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
To monitor the risk profile of the business and execute audit assignments in accordance with the Group Audit Plan and Internal Audit methodology, relevant policies, procedures and quality standards.
Job Description
Key Responsibilities
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, ABSA Enterprise Wide Risk Management Framework and internal Policies and Policy Standards and IA mandate and IA Methodology.
- Ongoing learning and upskilling on Homeloans and Banking industry knowledge (i.e. general and technical) through on the job, coaching, self-learning, external workshops or training for professional qualifications, and continual feedback and share with colleagues.
- Develop and maintain an in-depth knowledge of the Homeloans business and IA methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audits.
- Deliver on work assigned by the Audit Manager to a high quality and in accordance with the requirements of the IA Methodology.
- Assist the Audit Manager with planning and execution of fieldwork and also during reporting phase, uniformly applying the methodology and quality standards, focusing the work on key risks, with minimum supervision from the audit manager
- Develop and maintain relationships with key audit contacts on each audit and during business monitoring activities. Present effectively at stakeholder meetings and forums to share knowledge and information including methodology, standards, changes and new developments with business stakeholders on an ongoing basis.
- Engage proactively with the wider Internal Audit colleagues and request technical assistance where required from the Centres of Excellence during audits.
- Document all working papers in line with methodology requirements. The working papers must be accurate, reflective of work performed and support conclusions drawn.
- Ensure all audit observations and planned actions are factually agreed with management as soon as they arise agile auditing principles and display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified.
- Perform Issue Validation testing and documenting of the working papers in accordance with the requirements of the IA Methodology
- Actively contribute to Reporting for relevant Home Loans Risk Committees and during annual planning for Home Loans and wider IA plan.
- Governance, Risk and Controls experience with a focus on the Home Loans environment.
- Basic knowledge of regulatory requirements pertinent to Home Loans products and services e.g. FAIS, FICA.
- Strong documentation and report writing experience.
- Exposure to Information technology, application and general controls (Preferred).
- Deciding and initiating action.
- Learning and researching.
- Critical thinking.
- Relating and networking.
- Adapting and responding to change.
- Persuading and influencing.
- Creating and innovating.
- Three (3) years experience in auditing, risk management or governance and control.
- Banking experience required
- Experience with credit - Preferred
- B Degree (Internal Auditing, Accounting, Commercial, Economics or Statistics).
- Certified Internal Auditor (CIA)/ Chartered Accountant (CA) (Preferred).
- Experience in Data Analytics (Preferred).
- Experience with basic information technology application and general controls - Preferred
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
