Internal Audit Manager: Wealth at Nedbank

To manage and lead a team of professionals to deliver the annual audit plan thereby providing reasonable assurance to stakeholders that key risks are being mitigated through adequate and effective management controls in accordance with Group Internal Audit (GIA) methodology..

Job Responsibilities

The Internal Audit Manager, in the discharge of his/her duties, shall be accountable:

• Comply with regulatory and corporate governance expectations of internal audit functions;
• Report significant issues related to the processes for controlling the activities of the Group, including potential improvements to those processes;
• Report periodically on the measurable performance of GIA, including audit plan delivery and financial performance;
• Accountable for the delivery and measurable performance of GIA, including audit plan delivery against financial targets;
• Provide insights from the outcomes of internal audit work to appropriate governing bodies, including the GAC and Board Risk Committee;
• Maintain an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders including Institute of Internal Audit, SARB, External Audit and Business Executives.
• Build an effective team and performance of staff by implementing performance agreements and ensuring a clear vision.
• Ensure that staff stays abreast in field of expertise and deliver on the expectations from stakeholders.
• Create an environment of teamwork that contributes to Group Internal Audit (GIA).
• Build rapport and understand client current business reality, requirements, risks and expectations and consider key and/or emerging risks in annual audit plan.
• Build trusting relationships and improve credibility and quality of audit outputs by achieving team objectives through engaging with staff, peers and other departments.
• Ensure that billable hours, budgets and resources are optimally planned and quality audits are delivered. Deliver projects cost effectively and monitor the productivity of resources.
• Ensure improved productivity and the delivery of projects within agreed timelines. Ensure transformational target are met.
• Deliver world class service through others by creating a client service culture.
• Achieve operational excellence and support the implementation of business optimisation improvement in GIA.
• Identify and ensure compliance with laws, regulations, and guidelines and improve control culture.
• Identify and consider internal and external factors to develop and update annual risk based audit plan with clear levels of accountability
• Review the quality, relevance and commerciality of assignment audit reports.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Commercial or related degree;
• CIA / ACCA or other relevant qualifications

Preferred Certifications

CIA (Certified Internal Auditor)

Type of Exposure

• Being insightful and attentive to client needs
• Developing process flow documents
• Presenting to senior leaders
• Facilitating meetings and reaching participant consensus
• Auditing
• Sharing information in different ways to increase stakeholders understanding
• Identifying business risk.
• Drafting reports
• Analysing and interpreting quantitative and qualitative data
• Analysing situations or data that require an in depth evaluation of multiple factors
• Displaying high level of ethics, integrity and confidentiality

Minimum Experience Level

• 2 years Wealth, Insurance and/or Banking experience in a Risk / Audit role.
• Managed a team for a minimum of two years. Experience engaging with all levels of Management

Technical / Professional Knowledge

• Ethics and Fraud
• Governance, Risk and Controls
• Managerial Accounting Principles
• Microsoft Office
• Nedbank policies and procedures
• Nedbank vision and strategy
• Principles of project management
• Relevant regulatory knowledge
• Business writing skills
• Institute of Internal Auditors standards
• Auditing

Behavioural Competencies

• Applied Learning
• Earning Trust
• Communication
• Collaborating
• Decision Making
• Driving for results
• Managing Work
• Technical/Professional Knowledge and Skills