Job Description
Duties & Responsibilities :
The Group Internal Audit Manager is pivotal in providing independent assurance to the Board of Directors through the Group Audit Committee. Responsible for evaluating governance processes, risk management practices, and internal control systems, their focus is on mitigating risks that could impede strategic objectives. With a specific emphasis on assessing model risk across multiple domains such as credit risk and financial crime risk, this role strengthens the organisation’s risk management framework, ensuring alignment with strategic goals.
Minimum Requirements:
Bachelor’s degree in Business Mathematics, Actuarial, Financial Engineering, Informatics, or Quantitative Risk Management
5-7 years’ experience in model development, testing, or quantitative risk audit
Proficiency in programming languages (SAS, SQL, R, VBA, PYTHON, MATLAB)
Understanding of credit, operational, market, and liquidity risk models
Performance Areas (Responsibilities):
Assess model design, documentation, inputs, implementation, and governance
Conduct audit fieldwork, document testing, and draft comprehensive reports
Engage stakeholders, attend key risk committee meetings, and interact with regulatory authorities
Stay abreast of industry developments and seek out best practices for continuous improvement
Package & Remuneration :
R 1 200 000 – R 1 500 000 – Annually