Senior Internal Audit Specialist at The South African Reserve Bank

Job description

Location: Head Office, Pretoria

Department description: Internal Audit Department

Brief description

The main purpose of this position is manage the delivery of audits mainly in the Corporate Services cluster i.e. to provide team leadership in the provision of independent objective assurance and consulting services regarding the adequacy and effectiveness of the control, risk management and governance processes of the South African Reserve Bank.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• To participate in the strategic processes of the department through providing inputs, completing of strategic projects and provision of status updates.
• To contribute strategically to the development of the annual audit plan of the department by identifying and elaborating priority risks facing departments and the Bank.
• To prepare case studies and runs training sessions within the department, mentor other auditors as well as provide training to managers in areas of governance risk management and control relevant to the Bank.
• To lead a team of auditors on audit assignments of varying complexity, plan the audit, allocate and provide quality assurance work, project manage the delivery to set milestones as well as manage the relationship with the internal clients.
• To integrate the research of different auditors and the findings from audit tests to scope and set the objectives of the audit, and to prepare audit recommendations.
• To compile and review thorough, concise and reliable audit reports, quality assuring and integrating the inputs of other auditors into the final report.
• To work on new or complex risk problems facing/ emerging in the Bank.
• To present audit findings and recommendations to the HOD’s and executive management of the Bank and where necessary the Bank’s Audit Committee.
• To perform project based performance appraisals for team members and provides input in the overall performance evaluations.
• To stay abreast of and actively contribute to the development of new approaches (best practice), through new methods, analytical techniques, new models, procedures, to internal audit in the Bank.
• To lead briefings and presentations with departments and engage other technical auditors and senior managers in the Bank

Job requirements

• To be considered for this position, candidates must have:
• a minimum of an Honours degree in Internal Auditing, Accounting, Risk Management or Information Systems;
• a Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) qualification;
• at least eight to ten years’ experience within an auditing environment; and
• at least two years’ experience in managing audit assignments.

Additional requirements are as follows:

• Industry, business and organisational knowledge and skill
• Quality assurance knowledge and skill
• Continuous improvement knowledge and skill
• Continued learning/ professional development knowledge and skill
• Risk management principles, tools, methodologies, frameworks, policies and processes knowledge and skill
• Internal audit principles, tools, methodologies, frameworks, policies and processes knowledge and skill
• Risk assessment and control design knowledge and skill
• Experience in using Computer Assisted Audit Techniques (CAATs) and/or performing data analytics on either Excel or audit analytics software
• Planning and Organising
• Developing and Growing Others
• Judgement and Decision Making
• Resilience
• Impact and Influence
• Building and Maintaining Relationships
• Conceptual Thinking
• Driving Results