56 Compliance Audit jobs in South Africa

Purpose of the job:

The Senior Internal Auditor supervises and ensures that the project runs efficiently and profitably from inception to sign-off by managing all the relevant stakeholders in accordance with the Firm's policies and procedures and IIA Standards. The Senior Internal Auditor will ensure a high standard quality of deliverables to clients is maintained and all project deadlines for self and subordinates are adhered to.

The Key outcomes of this role are:

People:

• Staff Development (training and performance management)
• Staff relationships
• Values (REACT)

Client:

• Client Relationships (NPS)
• Internal Audit Plan Development
• Audit Committee Submission

Processes & Quality:

• Internal Audit project coordination and supervision (deadlines)
• Delivering high standard deliverables on time
  • Pentana (Planning / execution / reporting)
  • Quality Assurance (review of team work and clearing manager notes)

Project Planning 

Planning processes:

• Drafting of Scope Letter.
• Issuing of document requests (RFI) and gathering of relevant information. 
• Review and finalise the process walkthrough (system descriptions)
• Selection of samples as per the sample methology.
• Update of staff planner.  

Audit Work Programme

• Finalise a detailed Risk & Control Matrix for the process under review, in conjunction with the AM/M.
• Ensure that each risk identified is aligned to a control and audit procedure.
• Document the Risk and Control Matrix on Pentana, with minimal review notes by AM/M/SM.
• Assist in allocation of audit procedures to the execution team

Execution

• Executing allocated audit procedures as per approved Risk and Control
• Matrix (complex procedures - no more than 25% in general. Percentage may differ in consulting projects).
• Finalising findings with relevant process owners to confirm factual correctness, including the root cause and recommendations.
• Complete execution within allocated time/cost budget and communicate challenges, overruns and issues in advance. Assists and guides IA/JIA.

Client Management

• Assist with overall client management functions in conjunction with AM/M/SM:
  • Liaison with client.- Preparation of draft ARC/management reports.
  • Client plan management.

Quality and process

Execution

• Review working papers and findings of IA/JIA with constructive coaching notes, in line with IIA Standards.

Project Administration (Time & Attendance)

• Daily completion of timesheets and disbursement claims for inclusion in WIP
• Monitoring of project Budget/WIP on a daily basis.
• Remaining within the allocated hours and / or communicating overruns with The Manager/Senior Manager & Director.
• Commence and finalize allocated work within specified timeframes, as per resource planner and agreed upon with Manager or Director.

Team Evaluations

• Timely completion of own Project Performance Appraisal document (within 7 days after completion of the audit report).
• Timely review of the  IA/JIA's  Performance Appraisal (within 7 days after receipt of from the JIA).

Declaration of interest

• Signed declaration of interest for the client (Internal Document)
• Ensure that the audit  team has completed and signed the declaration of interest forms.

Quality

• Ensure that audit work and draft findings are adequately documented and substantiated with audit evidence on Pentana.
• All items on Pentana have been reviewed and signed off.
• Update and ensure the engagement file is ready for review on Pentana. 

Reporting

• Finalising findings with relevant process owners to confirm factual correctness, including the draft root cause, effects and recommendations.
• Development of a full draft report for management finalisation.

Communication

• Communicate with the AM/M/SM in a timely manner on progress of work and any challenges being experienced.
• Communicated with the team in relation to the project.
• Timely communication with the client.

People Development, Learning and Growth

CIA Certification

• Pass two out of three parts of the CIA exams

Generic Factors:

• Flexibility
• Reliability
• Acceptance of Responsibility
• Able to perform work and deliver without constant supervision/guidance.
• Shows commitment to the client, engagements and BDO.
• Constantly accepts responsibility in a competent manner.
• Can be relied upon to accept responsibility in respect of other employees in their absence when requested to do so.
• Requires minimal level of supervision and coaching.

Training and Development

• Keeps abreast of work related developments.
• Attendance of at least 85% of training interventions.
• Maintains or improves Skills Matrix rating to 85%.
• Maintains CPE hours & reporting (if certified).

Peer Assessment

• Obtain a minimum score of 75% in the 360-degree assessments 

Interpersonal skills and Teamwork

• Co-operates well with supervisors, colleagues and those supervised.
• Is polite and respectful of others. Demonstrates a sound and healthy attitude when interacting with others.
• Able to influence and communicate well as part of a team.  Works to achieve team objectives.
• Requires normal level of supervision and guidance.  

