Internal Auditor – Business Banking
Absa Group
full-time
Posted on:
Location Type: Hybrid
Location: Johannesburg • South Africa
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About the role
- Deliver on work assigned by the Audit Manager to a high quality and in accordance with the requirements of the IA Methodology.
- Assist the Audit Manager with planning and execution of fieldwork and also during reporting phase, uniformly applying the methodology and quality standards, focusing the work on key risks, with minimum supervision from the audit manager
- Perform design and operating effectiveness testing (DEA/OET), applying professional scepticism and sound audit judgement.
- Identify control weaknesses, assess root causes and impacts, and raise clear, factual and value‑adding audit observations.
- Proactively support Issue Assurance / validation testing in line with methodology requirements.
- Apply data analytics and Computer Assisted Audit Techniques (CAATs), where appropriate, to support risk assessment, control testing and audit conclusions.
- Interpret management information, reports and datasets to corroborate findings, identify trends/exceptions and support fact‑based discussions with stakeholders.
- Use audit tools and available digital solutions to enhance audit coverage, efficiency and insight, and identify opportunities for audit process improvement or automation.
- Prepare high‑quality audit working papers that accurately reflect work performed, evidence obtained and conclusions reached, in line with methodology standards.
- Draft audit issues and contribute to audit reports that are concise, balanced, risk‑focused and suitable for senior management and risk committee audiences.
- Ensure audit observations and agreed management actions are factually accurate and supported by sufficient, appropriate evidence.
- Build and maintain effective working relationships with business management, second‑line functions and Internal Audit colleagues throughout the audit lifecycle.
- Communicate audit progress, key risks and issues clearly, constructively and in a timely manner.
- Engage openly with stakeholders to discuss control effectiveness and factual accuracy of findings.
- Maintain an up‑to‑date understanding of Business Banking activities, emerging risks and regulatory developments.
Requirements
- B Degree (Commercial, Informatics, Statistics)
- B Degree Honours (Advantageous) (Commercial, Informatics, Statistics)
- CA (SA), CIA, CISA or relevant qualification
- Relevant banking industry qualification (e.g. SA Institute of Bankers)
- Minimum 3–5 years’ experience in Internal Audit, External Audit, Risk Management or Controls within a financial services environment.
- Practical experience in risk‑based auditing and control testing.
- Exposure to Business Banking / SME / Commercial Banking products and processes.
- Exposure to General Technology environments and the use of Computer Assisted Audit Techniques (CAATs) and data analytics at a foundational or interpretative level
- Experience applying basic data and information analysis (e.g. review of MI, trends, variances and exceptions) to enhance audit coverage and support assurance conclusions.
- Ability to interpret data outputs and reports produced by the business and assess their relevance to identified risks and control effectiveness.
Benefits
- Health insurance
- Professional development opportunities
- Flexible working hours
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
design and operating effectiveness testingdata analyticsComputer Assisted Audit Techniquesrisk-based auditingcontrol testingdata and information analysisaudit methodologyaudit working papersaudit reportingroot cause analysis
Soft Skills
professional scepticismcommunicationrelationship buildingconstructive feedbackstakeholder engagementproblem-solvingattention to detailcritical thinkingtimelinessfact-based discussion
Certifications
CA (SA)CIACISAB DegreeB Degree Honoursrelevant banking industry qualification