Internal Audit Manager at Discovery Limited

Job description

We are looking for smart, energetic, experienced and dynamic achievers who take initiative and ownership, and who thrive on constant challenges and high-speed change to join us on this journey.

If you have an entrepreneurial mind and appreciate calculated risks, then the Discovery environment will liberate you to realise your full potential.

Job Purpose:

The Internal Audit Manager provides assurance to Discovery Purple (Proposed Bank) in line with the ‘three lines of defense’ model. The Manager will work with assurance providers to develop and implement an assurance framework to support the delivery of an integrated and efficient audit service. The incumbent will be required to assist in the development of the audit plan, perform fieldwork, develop audit reports and manage stakeholder relationships. The incumbent will also need to have a good understanding of typical banking risks.

Key Responsibilities:

• Develops the Audit Universe, Annual Internal Audit plan and the three-year rolling plan aligned to risk-based auditing principles.
• Develops and maintains internal audit methodology and procedures.
• Leads and conducts audits in line with IIA standards with the team (including financial, operational, credit and model audits).
• Develops, implements and operationalizes monthly issue tracking process.
• Prepares Committee packs and attends meetings as required.
• Implements and maintains quality standards for all internal audits.
• Develops, maintains and manages stakeholder relationships

Work Experience

A minimum of three years internal audit experience in retail banking in a similar financial institution is essential. Experience across IT, finance, models, credit and operational risk auditing is essential. Knowledge of the regulatory landscape for Banking is mandatory - experience in regulatory audits for at least two years is required.

Education:

Required:

Bachelors degree within finance or commerce with audit as a major

Preferred:

CIA, CA or similar Internal audit qualification

Personal Attributes:

• Problem solving
• Driving results
• Learning on the fly

Technical Skills:

Required:

• Internal Auditing
• Data mining / data analytic skills
• Risk management (Operational, Financial, Credit, Models etc)

Preferred:

• Conflict management and resolution
• Project Management

Knowledge:

Required:

• Retail Banking
• IIA International Professional Practices Framework (IPPF)
• Minimum three years internal audit experience in retail banking.

Preferred:

Legislation impacting banks

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.