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Head: Audit (Credit Model Validation)

Vacancy Details

Reference No.

PG-44375

Synopsis

A leading financial institution is seeking a Head: Audit (Credit Model Validation) for a leading financial institution. Your ability to operate at a senior and strategic level, along with providing risk-based assurance to ensure that effective risk management practices are implemented.

Description

  • Support the periodic assessments of the outcomes of internal audit work to appropriate governing bodies, including the GAC, Board Risk Committee, Executive IT Committee (EITCO) and Group IT Committee (GITCO)
  • Report on the overall effectiveness of the governance, risk and internal control framework of the Group
  • Comply with regulatory and corporate governance expectations of internal audit functions
  • Report significant issues related to the processes for controlling the activities of the Group, including potential improvements to those processes
  • Report periodically on the progress of the audit plan delivery
  • Maintain and report on whether GIA has sufficient professional audit staff with knowledge, skills, experience and professional qualifications to meet the requirements of the GIA Charter and audit plan
  • Have in place a robust process to follow-up management’s agreed actions to address issues raised by GIA
  • Accountable for the delivery and measurable performance of their respective portfolio, including audit plan delivery
  • Apply judgement to provide an overall audit opinion on the system of internal financial controls of the Group
  • Provide insights from the outcomes of internal audit work to appropriate governing bodies
  • Maintain an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders including Institute of Internal Audit, SARB, External Audit and Business Executives

Requirements

Qualifications

  • A bachelor's degree in Accounting or related

Experience

  • 8 - 10 years Credit and/or Banking experience in a Risk / Audit role
  • Banking experience, inclusive of client facing experience (preferably)
  • Ability to operate at a Senior level
  • Leadership experience leading teams

Technical / Professional Knowledge

  • Governance, Risk and Controls
  • Principles of project management
  • Regulatory, Legal and Economics Principles
  • Relevant software and systems knowledge
  • Risk management process and frameworks
  • Institute of Internal Auditors standards
  • Internal audit policies and procedures
  • Knowledge of relevant Legislation e.g. Banks Act, King III, Companies Act, BASEL - advanced

Behavioural Competencies

  • Building Partnerships
  • Communication
  • Decision Making
  • Guiding Team Success
  • Driving for Results

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful.

Position Type

Permanent

Work Level

Management

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Monthly

Package

Cost To Company

Affirmative Action

Yes

Geographic Location

Gauteng - JHB North