94 Compliance Audit jobs in South Africa

ROLE PURPOSE
The Senior Manager will lead and deliver governance, risk, compliance, and internal audit (GRC & IA) engagements with a specialisation in the Financial Services sector (banking, insurance, asset management, fintech). The role requires deep knowledge of regulatory frameworks, risk management, and assurance practices within FS, alongside the ability to work across industries where required. Candidates with professional services advisory experience will be strongly considered, while those with industry-side expertise in financial services risk and compliance are also highly valued.

Key Responsibilities
Client Delivery & Engagement Management

• Lead GRC & IA assignments for FS clients (banks, insurers, fintechs, investment firms), ensuring alignment with regulatory and industry best practice.
• Design, review, and implement FS-specific risk management frameworks, compliance programs, and governance structures.
• Deliver internal audit services across credit risk, market risk, operational risk, conduct, compliance, IT risk, and ESG.
• Conduct regulatory compliance reviews (e.g., FSCA, SARB, Basel III/IV, Solvency II, IFRS 9/17, AML/CFT, Twin Peaks).
• Provide clients with strategic insights into emerging FS risks (cyber, climate, AI/digital disruption, regulatory change).
• Ensure work is delivered in line with IIA Standards, ISAE, King IV, and relevant FS regulatory frameworks.

Leadership & People Management

• Lead, mentor, and coach FS-focused teams of managers, seniors, and trainees.
• Build subject matter expertise in financial services risk, audit, and compliance across the team.
• Promote a collaborative and high-performance culture.

Business Development

• Support partners in growing the FS advisory portfolio.
• Lead FS-specific proposals, RFP responses, and pitch presentations.
• Build deep client relationships with FS boards, audit committees, risk committees, and C-Suite executives.
• Contribute to thought leadership in FS regulation, risk management, and governance trends.

Quality & Risk Management

• Act as engagement quality reviewer on complex FS audits and compliance assignments.
• Ensure compliance with firm and regulatory risk management standards.
• Champion innovation in FS risk/audit delivery, including RegTech, AI-driven analytics, and digital audit tools.

Key Competencies & Skills

• Strong technical knowledge of FS regulatory frameworks, governance, and risk management.
• Expertise in risk-based auditing across FS domains (credit, liquidity, capital, compliance, conduct, ESG, IT risk).
• Excellent communication and boardroom presence with FS stakeholders.
• Commercial acumen with ability to translate regulatory risk into business strategy.
• Leadership and mentoring ability within specialist FS teams.
• Ability to manage large, complex FS client portfolios.

Qualifications & Experience

• CA(SA), CIA, CISA, CRMA, CFA or equivalent professional designation.
• 8-10 years' experience in FS-focused governance, risk, compliance, and internal audit.
• Prior experience in professional services/advisory firms (Big 4 / mid-tier) highly advantageous.
• Industry experience in FS institutions (banking, insurance, fintech, asset management) also valued.
• Proven ability to manage FS clients at C-Suite and board level.
• Familiarity with regulatory and governance frameworks (e.g., Basel III/IV, Solvency II, IFRS 9/17, FSCA/SARB requirements, King IV, AML, ESG).
• Exposure to technology risk, RegTech, AI/digital solutions in FS (advantageous).

PERFORMANCE MEASURES

• Quality and impact of FS client deliverables.
• Growth of FS client portfolio and revenue contribution.
• Client satisfaction at board, audit, and risk committee level.
• Effective leadership and team capability-building in FS specialism.
• Compliance with firm's quality and regulatory standards.
• Contribution to innovation and FS thought leadership.

ROLE PURPOSE

The Senior Manager will lead and deliver governance, risk, compliance, and internal audit (GRC & IA) engagements with a specialisation in the Financial Services sector (banking, insurance, asset management, fintech). The role requires deep knowledge of regulatory frameworks, risk management, and assurance practices within FS, alongside the ability to work across industries where required. Candidates with professional services advisory experience will be strongly considered, while those with industry-side expertise in financial services risk and compliance are also highly valued.

