eSmart Group Vacancies 2024 | Head of Audit Vacancies in Johannesburg Apply Online Now

  • Full Time/ Permanent
  • Johannesburg, Gauteng
  • 72000-340000 ZAR / Year
  • Applications have closed

eSmart Group

eSmart Group Is Currently Seeking for Head of Audit Position suitable candidate who is eligible to handle all the responsibilities and is qualified for the position. All the information required for this position to know by the candidate is given below specifically. apply online for this position by clicking on the apply now button and fill the eSmart Group application Form. The Position Is available in Johannesburg, Gauteng the candidates nearby willing to apply are also invited to apply online for this vacancy.

Hiring Authority: eSmart Group Careers

Position: Head of Audit Jobs

Location: Johannesburg, Gauteng

Qualification: Matric, Grade 12, Diploma/ Degree

Salary Estimated: ZAR 72000-340000 Annum

Job Requirements & Responsibilities

One of our clients in the banking sector are looking for a Head of Audit: CIB to join their team.

Job Purpose

To enhance the system of trust, good governance and risk culture of the CIB and Organisation in support of doing good for our key stakeholders: Board, Management, Regulators and Clients
Job Responsibilities

Support the periodic assessments of the outcomes of internal audit work to appropriate governing bodies, including the GAC, Board Risk and Control Committee, Management Risk Committees and appropriate governance forums;
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 COB and 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;
Implement effective and efficient audit processes to ensure that audit processes are optimized and comply with the relevant governance expectations of internal audit functions;
Develop and maintain relationships with business and key stakeholders to ensure robustness and completeness of audit coverage and contribute at an insight generator/trusted advisor to business to enhance assurance provided of the control environment;
Contribute to the development of a 12-month rolling audit plan using a risk-based methodology, taking into consideration specific business strategic focus areas, regulatory requirements pertaining to internal audit, as well as including any risks or control concerns identified by management, the GAC and the Board;
Submit the 12-month rolling audit plan to your line manager for review and approval prior to the commencement of a calendar year;
Deliver and report on the rolling risk-based internal audit plan;
Allocate audit resources in accordance with the risk profile for the responsible clusters and ensure the effective and efficient use of these resources in accordance with approved budgets;
Have a robust process in place to follow-up and report on management’s progress in implementing agreed actions to address issues identified by GIA; and
Maintain an open and constructive relationship with the CIA, GIA Executive, Business Executives, and key stakeholders by providing value added services and sharing information.

Job Responsibilities Continue

PROVIDE VISIONARY AND INSPIRATIONAL LEADERSHIP

Implement the vision and strategy including the leadership and culture philosophy, stakeholder approach and internal methods and tools. This should include alignment to the Organisation and Business Unit strategy;
Exhibit diverse, visionary and inspirational leadership – promoting a globally competitive financial sector;
Actively participate in any Group forums such as steercos, governance committees, etc.
Build a high-performance team through managing resources, retention and critical staff;
Manage performance of reports and hold them accountable for managing the performance of their reports by taking corrective action as required, recognising and rewarding team;
Actively build a culture of improvement by ensuring the design and implementing active talent management, succession planning strategies for division and obtaining buy-in from relevant stakeholders;
Contribute to team effectiveness by participating in the recruitment and selection of senior staff;
Optimise performance and motivation by holding managers and auditors accountable for developing their staff and themselves;
Empower team to make decisions and recommend tailored solutions to business unit specific problems, through coaching and mentoring practices;
Maintain and report on whether the respective Audit portfolio has sufficient professional audit staff with knowledge, skills, experience and professional qualifications to meet the requirements of the GIA Charter and audit plan;
Facilitate engagement and information sharing sessions amongst peers. Synergies across clusters and business units achieved;
Take ownership and accountability for tasks and activities and demonstrate effective self-management;
Follow through to ensure that quality and productivity standards of own work and team are consistently and accurately maintained;
Support and drive the business’s core values;
Respond openly and constructively to feedback (positive and negative);
Be a vision-led and values-driven leader; and

Embodiment of the following characteristics:
Risk Optimiser
Understanding that risk is at the centre of everything in banking
Developing the appropriate risk appetite
Managing risk without stifling innovation
Being sensible about risk
Client Centric Advocate
Placing the client at the centre of everything you do
Being relationship focussed (as opposed to product or mono-line focussed)
Collaborating with colleagues across organisational boundaries
Execution Expert
Having a bias for action
Focussing efforts on execution and implementation
Practicing decisive leadership
Simplifying things
Strategist
Being a strategic thinker
Being a strategic translator
Being a strategic doer
Facilitating strategic dialogue
Essential Qualifications – NQF Level

Advanced Diplomas/National 1st Degrees
Preferred Qualification

Commercial or related degree.
B Com with relevant major or equivalent
CA preferable
Minimum Experience Level

The following minimum experience is required:
8 years or more financial services experience in a senior internal audit position.
Banking experience, inclusive of client facing experience – especially corporate & investment banking, including Markets, CIB Operations and Banking regulations;
Ability to operate at a Senior level; and
Leadership experience leading teams.
Technical / Professional Knowledge

Principles of project management
Regulatory, Legal and Economics Principles
Relevant software and systems knowledge
Risk management process and frameworks
Training effectiveness principles
Institute of Internal Auditors standards
Facilitation techniques
Internal audit policies and procedures
Knowledge of relevant Legislation e.g. Banks Act, King III, Companies Act, BASEL – advanced

Fill The eSmart Group Application Form From the Link Given Above And Wait For the application to be processed once your application gets shortlisted you will be informed by the authority and called for the interview or examination processed by the company. Good luck For your job Search!

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