Internal Auditor

European Depositary Bank SA ("EDB") is part of the Apex Group. As an independent provider free from institutional influences we can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.

Our powerful global infrastructure and breadth of technical experience enables us to provide market leading solutions tailored to benefit our clients.

Our vision is to be the leading provider of Banking, Depositary and Custody services to Asset Managers, Family Offices, Institutional Investors and Corporates.

Our company was founded in 1973 in Luxembourg. As a wholly owned subsidiary of Hamburg-based private bank M.M.Warburg & CO (AG & CO) KGaA, we made it possible for institutional investors to directly access the Luxembourg financial market. This makes us one of the most experienced depositaries for traditional and alternative investment structures in the Grand Duchy. In 2017 the bank was acquired by the Apex Group and renamed to the European Depositary Bank (EDB) in 2019.

We currently hold fund and securitisation structures with a total value of $260 billion. This is mainly allocated to alternative investments, including real estate, private equity, private debt and renewable energies & infrastructure (as of March 31, 2024).

For the avoidance of doubt we do not deal with retail clients. We neither offer any securities (bonds, shares, notes etc.) nor do we act on behalf of any other financial institution to offer such securities to any clients.

We are currently looking for an Internal Auditor to join our Internal Audit team. If you are an experienced audit professional looking to take on greater responsibility within a dynamic and growing organization, we would be delighted to hear from you.

The Role & Key Responsibilities

• Reporting directly to the Chief Internal Auditor.
• Leading the preparation and execution of the risk-based annual and multi-year internal audit plan.
• Managing and overseeing internal audit engagements from planning through to reporting, ensuring audits are delivered effectively and on time.
• Supervising, coaching, and supporting junior audit team members, fostering their professional development.
• Evaluating the adequacy and effectiveness of governance, risk management, and internal control frameworks.
• Acting as a trusted advisor and key contact for senior management and department heads on internal audit and internal control matters.
• Reviewing audit findings and recommendations, ensuring high-quality deliverables and clear communication to stakeholders.
• Overseeing the follow-up process to ensure timely implementation of agreed audit actions and recommendations.
• Supporting the preparation and presentation of Internal Audit reports to the Board, Audit Committee, and various Group committees.
• Leading special reviews, investigations, and advisory projects as requested by management or the Board.
• Contributing to the continuous improvement of Internal Audit methodologies, processes, and procedures.

Skills & Experience Required

• Bachelor's or master’s degree in business administration, Economics, Finance, Accounting, or a related field.
• Professional qualifications such as CIA, ACCA, CPA, CISA, or equivalent is highly desirable.
• Minimum of 8-10 years of audit experience within the financial services sector, including experience in a senior or managerial position.
• Strong knowledge of internal audit methodologies, risk management frameworks, and internal control concepts.
• Excellent analytical and problem-solving skills, with the ability to assess complex processes and identify key risks.
• Strong leadership, organizational, and project management skills.
• Proven ability to build relationships and influence stakeholders at all levels of the organization.
• Excellent communication and report-writing skills.
• Advanced knowledge of Microsoft Office applications.
• Fluent in English, both written and spoken; German and/or any other European language would be considered an advantage.

What You Will Get in Return

• A highly visible role with exposure to senior leadership and key business stakeholders.
• The opportunity to contribute to the governance and risk management framework of a fast-growing global organization.
• A collaborative, dynamic, and international working environment.
• The chance to lead impactful projects and drive continuous improvement initiatives.
• Opportunities for ongoing professional development and career progression.
• The opportunity to work with a diverse, agile, and global team.

Please note that a background check will be conducted as part of the hiring process once a job offer has been made. In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.