INTERNAL AUDIT MANAGER – WITH IT RISK – REF9448

Claire Bourquin Recruitment Consultants

Cape Town, Western Cape
Permanent
Full-time

30 days ago

R HIGHLY NEGOTIABLE PLUS AN ANNUAL PERFORMANCE BONUSOur client is a global investment manager driven by people who value the power of performance and relationships. They are looking for like-minded people to join them – strong performers who create strong relationships. They are active investors. At the company they say they are investing for a world of change. They started in South Africa in a time of global upheaval. Their experience lets them adapt and grow, in markets of all kinds. From one office in Cape Town, they are now present on five continents and manage R2.8 trillion for clients globally. They are aligned behind a common purpose, which is to invest for a better tomorrow. They want to achieve better outcomes for their clients, their firm and the world they inhabit. This means they are optimistic and act with conviction. They offer their people opportunity, trust and the freedom to operate. At the company they are committed to providing equal employment opportunities.They now seek an internal audit manager to join their team. You will report to the head of internal audit. This is a global role. There is a very friendly and collegiate work environment. The head of the team - is very supportive. We need someone with a business acumen and external and internal audit. They se an outsource company to assist with the IT audit so there is loads of support.JOB DESCRIPTION WILL INCLUDE BUT NOT BE LIMITED TO:

You will be required to build and maintain good relationships with the business and key stakeholders at the company by engendering trust and co-operation with the business, as a business partner, without losing the independence of the 3rd line of defence is a key attribute.
You will be required to have a thorough understanding and application of the company's internal audit methodology;
You will be responsible for planning of reviews and determining the risks, controls and testing strategy in line with the internal audit methodology;
You will be required to perform detailed walk-throughs for the areas assigned for each review;
You will be responsible for drafting the terms of reference;
You will be required to perform audit testing as outlined in the testing strategy;
You will be required to identify risks / weaknesses / issues and close out the risks / weaknesses / issues with relevant line management;
You will be required to escalate material risks and issues, when identified, to the head of internal audit;
You will be required to draft issues raised for inclusion in the report;
You will be required to set up and close out the draft issues with line- and senior management;
You will be required to finalise reports with senior management;
You will be required to follow up and close out of issues on implementation;
You will be required to be involved in 'high' risk regulatory change projects to ensure that potential issues are identified early and resolved;
You will be required to escalate risks / issues within the Internal Audit team during team meetings or when it arises;
You will be required to share knowledge and experiences with the team;
You will be required to stay abreast of changes in the market, products, legislation and regulation relevant to the areas covered (regulatory knowledge compulsory):

Knowledge of industry trends and applicable regulation and guidance issued by regulators;
Knowledge of accounting / internal audit standards;
Share knowledge of the market, products, legislation and regulation with the broader internal audit team.

CORE COMPETENCIES REQUIRED, BUT NOT LIMITED TO:

You have the ability to build and maintain meaningful relationships;
You have a strong belief in doing the right thing;
You have a client focused and collaborative approach;
You have high conviction and are comfortable sharing opinions;

CORE QUALIFICATIONS AND EXPERIENCE:

You are a CA (SA) or CIA;
You have mandatory professional qualifications and exams required as prescribed by the company;
You have a minimum of 5 years' current, relevant experience in internal or external audit in an asset management environment;
You have knowledge of accounting, internal audit standards and risk-based audit methodologies;
You have knowledge and understanding of the asset management industry (including key developments and changes);
You have an understanding and knowledge of an asset manager's business processes, products and regulations, as well as business risks;
You have a basic IT internal audit knowledge, skill and interest, will be an advantage, as well as a CISA qualification or studying towards a CISA qualification;
You have experience in auditing internal control assurance reports, such as the AAF01/06, ISAE 3402, SOC, or equivalent report – this would be a distinct advantage.

This is a challenging and interesting business role - it’s not boring audit or boring IT audit - it's the business focus of these areas and working globally.

Claire Bourquin Recruitment Consultants

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