Head of Audit

2 weeks ago


Parktown North, Gauteng, South Africa Communicate Recruitment Full time

Qualifications:

  • CA(SA)
  • Strong understanding and regulatory requirements along with local business & economic conditions, particularly within the banking sector
  • At least 10 years of relevant audit experience in the banking industry with at least 3 years of experience working at the managerial level.

Skills:

  • Highly positive, focused & composed decision maker. Excellent in team & people management. Able to work under pressure whilst retaining the essence of good interpersonal skills and strictly adhering to deadlines.

Job description:

  • To issue and update, IA Guidelines concerning the operations of AI.
  • To conduct a comprehensive risk assessment of the bank on an annual basis and to formalize a riskbased audit plan, for approval by the audit committee.
  • To keep a close liaison with the Head of the Group Internal Audit in updating on emerging risk/control/fraud/regulatory/external auditrelated matters
  • To execute and report progress on the approved annual audit plan.
  • To ensure the quality and effectiveness of the audit performance through a formal quality assurance and improvement program including internal and external assessments as per IIA standards.
  • To provide direction & guidance to the audit team to improve workflows for quality & operational efficiency and meet the assigned TurnaroundTime.
  • To execute and report progress on the approved annual audit plan.
  • To ensure a productive team environment to promote coordination, continuous learning and mutual growth at all times.
  • To maintain effective relationships with cosourced auditors, external auditors and regulators, assist as necessary.
  • To execute and report progress on the approved annual audit plan.
  • To ensure a productive team environment to promote coordination, continuous learning and mutual growth at all times

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