KEY RESPONSIBILITIES

Client Delivery & Engagement Management

• Lead GRC & IA assignments for FS clients (banks, insurers, fintechs, investment firms), ensuring alignment with regulatory and industry best practice.


• Design, review, and implement FS-specific risk management frameworks, compliance programs, and governance structures.


• Deliver internal audit services across credit risk, market risk, operational risk, conduct, compliance, IT risk, and ESG.


• Conduct regulatory compliance reviews (e.g., FSCA, SARB, Basel III/IV, Solvency II, IFRS 9/17, AML/CFT, Twin Peaks).


• Provide clients with strategic insights into emerging FS risks (cyber, climate, AI/digital disruption, regulatory change).


• Ensure work is delivered in line with IIA Standards, ISAE, King IV, and relevant FS regulatory frameworks.

Leadership & People Management

• Lead, mentor, and coach FS-focused teams of managers, seniors, and trainees.


• Build subject matter expertise in financial services risk, audit, and compliance across the team.


• Promote a collaborative and high-performance culture.

Business Development

• Support partners in growing the FS advisory portfolio.


• Lead FS-specific proposals, RFP responses, and pitch presentations.


• Build deep client relationships with FS boards, audit committees, risk committees, and C-Suite executives.


• Contribute to thought leadership in FS regulation, risk management, and governance trends.

Quality & Risk Management

• Act as engagement quality reviewer on complex FS audits and compliance assignments.


• Ensure compliance with firm and regulatory risk management standards.


• Champion innovation in FS risk/audit delivery, including RegTech, AI-driven analytics, and digital audit tools.

KEY COMPETENCIES & SKILLS

• Strong technical knowledge of FS regulatory frameworks, governance, and risk management.


• Expertise in risk-based auditing across FS domains (credit, liquidity, capital, compliance, conduct, ESG, IT risk).


• Excellent communication and boardroom presence with FS stakeholders.


• Commercial acumen with ability to translate regulatory risk into business strategy.


• Leadership and mentoring ability within specialist FS teams.


• Ability to manage large, complex FS client portfolios.

QUALIFICATIONS & EXPERIENCE

• CA(SA), CIA, CISA, CRMA, CFA or equivalent professional designation.


• 8–10 years’ experience in FS-focused governance, risk, compliance, and internal audit.


• Prior experience in professional services/advisory firms (Big 4 / mid-tier) highly advantageous.


• Industry experience in FS institutions (banking, insurance, fintech, asset management) also valued.


• Proven ability to manage FS clients at C-Suite and board level.


• Familiarity with regulatory and governance frameworks (e.g., Basel III/IV, Solvency II, IFRS 9/17, FSCA/SARB requirements, King IV, AML, ESG).


• Exposure to technology risk, RegTech, AI/digital solutions in FS (advantageous).

PERFORMANCE MEASURES

• Quality and impact of FS client deliverables.


• Growth of FS client portfolio and revenue contribution.


• Client satisfaction at board, audit, and risk committee level.


• Effective leadership and team capability-building in FS specialism.


• Compliance with firm’s quality and regulatory standards.


• Contribution to innovation and FS thought leadership.

Director: Internal Audit

REF NO: HR 5/1/2/3/27

Re-Advertisement applicants who previously applied are encouraged to re- apply

SALARY: R per annum, (all inclusive)

CENTRE: Compensation Fund, Pretoria

REQUIREMENTS: Undergraduate qualification (NQF Level 7) in Internal Audit/ Accounting/ Cost

and Management Accounting. Certified Internal Auditor – CIA is required. Professional Internal Auditor Certification – PIA as an added advantage. Statutory Body Requirements: Institute of Internal Auditors. 5 years' experience at a middle/ senior management level in an internal audit environment. Knowledge: Compensation Fund policies, procedures, processes. Performance Audit standard. Internal Audits standards. Customer Relationship Management. Budgeting and Financial Management. COIDA. Relevant stakeholders. Batho Pele Principles. Legislative Requirement: PFMA. National Treasury Regulations. Skills: Required Technical proficiency. Business Writing Skills. Analytical thinking. Decision making. Communication (verbal and written). Customer Focus and Responsiveness. People and Performance Management. Managing inter-personal conflict and Problem solving. Planning and organizing. Team leadership. External Environment Awareness.

