Audit Portfolio Manager: Personal and Private Banking (PPB) at Nedbank

Job Purpose

•  To conduct portfolio audits in a professional manner with a focus on Information Technology and Process Optimization and manage stakeholder relationships to ensure risk is mitigated in accordance to Nedbank Group standards.

Job Responsibilities
Strategic insights & Client Centricity:

• Understand current business strategy, Nedbank’s client centric approach, digital initiatives, risks and expectations and consider key and/or emerging risks to provide input into the risk-based audit planning processes.
• Be commercially minded and understand the broader business strategy in order to bring in the relevance in the auditing approach.

Transformational Assurance:

• Lead and execute audit assignment planning, fieldwork and reporting in line with the Group Internal Audit (GIA) methodology and Institute of Internal Auditors (IIA), including file completion, continuous improvement of audit quality and delivery of audits within agreed timelines.
• Identify and assess the design adequacy and operational effectiveness of manual and automated controls within audit scope and utilising data analytics.
• Influence stakeholders to address inefficiencies in resolving audit findings through utilising professional experience in demonstrating benefits of best audit practice.
• Identify process optimisation improvements by assessing existing and newly implemented processes within business.
• Apply professional judgement in all audit interactions.

Digital Platform & Data Driven Audits:

• Apply knowledge of banking sector, digital transformation, and emerging risks to assess and engage with stakeholders on large-scale and complex changing environments, data, IT infrastructure and technology and determine best approach and testing strategy to provide insightful reporting.

Integrated Risk and Control Environment:

• Engage with the risk and compliance community to ensure coordinated assurance approach and assessment of risk and control to ensure scope is appropriately defined.

Impactful Reporting:

• Prepare quality, relevant and commercially astute audit reports that provide intelligence and meaningful insights that enable the management of risk to be a strategic and competitive differentiator for Nedbank.

Business Partner Relationships:

• Build trusting relationships and improve credibility and quality of audit outputs by achieving team objectives through engaging with staff, peers and other departments for reporting purposes.

Effective Leadership:

• Create an environment of teamwork that contributes to Group Internal Audit (GIA).
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
• Contribute to the Nedbank Culture building initiatives (e.g. staff surveys etc.).

People Specification

Essential Qualification

• Honours Degree (with Computer Science/Information Systems/Auditing).
• Qualification on Process Optimization an advantage.

Preferred Certification

• Certified Information Systems Auditor (CISA)
• Certified Internal Auditor (CIA) – preferable

Minimum Experience Level

• 5+ years in banking (preferably within Auditing, Risk, Compliance or Information Technology).
• Experience in the big 4 audit firms an advantage.
• Exposure to process optimisation.

Types of Exposures

• Achieving operational excellence by providing a view on strategic implementations and the optimisation of processes improved and implemented within Business.
• Building and maintaining effective relationships with internal and external stakeholders.
• Auditing in a banking and / or financial services environment.
• The ability to interact with diverse people.
• Financial services; preferably banking experience – retail and wealth banking exposure (including a knowledge of products and/or channels) and insurance exposure.

Technical / Professional Knowledge

• Banking experience
• Changing digital landscape and technology
• Client Centricity, Treating Customers Fairly and Conduct
• Business Acumen and Commerciality
• Report-writing skills
• Reputational risk management
• Governance, Risk, and Controls

Behavioural Competencies

• Managing Work
• Monitoring Information
• Building Partnerships
• Quality Orientation
• Continuous Improvement
• Work Standards
• Courage
• Adaptability