Internal Auditor - Model Risk

Recruiter:

Network Finance

Job Ref:

NWC011258/TM

Date posted:

Wednesday, June 9, 2021

Location:

Johannesburg, South Africa

Salary:

R700 000 Annually

SUMMARY:
A leading South African based financial group that offers a range of retail, business, wealth management, corporate and investment solutions is looking for an Internal Auditor - Model Risk to join their team. If youÃ¢Â€Â™re looking to join a team that strongly believes in collaborating with courage, honesty and powerful energy, this is the opportunity for you!

POSITION INFO:

A leading South African based financial group that offers a range of retail, business, wealth management, corporate and investment solutions is looking for an Internal Auditor - Model Risk to join their team.

If you’re looking to join a team that strongly believes in collaborating with courage, honesty and powerful energy, this is the opportunity for you!

JOB & COMPANY DESCRIPTION

The successful candidate will be responsible for:

Assessing the effectiveness of internal controls governing models, including inputs, model methodology/framework/processing, model outputs, key assumptions and limitations, and evaluate if models are well-governed.
Perform Issue Assurance testing and documenting of the working papers in accordance with the requirements of the Methodology
Assist the Audit Manager with planning and execution of Design Effectiveness and Operating Effectives Testing, uniformly applying the methodology and quality standards, focusing the work on key risks, with minimum supervision from the audit manager
Develop an in-depth knowledge of the company and the various business areas and use this knowledge to assess risks and controls through identifying, assessing and documenting risks and controls within these processes
Prepare audit observations and make sure that they are concise, factually accurate and cover all the significant issues. The observations must be insightful, address the root causes, and have agreed actions that fully mitigate the risk
Provide feedback to the Audit Manager and audit team with progress and observations raised during the audit by communicating honestly, frequently and effectively.

EDUCATION

The successful candidate must have the following qualifications:

Honours (Mathematics, Informatics, Statistics) degree
CIA / CISA certification would be advantageous

JOB EXPERIENCE & SKILLS REQUIRED

4/6 years working in Internal/External audit in a major financial institution
2-3 years Quantitative Analyst or Risk and Governance Auditor
Experience within a financial service institute is important
Experience of Model Validation Capacity, Model Limitations, understanding inputs, assumptions, model analytics, sensitivity analysis, outputs Model Risk Audit Capital Markets is critical to succeed in the role

For more finance jobs, please visit --------Please upload your CV here-------->

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles/positions.

Thulaganyo Matshwe

Researcher in IT/Internal Audit and Chartered Accountants CA (SA)

-----.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

INTERNAL AUDITOR - FMCG Industry
Location: Johannesburg
Salary: Monthly
JUNIOR internal auditor Batchelor of Commerce(BCom): internal Auditing, Accounting or FinanceFMCG Industry - (Food Safety & Quality Culture) experience will be an Advantage- Nasrec (Jhb South), Gauteng
4 days ago

Internal Auditor
Location: Johannesburg
Salary:
Are you an internal auditor who enjoys uncovering risks, strengthening controls, and driving business improvement? Join a respected organisation where your expertise will play a key role in protecting the business, enhancing governance, and delivering real value through internal audit.
7 days ago

Internal Auditor
Location: Johannesburg
Salary:
Are you an experienced internal auditor with a strong understanding of risk, controls and fraud prevention? This could be your next career move!A well-established organisation is looking for an internal auditor to join their team and play a key role in strengthening internal controls, identifying potential risks and supporting effective governance across the business.If you have a passion for unco...
9 days ago

Senior Internal Auditor: Operational Reviews
Location: Johannesburg
Salary:
Are you an out of the box thinker? Ready to take the lead on impactful audits? Apply now and bring your insight to the forefront of operational excellence! Are you an analytical problem-solver who thrives on understanding how things work and where they can be improved? Join a dynamic internal Audit team overseeing a portfolio of entities within the technology and infrastructure sectors.
12 days ago

Senior Internal Auditor
Location: Johannesburg
Salary: 650 000 Annually
An exciting opportunity exists for a Senior internal auditor to join a well-established financial services organisation and contribute to the effectiveness of governance, risk management, and internal controls. Working closely with senior stakeholders, you will gain exposure to diverse audit assignments and strategic business processes. Perfect for an ambitious audit professional looking to grow w...
13 days ago

Internal Auditor
Location: Johannesburg
Salary:
Our Client based in Boksburg is Looking for an internal auditor3 month Temp Position with possibility to go Permanent
13 days ago

Senior Internal Auditor
Location: Johannesburg
Salary: 650 000 Annually
Become part of a respected Group Audit function within a prominent financial services business. Working closely with the Group Head of internal Audit, you will gain broad exposure across multiple operations, key decision-makers, and a variety of assurance projects. This opportunity is well suited to a CA(SA) or CIA seeking to enhance their business insight, expand their audit expertise, and build ...
20 days ago

Internal Auditor
Location: Johannesburg
Salary: Monthly
Are you an experienced internal auditor with a strong understanding of risk, controls and fraud prevention? This could be your next career move!A well-established organisation is looking for an internal auditor to join their team and play a key role in strengthening internal controls, identifying potential risks and supporting effective governance across the business.If you have a passion for unco...
20 days ago

Internal Auditor
Location: Johannesburg
Salary:
Are you an experienced internal auditor with a strong understanding of risk, controls and fraud prevention? This could be your next career move!A well-established organisation is looking for an internal auditor to join their team and play a key role in strengthening internal controls, identifying potential risks and supporting effective governance across the business.If you have a passion for unco...
20 days ago

AI Analytics Internal Auditor
Location: Bedfordview
Salary: 30000 Monthly
AI Analytics internal auditor in Short-Term Insurance
22 days ago

Internal Auditor - Model Risk

Similar jobs you might be interested in:

Create a free job alert for Internal Auditor - Model Risk in Johannesburg