Internal Audit Manager

2 weeks ago

Johannesburg, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

To plan, execute and manage audit assignments in accordance with the country and Group Audit plan and relevant policies, procedures and quality standards. The Audit Manager is responsible for the quality of the audit work performed and the efficiency and effectiveness of the audit team.

**Job Description**:

- The Internal Audit Manager for Model Risk role is responsible for assurance of Model Risk for Absa Group and well as the Absa Group Model Risk Function. The position is a key VP role given the complexity of the coverage in respect of the internal rating systems and the bank’s model risk management practices.
- Take ownership and initiative, to negotiate, influence and build consensus and successfully navigate audit delivery within timelines and quality criteria. Leading internal audit project teams, working closely with peer VPs, define audit scopes and oversee audit testing, including drafting internal audit findings and prepare draft reports for discussion with senior management. This includes a strong acumen regarding auditing methods and industry practices for Model Risk.
- The position is a technical Model Risk specialist as well as SME role in Internal Audit and is required require to provide assurance on:

- Business Unit Model Risk Functions: The development, implementation and monitoring of models within the Business Units. This includes all model types (scorecards, capital, impairment etc.) as well as all risk types (Credit, Market, Operational, Enterprise).
- Absa Group Model Risk Function: Evaluation of the central model risk teams (Independent Validation Unit, Model Governance and Model Implementation).
- Regulatory Framework: The provisions of the regulatory framework and in particular the models and methodologies used by the Bank in measuring its regulatory capital and assessing the adequacy of its capital resources in relation to the bank’s credit risk exposures and established minimum ratios.
- Support in the identification of risks to be tested by participating in planning sessions. Develop testing strategies for key controls within the business to adequately mitigate the risks. Manage the execution of Design Effectiveness Testing (DEA) and Operational Effectiveness Testing (OET) of the audit team in line with methodology requirements.
- Develop an in-depth knowledge of Absa and the various business areas and use the knowledge to assess risks and controls through identifying, assessing and documenting risks and controls within these processes. Engage proactively with Internal Audit colleagues during assignments and request technical assistance where required and based on knowledge of business areas, provide guidance to other auditors and peers by sharing best practice so that their work meets and sometimes exceeds quality standards.
- Develop and maintain relationships with key audit contacts on each audit by attending continuous stakeholder meetings. In addition, engage closely with stakeholders during assignments and encourage open discussion and interaction with business on the risks associated in their environment.
- Line management responsibilities with an adept experience in performance and talent management. Develop a high performing team by embedding formal performance development and coaching. Encourage frequent knowledge sharing between team members.

Audit Planning
- Participate in the 6+6 audit planning cycle; provide input by taking into account the risk and control profile, business strategy and material risks affecting the business.

Assurance
- Plan the delivery of assigned audits to a high quality and in line with Key Performance Indicators as per the methodology. This will include adequate resourcing scheduling, meeting key deliverables in terms of audit timelines and review of audit work to confirm that the minimum requirements as per methodology are met.
- Manage the execution of Design Effectiveness Testing (DEA) and Operational Effectiveness Testing (OET) of the audit team in line with methodology requirements and as per the requirements of the QA scorecard.
- Ensure audits and issues assurance within Key Performance timelines and resource budget

Leadership and Management
- Mentor and coach less experienced team members by providing guidance around the methodology and audit process, and manage the teams that assigned to the audit effectively by delegating audit work to empower each individual team member
- Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members

Teamwork
- Support IA management team to identify

  • Audit Clerk

    3 weeks ago

    Johannesburg North, South Africa Audit Firm Full time

    My client, a medium size audit firm is urgently looking for an audit clerk to became part of their team on a contract basis. - Must have completed/or at least completed the 2nd year of a SAICA accredited BCom Accounting degree - Must have a good work ethic, good time management skills, be target and deadline driven - Must have done at least 2 years of...

  • Audit Manager: Internal Audit

    3 weeks ago

    Johannesburg, South Africa Job Crystal Full time

    -South Africa, Gauteng *** - R70000 - R75000 Per Month **Area**: South Africa, Gauteng **Sector**: All Posted: 19 February 2024 **Job Details**: A digital bank with a strong entrepreneurial identity and a high-performance culture is looking for a Audit Manager to assist the Chief Internal Auditor and Senior Internal Audit Managers in providing reliable,...

  • Internal Audit Manager

    3 weeks ago

    Johannesburg, South Africa CG Recruitment Full time

    Our client based in Johannesburg is looking for an Internal Audit Manager who will oversee a team of managers and auditors, managing a strategic Internal Audit project, in accordance with the Firm's policies and procedures. **Key Responsibilities**: - Manage day-to-day internal audit processes from planning and execution to reporting across multiple...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, South Africa Communicate Recruitment Full time

    My client, a multinational manufacturing and FMCG powerhouse, is looking to recruit an **Internal Audit Manager** to join their dynamic team! **Duties**: - Annual risk based audit plan - Utilization of the internal audit methodology - Ensure adherence to internal controls and Corporate Governance Codes - Coordinate with external auditors to ensure proper...

  • Manager: Internal Audit

    1 week ago

    Johannesburg, South Africa THE SKILLS MINE (PTY) LTD Full time

    **Requirements**: - Relevant University Degree - required - IT audit qualifications (CISA/CISM) - required - Internal auditor qualifications (CIA/CRMA) - advantageous - Internal Audit experience in Banking - min 5 years - required - Experience in conducting automated operational controls (Business as Usual) testing is required. - Experience in conducting IT...

