FAAS Manager

Ernst & Young Global Limited; Johannesburg; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading global professional services firm is seeking a FAAS Manager in Johannesburg, Gauteng. The role involves managing regulatory audits for banking clients and supporting various risk management projects. Candidates should possess a CA(SA) or similar qualification, along with 3-5 years of experience in the banking sector. Strong knowledge of banking regulations and risk management is essential.

Qualifications

• Minimum CA(SA), or other Risk related qualification.
• Minimum 3 to 5 years’ experience in the Banking sector.
• Experience in the Financial Services sector.

Responsibilities

• Support clients on risk and prudential-related topics.
• Manage Regulatory audits for banking clients.
• Oversee projects focusing on risk management aspects.

Skills

Knowledge of banking and the prudential regulatory environment

Risk management

Knowledge of financial and banking products

Understanding of current auditing techniques

Proficiency with MS Office

Education

CA(SA) or other Risk related qualification

Job description

Overview

Job title: FAAS Manager

Job Location: Gauteng, Johannesburg

Deadline: October 23, 2025

You’ll work as part of a high-performing team on a broad range of financial services clients and assignments that will stretch and challenge you. You’ll be encouraged and expected to take accountability and make an impact.

Responsibilities

• Support our clients across a range of risk and prudential-related topics.
• Manage Regulatory audits of the BA Returns for banking clients from an end-to-end basis on smaller banks and be part of a wider team supporting on large multi-national banking groups.
• Oversee and be part of other projects, mainly non-audit services, focusing on various prudential and risk management aspects, such as ICAAP reviews, Pillar 3 disclosure reviews, governance and reviews of Basel regulatory reforms.
• Actively establish internal and external relationships and identify and escalate potential business opportunities for Ernst & Young within existing engagements.

Skills and attributes for success

• Knowledge of banking and the prudential regulatory environment.
• Knowledge of, and experience in, the banking system, financial and banking products, regulations, and risk management.
• Familiar with the Basel III framework at both a theoretical and practical level; and abreast of best practice in regulatory reporting.
• Understanding developments regarding the Basel framework reforms would be beneficial.
• Knowledge of current auditing techniques, specifically in respect of auditing regulatory returns would be beneficial.
• Detailed understanding of risk-based auditing and risk and control strategies.

To qualify for the role, you must have

• Minimum CA(SA), or other Risk related qualification.
• Familiarity with SARB prudential requirements, such as Banks Act and Regulations (Basel framework).
• Experience in the Financial Services sector from either an auditing, consulting perspective or within a commercial bank.
• Minimum 3 to 5 years’ experience in the Banking sector environment, of which at least 2 years’ experience of Prudential regulatory environment within Financial Services.
• Understanding of Quality & Risk Management procedures within an audit firm.
• Proficiency with MS Office.
• Accounting / Financial Services jobs.