About the position
Obtain a good understanding of the control environment being audited (including information technology, internal financial control, and risk management related aspects), and the interdependencies linked to this.
Job Description:
- Formulate CAATs based on key process and business risks identified and design the audit program in line with risks and key controls to be tested
- Request and reconcile data, perform data analytics, and ensure utilization of data analytics to improve audit efficiencies.
- Use data extraction software (ACL, IDEA, MS Access, SAS, etc.) software effectively and efficiently.
- Develop ACL / SAS scripts to execute CAATs to test the adequacy and effectiveness of the control environment.
- Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices and internal controls.
- Identify opportunities for, and implementation of continuous auditing and continuous monitoring initiatives.
- Provide clear and sufficient audit evidence to support recommendations and audit opinion.
- Express an opinion based on the results of the work performed.
- Identify opportunities to improve internal controls, including internal financial controls.
- Identify and clearly articulate the root cause of issues identified and impact thereof and recommend changes to business processes that will address the control weaknesses.
- Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed, with minimal editorial changes.
- Incorporate fundamental principles, key issues and control themes emanating from other functional areas and assurance providers to ensure relevant and appropriate audit findings.
- Assist the Head of Internal Audit / Senior Audit Manager / Audit Manager with other operational and reporting activities as required.
- Identify opportunities for innovation in audit as well as client processes and develop practical solutions to implement innovative practices.
- Effective communication with the audit team, audit management and key stakeholders.
- Is aware of the resources available and can utilize them to best effect with guidance from senior audit staff.
- Keep abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements, and technology changes related to the internal audit environment.
- Participate in internal departmental work and key standing tasks such as Board, Risk and Audit Committee reporting, as requested.
- Ensure the constant delivery of superb value and a 'memorable' customer experience.
- Establish and maintain collaborative partnerships and a wide relationship network across business units and within Internal Audit.
- Respond to client needs and queries professionally and within agreed turn-around times.
- Communicate professionally in all communication forms. Listens actively to others.
- Negotiate with management as appropriate to ensure key findings and follow up actions are agreed upon.
- Identify development needs and address these through training and continuous professional development.
- Proactively seek and embrace formal and informal peer coaching opportunities.
- Execute the audit assignment within the agreed budget and timelines.
Relevant Qualifications and Professional Body Registrations
Desired Skills:
- Formulate CAATs
- Develop ACL / SAS scripts to execute CAATs
- Use data extraction software (ACL
- IDEA
- MS Access
- SAS
- etc
- Execute the audit assignment
Desired Work Experience:
- 5 to 10 years Banking
- 5 to 10 years Internal Auditing
Desired Qualification Level:
About The Employer:
Financial Institution
Employer & Job Benefits:
