Senior Audit Manager: Finance at Nedbank

Job Purpose

To deliver on the annual audit plan thereby providing reasonable assurance to stakeholders thatkey risks are being mitigated through adequate and effective management controls inaccordance with Group Internal Audit (GIA) methodology.

Job Responsibilities

• Support the periodic assessments of the outcomes of internal audit work to appropriategoverning bodies, including but not limited to the GAC, Risk Committees, and othergovernance committees as required;
• Support the reporting on the overall effectiveness of the governance, risk and internalcontrol framework of the Group;
• 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 progress of the audit plan delivery;
• Maintain and report on whether the Shared Services and Operational Risk audit team hassufficient professional audit staff with knowledge, skills, experience and professionalqualifications to meet the requirements of the audit plan;
• Accountable for the delivery and measurable performance of the Shared Services andOperational Risk audit plan, including assisting to execute the audit plan deliverables (asrequired) as well as manage the team;
• Apply judgement to provide an overall audit opinion on the system of internal financialcontrols as it relates to the impacted compliance risks;
• Provide insights from the outcomes of internal audit work to appropriate governing bodies;
• Implement effective and efficient audit processes to ensure that audit processes areoptimized and comply with regulatory and corporate governance expectations of internalaudit functions.
• Develop and maintain relationships with business and key stakeholders to ensurerobustness and completeness of audit coverage and contribute at an insightgenerator/trusted advisor to business to enhance assurance provided of the controlenvironment;
• Contribute to the development of a 12-month rolling audit plan using a risk-basedmethodology, taking into consideration specific business strategic focus areas, regulatoryrequirements pertaining to internal audit, as well as including any risks or control concernsidentified by management, the GAC and the Board;
• Have a robust process in place to follow-up and report on progress in implementing agreed actions to address issues identified by the audit plan;
• Maintain an open and constructive relationship with key executives, stakeholders (Cluster and Group) as well as second line risk functions across the Group by providing value added services and sharing information regarding the compliance coverage plan;
• Essential Qualifications - NQF Level
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Chartered Accountant (CA); and or
• Certified Internal Auditor (CIA)

Minimum Experience Level

The following minimum experience is required:

• At least 8 years banking risk and or audit experience in:
• Finance (accounting, finance and tax risk)
• Balance Sheet Management (interest rate risk, capital risk and liquidity risk)
• Operational Risk
• People Risk
• IT and data (application controls)
• Working with other lines of defence
• Experience in leading and managing teams (leadership and team effectiveness