Auditor: Recoveries Risk Support at Capitec Bank

Purpose Statement

• To plan, conduct, and report on audits on financial and operational practices of third parties, including external debt collectors (EDCs), debt buyers and payment distribution agents (PDAs).
• To conduct due diligence checks on third parties as well as ad hoc compliance checks and investigations.

Experience

Minimum:

• Minimum of 2 years’ experience in conducting internal audit and report writing

Ideal:

• 2+ years’ experience in conducting internal audit and report writing
• Experience in Data Analytics and Computer Assisted Audit Techniques (CAATs)
• Experience conducting audits within a financial services company
• Experience in auditing EDCs/attorneys and debt buyers

Qualifications (Minimum)

• Bachelor's Degree in Accounting - Financial Accounting or Commerce

Qualifications (Ideal or Preferred)

• Honours Degree in Accounting - Financial Accounting or Commerce

Knowledge

Minimum:

• Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards and International Standards for the Professional Practice of Internal Auditing (ISPPIA).
• Proficiency in accounting principles and techniques regarding working with financial reports
• Business products, processes, policies and systems
• Internal Auditing procedures and standards
• Management principles to recognise and evaluate the materiality and significance of deviations from good business practice
• The fundamentals of accounting, commercial law, taxation, finance, quantitative methods and information technology

Ideal:

• Attorneys’ and debt collectors’ accounting practices (trust accounts etc)
• Magistrate’s Courts Act and Rules, Legal Practice Act, Debt Collector’s Act, Legal Practice Council Rules, National Credit Act and regulations
• The collections and/or outsourced recoveries environment
• Investigating fraud and/or non-compliance with EDCs
• Thorough knowledge of Capitec Recoveries, Bancs, Webhost etc.

Skills

• Analytical Skills
• Attention to Detail
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Decision making skills
• Planning, organising and coordination skills