Manager: Combined Assurance and Internal Controls – Centurion at Affirmative Portfolios

Purpose of the Job:

Reporting to the Senior Manager: Assurance and Internal Controls, the successful incumbent is accountable for participating in the development of combined assurance policies, procedures, as well as to ensure the implementation and monitoring thereof. The role will also be responsible for carrying out the approved Combined Assurance Plan and Strategy.

Minimum Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in a Risk Management/ Governance/ Compliance/ Auditing related qualification.
• Post graduate qualification in a Risk Management/ Governance/ Compliance/ Auditing or related qualification will be an added advantage.
• Relevant 6 – 8 years working experience in a Risk Management/ Internal Audit/ Compliance/ Governance/ Monitoring and Evaluation/ Combined Assurance and integration of different assurance processes related environment of which 2 years must have been on a supervisory level/ area of expertise/ management level.
  • • Disabled candidates are encouraged to apply

Key Performance Areas

Combined Assurance  

• • Coordinate the development of the Integrated Combined Assurance Plan.
  • Evaluate combined assurance initiatives by assurance providers and link the reviews to the strategic risks and root causes.
  • Identify inconsistencies presented by assurance providers on the control environment through evaluation of existing and future controls, including identified control gaps. Monitor implementation of approved integrated combined assurance plan and identify assurance coverage risks.

Quality Assurance and Management

• • Perform Quality Assurance reviews on selected assurance work done by assurance providers.
  • Analyse and evaluate the adequacy and effectiveness of assurance providers’ processes and procedures/ methodologies and recommend improvements to ensure effectiveness of monitoring and oversight procedures.
  • Create an integrated dashboard for combined assurance.
  • Coordinate and implement of joint map results to provide a comprehensive perspective of all concerns for management to resolve.
  • Conduct Combined Assurance reviews and impact assessment.

Internal Controls

• Recommend the design and implementation of effective internal system control to management and relevant parties.
• Coordinate the testing of key controls for the company.
• Manage independent and objective assessments of internal controls, financial results, company processes and adherence to compliance requirements.
• Provide or coordinate advisory services to management and process owners on internal control requirements.
• Recommend improvements in procedures and systems in order to improve the internal control environment (maturity level) within the company.
• Analyse risk registers to identify control gaps and recommend reviews by assurance providers.

Policy Review and Implementation

• Contribute to the development of Combined Assurance Framework, policies, procedures and guidelines  and guide the process through the alignment of the documents to the overall company’s Strategy.

Reporting

• Prepare regulation reports as and when required to provide progress, updates, make recommendations to inform management decisions.

Stakeholder Management

• Support relationship building with internal and external stakeholders to facilitate performance of assurance engagements and exchange of knowledge on assurance best practice.
• Build relationship with internal and external stakeholders to facilitate performance of assurance engagements and identify appropriate areas of management support.

People Management

• Ensure the sourcing, development and retention of a high-performance team.
• Manage staff in the department to ensure that they achieve their objectives in line with the strategic objectives of the company.