – but is not limited to – AML, Compliance and Corporate Functions.
  • Close co-ordination with Internal Audit teams across Citi in accordance with a matrix responsibility and execution model is also required as is mandatory adherence to all Internal Audit policies and procedures.

Job Responsibilities

  • Perform moderately complex audits including drafting audit reports, presenting issues to the business, and discussing practical solutions.
  • Complete assigned audits within budgeted timeframes, and budgeted costs.
  • Monitor, assess, and recommend solutions to emerging risks.
  • Maintain a complete, comprehensive and accurate auditable universe for the assigned area of responsibility.
  • Monitor assigned business areas to identify any changes in risk profiles or deterioration in the control environment and ensure results are reflected in the quarterly plan refresh.
  • Contribute to the development of audit processes improvements, including the development of automated routines.
  • Apply internal audit standards, policies, and regulations to provide timely audit assurance and influence audit scope.
  • Develop effective line management relationships to ensure strong understanding of the business.
  • Develop and maintain relationships with key business contacts.
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • Work collaboratively on assignments with Internal Audit teams in the Citi matrix.
  • Keep abreast of evolving German and European regulations and ensure that these are appropriately addressed in Internal Audit’s risk assessment and audit planning process.

Knowledge, Skills And Experience

  • Suitable Audit experience ideally gained from within financial institutions with complex and diverse products and customers.
  • University degree (BA/BSc or MA/MSc) in business/ finance/ economics as well as financial services experience.
  • Recognized professional qualification (CA, CPA, CFA, CIA).
  • Good understanding of operational risk management and control best practice across the financial services industry together with extensive knowledge of MaRisk, and a high degree of familiarity with European financial sector regulation more generally. 
  • Articulate and effective communicator in English and German, both orally and in writing, with an energetic, charismatic and approachable style.

Effective project management skills

  • Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.
  • Strong interpersonal skills for interfacing with all levels of internal and external audit and management.

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