| Employer: | Absa Bank
| Job Ref No: |
1358049/31444
| Job Title: |
EE Head of Audit Fin, Reg and GS ( SS)
| Sector: |
Asset Management
| Sub Sector: |
Unspecified
| Risk Type: |
Regulatory/Compliance
|
You need to log in before you can view the Recruiter's contact details. PURPOSE OF THE JOB The Head of Audit within Absa is to be aligned to the business area, manage the delivery of the audit plan for their area and to ensure that audit assignments are undertaken in accordance with relevant policies, procedures and quality standards. Be responsible and accountable for the quality of the audit work performed and the efficiency and effectiveness of the audit team. RESPONSIBILITIES - Support the Chief Internal Auditor in defining the risk profile for their business area and using this to define and manage the audit plan
- Guide, reviewing and approving the work carried out on audit assignments
- Assign audit and line management responsibilities, direction and guidance
- Deliver a view on the effectiveness and adequacy of risk management and controls
- Play a proactive part in supporting the definition of risk profiles, working effectively with colleagues across AIA and BIA
- Set the benchmark for excellent reporting standards
- Produce commentary and information for governance reporting
- Engage with Barclays Internal Audit (BIA) colleagues during assignments and request technical assistance where required
- Share knowledge within the internal audit community (e.g. speaking at conferences) or stakeholders
- Update awareness of risk issues and changes across relevant business areas and use this knowledge to set strategy and direction in terms of planning
- Understand developments across business areas which may impact the audit plan
- Understand the strategic direction of aligned business
- Use expert knowledge to continually refocus the audit plan and define direction into the future
- Look beyond the current year audit plan to set long range goals for audit focus
- Maintain effective relationships with business management to keep abreast of risk and control issues
- Contribute commentary and information for Absa Internal Audit / Barclays Internal Audit reporting
- Perform people management functions, including but not limited to:
- workforce and recruitment demand planning
- recruitment
- talent management and succession planning
- mentoring and coaching
- management of discipline and grievances
- performance development
- reward and recognition management
- training and development
- Ensure that Code of Good Practice targets are met for the team.
- Ensure satisfactory service delivery and equal distribution of workloads in the teams
- Ensure compliance to Absa policies, legislation and regulations
COMPETENCIES - Deciding and initiating action
- Leading and supervising
- Persuading and influencing
- Presenting and communicating information
- Applying expertise and technology
- Creating and innovating
- Formulating strategies and concepts
- Delivering results and meeting customer expectations
MINIMUM REQUIREMENTS - Honours B Degree in a Commercial, or equivalent NQF level 7 qualification or higher
- Six (6) years experience in internal or external audit or commensurate experience in a major financial institution or the Big 4 auditing firms
- Four (4) years experience in risk based auditing or risk or control activities
- Experience in managing a team or department
- Banking experience gained through auditing or in line management
- Relevant experience in risk based auditing or risk/control activities
- Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet
- No criminal record
PREFERRED REQUIREMENTS - CA (SA), CIA, CISA or equivalent international qualification
- Relevant knowledge about key regulatory requirements impacting financial institutions
- Relevant knowledge about IFRS and financial controls
- International experience either gained through working overseas or substantial assignment based international experience
- Preference will be given to South African Citizens and Permanent residents of South Africa in possession of proof of permanent resident status
GENERAL - The appointment will be made in line with the Divisional Employment Equity strategy
The ideal candidate will have the following competencies: Ability - support the Chief Internal Auditor in defining the risk profile for their business area and using this to define and manage the audit plan
- deliver a view on the effectiveness and adequacy of risk management and controls
- update awareness of risk issues and changes across relevant business areas and use this knowledge to set strategy and direction in terms of planning
- guide, reviewing and approving the work carried out on audit assignments
- assign audit and line management responsibilities, direction and guidance
- engage with Barclays Internal Audit (BIA) colleagues during assignments and request technical assistance where required
- play a proactive part in supporting the definition of risk profiles, working effectively with colleagues across AIA and BIA
- share knowledge within the internal audit community (e.g. speaking at conferences) or stakeholders
Experience - managing time, resources and budget effectively
- people management and leadership
- report writing
- relationship management
Knowledge - control, regulatory & risk issues
- risk categories and methodologies
- business insight
- key business processes
At Absa, we are committed to creating a workplace which provides an opportunity for all employees and potential employees to fully optimise their potential by working for an Employer of Choice. Absa is continually searching for talented individuals to join our team and would like to invite you to apply for vacancies listed on our site that match your skills, qualifications and ambitions.
| Region/Country: |
Africa / Middle East, Africa, South Africa
| Address: | | Post Date: | 02/16/2012 |
