To be responsible for contributing to the delivery of the annual audit plan by independently leading and participating in the execution of risk based audits, performing ongoing business monitoring and risk assessments of assigned business areas
To be responsible for supporting the Heads of Audit and Group Chief Audit Officer to provide assurance on the adequacy and effectiveness of the internal control, risk management and governance framework, systems and processes for allocated business and risk areas
Key Responsibilities:
Assist Audit Management in the annual audit planning process by performing effective risk assessments to identify high risk auditable entities for inclusion in the annual audit plan
Independently lead/ perform audits of allocated Finance, Treasury, Compliance and Risk areas using advanced auditing techniques and data analytics
Lead / perform effective risk based planning of audits to identify and scope in high risk areas and de-scope lower risk areas
Direct / perform/ complete high quality, well-documented audit fieldwork in accordance with Internal Audit methodology and IIA standards within strict timelines
Review work done by team members to confirm adequacy of audit coverage, quality of work papers and alignment with the Terms of Reference
Produce factually accurate, insightful audit recommendations in a clear and concise manner, communicate them with stakeholders and agree robust management action plans that address the root causes
Draft audit report to the Board and senior management, summarizing audit recommendations and providing valuable insight using perspective gained during the audit process
Recommend / agree overall audit rating with Senior Manager, Group Internal Audit before presenting to Director Group Internal Audit for approval
Ensure that permanent and current audit files are maintained at a high standard
Continuously engage with stakeholders at various levels to understand changes to the business, perform periodic risk assessment, identify audit opportunities, recommend changes to the annual audit plan, define appropriate audit scopes, and execute audit delivery
Assist in the execution of continuous monitoring, recommendation follow-up and validation of Internal Audit and Regulator identified issues remediation
Proactively engage with stakeholders to challenge and question existing processes and procedures with a view to developing the business through process improvements
Keep Senior and Middle Management informed of all relevant findings from ongoing audits as well as progress on remediation of open findings from previous audits
Motivate team members to build effective audit teams and improve engagement across the department
Coach team members on and off audits to build their knowledge and up-skill the team on area of expertise
Provide honest, constructive feedback to team members on a timely basis with the aim of furthering their professional development