DUTIES: Oversee the Compliance and Assurance Audits, ICT Audits, and Performance

Audits of the Fund in line with the relevant legislation, regulations and standards. Provide strategic leadership to the audit function of the Fund. Manage stakeholders and monitor the performance of the internal audit function of the Fund. Manage and maintain quality assurance and improvement program that covers all aspects of the internal audit activity. Manage resources in the Directorate.

ENQUIRIES: Ms. F Fakir Tel No:

APPLICATIONS: Chief Director: Corporate Services: P O Box 955, Pretoria, 0001 or hand deliver

at 167 Thabo Sehume & Madiba Street, Delta Heights Building or direct your application to: Jobs-

FORATTENTION: Sub-directorate: Human Resources Planning Practices and Administration,

Compensation Fund.

NOTE: Coloureds, Indians Whites and Persons with disabilities are encouraged to

apply

CLOSINGDATE: 19 September 2025 at 16:00 (walk-in) and 00:00 (online)

NOTE: All attachments for online application must include an application form Z83 and

CV only, in PDF and as one (1) document or attachment, indicate the correct job title and the reference number of the post on the subject line of your email. Use the correct email address associated with the post. JPEG (picture/snapshot) application will not be accepted. Failure to do so, your application will be disqualified. Applications quoting the relevant reference number must be submitted on the new form Z83, obtainable from any Public Service Department or on the internet at Received applications using the incorrect application for employment (old Z83) will not be considered. Each post(s) advert must be accompanied by its own application form for employment and must be fully completed, initialled and signed by the applicant as instructed below. Failure to fully complete, initial and sign the Z83 form will lead to disqualification of the application during the selection process. All fields of Section A, B, C and D of the Z83 must be completed in full. Section E, F, G (Due to the limited space on the Z83 it is acceptable for applicants to indicate refer to CV or see attached. However, the question related to conditions that prevent re-appointment under Part "F" must be answered and declaration signed. Only an updated comprehensive CV (with detailed previous experience if any) and a completed and signed new Z83 application form is required. Only shortlisted candidates will be required to submit certified copies of qualifications and other related documents on or before the day of the interview following the communication from Human Resources and such qualification(s) and other related document(s) will be in line with the requirements of the advert. Non-RSA Citizens/Permanent Resident Permit holders in possession of foreign qualifications must be accompanied by an evaluation report issued by the South African Qualification Authority (SAQA) (only when shortlisted). The Department does not accept applications via fax. Applicants who do not comply with the abovementioned instructions/ requirements, as well as applications received late will not be considered. Failure to submit all the requested documents will result in the application not being considered. Correspondence will be limited to shortlisted candidates only. All shortlisted candidates shall undertake a pre-entry practical exercise as part of the assessment method to determine the candidate's suitability based on the post's technical and generic requirements. The requirements for application of Senior Management Services (SMS) include the successful completion of a SMS Pre-entry programme (Nyukela) as endorsed by the National School Government (NSG). Prior to appointment, a candidate should therefore have proof that they have registered for the Pre- Entry Certificate and have completed the course. The cost for Nyukela is at the applicants own expense. The course is available at the NSG under the name Certificate for entry into SMS and the full details can be obtained by following the below entryprogramme/. All shortlisted candidates for SMS posts will be subjected to a technical competency exercise that intends to test relevant technical elements of the job, the logistics of which be communicated by the Department, following the interview and technical exercise, the selection panel will recommend candidates to attend generic managerial competencies using the mandated DPSA SMS competency assessment tools. Suitable candidates will be subjected to a personnel suitability check (criminal record, citizenship, credit record checks, qualification verification and employment verification). Please note by responding to the advertisement, you consent to the collection, processing, and storing of your Personal Information in accordance with the Protection of Personal Information Act (POPIA) Your information will be used soley for the purpose of this promotion and will not be shared with third parties without prior consent unless required by law. If you have not been contacted within eight (8) weeks after the closing date of this advertisement, please accept that your application was unsuccessful. The Department reserves the right not to make any appointment(s) to the below advertised post(s). The successful candidate will be required to enter into an employment contract and

a performance agreement. The Department is an equal opportunity affirmative action employer. The Employment Equity Plan of the Department shall inform the employment decision. It is the Department's intention to promote equity (race, gender and disability) through the filling of this post(s)

