Senior Internal Audit Manager: Credit
Location: Rosebank, Johannesburg
Salary: R1.2m - R1.4m per annum
About the Role:
The Internal Audit Manager 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 adequacy and effectiveness of the internal control environment, in mitigating current and evolving risks across the business.
Requirements:
Relevant Tertiary Qualification required
Internal auditor qualifications (CIA/CRMA) – advantageous
5+ years Internal Audit experience in Banking required
Knowledge and understanding of the credit and finance environments.
Relevant commercial credit audit experience.
Demonstrate a good understanding of retail credit, credit assessments and the National Credit Act.
Thorough understanding of internal control and related internal audit methodologies and
techniques.
A professional manner that will reflect positively on Internal Audit and ability to function under stress and/or possible conflicting professional opinions.
A self-starter who is capable of working with minimal supervision.
Strong verbal and business writing skills.
Strong values and ethics and ability to maintain professional independence and objectivity and act based on personal professional conviction and confidence.
Responsibilities:
Application of the internal audit framework and methodology
Application of the internal audit charter
Performance of business wide (universe) inherent risk and control risk assessments
Planning of internal audit assignments per the risk assessment
Planning of management requested and other ad hoc internal audit assignments
Walkthroughs
Key risk identification
Key control identification
Key control adequacy assessments
Definition of testing strategies
Population analysis and sample selections
Conducting fieldwork and control effectiveness testing
Consolidation of findings and agreed action plans (recommendations)
Creation of internal audit reports
Obtaining management comments and agreeing internal audit reports with management
Finalisation of audit files in line with internal audit best practice and methodology requirements
Building relationships with Management and Executives
Conducting follow up activities across the business