Head of Audit:

SUMMARY:
Brief Description
Are you detail-obsessed, organised, and ready to bring your A-game to a dynamic team? We’re looking for and Head of Audit who communicates like a pro—whether it’s emails, meetings, or a quick chat over coffee. If you love keeping things professional with a dash of fun, we’d love to meet you!

POSITION INFO:
Job Description:
Leadership and People Management:
Leadership/Values/Culture: Demonstration of Absa and IIA code of conduct values/behaviours in all aspects of work. Playing a positive role in team effectiveness sessions and in the unpacking of Colleague Experience Survey results
Promote a positive team culture and enhance employee engagement
Lead a team of professional and subject matter experts, who may be line managers themselves
Embed the performance culture and role model Group values and behaviours
Manage and lead teams through change, both individually and as a function
Actively contribute to the wider talent development of the function through coaching, mentoring, providing constructive feedback.
Promote continuous learning and development among internal auditors to enhance their skills and knowledge
Attract and retain talented individuals who can contribute to the Audit Function of the future, building a strong pipeline of skills and capabilities

Stakeholder Management:
The key stakeholders will be the Advice & Investments legal entity Boards, Managing Executives and their Exco teams. With emphasis on:
Build and maintain strong relationships with key stakeholders, including senior management, governance committees, and regulators
Possess excellent communication skills (verbal and written) to effectively communicate to stakeholders.
Build relationships with the business on key initiatives, attending key committees and sharing their view of the business’ control assessments
Know our clients / customers and understand how the team’s work benefits them
Develop an in-depth knowledge of Absa and the various business areas and use this knowledge to execute on assurance responsibilities
Foster positive engagement with stakeholders to enhance the value of the audit function
Develop and maintain relationships with all assurance partners and actively monitor the risk profile of the business to inform audit planning, reporting and audit delivery
Support the Combined Assurance effort across the three lines of defence to strengthen the control environment.

Strategic Initiatives:
Digitally and Technology enable: Contribute to the development of the Digital Book of Work of the IA Function
Stakeholder engagement model: aligned to IA overall principles for driving a professional, value adding, service oriented, digitally savvy owner led stakeholder engagement approach for the portfolio
Contribute to the overall Absa IA Brand, Positioning and Communication Initiatives

Audit Delivery and Continuous Monitoring Activities:
Ensure the delivery of high-quality and timely audit reports, governance reports and issue validations that add value to the group that adheres to the audit methodology and quality standards
Define and maintain a risk based internal audit plan for the Advice & Investment businesses that supports the achievement of Absa's objectives that is completed in a timely manner in line with approved phasing
Use of digital assets and /or data analytics in audits, continuous auditing and portfolio reviews
Provide high-quality, relevant, simple and valuable reports that are easy to understand and actionable to key stakeholders including senior management, governance committees and regulators
Display professional skepticism and apply a residual risk lens to potential audit issues with management and in final reporting

Knowledge Management:
Continuous upskilling on both technical and other core competencies.
Keeping up to date with industry trends, regulatory changes and professional standards.
Based on knowledge of business areas, provide guidance to other audit team and peers by sharing best practice so that their work meets and sometimes exceeds quality standards
Ensure that the internal audit function complies with all relevant regulatory requirements, including those set by the Prudential Authority.

Skills & Experience:
Accuracy and Attention to Detail
Microsoft Excel, SAGE 200 Evolution
IQ and Premier payroll would be advantageous
Time Management and Prioritization
Verbal Communication
Planning and Organizing
Team Player

Qualification:
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Relevant professional qualifications as appropriate (e.g. CA, CIA, CISA)
Fifteen years’ experience in Internal/External audit or commensurate experience in a major financial institution or Big 4
Financial services industry knowledge especially Banking, Insurance, Bancassurance, Investments, Financial Planning Advice and Stockbroking.

Contact Aileen Abrahams

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