Requirements:

Qualifications

• Four year qualification in Internal Audit /B.Com Honours Internal Audit /or 
• Informatics /or Computer Science
• CIA/CISA/CFE

Experience

• Minimum 4 years working experience of
• Internal / IT Auditing:
  - 3 years trainee
  - 1 year supervisory level in IA/IT Auditing

Training

• For Internal Audit - COSO, IDEA, Pentana
• For IT Audit - ITIL, IDEA,COBIT
• For Forensics - IDEA
• Adequate Knowledge Base - King IV

Are you a seasoned banking professional looking for an exciting new opportunity? Join this growing dynamic team at a leading global commercial bank as the Head of Internal Audit for their venture into the vibrant Namibian market!

As the Head of Internal Audit, you will play a pivotal role in ensuring compliance with sound internal auditing standards while establishing and implementing robust audit charters, plans, and procedures. Reporting directly to the Board Audit Committee , your responsibilities will include coordinating and supervising audit functions to monitor compliance with policies, guidelines, and regulatory requirements.

1. Conduct periodic income assurance exercises to identify and rectify income leakages.
2. Ensure 100% compliance with policies, procedures, and applicable laws.
3. Foster effective collaboration with regulators and external auditors.
4. Conduct annual vulnerability tests on the bank's systems.
5. Provide timely reports and feedback on assurance services to the Board.
6. Assess bank-wide controls and evaluate operational risks.
7. Prepare detailed inspection reports for management review.
8. Develop, train, and evaluate the performance of audit staff.

1. Minimum of a first degree in any business-related discipline; ACIB, CA, or ACCA certification.
2. Formal training in banking law and regulations.
3. At least 8 years of banking experience, with 4 years at a management level in banking operations or audit/investigations.
4. Proficiency in banking operations, accounting, and audit processes.
5. Strong knowledge of domestic and international banking operations.
6. Familiarity with process re-engineering and total quality management principles.

If you meet the above requirements, please send your resume DIRECTLY to:

If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles/positions.

Reference: NFR003275-KM-1

Are you ready to revolutionize audit landscapes through digital transformation, robust risk management, and seamless project execution? Our client, a beacon of innovation in the financial services cosmos, seeks a Senior Audit Maestro to spearhead their digital evolution while ensuring the utmost efficiency in project management practices. In this electrifying role, you'll harness your strategic prowess to execute transformative initiatives, infusing their audit function with the power of technology and innovation while safeguarding our organization against potential threats and ensuring project success.

1. Digital Transformation: Drive the execution of bold digital transformations, leveraging cutting-edge technologies to enhance audit efficiency and effectiveness.
2. Project Management: Dive deep into project management, ensuring the seamless implementation of digital initiatives and technology solutions into our audit processes and workflows.
3. Agile Programming: Embrace agile methodologies to adapt swiftly to technological advancements, fostering innovation and continuous improvement.
4. Data Analytics: Harness the power of data analytics to extract actionable insights from audit data, enabling proactive risk identification and strategic decision-making.
5. Automation: Champion the automation of manual audit tasks and processes, streamlining operations and freeing up resources for higher-value activities.
6. Risk Management: Assess and mitigate emerging risks within the digital landscape, proactively identifying potential vulnerabilities and implementing control measures to safeguard our organization's assets and reputation.
7. Control Environment: Evaluate the design and effectiveness of internal controls, ensuring alignment with industry best practices and regulatory requirements to mitigate risks and enhance governance.
8. Collaboration: Foster collaboration with IT and digital teams to align audit objectives with broader digital transformation initiatives across the organization, driving synergies and maximizing value.

1. Bring your A-game with a BCom, BCompt, BSc (mandatory).
2. Polish your credentials with certifications like Certified Information Systems Auditor (CISA) and the optional Certified Internal Auditor (CIA).

1. Set the stage with 8+ years of strategic wizardry in financial services, with a focus on internal audit.
2. Dive deep with 8+ years in insurance and/or wealth management.

Ready to lead the charge and transform audit for the digital age while ensuring project success and mitigating risks? Join our client's ensemble of financial trailblazers and embark on a journey of audit excellence! Apply now and let's redefine your future together!

R 1 500 000 - R 1 800 000 - Annually

A Leading Financial Services client requires a Senior Internal Audit Manager to assist the Chief Internal Auditor in providing reliable, value added and independent assurance to the Board and Shareholders on the effectiveness of the internal control environment.

Responsibilities:

1. Application of the internal audit framework, methodology and internal audit charter.
2. Performance of business-wide (universe) inherent risk and control risk assessments.
3. Planning of internal audit assignments per the risk assessment.
4. Definition of testing strategies.
5. Relationship building.
6. Creation of internal audit reports.

