Audit Lead: Finance, Risk and Compliance

2 months ago


Cape Town, Western Cape, South Africa Old Mutual Full time

Job Summary

This exciting role has responsibility for managing assurance activities for Finance, operational risk and compliance across Old Mutual Bank. The role is responsible for the management of annual audit planning, execution of audits and reporting. The successful incumbent will form part of the Old Mutual Bank IA team and report into the Head of audit. The incumbent will develop and manage relationships with Senior Executives in the businesses and will represent the portfolio at Business Unit or Divisional Executive Committees as required.

Key Responsibilities

  • Contribute to the development and implementation of the functional strategy and business plan as it relates to the respective portfolio and related assurance needs within the financial services industry.
  • Accelerate the development of sophisticated data-led assurance activities.
  • Develop a future-fit risk assurance strategy that is adaptive and adequate to provide assurance across a wide variety of areas based on developments within the finance and regulatory industry.
  • Contribute subject matter expertise to the development of the portfolio audit plan.
  • Consolidate and report integrated results for the Subject Matter portfolio and provide input to the relevant committee reports.
  • Execute the Subject Matter portfolio audit plan - right people doing the right jobs at the right time.
  • Manage Quality and Performance, maintain independence and implement corrective action where required. Accountable for audits being delivered to the IA quality standard.
  • Comply with IIA Code of Ethics and IA Policies and Procedures.
  • Contribute to functional resource planning and integration.
  • Manage Subject Matter portfolio KPIs and implement corrective action.

Requirements

  • Relevant Degree & Professional Qualification.
  • Chartered Accountant or Certified Internal Auditor would be advantageous.
  • Minimum 10 years relevant experience at a senior management level.
  • Successful track record of implementing assurance and advisory capabilities via innovative solutions.
  • Significant experience providing assurance or risk management across the regulatory, operational risk and Finance landscape within a banking environment.
  • Experience in providing assurance over Financial controls.
  • Demonstrate up to date experience of relevant regulatory and governance requirements.
  • Experience of client relationship management at a top management level.
  • Experience in MI reporting and data management.
  • Experience with successful implementation of data-led assurance capability.
  • Understanding and application of extensive enterprise risk management principles.

Technical Competencies

  • In-depth knowledge of the regulatory environment and regulatory risks impacting Old Mutual Bank including Market Conduct, Financial Crime, NCA, Banks Act, CODI, POPIA etc.
  • Significant track record of driving innovative and data-led assurance and monitoring activities.
  • Significant experience of providing first, second or third line risk management in regulatory, risk and enablement functions.
  • Professional Ethics.
  • Business Acumen.
  • Internal Auditing Methodologies.
  • Internal Audit Management.
  • Risk Analysis & Control Assessment Techniques.
  • Critical Thinking.
  • Communication skills.
  • Improvement and Innovation.

Core Competencies

  • Leading.
  • Collaboration.
  • Strategic.
  • Customer First.
  • Innovation (Perspective).
  • Personal Mastery (Learning).


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