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Internal Auditor
2 weeks ago
We are seeking a highly skilled, detail-oriented, and ethical Internal Auditor to join our dynamic Internal Audit team. This critical role plays a key part in strengthening the organization's internal controls, risk management, and governance processes, while ensuring full compliance with regulatory standards. The ideal candidate will thrive in a structured, process-driven environment, with hands-on experience in auditing, compliance, and payment verification, particularly in the financial services sector.
Key Responsibilities
- Audit Strategy & Planning
: Develop and execute a risk-based internal audit plan (RBIA) covering all business units and jurisdictions, aligned with IIA Standards and the firm's Enterprise Risk Management (ERM) framework. - Audit Execution
: Lead and perform audits across financial, operational, compliance, and IT areas including fund management, investment operations, payment processes, and cyber-security controls. - Payment & Transaction Verification
: Conduct detailed reviews of fund transfers, disbursements, and investment-related payments to ensure accuracy, authorisation, and control compliance. - Regulatory Compliance
: Ensure adherence to FAIS, FICA, POPIA, CISCA, Companies Act, King IV, FATCA, IFRS, and international frameworks including FCA (UK) and FSC (Mauritius). - Fraud Detection & Investigations
: Identify potential fraud indicators, perform root cause analysis, and recommend control enhancements. - Data Analytics & Continuous Auditing
: Use Power BI, IDEA, ACL, SQL, or Python to analyse data, identify anomalies, and enhance audit coverage through automation. - Risk & Control Evaluation
: Assess the design and operating effectiveness of key controls, identify systemic weaknesses, and monitor the implementation of corrective actions. - Governance & Assurance
: Collaborate with the Supervisory Board to verify product permissibility, fund segregation, profit allocation, and compliance with Islamic finance principles. - Reporting & Communication
: Prepare comprehensive, risk-based audit reports and present findings to the Audit Committee and senior management, ensuring transparency and actionable outcomes. - Stakeholder Engagement
: Partner with management to drive sustainable remediation, provide advisory support on new initiatives, and embed a culture of control consciousness. - Continuous Improvement
: Enhance audit processes, digitize procedures, and promote continuous learning within the audit function.
Requirements
- Bachelor's Degree in Accounting, Finance, or related field (NQF Level 7).
- Professional designation: CA(SA) or CIA
- Articles completed at a top audit firm in South Africa is highly advantageous.
- 4+ years post-qualification internal audit experience, preferably within financial services or a commercial bank.
- Experience in payment verification, due diligence, or compliance reviews.
- Exposure to auditing in automated and IT-driven environments.
Key Competencies
- Strong knowledge of regulatory frameworks and governance principles (e.g. King IV).
- Exceptional attention to detail with a passion for process and accuracy.
- Strong analytical, investigative, and problem-solving capabilities.
- Proficiency in audit tools (e.g. Excel, CaseWare, Sage, MDA) and data analysis.
- Excellent verbal and written communication skills.
- High professional ethics, integrity, and ability to handle confidential information.
- Effective time management and ability to manage multiple priorities.
- A collaborative mindset and strong stakeholder engagement skills.
Why Join Us?
- Strategic Influence:
Be part of a high-performing team whose work directly impacts business growth, risk management, and investment outcomes. - Ethical Leadership:
Join an organization committed to integrity, long-term thinking, and ethical governance. - Professional Growth:
Gain exposure to complex operations, strategic audits, and continuous development opportunities. - Competitive Rewards:
Enjoy a compensation package that reflects your expertise and contribution. - Inclusive Culture:
Work in a diverse, inclusive environment where performance and integrity are valued.