Internal Audit Manager - Wealth at Afrizan Personnel

Job description

• Managed budgets and productivity:
• Ensure that billable hours, budgets and resources are optimally planned and quality audits are delivered by providing input into the annual audit plan on trend analysis of previous audits
• Deliver projects cost effectively and monitor the productivity of resources by managing the billable hours through reviewing timesheets and analysing dashboards
• Meet financial targets and manage expenses of self and team through review of General Ledger reports or information provided
• Ensure improved productivity and the delivery of projects within agreed timelines by tracking efficiency of project milestones and by reviewing progress status on management information on SharePoint
• Managed stakeholder relationships:
• Build rapport and understand client current business reality, requirements, risks and expectations and consider key and/or emerging risks in annual audit plan by engaging with stakeholders through face-to-face, electronic and telephonic interactions
• Make stakeholders aware of Audit best practices, methodology and audit issues policy by conducting pre-engagement meetings and attending relevant forums
• Ensure client needs met and satisfied by initiating end of audit questionnaire and 360-degree feedback and by selecting appropriate stakeholders for feedback on the value add of audit is obtained and analysed.Ensure inefficiencies and duplication of efforts are limited and minimise disruption to stakeholders by sharing information and knowledge across teams within GIA during formal and informal meetings
• Build trusting relationships and improve credibility and quality of audit outputs and achieve team objectives through engaging with staff, peers and other departments through face-to-face, electronic and telephonic interactions.Manage and meet client expectations by engaging with stakeholders on the communication of audit deliverables, team timelines, audit progress and by attending opening, progress and closing meetings
• Managed Governance, Compliance and Risk based assurance:
• Identify and consider internal and external factors through research, stakeholder engagement and knowledge sharing, to develop and update annual risk based audit plan with clear levels of accountability.Initiate audit project by delegating and assigning audit responsibilities to ensure audit projects are delivered and milestones are tracked and corrective action taken
• Extract audit assignment information and attend key meetings/forums with stakeholders to provide audit feedback on outstanding audit issues, progress to audit plan and/or emerging risk trends, as well as ensuring that audit services are delivered to requirements
• Monitor progress of projects through attendance of progress meetings, reviews of audit files and audit-related documents at various stages of audits to ensure that GIA methodology is adhered to, conclusions are reflective of audit work performed, relevant review notes are addressed and appropriate corrective action is taken
• Track the implementation of management actions on issues raised by engaging with various risk officers, to ensure that issues assurance is planned in accordance with GIA methodology, in order to report whether unmitigated risks are addressed. Review the quality, relevance and commerciality of assignment audit reports, through assessing the results of audit work performed to ensure that the report reflects a balanced view of the control environment
• Managed Teams:
• Conduct debrief meetings with audit teams to identify areas of strengths and for improvement of audits performed so that lessons learned are carried forward to build an effective team by recruiting and selecting staff through matching the skills and competencies to the requirements of the job
• Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required
• Improve staff performance by mentoring and coaching staff on identified performance gaps and through performance feedback discussions and task appraisals
• Ensure that staff stays abreast in field of expertise and deliver on the expectations from stakeholders by tailoring team development needs identified through engagements and meetings with staff
• Create an environment of teamwork by engaging with staff formally and informally, keeping staff informed and encouraging participation in decision-making processes and through motivating staff to perform and contribute to the success of Group Internal Audit
• Ensure an environment for optimal performance is created and build capability of self and staff by identifying current and future training and development needs and managing talent
• Maintain a capable high performing team by identifying a talent pool through conducting career conversations and utilising the talent grid principles, and developing talent retention programmes (e.g. rotation)
• Ensure self and staff understand and embrace the Vision and Values by leading by example and re-enforcing values continuously to achieve goals
• Improved transformation and culture:
• Ensure transformational target are met for own team through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list
• Contribute to a culture conducive to the achievement of transformation and operational goals by participating and encouraging team participation in Culture building initiatives (e.g. Surveys)
• Address team issues raised in culture surveys and improve results by participating in the development and implementation of action plans
• Deliver world class service through others by creating a client service culture through various required interventions
• Support and encourage staff to participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy)
• Achieve operational excellence and support the implementation of business optimisation improvement in GIA through team engagement
• Identify areas of non-compliance with laws, regulations, and guidelines through managing audits.Ensure compliance with laws, regulations, and guidelines and improve control culture by providing timely guidance and feedback through audit reports issued

Minimum experience level:

• Minimum 5 years experience in auditing of which 2 years management experience
• Banking Knowledge (Private Banking)
• Wealth Management Knowledge (Asset Management, Trust/Fudiciary, Stockbroking, Financial Planning and Insurance)

Essential Qualifications:

Relevant BComm or BCompt degree or Internal Audit Diploma

Preferred Qualifications:

BComm Honours, CA (SA), Relevant Post Graduate Diploma e.g. HDipTax