Our client, a leading multinational in the mining and natural resources sector, is seeking an
Internal Audit Specialist
to join their established team in Johannesburg. This role offers the opportunity to make a real impact by strengthening internal controls, supporting risk management, and enhancing governance across a complex global organisation.

Key Responsibilities:

• Plan, execute, and deliver end-to-end audit projects across multiple business units.
• Identify risks, assess controls, and recommend actionable improvements.
• Prepare clear, concise audit reports and present findings to stakeholders.
• Participate in technical updates, knowledge sharing, and quality assurance activities.
• Contribute to audit papers and reports for senior management and governance forums.

Key Requirements:

• CA (SA) or Certified Internal Auditor
• 5+ years' internal audit experience
• Strong technical knowledge of audit standards, risk frameworks, and control methodologies.
• Skilled in audit planning, execution, reporting, and data analysis tools.
• Excellent communication and stakeholder engagement skills, with the ability to influence across levels.

Purpose Statement

Accountable for the implementation of tactical work plans and formulate associated procedures to ensure the effective implementation of the Internal Audit strategy in line with the SABS's mandate and overall approved strategy; to provide independent and impartial co-ordination of processes to support the execution of the SABS audit plan, audit risk monitoring and identification, preparing and presenting audit findings and recommendations to management and provide independent assurance of compliance to statutory requirements, policies and procedures.

About SABS

The South African Bureau of Standards (SABS) is mandated to develop, promote and maintain South African National Standards (SANS), promote quality in connection with commodities, products and services, and render conformity assessment services and assist in matters connected therewith. Working for the SABS opens the mind to the world around you. We offer diverse career paths in dynamic environment that nurtures and recognises talent and potential. Become part of our vision of being a trusted standardisation and business assurance solution provider and join a team that fosters accountability, excellence and innovation in an inclusive workplace.

SABS is an equal opportunities employer, and our recruitment will be done in line with the Employment Equity Act 55 of 1998 and our EE Policy. Please note that applications received after the closing date will not be considered.

Qualifications

• Matric (Grade 12)
• Honours degree in Accounting or Auditing or Finance or related field (NQF 8)
• Professional certification in one of the following areas Chartered Accountant (CA(SA)), Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA)

Experience

• 10 years' relevant work experience in Auditing
• 3 years' senior management experience
• 5 years' management experience
• Proven track record in developing and executing Audits / Audit plans within a corporate environment
• Proven track record in preparing Audit reports
• Proven track record in leading and managing audit strategies within an organisation

Strategic Management

• Lead the development, management and execution of Internal Audit's strategy and provide input into the overall strategy, policy and decision-making direction of the organisation.
• Ensure alignment of Internal Audit's strategy with the requirements of all divisions, through the development and execution of strategic work plans.
• Set and drive comprehensive goals and objectives for performance and growth to support SABS's strategy and objectives.
• Lead and ensure the establishment, maintenance and improvement of Standard Operating Procedures, policies, and guidelines relating to Internal Audit in consultation with the CEO and Executive members.
• Develop a Centre of Excellence to balance technical know-how with customer/stakeholder requirements.
• Lead the establishment, review and monitoring of key performance indicators related to Internal Audit's strategy and business plans and identify areas for internal improvement and develops plans for implementation.
• Ensure productivity is measured effectively against set objectives.
• Ensure that Internal Audit achieves set objectives and that corrective actions are taken where the operational objectives are not achieved.
• Provide leadership and develop a strong team environment committed to the organisation's mission, vision, values and objectives in a manner that instils trust and credibility within the unit.

