Operational Risk Internal Audit Manager

3 days 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**:
Key Accountabilities

Accountability: Audit Delivery - Planning 30%
- 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 Internal Audit methodology are met.
- Develop a detailed knowledge of the methodology by attending training sessions to ensure that approved audits are risk focused.
- Act as a mentor for auditors and peers to provide guidance to ensure that their work exceeds quality standards.
- Contribute to the annual planning process as requested by the Head of Audit by providing feedback and knowledge in terms of business. This will include identifying auditable entities, assessing the audit needs assessment and preparing all Management Information reports required.
- Management of the following: Audit universe, auditable entities, audit delivery, people Develop and maintain relationships with accountable stakeholder management on each audit.
- Engage with Internal Audit (IA) colleagues during assignments and request technical assistance where required. Technical assistance may include the review of key risks and controls, review of working papers and audit reports.
- Perform audits and issues assurance within Key Performance timelines and resource budget.
- Proactively provide on-the-job training to the audit team for the audit toolkit - Synergy and confirm through inspection of the audit work that the results of audit work are completed, updated and approved as required by the Quality Assurance scorecard.

Accountability: Audit Delivery - Fieldwork 25%
- Develop testing strategies for key controls within the business to adequately mitigate the risks. An example of this is to determine the sample size of the item to be tested, the period in which the sample will be selected from and then determine the applicable test to confirm that the control is operating effectively.
- 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 Quality Assurance scorecard.
- Review the DEA and OET working papers of controls tested.
- Based on the reviews performed, provide effective feedback to audit staff during the audit assignment to confirm that working papers are completed in line with the IA methodology.
- Engage with management and auditors on progress of audit and to provide regular feedback on issues identified where the control has failed either at a DEA or OET level.
- Engage with Centres of Excellences (COEs) during the fieldwork stage and give oversight to COE colleagues working on the audit assignment.
- Proactively take on additional tasks as delegated by the Head of Audit.

Accountability: Audit Delivery - Reporting 25%
- Establish effective relationships with Centre of Excellence (CoE) counterparts and fully engage them during audit reporting.
- Use business knowledge to assess evolving risks, write high quality reports with observations which are insightful, address the root cause, have agreed actions that fully mitigate the risk, support the Issues Assurance process and require no further audit work to support them.
- Raise observations as early as possible and agree actions before completion of fieldwork and write concise, accurate Executive Summaries.
- Deliver high quality audit reports, aligned to the IA methodology, which include all significant issues identified in the audit.
- Review management action plans to confirm that the identified risks associated to the control failure are adequately mitigated. Actions plans are to be specific, measurable, timely, achievable and realistic.
- Support the Functions team leadership in generating value add Management Information for stakeholders by proactively assisting the Head of Audit (HoA) at the end of each month. This will include obtaining Management Information from stakeholders as well as preparing insightful, value-adding Management Information for governance committees and steer-cos.
- Review Continuous monitoring work papers/reports for the Operational Risk and Function Control Environment and MCA.

Accountabili

  • Internal Audit

    4 months ago

    Johannesburg, South Africa Point Group Full time

    1. JOB TITLE:Internal Audit & Risk Manager2. MAIN PURPOSE OF THE JOB:Strategically plan , Direct and Coordinate the Organisation’s Internal Audit function andprocesses with the implementation of the Audit plan, monitor compliance , preparation andpresenting of audit findings as well as recommendations. Assure that there is adherence topolicies , procedures...

  • Internal Audit Manager

    7 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - 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...

  • Internal Audit Manager

    7 months 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...

  • Internal Audit Manager: Sustainability Risk

    3 days 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 The...

  • Manager, Internal Audit

    1 month ago

    Johannesburg, South Africa Standard Bank Group Full time

    Job title : Manager, Internal Audit - Information Risk Job Location : Gauteng, Johannesburg Deadline : December 25, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To lead and review the audit process for a portfolio of audits through audit execution and oversight of the audit team to independently and...

  • Manager: Internal Audit

    7 months 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

    7 months ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To enable thebusiness unit’s to realise business success through the implementation ofeffective risk management and internal control solutions which is encompassedby the bank's risk framework i.e. strategic, compliance, financial andoperational risks, through the management and...

  • Internal Audit Manager

    7 months 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 The...

  • Internal Audit Manager

    2 months ago

    Johannesburg, South Africa Onafriq Full time

    **Who We Are** Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions. With a network spanning 41 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and 300,000...

  • Internal Audit Manager

    6 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

    1 day ago

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

    **Reference**: SJ 7569 **Consultant**: Sone Johnson **Descriptions**: 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 standards Continuous interaction/agreement with...

  • Manager Internal Audit

    7 days ago

    Johannesburg, South Africa Energy at Work Projects Full time

    New age digital Bank urgently seeks to employ a skilled Internal Audit Manager. The Manager: Internal Audit will assist the Chief Internal Auditor and Senior Internal Audit Managers in providing reliable, value added and independent assurance to the Board, Shareholders and other relevant Stakeholders (e.g. external auditors, regulators, etc.) over the...

  • Internal Audit

    7 months ago

    Johannesburg, South Africa Empact Group Full time

    **Purpose of the role**: Provide independent assurance that the organisation’s risk management, governance and internal control processes are operating effectively, including consulting on improving systems and processes. Manage the risk of fraud and theft through prevention, monitoring, detection & investigation of fraud and theft cases. **Education and...

  • Senior Manager: Internal Audit

    3 days ago

    Johannesburg, South Africa NTT Ltd. Full time

    NTT is a leading global IT solutions and services organisation that brings together people, data and things to create a better and more sustainable future. In today’s ‘iNTTerconnected’ world, connections matter more now than ever. By bringing together talented people, world-class technology partners and emerging innovators, we help our clients solve...

  • Internal Audit Manager

    7 months 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...

  • Audit Business Manager

    7 months 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...

  • Group Internal Audit Manager

    6 hours ago

    Johannesburg, South Africa Objective Personnel Full time

    Qualifications Matric Bachelors degree in Accounting, Auditing, Finance, Internal Audit, Business Administration, or a related field Professional certifications such as CPA, CA(SA), CIMA or IIA are strongly preferred; Requirements Minimum of Five (5) Ten (10) years of experience in internal audit, risk management, or a related field, with at least 3 years...

  • Internal Audit Manager

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello future IT Audit Manager FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand’s business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and...

  • Audit and Risk Officer

    4 months ago

    Johannesburg, South Africa Newzroom Afrika Full time

    Purpose of the position To execute risk and internal audit reviews under the guidance of the GRCL Executive in NNG. Carry out internal audit work as assigned in line with the standards and methodologies set by IAS. This role also performs analysis on risk and internal controls, providing recommendations on improvements. The risk officer needs to identify,...

  • Operational Risk Internal Auditor

    17 hours 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...