Internal Audit Manager – Investment Management
Rory Mackie & Associates
- Cape Town, Western Cape
- Permanent
- Full-time
- Build and maintain good relationships with the business and key stakeholders 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
- Have a thorough understanding and application of our client's Internal Audit methodology
- Responsible for planning reviews and determining the risks, controls and testing strategy in line with the Internal Audit methodology
- Perform detailed walk-throughs for the areas assigned for each review
- Responsible for drafting the Terms of Reference
- Perform audit testing as outlined in the testing strategy
- Identify risks/weaknesses/issues and close out the risks/weaknesses/issues with relevant line management
- Escalate material risks/issues, when identified, to the Head of Internal Audit
- Draft issues raised for inclusion in the report
- Set up and close out the draft issues with line and senior management
- Finalise reports with senior management
- Follow up and close out of issues on implementation
- Be involved in 'High' risk regulatory change projects to ensure that potential issues are identified early and resolved
- Escalate risks, issues within the Internal Audit team during team meetings or when it arises
- Share knowledge and experiences with the team
- 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
- Qualified CA (SA) or CIA
- A minimum of 5years' experience in Internal or External Audit in a Financial Services environment. Preferably in an Asset Management Environment
- Knowledge of Accounting, Internal Audit Standards and Risk Based Audit Methodologies
- Knowledge and understanding of the Asset Management industry (including key developments and changes)
- Understanding and knowledge of an Asset Manager's business processes, products and regulations, as well as business risks
- Mandatory professional qualifications and exams required
- Basic IT Internal Audit knowledge, skill and interest, will be an advantage, as well as a CISA qualification or studying towards a CISA qualification
- Experience in auditing internal control assurance reports, such as the AAF01/06, ISAE 3402, SOC, or equivalent report, will be an advantage
- The ability to build and maintain meaningful relationships
- A strong belief in doing the right thing
- A client focused and collaborative approach
- High conviction and be comfortable sharing opinions
Job Mail