Jobs at FirstRand Corporate Centre

Job Description

• Responsible for auditing of the governance, financial, business and operational processes at divisional and business unit level within the FirstRand Group

 Are you someone who can:

• Obtain a good understanding of the control environment being audited (including information technology, internal financial control, and risk management related aspects), and the interdependencies linked to this.
• Plan audit assignments based on key process and business risks identified and design the audit program in line with risks and key controls to be tested.
• Incorporate data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork.
• Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices and internal controls.
• Provide clear and sufficient audit evidence to support recommendations and audit opinion.
• Effective communication with the audit team, audit management and key stakeholders.
• Identify opportunities to improve internal controls, including internal financial controls.
• Identify and clearly articulate the root cause of issues identified and impact thereof and recommend changes to business processes that will address the control weaknesses.
• Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed, with minimal editorial changes.

You will be an ideal candidate if you:

• Qualified CA(SA)/CIA
• At least 3 years’ experience in internal or external audit preferred, with strong financial acumen.
• Articles and professional certifications will be advantageous.
• Experience with data analytics will be advantageous.
• Experience in banking or financial services industries will be an advantage, more specifically Group Treasury related activities
   

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Job Description

• To ensure the completion of the Credit Regulatory Reporting requirements and deliverables. Responsible for calculating and reporting the Bank's key credit and capital ratios both internally and to the regulators.

Are you someone who can:

• Produce and deliver reports in accordance with the regulations by analyzing, calculating and compiling data (report schedules or information) as stipulated by the regulator and internal stakeholders.
• Stay abreast of and maintain expert knowledge of regulatory changes and industry best practices.
• Assist with developing and maintaining credit risk regulatory reporting policies and procedures that align with the regulatory requirements and best practices.
• Oversee the preparation and submission of credit risk reports/returns to the regulators, senior management, and other stakeholders.
• Review and validate the credit regulatory data and reports for quality, consistency, and accuracy.
• Identify and resolve any data or reporting issues and implementing corrective actions.
• Providing guidance and support to the credit risk analysts and other business units on credit risk regulatory reporting matters.
• Analyzing the credit risk exposures and trends of the group and providing insights and recommendations.
• Keeping abreast of the latest developments and changes in the credit risk regulatory environment and ensuring compliance with the applicable rules and regulations.
• Liaising and collaborating with the regulators, auditors, and other external parties on credit risk regulatory reporting issues.
• Ensure internal stakeholders' confidence in FirstRand's ability to meet regulatory requirements by communicating and explaining important metrics and information to appropriate stakeholders.
• Investigate variances and communicate findings to relevant internal stake holders with a view to resolving the issue, improve operational efficiencies and preventing similar occurrences in future.
• Ensure the growth of Group Risk’s reputation with defined stakeholders through adequate and proactive communication, using appropriate communication channels.
• Engage with SARB on issues of regulatory interpretation and significant actual or potential movements.
• Engage with external auditors to provide information, discuss findings, and resolve outstanding issues.
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in.
• Maximize the effectiveness and efficiency of the regulatory reporting framework by meeting and improving targeted operational standards and ensuring high levels of straight-through processing of data and single-source principles.
• Create / enhance templates to inform business decision-making and openness to innovative thinking.
• Take ownership of personal career development, leveraging formal and informal opportunities.

Qualification:

• CA/SA

Personal Attributes:

• High attention to detail and accuracy.
• Strong ethical standards and integrity.
• Ability to handle confidential information with discretion.
• Proactive and self-motivated with a strong sense of responsibility.