Manager IT: Internal Audit with Data Analytics and Automation/digitization specialism

Primary Purpose

Data Analytics and the automation of internal audits will be the main responsibilities of this role. The role will require performing advanced data analytics in support of financial, compliance and other audits. Will assist with designing automated testing solutions for automated and continuous auditing. This role will also oversee resources that will assist in data analytics as well as automation of internal audits. This role will also assist financial auditors with training and transfer of knowledge to use data analytics in audits.

This role will also be required to assist with and review assessments of systems of control and procedures in the organisation in order to minimise risk and loss. This will include assessing internal controls and liaison with management, external auditors, risk management, compliance, loss control and systems evaluation. Accountable for the independent performance of complex IT audits. Work will include planning, performance and documentation of IT audits and the reporting and resolution of any weaknesses and shortcomings. Will also be responsible for managing, structuring and focusing the work of the small audit teams. Will manage audit relationships with directors and line management with regard to audit performance, finalisation of reports and agreement on remedial action. Will assist Senior Managers and Head of Internal Audit with reporting to the Board, the Audit Committee and Regulators.

This role requires an individual that have extensive data analytics experience, where it made up at least 70 to 80% of the individuals tasks and experience to be used in audits. The person must be at a very advanced level of using data analytics skills through the use of advanced SQL queries, proficient in Python and to be able to present information on PowerBI. The ideal candidate is someone who has worked in audit and has experience in performing data analytics for audits.

Manage and oversee non-IT and IT audits, including but not limited to:

• Perform data analytics for large and complex audits;

• Use data analytics and scripts to automate audit testing.

• Data migration reviews;

• Post-implementation reviews;

• Creating procedures/ dashboards for continuous monitoring for audit purposes; and

• Creating advanced data analytics to enable risk based auditing.

FINANCE

• Complete audit assignments within allocated time frames.

• Monitor and manage own time keeping (for each engagement and for the year) in line with board-approved budget.

• Monitor and manage direct report time (for each engagement and for the year) keeping in line with board-approved budget.

CUSTOMER CENTRICITY

Service Excellence

• Design and implement data analytics in audits.

• Assist financial team members to implement data analytics in audits.

• Automate audit testing and implement automation of audits.

• Assist with managing and executing Audit Committee approved Internal Audit plan.

• Improve Internal Audit efficiency by (1) increasing the number of audits completed for the year; (2) reduce audit budgets per engagement; (3) reduce the timeline between performing the audit and issuing the audit report.

• Implement and drive the new Internal Audit strategy to automate and centralise.

• Data analytics to be incorporated into every audit.

• Assist non-IT audit team members to plan data analytics and perform data analytics on their behalf and provide results.

• Manage and/or execute technical, data intensive audits.

• Obtaining a detailed understanding and knowledge of the areas being audited as part of planning activities and drive it as part of our planning process that all team members adopt this approach.

• Develop and implement Key Performance Indicators and dashboards to monitor areas within the Bank based on a risk based approach to implement continuous auditing and monitoring.

• Deliver quality services (consultation and value-add audits) to stakeholders.

• Provide timely solutions/feedback through interpretation of the business requirements of stakeholders.

• Increase turnaround time (reaction time) to stakeholder requests and provide support and assistance to stakeholders by going the extra mile.

• Develop effective working relationships with all stakeholders.

• Enhance the effectiveness and credibility of Internal Audit by explaining Management's roles and responsibilities to prevent and detect fraud.

• Monitor progress of audits, coach staff members on a continuous basis.

• Execute Internal Audit methodology and ensure compliance of team members to the methodology.

• Be involved with the audit process throughout and monitor audit quality in planning, execution and reporting.

• Ensure all work is documented in quality audit files.

• Review working papers, report and files in a timely manner before reports are issued.

• Provide all stakeholders with regular feedback on the progress of assignments and audit findings.

• Assist with Internal Audit reporting to executive management and the Audit Committee.

• Attend business management meetings.

• Perform special reviews including pre- and postimplementation reviews of new systems.

• Perform special IT due diligence reviews.

• Work across functional areas and motivate team to work across functional areas. Promote a culture of cross-skilling.

• Provide advisory services to business while maintaining independence.

• Promote Internal Audit as Trusted Business Advisor providing independent advice and assurance services.

• Represent Internal Audit on projects that are on the go at the Bank.

• Perform special reviews requested by the SARB, External Auditors and other third party stakeholder.

PEOPLE MANAGEMENT

• Support Senior Managers and Head of Internal Audit to manage the team.

• Actively lead the teams to deliver quality and on-time audits and audit reports.

• Actively contribute to teamwork within the department.

• Forge and maintain quality interpersonal relationships.

• Take accountability for the achievement of operational objectives within own area of control.

• Support and drive the core values of the organization and department.

• Maintain a positive attitude and drive.

• Respond openly to feedback.

• Promote harmony and teamwork.

• Promote the sharing of knowledge.

• Display willingness to help others and to be helped by others.

• Actively develop and coach team members.

OPERATIONAL EXCELLENCE

Risk Assessment

• Identify inherent risks that are relevant to the process under review and ensure that appropriate risks have been identified by team members that are relevant to the process under review.

• Perform adequate analytical risk assessment procedures to identify risks.

• Translate defined inherent risks into a documented format.

• Assess/evaluate defined risks in terms of potential impact and likelihood, for the purpose of designing an appropriate audit response (searching for appropriate key controls and developing appropriate control tests).

• Perform and/or review adequate analytical risk assessment procedures to identify risks.

Key Controls

• Ensure that the appropriate key controls have been identified to address the inherent risks for the processes under review.

• Assist with the conceptualisation of expected control activities that will address the identified inherent risks for the process under review.

• Assist teams to identify and document key controls based on (i) the understanding of the process under review, and (ii) the risk assessment.

• Assist teams to identify control gaps, i.e. where expected control activities or equivalents thereof cannot be matched to the actual controls that were identified and documented.

• Interpret key controls in terms their properties, i.e. objective, frequency, response, and automation.

Audit files

• Open or ensure audit files are opened for each engagement in a timely manner.

• Plan or ensure that all audits are appropriately planned prior to kick off.

• Update or ensure that the audit files are updated by team members through-out the engagement.

• Document and review the audit working papers and file on a continuous basis.

• Ensure that the audit file is reviewed before the audit report is prepared.

Audit Reports

• Review audit reports in a timely manner.

• Assist teams to provide clear and factually correct observation statements including a detailed root-cause analysis that make business sense. All observations are supported by appropriate (valid and sufficient) audit evidence.

• Assist team members to ensure that all observations are supported by appropriate (valid and sufficient) audit evidence.

• Appropriate assessment of the exposure/risk as a result of the errors/break-downs reported upon under the observation statement.

This position is advertised in line with our commitment to Employment Equity.