Financial Services Internal Audit Manager (Job Number: 2200006T) at KPMG South Africa

Description of the role and purpose of the job:

Our national Internal Audit, Risk and Compliance Services practice provides strategic sourcing of Internal Audit; Enterprise Risk Management; Governance, Regulatory Compliance, Contract Compliance and Sustainability services.  This involves a strong focus on all aspects of our clients’ core business processes, regulatory, risk and IT landscape includes assessing risk, evaluating control effectiveness, identifying weaknesses, and developing solutions.

KPMG considers itself a market leading Internal Audit provider to the Financial Services Sector locally and globally. We currently have a vacancy for one experienced Manager candidate within our JHB office who will participate in and support the management of teams to deliver internal audit, risk management and governance services to our esteemed financial services portfolio.

Key responsibilities:

The Manager will be responsible for:

• Compliance with KPMG risk management standards, policies and procedures including client and engagement onboarding processes
• Performing/reviewing/assisting with internal audit planning, risk assessment, scope, budget,  internal audit programme and procedures development.
• Managing the execution of internal audit assignments in line with the KPMG methodology, KPMG risk management standards, mandated budget and client deadlines.
• Identifying weak/problem areas and its root cause, document findings, developing effective corrective action plans and following up on implementation of the corrective action.
• Preparing audit reports, presentation/communicating findings and recommendations to management including discussion/negotiation of the findings.
• The daily management of audit staff and supporting the Partner with delegated tasks.
• Aiding the coaching, development and performance management of audit staff including completion of the project performance evaluations.
• Contribute towards continuous improvement, enhancing current levels of service delivery, quality and client satisfaction.
• Assisting with departmental administration and initiatives including staff planning.
• Lock up management (financial administration, billings etc).

Skills and attributes required for the role:

• Sound understanding of internal audit, risk management and regulatory imperatives and relevance to the Financial Services Sector (Insurance, Banking, etc)
• Previous management experience including relevant experience in:
• Business process, risk, control and process improvement analysis (including sound risk, control and process improvement documentation and analysis ability)
• Engagement planning and supervision experience including ensuring all key client scope requirements and expectations are met satisfactorily.
• Sound and structured report writing ability (considering all key facts and background)
• Project and time management and ability to drive the team’s quality work deliverables within the agreed project budgets and deadlines.
• Ability to develop internal and external client relationships
• Key client liaison with sound problem solving
• Professional integrity, sound client and team relationship management experience and ability to engage senior level stakeholders.
• A high performing team player who can work autonomously, remains accountable and contributes to a positive and cohesive team environment.
• Competence in data analytics (using IDEA or related tools, ability to execute routine data analytics procedures and analysing results appropriately).
• Ability to work under pressure, be agile, innovative, manage multiple priorities, adapt to changing environments, recognise problems, trace them to the root cause and develop sound solutions which enables smarter ways of working and improving processes.
• Ability to coach and guide junior staff to perform their responsibilities and well as provide fair feedback on their performance including sound conflict resolution skills
• Good analytical, interpersonal, time management, research, and communications skills.

Minimum requirements to apply for the role (including qualifications and experience):

• B Com Hons Internal Auditing (or relevant qualification)
• CIA designation (desirable)
• Minimum of six years relevant working and related management experience
• Financial Services Sector experience. (preferred)