Operational Management

• Report directly to the Audit and Risk Committee and the SABS Board
• Ensure alignment of the unit to Treasury Regulations and the IPPF
• Develop and ensure implementation of an auditing strategy and system that effectively identifies and analyses risks to the business.
• Oversee and manage the end-to-end audit process including resourcing capacity, audit environment staff briefings, audit progress review, audit work review, audit control design, audit report finding preparation, stakeholder updates, development of the scope and objective of audits, specifying the resource requirements, engagement work programme and working papers.
• Ensure awareness of the workings of the audit process and the areas of concern to management and relevant stakeholders.
• Professionally communicate and present findings to senior leadership, report on the policies adopted for auditing, and the programmes and activities of the Auditing team

Risk and Compliance

• Ensure the mitigation of Internal Audit's risk profile through the application of fraud controls and risk prevention principles and implementing of sound governance and compliance processes and tools to identify and manage risks.
• Responsible for the coordination and maintenance of quality risk management in line with SANS/ISO and regulatory requirements.
• Monitor changes in legislation and the regulatory environment and ensure that appropriate operational controls are implemented to address new requirements.
• Ensure compliance with national legislation and SABS specific policies and procedures (e.g. Code of Ethics, PFMA PPPFA, etc.)

Financial Management

• Provide input in the planning and compilation of Internal Audit's annual budget aligned to the operational and strategic delivery plans to support the implementation of set objectives.
• Lead the overall financial performance and improvement of efficiency in service delivery within Internal Audit.
• Develop and manage financial plans, forecasts and budgets that will be used to initiate, drive and implement all Internal Audit related initiatives in line with the business strategy
• Ensure the effective implementation, management, monitoring of Internal Audit's budget, and mitigate and report on any variances.
• Ensure the deployment of proper financial controls to manage Internal Audit's budget.

People Management

• Manage and lead Internal Audit by providing clarity of vision; prioritising resources; facilitating alignment of the team; managing non-performance, driving a customer-centric performance culture, setting appropriate KPA's and ensure the cascading thereof throughout Internal Audit and driving their achievement; inspiring commitment; encouraging mutual support; and enabling development opportunities
• Mentor and coach executives and SABS leadership in the application of Internal Audit practices
• Proactively manage all direct reports in order to ensure that the strategic objectives for the division are achieved.
• Maintain excellent human capital performance within Internal Audit through various people management practices such as employee engagement, empowerment, skills development, attraction and retention of key talent, succession planning, etc.

Stakeholder Management

• Identify and mitigate internal systems and procedural barriers to enhance excellent customer service.
• Build and maintain effective internal and external stakeholder relationships for the purpose of expectations management, knowledge sharing and integration, and to manage the organisation's reputation.
• Represent and participate in the organisation's committees and tasks teams as required.
• Convene, chair and attend meetings and present performance and business related information to relevant stakeholders as required.
• Provide technical support and advocacy on Internal Audit services related matters to the organisation.

Purpose Statement
Accountable for the implementation of tactical work plans and formulate associated procedures to ensure the effective implementation of the Internal Audit strategy in line with the SABS's mandate and overall approved strategy; to provide independent and impartial co-ordination of processes to support the execution of the SABS audit plan, audit risk monitoring and identification, preparing and presenting audit findings and recommendations to management and provide independent assurance of compliance to statutory requirements, policies and procedures.

About SABS
The South African Bureau of Standards (SABS) is mandated to develop, promote and maintain South African National Standards (SANS), promote quality in connection with commodities, products and services, and render conformity assessment services and assist in matters connected therewith. Working for the SABS opens the mind to the world around you. We offer diverse career paths in dynamic environment that nurtures and recognises talent and potential. Become part of our vision of being a trusted standardisation and business assurance solution provider and join a team that fosters accountability, excellence and innovation in an inclusive workplace.

