Internal Auditor - Relationship Banking at Absa South Africa

Job Summary

• We are looking to recruit a suitably experienced/qualified Internal Auditor to join our RB IA team which covers the Business, Commercial, Wealth and Private Banking business.

Job Description

Key Responsibilities

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, ABSA Enterprise Wide Risk Management Framework and internal Policies and Policy Standards and IA mandate and IA Methodology.
• Ongoing learning and upskilling on RB and Banking industry knowledge (i.e. general and technical) through on the job, coaching, self-learning, external workshops or training for professional qualifications, and continual feedback and share with colleagues.
• Develop and maintain an in-depth knowledge of the RB business and IA methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audits.
• Deliver on work assigned by the Audit Manager to a high quality and in accordance with the requirements of the IA Methodology.
• Assist the Audit Manager with planning and execution of fieldwork and also during reporting phase, uniformly applying the methodology and quality standards, focusing the work on key risks, with minimum supervision from the audit manager  
• Develop and maintain relationships with key audit contacts on each audit and during business monitoring activities. Present effectively at stakeholder meetings and forums to share knowledge and information including methodology, standards, changes and new developments with business stakeholders on an ongoing basis.
• Engage proactively with the wider Internal Audit colleagues and request technical assistance where required from the Centres of Excellence during audits.
• Document all working papers in line with methodology requirements. The working papers must be accurate, reflective of work performed and support conclusions drawn.
• Ensure all audit observations and planned actions are factually agreed with management as soon as they arise agile auditing principles and display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified.
• Perform Issue Validation testing and documenting of the working papers in accordance with the requirements of the Methodology
• Actively contribute to Reporting for relevant RB Risk Committees and during annual planning for RB and wider IA plan.

Experience:

• Governance, Risk and Controls experience with a focus on RB environment.
• Basic knowledge of regulatory requirements pertinent to RB products and services e.g. FAIS, FICA
• Strong documentation and report writing experience
• Exposure to General Technology, use of Computer Assisted Audit Techniques (CAATs) and data analytics

Competencies

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Minimum Requirements

• 3 years’ experience in auditing, risk management or governance and control
• B Degree (Internal Auditing, Accounting, Commercial, Economics or Statistics)
• Certified Internal Auditor (CIA)/ Chartered Accountant (CA)

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)