Senior Audit Manager: Wealth

• Deep insurance industry strategic and transformation experience for a minimum of 8 years.

• Understand and stay abreast of developments in field of expertise, emerging risks and insurance industry trends (including competitors and digital trends).
• Understand current insurance industry and business strategy, reality, impact of transformation, digital initiatives, risks and expectations and consider key and/or emerging risks to update the annual risk-based annual audit plan, in order to support relevant GIA reporting.
• Be commercially minded with a Nedbank client centric approach and understand the broader business strategy in the auditing approach.

• Apply knowledge of insurance sector, digital transformation, and emerging risks to assess and engage with stakeholders on large-scale and complex changing environments, data, IT infrastructure and technology and determine best approach and testing strategy to provide advisory / consulting and insightful reporting.
• Apply practical project management experience gained to large transformation projects ito delivery of strategic intent (including SAFe principles)

• Execute audit assignment planning, fieldwork and reporting in line with the Group Internal Audit (GIA) methodology and Institute of Internal Auditors (IIA), including file completion.
• Seek opportunities to improve business processes, models and systems through agile thinking.
• Identify and assess the design adequacy and operational effectiveness of manual and automated controls within audit scope and utilising data analytics.
• Identify and ensure compliance with relevant laws, regulations and guidelines in line with audit scope.
• Influence stakeholders to address inefficiencies in resolving audit findings through utilising professional experience in demonstrating benefits of best audit practice.
• Ensure continuous improvement of the quality of audits through providing professional insights.
• Ensure improved productivity and efficiency and the delivery of projects within agreed timelines.
• Achieve operational excellence and support the implementation of business optimisation improvement in GIA.
• Apply professional judgement in all audit interactions.
• Deal with complex verbal and documented information and data in the audit process.

• Engage with the risk and compliance community to ensure coordinated assurance approach and assessment of risk and control to ensure scope is appropriately defined.

• Prepare quality, relevant and commercially astute assignment and reports that provide intelligence and meaningful insights that enable the management of risk to be a strategic and competitive differentiator for Nedbank.
• The ability of story-telling and writing reports in a succinct and concise manner which is visually appealing and at an appropriate level for various stakeholders and governance forums, including Group Audit Committee.

• Build and maintain an open and constructive relationship during and outside of scheduled as a Trusted Advisor with senior internal and external stakeholders including External Audit and Business Executives and the risk and compliance community.
• Build trusting relationships and improve credibility and quality of audit outputs by achieving team objectives through engaging with staff, peers and other departments for reporting purposes.

• Create an environment of teamwork that contributes to Group Internal Audit (GIA);
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
• Contribute to the Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Participate and support corporate responsibility initiatives for the achievement of business strategy.

• Advanced Diplomas/National 1st Degrees

• BComm, BCompt, BSc (mandatory)
• Certified Information Systems Auditor (CISA) and optional Certified Internal Auditor (CIA) (optional)

• Strategic insights, consulting and advisory
• Influencing stakeholders to obtain buy-in for concepts and ideas.
• Conducting quality assurance reviews
• Sharing information in different ways to increase stakeholders understanding
• Building and maintaining effective relationships with internal and external stakeholders
• Auditing
• Interacting with diverse people
• Analysing and interpreting qualitative and quantitative data
• Communicating standards to others
• Insurance (mandatory); advantageous wealth, asset management and banking
• Consolidate data from various sources and identify/interpret trends

• 8+ years strategic and transformation experience (including project management ain accordance with SAFe principles) within 1st, 2nd or 3rd line of assurance or consulting / advisory related services.
• 8+ years in insurance (mandatory) and/or wealth management (advantageous).

• Insurance (mandatory) and wealth, asset management and / or banking (advantageous) experience and emerging risks
• Strategic and Transformation experience (including project delivery)
• Project Management - Execution and delivery of projects (including understanding of SAFe principles)
• Changing digital landscape and technology
• Data Management, Governance, Migration
• Data Analytics and Continuous Monitoring
• Business Acumen and Commerciality
• Consulting and Advisory experience
• Client Centricity, Treating Customers Fairy and Conduct
• Report-writing skills
• Ethics and Fraud
• Reputational risk management
• Governance, Risk, and Controls
• Regulatory, Legal and Economics Principles

• Managing Work and demonstrating individual drive
• Team orientated
• Building Partnerships
• Quality Orientation
• Continuous Improvement
• Work Standards
• Courage
• Adaptability and change ready

Nedbank