Manager, Internal Audit at Standard Bank Group

Job Purpose

• 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 that enables client centric risk management.

Key Deliverables 

Strategy

• Contribute to the development and implementation of the Country’s Internal Audit’s strategy by applying insights from the Group Internal Audit (GIA)/Standard Bank Group/Country/Business Unit strategy and operating model, products, services, client-base and competitive environment, industry and wider developments, regulatory environment, business developments and changes, operations, risk management practices and global assurance practices.
• Build and maintain effective relationships with senior management across business, functional and risk management areas to enable GIA's strategy and achievement of objectives.
• Prepare reports for the subsidiary Board Audit committees and Management Risk Committees.
• Partner with relevant stakeholders across the audit portfolio to share and leverage risk management practices, tools, and capabilities, and drive an aligned and integrated approach to assurance and risk management.
• Assess and influence risk culture across the organisation, through stakeholder engagement, contribution to governance forums, and holding relevant stakeholders to account to drive the right risk culture.

Client

• Assess, identify, and report on practices in the audit portfolio which negatively impact client experience and raise recommendations to improve client experience.

Licence to Operate

• Understand and manage adherence to legislative and regulatory requirements in the country for the audit portfolio, incorporating all relevant jurisdictional requirements.
• Understand and manage adherence to GIA methodology, applicable internal policies, processes, and procedures for audit teams under remit.
• Adhere to GIA methodology, policies, and procedures. Manage adherence of team members on audit projects. Guide team members to enhance their understanding and application of GIA methodology, policies, and procedures.

Risk, Regulatory, Prudential & Compliance

• Manage the development and maintenance of a risk assessment on all areas of risk origination and risk management within the audit portfolio, covering all the risk types to inform audit planning and reporting.
• Contribute to the development and maintenance of a risk-based, resourced, and relevant assurance plan for the audit portfolio.
• Manage the development of a risk-based audit project scope. Drive the process to ensure all relevant GIA technical and experienced input is obtained. Contribute through strategic insights and obtain all required GIA approvals. Manage the communication of the scope to auditees for the area under review.
• Manage the completion of audit fieldwork and audit project reporting, including drafting the audit report. Engage all relevant GIA specialists to obtain input and agreement of the audit report. Contribute strategic and portfolio wide insights and drive accurate, risk-based, audit outcomes which lead to effective, efficient, sustainable and client centric management of risk. Lead discussion of potential outcomes with relevant senior portfolio stakeholders.
• Manage audit project closure within agreed timelines and in accordance with GIA methodology.
• Provide oversight over audit findings management for the portfolio. Monitor and analyse finding status data and report data and insights to relevant portfolio stakeholders and governance committees. Review finding closures and extension requests by management and propose ‘Approve or reject’ decisions.
• Prepare reports for portfolio governance committees providing collective audit outcomes and opinions, audit metrics, risk assessments, risk themes, risk insights and risk foresights on the portfolio. Engage across GIA to draw insights from other areas impacting the portfolio.

Technology & Architecture

• Contribute to GIA's technology strategy and implementation. Apply insights on practical audit needs, and from leading technology developments in wider fields, in financial services, within SBG and in risk and assurance practices.

Financial Management

• Manage projects and resources effectively delivering projects within approved resource hours and timelines.

People

• Lead and manage individuals to deliver against objectives, provide feedback, guide, and enable technical, behavioural and leadership development, and assess and manage performance.

Data

• Drive training and awareness on the use of data.
• Implement data analytics use cases across the portfolio to enable automated assurance.
• Drive and manage the effective use of GIA data for reporting to progressively develop GIA's impact on the risk and control environment.

QUALIFICATIONS
Minimum Qualifications

• Type of Qualification: First Degree
• Field of Study: Audit
• Other Minimum Qualifications, certifications or professional memberships
• Professional qualification such as CPA, ACCA, CA, ACMA, CIA, CISA, ASCI

Preferred Qualifications

Type of Qualification

Field of Study

• Post graduate degree
• Business, Commerce, Finance, Accounting, Audit, IT, Data
• Other Preferred Qualifications, certifications or professional memberships
• Member in good standing of either ICPAK, IIA or CISI

Experience Required

• Internal Audit
• 1-2 years
• Experience analysing complex sets of data to interpret, visualise and identify trends Understanding of IT controls.
• 5-8 years
• Planning and executing audits. 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.

ADDITIONAL INFORMATION
Behavioral 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