SABS is an equal opportunities employer, and our recruitment will be done in line with the Employment Equity Act 55 of 1998 and our EE Policy. Please note that applications received after the closing date will not be considered.

Job Overview

Business Segment: Group Functions

Location: ZA, GP, Johannesburg, 30 Baker Street

Job Type: Full-time

Job Ref ID: A-0001

Date Posted: 10/15/2025

Job Description

To lead and review the audit process for a portfolio of audits through audit execution and oversight of the audit team to independently and objectively provide assurance advice in line with the Group Internal and Audit strategy.

Qualifications

First Degree in Audit

Post Graduate Degree in Audit

Other Minimum Qualifications, certifications or professional memberships

Any Relevant Degree (e.g. Audit, Finance, Legal, IT, Data).

Relevant professional membership will be required based on specialty.

Other Preferred Qualifications, certifications or professional memberships

Risk Management

Experience required:

5-7 years experience in planning and executing audits as well as managing and engaging with various stakeholders at a Senior Level.

Experience in managing and leading teams with a proven track record of delegating and prioritizing tasks.

Good understanding and knowledge of corporate governance related laws and regulations.

Experience in planning, executing and reporting of corporate governance audits.

Experience in audits covering assessment of adequacy and effective of board and senior management governance processes.

1-2 years experience experience analysing complex sets of data to interpret, visualise and identify trends and understanding of IT controls.

.

Additional Information

Behavioural Competencies:

Developing Strategies

Documenting Facts

Establishing Rapport

Examining Information

Generating Ideas

Interacting with People

Interpreting Data

Making Decisions

Meeting Timescales

Producing Output

Taking Action

Upholding Standards

Technical Competencies:

Audit Project Management

Business Acumen (Audit)

IA Data Analysis

IA Technology Application

Internal Auditing

Maintain IA Professional Practices

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on or

Job Description

Manages the utilisation of resources on investigative assignments and projects

Investigates reports on fraud within the company

Hello future Audit Manager

FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you We have an opportunity available for an Internal Audit Manager in the FirstRand GIA Model Risk team, based in Johannesburg.

Are you someone who can:

Lead the audit team in providing assurance on the adequacy and effectiveness of risk management, governance, processes and controls over models across the entire FirstRand Group. More specifically the successful candidate will:

• Provide management over a portfolio of clients and deliver high quality audit, validation and assurance service, including preparing and reviewing audit plans and work.
• Maintain the highest technical and professional standard.
• Think strategically about client needs by understanding their business and key risks.
• Manage the quality of audit work output to ensure excellence is achieved through the application of risk-based reviews which include standalone, end-to-end integrated and entity wide audits
• Ensure that the audit team continually identify and report on potential financial, operational risks (including Model risk) and regulatory risk when conducting audits
• Ensure that actual vs. approved/revised plan (including special requests) achieve the required coverage %
• Manage the Annual Audit Plan, continually reassessing and revising based on key or emerging risks.
• Identifying ways to maximise the relationship with clients and deliver added value by elevating our status to trusted partner / trusted advisor.
• Ensure excellence in reporting to model governance and audit structures (Audit Committees, Technical and Risk Committees and the Regulatory Authorities)
• Identify opportunities for model usage, model risk management, governance and maturity assessments and reviews as well as the independent validation of certain models as per the requirements from risk management and model governance structures.
• Provide guidance to auditors throughout the reviews in respect of the strategy, risks, controls and governance on the process being audited or validated, and advising on technical, methodology and regulatory issues.
• Drafting reports highlighting relevant control weaknesses, risks, recommendations and insights, as well as effective relationship management and communication with clients elevating our status to trusted partner / trusted advisor
• Create opportunities for innovation and creative thinking and contribute to the learning and knowledge sharing culture of the team.