  • Internal Audit Manager

    3 months ago

    Johannesburg, South Africa Performer Recruitment Full time

    **Introduction** Our client is seeking to employ an individual with high energy levels and out of the box thinker as an Internal Audit Manager to join their team. **Duties & Responsibilities** - Assistance with Control Self-Assessment questionnaires, where necessary - Conducting of Stock-Take audits, where necessary, and preparing Stock-Take Audit...

  • Internal Audit Manager

    3 weeks ago

    Johannesburg, South Africa Performer Recruitment Full time

    **Introduction** Our client is seeking to employ an individual with high energy levels and out of the box thinker as an Internal Audit Manager to join their team. **Duties & Responsibilities** - Assistance with Control Self-Assessment questionnaires, where necessary - Conducting of Stock-Take audits, where necessary, and preparing Stock-Take Audit...

  • Internal Audit Manager

    2 months ago

    Johannesburg, South Africa Kolano Investment Solutions (Pty) Ltd Full time

    **Key Responsibilities**: - Oversee a team of Internal Auditors and Supervisors managing a strategic Internal Audit project, in accordance with the Firm's policies and procedures. - Manage day-to-day internal audit processes from planning and execution to reporting across multiple assignments running simultaneously. - Demonstrate strong project management...

  • Internal Audit Manager

    2 months ago

    Johannesburg, South Africa CA Financial Appointments Full time

    One of my JSE listed clients, are seeking an experienced Internal Audit Manager to ensure a smooth running of the Internal Audit & Risk Management department. The successful incumbent will participate in the execution of audits at their investee companies under the direction aof the Head of Audit Operations driving control and maintenance in audits and...

  • Internal Audit Manager

    2 days ago

    Johannesburg, South Africa CA Financial Appointments Full time

    One of my JSE listed clients, are seeking an experienced Internal Audit Manager to ensure a smooth running of the Internal Audit & Risk Management department. The successful incumbent will participate in the execution of audits at their investee companies under the direction aof the Head of Audit Operations driving control and maintenance in audits and...

  • Manager Internal Auditing

    3 weeks ago

    Johannesburg, South Africa Edge Executive Search Full time

    Our client, a specialist financial products and service company is now hiring for a Manager Internal Audit for a 3-month contract. **Skills required**: - BCom Honours or equivalent in Commerce (i.e., Accounting or Internal Auditing). - Post-graduate professional designation, e., Certified Internal Auditor or Certified Information Systems Auditor. - A...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Kolano Investment Solutions (Pty) Ltd Full time

    Key Responsibilities: Oversee a team of Internal Auditors and Supervisors managing a strategic Internal Audit project, in accordance with the Firm's policies and procedures. Manage daytoday internal audit processes from planning and execution to reporting across multiple assignments running simultaneously. Demonstrate strong project management skills to...

  • Manager: Internal Audit

    2 weeks ago

    Johannesburg, Gauteng, South Africa THE SKILLS MINE (PTY) LTD Full time

    Requirements: Relevant University Degree required IT audit qualifications (CISA/CISM) required Internal auditor qualifications (CIA/CRMA) advantageous Internal Audit experience in Banking min 5 years required Experience in conducting automated operational controls (Business as Usual) testing is required. Experience in conducting IT General Controls and...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa CA Financial Appointments Full time

    One of my JSE listed clients, are seeking an experienced Internal Audit Manager to ensure a smooth running of the Internal Audit & Risk Management department. The successful incumbent will participate in the execution of audits at their investee companies under the direction aof the Head of Audit Operations driving control and maintenance in audits and...

  • Manager, Internal Audit

    2 weeks ago

    Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Manager, Internal Audit - Quality Assurance Job Overview Business Segment: Group Functions Location: ZA, GP, Johannesburg, Baker Street 30 To lead and review the audit process for a portfolio of audits through audit execution and oversight of the audit team to independently and objectively provide assurance that enables client centric risk management.Engage...

  • Manager Internal Auditing

    2 weeks ago

    Johannesburg, Gauteng, South Africa Edge Executive Search Full time

    Our client, a specialist financial products and service company is now hiring for a Manager Internal Audit for a 3-month contract.Skills required: BCom Honours or equivalent in Commerce (i.e., Accounting or Internal Auditing). Postgraduate professional designation, e., Certified Internal Auditor or Certified Information Systems Auditor. A minimum of three...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    If you are an experienced Internal Auditor, with experience in the public sector and open to a 6-month contract, hit APPLY Individual will be reporting into the Chief Audit Executive.Stakeholder liaisonExecute internal audit engagementsResponsible for the entire audit processAll work delivered to be compliant to International standards for the Professional...

  • Manager, Internal Audit

    2 weeks ago

    Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Manager, Internal Audit - Transaction Banking: Trade Job Overview Business Segment: Group Functions Location: ZA, GP, Johannesburg, Baker Street 30 To lead and manage the audit process within the Corporate and Investment Banking internal audit team, covering the Transaction Banking (TxB) Trade portfolio. The purpose is to provide independent and objective...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Exceed Recruitment and Human Resource Consultants Full time

    Reference: SJ 7569Consultant: Sone JohnsonDescriptions:Ensure quality planning memorandum/identification of risks during planning process (risk assessment)Appropriate audit programmes to test controls/risk areas (control objectives achieved)Audit files in compliance with IIA/departmental standardsContinuous interaction/agreement with client management/staff...

  • Internal Audit Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo plan,...