Financial Services Audit Manager

Financial Services Audit Manager - Credit Join to apply for the Financial Services Audit Manager - Credit role at KPMG South Africa Financial Services Audit Manager - Credit Join to apply for the Financial Services Audit Manager - Credit role at KPMG South Africa Job title/position: ManagerFinancial Services – Credit Audit Manager Job specificationJob title/position: ManagerFinancial Services – Credit Audit ManagerNumber Of Positions1Function And Business UnitFinancial Services AuditDescription Of The Role And Purpose Of The JobThe Financial Services Audit division provides audit services to the largest banking clients in South Africa. We have created the credit risk group which requires audit managers to work primarily on the corporate and retail credit aspects of banking audits, specifically the determination of expected credit losses (ECL). This requires extensive knowledge and experience with IFRS 9 concepts in relation to banks and to work closely with credit model quants to determine and respond to audit risks as well as provide advisory services to non-audit clients. The credit risk group has been established to invest heavily in the development and training of individuals as well as streamline the credit audit approach globally.Key ResponsibilitiesCredit managers are required:To guide, project manage and oversee the credit (ECL) audits of banks. To understand key technical concepts in relation credit modelling and the application of IFRS 9. To develop training material and administer training in Sub-Saharan Africa. To work with other global member firms in understanding common credit risk areas and streamlining the audit approach. To work closely with the quant credit modelling team in both audits and advisory work to link technical concepts with financial statement and audit requirements. Provide technical, audit operational, and audit quality leadership. Have a growth mindset to establish the credit risk group and expand service offerings. To interact with audit committee members, credit risk officers and other senior management personnel and build credible relationships. Skills And Attributes Required For The RoleDeep understanding of credit risk, IFRS 9 and banking concepts A general understanding of credit modelling and approaches Exposure to financial services IT environment Strong leader Team player Ability to work under pressure Good communication (verbal and written) and interpersonal skills Audit documentation software knowledge (eAudIT and Clara knowledge) Up to date with accounting, auditing standards and global best practice templates Enthusiasm, individual initiative and self-drive Minimum requirements to apply for the role (including qualifications and experience):CA (SA) or equivalent qualification and has at least 3 years’ experience since completion of training contract. Experience in audits or advisory work over ECL. Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Industries Business Consulting and Services Referrals increase your chances of interviewing at KPMG South Africa by 2x Sign in to set job alerts for “Financial Services Manager” roles. Senior Finance Manager, Corporate Functions, Africa Regions Johannesburg, Gauteng, South Africa 1 week ago Johannesburg, Gauteng, South Africa 11 months ago Johannesburg Metropolitan Area 2 days ago Johannesburg, Gauteng, South Africa 1 week ago Johannesburg, Gauteng, South Africa 6 days ago Illovo, Gauteng, South Africa 9 months ago Internal Relationship Manager – Betway Premium Johannesburg, Gauteng, South Africa 2 days ago Senior Internal Relationship Manager – Betway Premium Johannesburg, Gauteng, South Africa 1 day ago Manager, Customer Relationship – Betway Premium Johannesburg, Gauteng, South Africa 1 day ago Consulting - Strategy: Manager (Financial Services) Johannesburg, Gauteng, South Africa 2 days ago Outbound Relationship Manager - Betway Premium Johannesburg, Gauteng, South Africa 2 days ago Johannesburg, Gauteng, South Africa 1 week ago Johannesburg, Gauteng, South Africa 17 hours ago Assistant Manager - AIS (Actuarial and Insurance Solutions) General Insurance Engineering Manager - Financial Services Johannesburg, Gauteng, South Africa 7 months ago Senior Audit Manager: Financial Services Illovo, Gauteng, South Africa 9 months ago Johannesburg, Gauteng, South Africa 3 days ago City of Johannesburg, Gauteng, South Africa 1 day ago Johannesburg, Gauteng, South Africa 1 week ago City of Johannesburg, Gauteng, South Africa 3 weeks ago City of Johannesburg, Gauteng, South Africa 2 weeks ago Senior Financial Advisor Opportunity - Bryanston Johannesburg, Gauteng, South Africa 14 hours ago Branch Consultant/ Financial Advisor - Alexander Pan African Mall Sandton, Gauteng, South Africa 2 weeks ago Finance Manager, COO Reporting & Analytics Johannesburg, Gauteng, South Africa 4 days ago Roodepoort, Gauteng, South Africa 1 week ago Johannesburg Metropolitan Area 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr