Senior Auditor

Key Responsibilities

JOB DESCRIPTION
• Manage individual audit assignments end-to-end (planning, fieldwork, reporting), delivering high-quality findings and recommendations in line with ASD methodology and internal auditing standards.
• Develop risk-based audit plans for assigned entities and corporate departments/divisions, defining scope, objectives and testing strategies aligned to Group policies and CSSF regulatory requirements.
• Evaluate the adequacy and effectiveness of internal controls across private banking, wealth management, asset management and fund business activities, including AML and KYC aspects.
• Identify control weaknesses, instances of non-compliance with regulations or internal policies, and propose clear, actionable recommendations.
• Apply sound audit techniques, perform testing and analysis, and document work and conclusions in line with ASD quality standards.
• Review controls designed to ensure compliance with policies, plans, procedures and business objectives, highlighting control gaps and residual risks.
• Draft clear, well-structured audit findings and formal audit reports in English for senior stakeholders, including issues, root causes, risk implications and agreed management actions.
• Discuss audit findings with Management in private banking and support functions, ensuring alignment on issues, risk ratings and remediation plans.
• Coordinate and interact with members of the ASD audit team globally, sharing knowledge and supporting group-wide initiatives.
• Follow up on the implementation status of significant audit recommendations, monitoring progress and escalating delays where necessary.
• Participate in ad hoc investigations or special reviews requested by the Audit Committee and Management.
• Undertake audit assignments outside Luxembourg (generally 2-week trips in Europe), providing cross-border audit coverage (up to approx. 20% travel).
• At least 5 years’ audit experience in a Big 4 environment or in the internal audit function of major European private banks.
• Solid experience in internal audit of private banking, wealth management, asset management and fund business, including portfolio management activities.
• Strong knowledge of CSSF regulations applicable to private banking, wealth management, asset management and fund business.
• Sound understanding of internal auditing professional standards, guidelines and procedures.
• Excellent English oral and written communication skills and French is an advantage
• Willingness and flexibility to travel up to approximately 20% of working time, mainly in Europe.
• Strong analytical and problem-solving abilities, able to interpret complex information and identify control weaknesses and improvement opportunities.
• Excellent communication skills, with the ability to adapt style to senior management and global colleagues.
• Team-oriented mindset, positive attitude and strong interpersonal skills, able to build effective relationships with senior management and ASD team members globally. Experience
• At least 5 years’ audit experience in a Big 4 environment or in the internal audit function of major European private banks.
• Solid experience in internal audit of private banking, wealth management, asset management and fund business, including portfolio management activities.
• Strong knowledge of CSSF regulations applicable to private banking, wealth management, asset management and fund business.
• Sound understanding of internal auditing professional standards, guidelines and procedures.
• Excellent English oral and written communication skills and French is an advantage
• Willingness and flexibility to travel up to approximately 20% of working time, mainly in Europe.
• Strong analytical and problem-solving abilities, able to interpret complex information and identify control weaknesses and improvement opportunities.
• Excellent communication skills, with the ability to adapt style to senior management and global colleagues.
• Team-oriented mindset, positive attitude and strong interpersonal skills, able to build effective relationships with senior management and ASD team members globally.