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Audit Manager

R 20.000,00 monthly Gert Sibande, Mpumalanga 19 August

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  • Description


  • A position has become available for a Audit Manager.
    The candidate will be responsible for the management, supervision and review of the Internal audit function of the bank. The Audit Manager will report directly to the Audit Committee Chairman, functionally to the Head of Group Internal Audit (GIA) and administratively to the Chief Executive Officer.
    This individual’s role includes:
    Evaluating, reviewing and improving the effectiveness of the Bank’s risk management, control, capital management and governance processes and/or systems.
    Reviewing the overall internal controls to ascertain that the internal control system & risk management (including financial reporting and operational controls, accounting system and reporting structures) are adequate/effective;
    Development and execution of a long term and annually approved audit plan after annual enterprise-wide risk assessment, formally approved at the beginning of the every year by the Local Audit Committee and Head of GIA.
    Monitoring compliance with the best practices of Corporate Governance and alignment with Group standards;
    Review and determination of the effectiveness of the compliance process with local statutory requirements; Parent Company & internal guidelines, policies and procedures;
    Ensuring that strong and sustainable remedial actions are instituted by the management on issues identified in internal audit reports & a formalised tracking system is in place;
    Reviewing regulatory inspections, external and GIA reports and findings and ensuring required sustainable remediation has taken place by the management on such matters;
    Consideration of any other issue or matter as may be assigned by the Head of GIA, Local Audit Committee and/or SA Reserve Bank (SARB).
    Attend Audit Committee meetings and present all High and Medium Risk issues for appropriate action by the management, report on effectiveness of the control environment and progress made in respect of the plan.
    Attend and present at the annual trilateral meeting with the SARB and attend all management committee meetings.
    Training, continued professional development and performance management of the staff in the Internal audit department and keeping abreast with legal & regulatory environment.
    Complying with the framework as defined by the Institute of Internal Auditors and adherence to Regulation 48 of the Regulations relating to Banks on Internal Audit.
    Education and experience
    In keeping with the seniority of the position the minimum education and experience profile for the incumbent is as follows:
    Relevant related qualification (CIA/CA preferred). Experience will be primary for the role, and qualifications a secondary requirement.
    Minimum of 3-5 years' experience in the relevant field required. Preference will be given to persons with experience in a banking institution.
    Salary : Market Related


  • Number of vacancies: 1
  • Requirements

  • Minumun level of education: Diploma /Bachelor's/ N6
  • Years of experience: 3
  • Availability for travel: No
  • Availability for change of residence: No

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