(1203) Quality Assurance Professional Practices Practitioner - RMCD at South African Reserve Bank

Detailed description

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

• Develop, review and maintain the quality assurance and improvement programme of the SARB to identify any non-compliance with the policies and/or procedures of the Risk Management and Compliance Department (RMCD) to identify opportunities for improvement.
• Perform quality assurance reviews on the deliverables of RMCD’s specialised suite of disciplines – including risk management, ethics, anti-money laundering (AML), compliance risk management, project risk management, combined assurance, business continuity management, SHEQ oversight, environment social governance (ESG) and climate risk – and report on the results thereof, also providing recommendations for corrective actions to be implemented by the appropriate party(-ies).
• Perform the annual maturity assessments of the SARB’s risk management, ethics, AML, compliance risk management, project risk management and combined assurance activities, and report on the results thereof, also providing recommendations for corrective actions to be implemented by the appropriate party(-ies).
• Track progress on agreed corrective actions and ensure that the matters receive the necessary attention through to finalisation.
• Conduct research/benchmarking activities on emerging issues and opportunities to keep current on any changes and emerging best practice of the profession from a professional practice and quality assurance perspective.
• Advise the risk delivery teams on the practical application and implementation of RMCD’s specialised suite of disciplines.
• Provide regular methodology training and updates to risk professionals across the risk and compliance function, including new recruits/joiners.
• Conduct RMCD’s annual internal quality assurance assessments against all the ISO 31000, ISO 22301 and ISO 27001 standards as well as the code of ethics to test conformance thereto.
• Contribute to the coordination of RMCD’s combined assurance activities in conjunction with the SARB’s Internal Audit Department.

Qualifications

Job requirements

To be considered for this position, candidates must be in possession of:

• the minimum of a Bachelor’s degree (NQF 7) in Internal Auditing or Risk Management, or an equivalent qualification; and
• the minimum of 5–8 years of relevant work experience within an auditing or risk management environment, including quality assurance experience.

The following would be an added advantage:

• a quality assessor certification.