Internal Auditor: Functions – Third Parties at Absa Group Limited (Absa)

Job Summary

• To monitor the risk profile of the business and execute audit assignments in accordance with the Group Audit Plan and Internal Audit methodology, relevant policies, procedures and quality standards.

Job Description

Key Responsibilities

• Support the Audit Manager in the planning and scoping of audits.
• Evaluate the design and operating effectiveness of controls according to the requirements of the Internal Audit methodology, with minimal supervision.
• Document the results of audit testing in AuditBond (audit management tool). Ensure working papers are reflective of the work performed and support the conclusions documented.
• Ensure all audit observations are concise, factually correct, commercially focused, cover all the significant issues, address the root causes, have agreed actions that fully mitigate the risks, and require minimal further audit work.
• Maintain good working relationships, and communicate effectively with auditees, business stakeholders, and audit colleagues.
• Present effectively at stakeholder meetings and forums to share knowledge and information, including methodology, standards, changes, and new developments, with business stakeholders and audit colleagues.
• Proactively take on additional tasks as requested by the Audit Manager and Head of Audit. This may include managing of issue assurance, production of team information, annual and team planning activities, business monitoring, risk reporting, and data analytics and digital innovation initiatives.
• Continue to develop an in-depth knowledge of Absa, maintain an awareness of Third Party risk issues and changes impacting Absa business units, and participate in Third Party training/knowledge sessions.

Minimum Requirements

• BCom

• Three years’ experience in risk management or audit
• Experience in auditing procurement and supply chain management advantageous
• Previous banking experience preferred

Competencies

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating
• Collaboration with others
• Planning and organizing

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)