Jobs at FirstRand Corporate Centre

Job Description

Apply Risk Management processes within the area of responsibility

• Provide guidance and assist with requirements on changed or new risk tools
• Oversee the effective use of risk tools and monitor its effectiveness for the business
• Assist with preparation and analyses of reports for tabling at various Risk Committees
• Scrutinize risk reports submitted by the branch/business unit and ensure reporting and tools are in line
• Ensure data integrity, data structures and business line mappings are correct
• Monitor workflow issues in loss data system
• Document processes to enhance general ledger reconciliations and monitor data extractions for reporting purposes
• Monitor documented requirements and project manage deliverables
• Highlight risk areas through root cause analysis
• Monitor action plans on various risk tools
• Monitor risk reporting and escalate issues
• Deliver against operational and cost targets
• Prioritize resource allocation to minimise and reduce wastage
• Monitor costs for the financial year according to the operational plan
• Allocates and approves expenditure
• Review cost reports and resolves or explains variances to the budge
• Identify, control and escalate potential risks that may lead to increased costs
• Manage costs or expenses within approved budget to achieve cost efficiencies
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in
• Engage in cross-functional relationships to obtain and to provide work support
• Deliver customer experience excellence aligned to Organisational values and service standards
• Build professional long-term relationships with customers based on trust that builds the brand
• Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service
• Deliver service that exceeds customer expectations through proactive, innovative and appropriate solution selection and application
• Provide customers with relevant information to keep them informed of products and service options
• Innovate by finding the best fit solution for the situation such as the flexibility of delivery and customised solutions which result in more efficient outcomes
• Drive and embed risk capabilities in the business
• Ensure application of risk capabilities and tools are applied to identify, evaluate, report and monitor risk processes
• Drive a combined assurance approach to risk management by engaging specialists and other assurance partners on key risks matters
• Ensure comprehensive risk assessments are conducted in relation to products, services and solutions that are developed by the business are appropriate to manage the risks within the approved risk appetite
• Work with business unit to understand business, drivers, current concerns and future plans to mitigate risk to proactively identify and anticipate risks (including emerging risks)
• Identify, manage and mitigate interconnected / interdependency risks and provide relevant information to business and risk teams to appropriately manage and mitigate risk
• Understand changes of applicable risk policies and communicate to relevant stakeholders accordingly
• Keep abreast of relevant risk developments externally and ensure it is considered in the risk profile for the business
• Ensure development of appropriate solutions to identify losses and risk exposures and facilitate the effective implementation thereof
• Ensure business continuity management plans are reviewed and tested and aligned to business continuity strategy
• Assist business to identify risks inherent in key business processes, new products, business projects and key outsourced and insourced arrangements and critical third-party service providers
• Ensure business has designed and implemented controls to manage the risks identified
• Build a risk management culture through ensuring awareness campaigns to educate stakeholders to influence behaviour and drive the importance of compliance and good conduct
• Analyse business information, data and BU risk reports to identify trends and create qualitative risk status reporting with accurate and reliable business intelligence
• Prepare the relevant risk profile report in a format that is acceptable to senior management and risk governance committees and considers all key risks
• Ensure appropriate governance structures are in place in area of accountability
• Develop and communicate timelines for submission of relevant op risk reports to risk committee structures that align to Group Risk timelines
• Escalate significant risk issues to management or Enterprise Risk Management and risk governance structures as relevant
• Review risk management documentation and risk reports to ensure achievement of relevant risk strategy
• Track and report at the relevant forums and committees monthly on progress towards achieving the relevant risk strategy at defined intervals
• Ensure all stakeholders have been engaged and information provided by Project Management Office (PMO) is reviewed and challenged to ensure accuracy
• Escalate critical projects status to contribute to delivery against set timelines where required
• Set the strategy and create the enabling environment for active risk reduction by informing and looking at the key risk indicators (KRIs), re-assessing, and ensuring the control environment is perceived relative to risk appetite as well as ensuring changes to reduce, tolerate or mitigate risk are made accordingly
• Develop and maintain monitoring plan to ensure coverage of key controls
• Manage and ensure compliance to the applicable framework in relevant risk control monitoring plan
• Track feedback on results of monitoring activities to enhance relevant risk control environment
• Develop, encourage and nurture collaborative relationships across FRG
• Manage team performance in achievement of business objectives
• Participate in planned activities that are appropriate for own and employee development

go to method of application »

Are you someone who can:

• To lead the IT audit team and provide assurance on the adequacy and effectiveness of risk management and control over IT Systems and Platforms (application controls), General IT Controls, CAATs and Projects.
• Understand business processes and link these requirements to application controls to provide adequate end-to-end audit coverage.
• To take accountability for the management and development of the IT audit team and to provide consulting services to the client.
• Delivering Assurance and Consulting Services.
• Maintenance of an IT audit risk universe per business unit.
• Preparation of the annual IT audit plan per business unit, considering strategic plans and emerging risks.
• Ensure that customers are provided with world-class perspectives and solutions.
• Continually measure the impact of the audit service on the customer base.
• Drive the relationships with the customer.
• Represent GIA at appropriate client forums and committees.
• Add value to the processes and the business of the customers.
• Implemented and maintain the GIA strategy for all assurance services provided. Align assurance services to the overall GIA strategy.
• Build relationships with customers that will result in a long-term win-win partnership.
• Delivering Assurance and Consulting Services.
• Develop and maintain the audit population and risk universe for the business unit.
• Preparation of the annual audit plan, considering strategic plans and emerging risks.
• Provide input and assist with the preparation and review of the various committee packs.
• Identifying opportunities and driving an integrated audit approach between process audit and IT audit.
• Implemented and maintain Computer Assisted Auditing Techniques (CAATs) for control testing ensuring efficiencies is introduced in the audit process.

You will be an ideal candidate if you:

• Extensive experience and knowledge on review of business processes, Application Controls Review, CAATS and Project Auditing is a pre-requisite.
• Honours degree in Information Systems.
• CISA will be an advantage.
• Minimum Qualification: CISA, CISM, CRISC, CIA, CA (SA), BCom or relevant IT audit related qualification at a post graduate level.
• Experience: 5 years management experience in an internal or external audit in the banking and financial services sector is a prerequisite.
• Data analytics experience is highly beneficial.
• Experience in financial crime and / or internal finance controls is highly beneficial.

You will have access to:

• Challenging work in a complex and exciting environment
• Opportunities to innovate and create efficiencies.

We can be a match if you are:

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.
• Have a general understanding of different risk types.
• Are you interested to take the step? We look forward to engaging with you further. Apply now!