You will be an ideal candidate if you:

• At a minimum have a relevant B degree, majoring in Statistics, Mathematics, Actuarial Science, Engineering, Data Science, Econometrics, Quantitative Risk Analysis, etc.
• A post-graduate qualification such as an Honor's or Master's degree would be an advantage.
• Can code or program in SAS, R, MatLab, Python, SQL, VBA, etc.
• Other suitable qualifications such as CFA, FRM or Actuarial Board Exams will be considered as well.
• Applicants should have knowledge and experience in Credit, Market, Liquidity, Financial Crime, Advanced Analytics and Operational Risk, with a minimum of 3 years' experience in model development, validation or auditing or model risk management in these risk types.
• Experience in managing projects in areas related to model development and implementation, model validation or auditing will also be a requirement for this role.

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 comprehensive understanding of different risk types.

Are you interested to take the step? We look forward to engaging with you further. Apply now

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

21/10/25

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Empowering Africa's tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The Audit Manager – Strategic Risk is responsible for leading and executing internal audits primarily focused on strategic risk which is defined as the risk that the Group's strategic decisions and related execution activities may be inadequate to protect its competitive position and ability to generate sustainable shareholder value. The incumbent may also be required to assist with audits in other risk types, depending on the audits included in the annual plan.

The role ensures that governance, risk management, and control processes are effective and aligned with organisational objectives and includes providing an independent review of adherence to the relevant Policies and the effectiveness of the control environment. Additionally, the Audit Manager is accountable for the quality of audit work performed and for driving the efficiency and effectiveness of the audit team.

Job Description

Audit Planning

• Participate in the 6+6 audit planning cycle; provide input by taking into account the risk and control profile, business strategy and emerging risks affecting the business.

Assurance

• Plan the delivery of assigned audits to a high quality and in line with Key Performance Indicators as per the methodology. This will include adequate resourcing scheduling, meeting key deliverables in terms of audit timelines and review of audit work to confirm that the minimum requirements as per methodology are met.
• Perform thematic and enterprise-level risk assessments to identify key strategic risks

• Provide assurance on the effectiveness of the strategic risk management processes which include the following:

• strategy setting and review processes

• execution against strategy
• technology and people management processes
• scenario analysis and stress testing

• risk appetite and profile

• Monitor external trends and regulatory developments impacting strategic risk.

• Manage the execution of Design Effectiveness Testing (DEA) and Operational Effectiveness Testing (OET) of the audit team in line with methodology requirements and as per the requirements of the QA scorecard.

• Ensure audits and issues assurance within Key Performance timelines and resource budget

Leadership and Management

• Mentor and coach less experienced team members by providing guidance around the methodology and audit process, and manage the teams that assigned to the audit effectively by delegating audit work to empower each individual team member
• Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members

Teamwork

• Support IA management team to identify, attract, develop and retain talent on an ongoing basis.
• Engage proactively with Internal Audit colleagues during assignments and request technical assistance where required and based on knowledge of business areas, provide guidance to other auditors and peers by sharing best practice so that their work meets and sometimes exceeds quality standards.

Relationship Management

• Present effectively at stakeholder meetings and forums (e.g.: Risk and Governance Forums etc.) by sharing knowledge and information, including methodology, standards, changes and new developments, with business stakeholders on an ongoing basis, and develop and maintain relationships with accountable stakeholder management on each audit.
• Build effective relationships with CoE counterparts and fully engage them during audit reporting

Reporting

• Use business knowledge to assess evolving risks, write high quality reports with observations which are insightful, address the root cause, have agreed actions that fully mitigate the risk, support the Issues Assurance process and require no further audit work to support them

Knowledge Management

• Continuous upskilling on both technical and other core competencies.
• Keeping up to date with industry trends, regulatory changes and professional standards
• Develop an in-depth knowledge of the methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audit activities.
• Based on knowledge of business areas, provide guidance to other auditors and peers by sharing best practice so that their work meets and sometimes exceeds quality standards

Qualifications & Experience

• At least a Bachelor's degree in Finance, Actuarial, Risk Management, Accounting, or related field.
• Minimum 3 years of internal audit or risk management experience, with at least 1 year in a managerial role.
• Strong knowledge of strategic risk management, corporate governance, and internal control frameworks.
• Excellent analytical, communication, and stakeholder management skills.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised