Internal Auditor: Card and Payments at Nedbank

Job Purpose

• To conduct internal audits to provide information used to provide independent; objective assurance to the Nedbank Group Limited Board of Directors; that the governance processes and management of risk 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 culture of the Group.

Job Responsibilities

Audit Planning & Delivery

• Lead and execute end-to-end audit engagements in line with the internal audit methodology and quality standards.
• Develop risk-based audit scopes, leveraging data analytics and business insights to identify emerging risks.
• Perform detailed testing of controls across operational, technology, and financial processes.
• Ensure audit work is delivered on time, within scope, and to required quality benchmarks.

Data & Technology Auditing

• Apply data analytics techniques (e.g., SQL, SAS, scripting, automation tools) to enhance audit effectiveness.
• Assess IT general controls, application controls, system configurations, and data integrity.
• Engage with technology teams to validate technical controls, system changes, and data lineage.

Banking & Payments Expertise

• Provide subject-matter insight on banking operations, including payment systems, acquiring, digital channels, card operations, settlement processes, and regulatory requirements.
• Evaluate risks and controls across end-to-end payment lifecycles (authorisation, clearing, settlement, reconciliation).
• Stay updated with regulatory expectations (e.g., PASA, SARB, ISO 20022), and emerging risks in digital and real-time payments.

Stakeholder Management

• Present audit findings clearly and constructively, both verbally and in writing.
• Influence business improvements by providing value-adding recommendations and insights.

Reporting & Governance

• Prepare high-quality audit reports that articulate risks, root causes, and control deficiencies.
• Contribute to the development of the rolling risk-based audit plan.
• Track and validate remediation of agreed audit findings, ensuring sustainable fixes.

Job Responsibilities 

• Essential Qualifications - NQF Level
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Honours with articles , Advanced Diplomas/National 1st Degrees
• Preferred Certifications
• CIA (Certified Internal Auditor)

Minimum Experience Level

• 4–6 years’ experience in internal or external auditing, risk management, or related fields.
• Experience auditing within the banking, financial services, or payments environment.
• Demonstrated experience with data analytics and IT audit techniques.
• Relevant tertiary qualification in Accounting, Auditing, IT, or related fields.
• Professional certifications advantageous (e.g., CIA, CISA, CISM, PASA).
• Technical / Professional Knowledge
• Understanding of payment systems & processing, and/or card acquiring & issuing
• Proficiency in data analytics tools and languages (e.g., SQL, Python, ACL/IDEA, Power BI).
• Knowledge of ITGCs, cybersecurity fundamentals, and system controls testing.
• Ability to interpret complex datasets and derive meaningful insights.

Behavioural Competencies

• Applied Learning
• Communication
• Collaborating
• Decision Making
• Technical/Professional Knowledge and Skills

Closing Date:  13 February 2026