Integrated Assurance Officer at Nedbank

Job Purpose
To conduct internal audits and compliance monitoring reviews in line with the respective methodologies. To provide independent and objective assurance to the Nedbank Group Limited Board of Directors; that the governance processes and management or risk, compliance and systems of internal control; are adequate and effective to mitigate the most significant risks; both current and emerging; that threaten the achievement of the Groups objectives; and in so doing help improve the control environment and culture of the Group. 

Job Responsibilities
Portfolio ownership includes:

• Stakeholder relationship building and management.
• Annual planning for your respective portfolio in line with our internal annual planning process and time lines as well as industry best practice standards and frameworks. 
• Combined assurance oversight and governance forum reporting of all reviews within your portfolio. 
• Engage line management to determine current business process and documents.
• Identify risks and internal controls already implement. (Control identification, articulation and testing)
• Engage the existence, adequacy and effectiveness of controls. 
• Recommend the most appropriate controls (where non-existent or inadequate), aligned to organizational policies, procedures, culture and values. 
• Assist the Assurance Manager in preparing a risk-based assurance plan on an annual basis.
• Conduct reviews in line with the Annual Assurance Plan and Assurance Methodology. 
• Conduct assurance testing of specified processes to test the adequacy of the design and operational effectiveness of controls. 
• Conduct follow up reviews to ensure risks identified have been appropriately mitigated. 
• Drafting of findings in a formal report - facilitating the entire delivery of the report, which includes socialisation and acceptance of findings across multiple stakeholders in the business. 
• Compile findings, root causes, potential effects, recommendations and line managers action plan and commitment (what, when and how)
• Deliver assurance reviews in line with quality expectations which align to the best practice industry standards and frameworks.  
• Job Responsibilities cont
• Assurance Planning and Execution for compliance risk across the business. 
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.
• Assignments conducted on time and within the budget. 
• Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented. 
• Execute the annual compliance risk-based program. 
• Provide input, review and ensure accurate reporting and articulation of compliance. 
• Provide guidance in the completion of subsidiary compliance risk monitoring programs. 
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection. 
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks. 
• Engage with stakeholders formally through determining scope of work, understanding and identifying client needs.

 
Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• CISA - Compliance Practitioner / Compliance Professional
• BCom (Hons) with articles

Essential Certifications
Certified Internal Auditor

• Compliance Institute of South Africa (CISA) (Compliance Practitioner)

Preferred Certifications

• Compliance Institute of South Africa (CISA) - preferred, not essential

Minimum Experience Level

• 5 years relevant experience in internal audit / compliance / risk management assurance within the financial services industry. 
• Preference will be given to candidates with strong compliance and assurance background  
• Technical / Professional Knowledge
• Change management
• Cluster specific operations
• Compliance reporting
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Reputational risk management
• Risk management process and frameworks
• Stakeholder management
• Codes of Good Governance
• Behavioural Competencies
• Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Quality Orientation
• Stress Tolerance