Senior Audit Manager: Wealth

7 months ago


Johannesburg, South Africa Nedbank Full time

**Requisition Details & Talent Acquisition Consultant**
- Req 130077 - Tshegofatso Semenya**Job Family**
- Risk, Audit and Compliance

**Career Stream**
- Auditing

**Leadership Pipeline**
- Manage Managers

**Job Purpose**
- The purpose of GIA is to provide independent, objective assurance to the Nedbank Group Limited Board of Directors via the Group Audit Committee that the governance processes, management of risk and systems of internal control are adequate and effective to mitigate the risks (in line with GIA Internal Audit Methodology), both current and emerging, that threaten the achievement of the Group’s strategy and key objectives, and in so doing help improve the internal control and risk culture of the Group.
- GIA receives its authority from the Group Audit Committee (GAC), which is a committee of the Board of Nedbank Group Limited established to, among other things, review the work of Internal Audit of Nedbank Group Limited and its subsidiaries (the "Group").**Responsibilities**:
**Insurance industry**
- Deep insurance industry strategic and transformation experience for a minimum of 8 years.

**Insurance strategic insights & Client Centricity**
- Understand and stay abreast of developments in field of expertise, emerging risks and insurance industry trends (including competitors and digital trends).
- Understand current insurance industry and business strategy, reality, impact of transformation, digital initiatives, risks and expectations and consider key and/or emerging risks to update the annual risk-based annual audit plan, in order to support relevant GIA reporting.
- Be commercially minded with a Nedbank client centric approach and understand the broader business strategy in the auditing approach.

**Digital Platform & Data Driven Audit**

**Transformational Assurance**
- Execute audit assignment planning, fieldwork and reporting in line with the Group Internal Audit (GIA) methodology and Institute of Internal Auditors (IIA), including file completion.
- Seek opportunities to improve business processes, models and systems through agile thinking.
- Identify and assess the design adequacy and operational effectiveness of manual and automated controls within audit scope and utilising data analytics.
- Identify and ensure compliance with relevant laws, regulations and guidelines in line with audit scope.
- Influence stakeholders to address inefficiencies in resolving audit findings through utilising professional experience in demonstrating benefits of best audit practice.
- Ensure continuous improvement of the quality of audits through providing professional insights.
- Ensure improved productivity and efficiency and the delivery of projects within agreed timelines.
- Achieve operational excellence and support the implementation of business optimisation improvement in GIA.
- Deal with complex verbal and documented information and data in the audit process.

**Integrated Risk and Control Environment**
- Engage with the risk and compliance community to ensure coordinated assurance approach and assessment of risk and control to ensure scope is appropriately defined.

**Impactful Reporting**
- Prepare quality, relevant and commercially astute assignment and reports that provide intelligence and meaningful insights that enable the management of risk to be a strategic and competitive differentiator for Nedbank.
- The ability of story-telling and writing reports in a succinct and concise manner which is visually appealing and at an appropriate level for various stakeholders and governance forums, including Group Audit Committee.

**Business Partner Relationships**
- Build and maintain an open and constructive relationship during and outside of scheduled as a Trusted Advisor with senior internal and external stakeholders including External Audit and Business Executives and the risk and compliance community.
- Build trusting relationships and improve credibility and quality of audit outputs by achieving team objectives through engaging with staff, peers and other departments for reporting purposes.

**Effective Leadership**
- Create an environment of teamwork that contributes to Group Internal Audit (GIA);
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
- Contribute to the Nedbank Culture building initiatives (e.g. staff surveys etc.).
- Participate and support corporate responsibility initiatives for the achievement of business strategy.

**Essential Qualifications - NQF Level**
- Advanced Diplomas/National 1st Degrees

**Preferred Qualification**
- BComm, BCompt, BSc (mandatory)
- Certified Information Systems Auditor (CISA) and optional Certified Internal Auditor (CIA) (optional)

**Type of Exposure**
- Strategic insights, consulting and advisory
- Influencing stakeholders to obtain buy-in for concepts and ideas.
- Conducting quality assurance reviews
- Sharing information in different ways to increase stakeholders understanding
- Building and maint


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