Minimum Requirements:

1. Relevant University Degree required.
2. A minimum of 7 years in Internal Audit experience in Banking.
3. At least 5 years experience in executing and managing Internal Financial Controls, IFRS 9, ICAAP, Basel Pillar III; Credit; Treasury and Business as Usual reviews.
4. Good understanding of internal control and related internal audit methodologies and techniques.

Salary Market Related

Our firm's internal audit department is looking for eligible candidates for the role of senior internal auditor.

1. Must ensure that policies and procedures are strictly adhered to.
2. Must be committed to ensuring client services are met.
3. Must portray a professional image at all times.

1. Must have an Accredited B.Com Accounting/Auditing Degree or Diploma/B.Tech in Internal Audit.
2. Experience in Internal Audit at Local Government Level.
3. Must have a passion for internal auditing.
4. Must have excellent MS Office skills.
5. Must have excellent communication skills, both verbal and written.
6. Must be well-spoken and well-presented.
7. Must have a Valid Driver's License and willingness to travel to other Provinces if and when required.

1. Member of IIA and currently pursuing the CIA designation.

Remuneration will be dependent on experience and academic qualification. Separate Subsistence and Travel Allowances apply when traveling.

Please respond to the advert or send CV's and copies of transcripts to

Pooven Chetty & Associates t/a Umnotho Business Consulting

The Manager of Internal Audit will support the Chief Internal Auditor in overseeing the day-to-day operations of the Internal Audit Department. Additionally, they may contribute to strategic initiatives, both within the Internal Audit Department and across other areas of the bank.

Internal Audit, under the leadership of the Chief Internal Auditor, plays a pivotal role in ensuring the department's quality standards. They oversee and support auditors in various audit functions including integrated audits, operational assessments, risk-based evaluations, follow-up procedures, consulting initiatives, compliance reviews, and ad-hoc audits as needed.

1. Manage the budget for the audit department effectively.
2. Meet deadlines for all tasks promptly.
3. Ensure continuous productivity in completing audit deliverables.
4. Fulfill responsibilities in function development, such as training team members, implementing data analytics, and measuring KPIs.
5. Produce high-quality audit reports that contribute value.
6. Receive positive feedback on satisfaction reports.
7. Aid in the establishment of the internal audit division.
8. Take charge of the team and ensure supervision of internal auditors, as needed.
9. Contribute to enhancing the department's knowledge repository.

1. Internal Audit Qualification or related minimum BCom Internal Auditing required.
2. BCom or BCom (Hons), an equivalent degree in internal auditing or relevant degree.
3. CIA / CISA preferable or working towards completion thereof.
4. Minimum 5 years in Audit and/or Internal Audit, thereof 3 years supervisory experience.
5. Internal audit articles at a Big 4 advantageous.
6. Internal audit exposure in Banking.

Permanent Employment (Hybrid)

All permanent roles have the following benefits: Medical aid, provident fund, staff banking.

Please Note:
– If you have not been contacted within two weeks (post CV submission date), please consider your application unsuccessful.
– By applying for this position, you hereby give consent for your personal information to be retained on our database for future employment opportunities and further grant consent for your personal information to be accessed by third parties, strictly for the purposes of recruitment and/or employment purposes. Furthermore, you hereby confirm that any information you have provided is true, correct and up to date.

• Lead a team of audit professionals, ensuring delivery of high-quality, risk-based audits aligned to the IA methodology.
• Engage confidently with Boards, Managing Executives, Regulators, and Excos across the cluster.
• Develop and execute an annual audit plan for Advice & Investments, using data and digital insights to enhance assurance outcomes.
• Drive a culture of performance, learning and innovation, and act as a coach and mentor.
• Strengthen combined assurance efforts and contribute to strategic IA and Group initiatives.
• Maintain up-to-date knowledge of financial markets, emerging risks, and industry regulations.

• Matric (Grade 12)
• Bachelors degree in Business, Commerce, or related field
• Relevant professional qualifications: CA(SA), CIA, CISA

• Minimum 15 years of audit or related experience, preferably within financial services or Big 4
• Expertise in banking, insurance, investments, and financial advisory
• Registered or eligible to be registered with the Prudential Authority as a Key Person

• In-depth knowledge of risk-based audit methodology, regulatory compliance, and internal controls
• Strong leadership and talent management skills
• Excellent verbal and written communication, able to engage at Executive and Board level
• Proven ability to strategize, problem-solve, and lead in complex matrix environments
• Commitment to ethics, integrity