Internal Auditor - Treasury at Absa

Job Summary

To monitor the treasury risk profile, execute audit assignments in the treasury function in accordance with the Group Audit Plan and Internal Audit methodology, relevant policies, procedures and quality standards. Provide timely feedback on audit opinions, assessments of treasury key risks and emerging risks to inform the forward looking audit coverage. Partner with business to create an effective control environment for the treasury functional areas.

Job Description

We are looking for an Internal Auditor to join the Internal Audit – Treasury team. Key to this role is the ability to assess the effectiveness of internal controls, execute audit assignments in the treasury function in accordance with the Group Audit Plan and Internal Audit methodology, relevant policies, procedures and quality standards. If you have a good understanding of the treasury functional areas, then this could be an exciting opportunity you may want to explore!

Key Responsibilities

• Keep the Audit team up to date on key regulations and policies relating to treasury functions (i.e. Asset and Liability Management, Liquidity and Funding, and Capital Management).

• Develop and maintain relationships with the heads of the respective treasury functions by attending continuous stakeholder meetings. In addition, engage closely with stakeholders during assignments and encourage open discussion and interaction with business on the risks associated in their environment.

• Attend forums of stakeholder (e.g. Treasury Risk and Control Committee) and other assurance providers (i.e. 2LOD) and share information on changes and new developments in the audit methodology.

• Provide the Audit team with write-ups on key risk assessments and risk profile for the Treasury functions.

• Assist the Audit team with the validation of audit issues.

• Support the Audit team in the identification of risks to be tested by participating in audit planning sessions.

• Develop an in depth knowledge of the audit methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audit activities.

• Improve treasury knowledge (i.e. general and technical) through self-learning, external workshops or training for professional qualification

 Experience:

• Risk management experience with a focus on Treasury environment.

• Basic knowledge of regulatory requirements across liquidity risk, capital risk and interest rate in the banking book.

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

• Two years’ experience in risk management or auditing

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised