Internal Audit Manager - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Johannesburg, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

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Description

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:

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 Project and Change audit related 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, attract, develop and retain talent on an ongoing basis.
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.

Relationship Management

Present effectively at stakeholder meetings and forums (e

g:
Risk and Governance Forums etc.) by sharing knowledge and information, including methodology, standards, changes and new developments, with business stakeholders on an ongoing basis, and develop and maintain relationships with accountable stakeholder management on each audit.

Build effective relationships with CoE counterparts and fully engage them during audit reporting

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

Knowledge Management

Continuous upskilling on both technical and other core competencies. This includes auditing, project management and change management.
Keeping up to date with industry trends, regulatory changes and professional standards
Develop an indepth knowledge of the methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audit activities.
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

Education and Experience Required

NQF Level 6: B Degree
B Degree (Information Systems, Computer Science)
CISA or international equivalents
Relevant banking industry qualification (e.g. SA Institute of Bankers)

Essential:

5 years' experience of performing technology and cyber security related work in Internal/External audit or commensurate experience in a major financial institution
5 years' experience in Change Assurance auditing
2 years' experience of managing a team
Banking or Financial Services experience either gained through auditing

Preferred:

Experience working in a Big 4 auditing institution
International experience either gained through working overseas or substantial assignment based international experience

Knowledge & Skills: