Chief Internal Auditor

-The main purpose of this position is to provide leadership and strategic direction to the Internal Audit Department by providing independent and objective assurance and advice regarding the adequacy and effectiveness of internal controls, risk management and governance processes within the South African Reserve Bank Group (SARB Group). -Detailed Description Provide leadership and strategic direction to the Internal Audit Department, which includes leadership of the governance structure responsible for long-term planning, resource allocation, quality control, risk management, compliance and cross-functional coordination. - Develop and oversee the implementation of the departmental strategy, operational plan and associated budget, with clearly defined objectives and targets aligned to the strategy of the SARB Group. - Oversee the development of an internal audit methodology in line with the Institute of Internal Auditors (IIA) standards, and oversee the implementation thereof and conformance thereto. - Oversee the development and execution of a risk-based internal audit plan based on the critical risks of the organisation and provide reports to the Audit Committee and other relevant committees accordingly. - Provide leadership and oversight to the Internal Audit Department’s key operations and outputs, which include the management of risks to the Internal Audit Department’s operations, planning and scheduling of resources, and maintenance of productivity. - Manage strategic relations with significant stakeholders, both within and external to the organisation. - Manage the performance and development of direct reports, and build strong leadership and future-fit internal audit staff pipelines. - Provide an opinion on the ‘state of control’ within the SARB Group’s control environment. - Drive organisational performance as well as promote and support career management and development within the department. - Lead the Internal Audit Department’s participation in the organisation’s Combined Assurance Model. - Provide management information and communicate the department’s performance to the Audit Committee and the Governor. Job Requirements have a minimum qualification as a Chartered Accountant (CA(SA)); - be a Certified Internal Auditor (CIA) (would be an added advantage); and - have a minimum of 13 to 15 years of experience in internal auditing and general management. Additional requirements include knowledge and skill in: - internal auditing methodologies and IIA standards; - corporate governance, risk management and compliance (GRC); - relevant codes of ethics; - the Committee of Sponsoring Organizations of the Treadway Commission (COSO) control framework; - bank operations, policies and procedures; - investigation methodologies; - computer-assisted audit techniques (CAATS); - research techniques and principles; - service and stakeholder focus; and - a drive for results. How To Apply All interested parties are invited to apply. - All the available vacancies will be visible. - Login: - Is this your first visit to our Job Site? > Register today (Ensure that you include all your skills and qualifications during the registration process.); or - Already registered on our Job Site? > Already registered? > Login here. - Select the ‘Date posted’ > ‘Last 3 weeks’ (in the drop-down menu). - Select the appropriate IRC number to view the full advertisement. The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her experience and competence. Ms Sarah Molomo Senior Manager: Recruitment and Selection Human Resources Department Currency -ZAR -Amount of Travel -Work At Home