Role details

Manager: Internal Audit Business Banking

Johannesburg   •  Permanent

Bullet points

  • B.Comm (Hons) pref with strong internal audit management experience
  • Sandton based

About Our Client

A leading Local Bank

Job Description

To provide strategic leadership and guidance to teams in providing independent assurance of the control environment to the Group Limited Board of Directors via the Group Audit Committee including the Group and to ensure effective risk management practices are implemented across the organisation.

Group Audit Committee, Group and Subsidiary executive Committees(e.g. Erco's, Credit Committees), as well as subsidiary Audit committees, the Group , Group Internal Audit (GIA) Exco and staff, Regulators (SA Reserve Bank, Financial Services Board etc.), External Audit

Managed Budgets and Productivity

Ensure reports issued by audit team reflect a balanced holistic view and monitor quality, appropriate language, accuracy, appropriateness and consistency of risk ratings, as well as timeliness of reporting to meet business requirements. Agree annual audit plan per cluster with stakeholders, through formal engagements, to ensure that relevant risks (risks that matter) are audited by managers and teams. Prepare and manage area budget by forecasting, tracking and authorising expenditure as well as regularly liaising with finance department to discuss budget and take corrective action. Monitor time-sheets and billing for resource management by reviewing against agreed assignment deliverables to ensure teams are productive in terms of scorecard measures. Manage productivity by monitoring own productivity levels and productivity levels of team to ensure that all individual and department results are delivered within budget to deadlines.Manage the delivery of audit reports, by managers and teams, on time, within budget and required quality standards, through managing the audit process to provide the Group and Group Audit Committee with risk based assurance. Provide required management information (e.g. audit plan and findings management, billing), by reviewing submissions of managers and teams, to ensure progress and strategic contributions made to various clusters are tracked and according to required standard.

Managed Stakeholder Relationships

1. Client satisfaction (internal & external)

2. Client requirements understanding & relations

3. Collaboration and communication with other departments / areas / clusters

4. Manager and subordinates

5. Suppliers / stakeholder liaison (e.g. regulators, government, suppliers, etc.)

Managed Governance, Compliance and Risk Based Assurance

1. Strategy translation & execution

2. Operational / project plans and budgets execution, review and corrective action

3. Risk (operational, credit, security, physical safety, reputational, etc)

4. Compliance (Policies, procedures, standards - risk management, etc.)

5. Operational excellence & productivity

6. Work allocation and organisation effectiveness

7. Problem solving and decision effectiveness

Managed Teams

1. Vision, values and goals

2. Team engagement, communication, briefing, understanding, commitment

3. Supervisor Team effectiveness and performance

4. Team and personal skill level (Technical and management)

5. Supervisor Team motivation

6. Supervisor selection, training and leadership accountability

Improved Transformation and Culture

Transformation & Innovation Results

1. Differentiated culture (Staff surveys, etc.)

2. Transformation (BEE, Charter, e.g. procurement, skills, etc.)

3. Corporate citizenship (Green strategy, smart with heart initiatives, etc)

4. Innovation

5. Continuous improvement

The Successful Applicant

Audit standards and practices

Accounting standards

Code of Ethics and Internaltion standards

Banking knowledge

Governance, Risk and Controls

Relevant regulatory knowledge

Risk management process and frameworks

International Standards for the Professional

Relevant software and systems knowledge

Principles of project management

Business writing

Setting high goals for personal and group accomplishment; using measurement methods to monitor progress toward goals; tenaciously working to meet or exceed goals while deriving satisfaction from that achievement and continuous improvement.

Identifying opportunities and taking action to build strategic relationships between one's area and other areas, teams, departments, units, or organizations to help achieve business goals.

Using appropriate methods and a flexible interpersonal style to help build a cohesive team; facilitating the completion of team goals.

Focusing and guiding others in accomplishing work objectives.

Working effectively with individuals of diverse cultures, interpersonal styles, abilities, motivations, or backgrounds; making the most effective use of the capabilities, insights, and ideas of all individuals.

Evaluating and selecting internal and external talent to ensure the best match between the individual and the work requirements.

What's on Offer

Manager: Internal Audit Business Banking position based in Sandton Johannesburg is offering a lucrative package and benefits within the banking industry

Apply for this job

Click the Apply or LinkedIn button below or contact Mishka Narot on +27 11 303 8311 quoting job reference 14572
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