Junior Internal Auditor - CIB Wholesale Credit at Absa Group Limited (Absa)

End Date: March 14, 2026

Key Responsibilities

Audit Execution and Delivery

• Ensure timely delivery of assigned tasks in accordance with agreed project timelines.
• Perform risk-based audits across financial risks, including planning, scoping (identifying key risks and controls), fieldwork, and reporting.
• Prepare audit observations that are concise, factually accurate, and clearly identify root causes and risks. Ensure agreed management actions fully mitigate identified issues.
• Evaluate the effectiveness of risk management practices, as pertains to the specific financial risk type under review.
• Assess compliance with regulatory and internal policy requirements (e.g., IFRS 9, Basel, National Credit Act etc as applicable).
• Utilize data analytics to inform audit testing strategies and obtain deeper insights into control effectiveness.
• Ensure delivery is aligned with internal audit methodology and quality standards.

Relationship and Portfolio Management

• Engage with stakeholders across the 1st and 2nd lines of defense.
• Conduct ongoing business monitoring and maintain a strong understanding of key issues and trends to inform audit planning and continuous risk assessment.
• Contribute to the Combined Assurance effort by collaborating with other assurance providers across the 3 Lines of Defense to strengthen the control environment.
• Provide clear input into risk and governance committee reporting, highlighting emerging risks and control gaps.

Skills and Experience

• Strong understanding of credit risk management practices and processes across the credit risk lifecycle.
• Experience in performing internal audits or risk reviews within a financial institution.
• Working knowledge of regulatory frameworks applicable to financial risk types (e.g., Basel II/III, IFRS 9, NCR etc).
• Proficient in data analysis and able to work with data specialists to design effective audit tests.
• Excellent written and verbal communication skills; able to present complex issues clearly to senior stakeholders.
• Strong time management, organizational, and stakeholder engagement skills.
• Independent thinker with strong professional judgment and attention to detail.

Education and Experience

• A minimum of 2-4 years’ experience in internal audit, retail credit risk, credit policy, or credit analytics.
• Demonstrated exposure to financial risk types and the associated risk management frameworks.
• Proficiency in data analysis tools such as SAS, SQL, and Excel; experience with risk models will be considered an added advantage.
• Bachelor’s degree in Risk Management, Actuarial Science, Statistics, or a related field is required.
• An Honours degree in Risk Management will be regarded as a distinct advantage.