Head of Audit: Business Banking

1001 Absa Bank; Sandton; Hybrid; ZAR 120,000 - 160,000; Full time

Job summary

A leading financial services group in Sandton seeks a Head of Audit for its Business Banking division. The role requires over 15 years of experience in auditing, knowledge of financial products, and the ability to lead and develop teams. Key responsibilities include defining audit plans, stakeholder engagement, and ensuring audit quality. Suitable candidates should possess relevant qualifications and a Bachelor’s degree in a related field. This position offers a hybrid work model.

Qualifications

• 15+ years in internal/external audit or equivalent experience in finance or Big 4.
• Knowledge of banking, financial products, and regulatory environment.

Responsibilities

• Define the audit plan for the portfolio.
• Lead and develop a team of professionals.
• Build strong relationships with stakeholders.
• Ensure high-quality, timely audit reports aligned with standards.
• Stay updated on industry trends and standards.

Skills

Leadership

Risk-based auditing

Strategic thinking

Excellent communication

Stakeholder influence

Resilience

Education

Bachelor’s Degree in Business, Commerce, or Management

Relevant professional qualifications (e.g., CA, CIA, CISA)

Postgraduate qualifications in Financial Sciences and Statistics

Job description

Head of Audit: Business Banking

Apply: Remote type Hybrid | Location: Sandton | Full time | Posted on: Posted Yesterday | End Date: August 16, 2025 (8 days left to apply) | Job requisition id: R-15978126

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong regional and international presence, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The Absa Business Bank Group Internal Audit (IA) team seeks a seasoned professional interested in Business Banking (BB). This role provides comprehensive insight into the bank’s strategy and operations. We are looking for an experienced Head of Audit/Principal (Director) to lead our BB audit team.

Absa Business Bank specializes in relationship banking, offering a suite of financial solutions including transactional banking, lending, payments, cash flow management, and digital banking platforms. The bank is committed to enabling business success through innovative products, strategic advisory, and deep market understanding.

This role involves defining the audit plan for the portfolio, being part of the IA Extended Leadership team, ensuring audit plan delivery, and compliance with IA methodologies. The incumbent will be responsible for audit quality, team efficiency, and stakeholder communication, including Board and Regulator interactions. Ideal for those seeking to enhance bancassurance experience in a dynamic environment.

Key Responsibilities

Leadership and People Management

• Demonstrate Absa and IIA values in all work aspects.
• Promote positive team culture and employee engagement.
• Lead and develop a team of professionals and subject matter experts.
• Embed performance culture and model Group values.
• Manage teams through change, fostering continuous learning and talent development.

Stakeholder Management

• Build strong relationships with BB Exco, governance committees, and regulators.
• Communicate effectively with stakeholders.
• Engage with the business on key initiatives and control assessments.
• Develop in-depth knowledge of Absa's business areas to support assurance responsibilities.

Strategic Initiatives

• Contribute to digital development within IA.
• Support stakeholder engagement models and IA branding initiatives.

Audit Delivery & Continuous Monitoring

• Ensure high-quality, timely audit reports aligned with standards.
• Maintain a risk-based audit plan supporting company objectives.
• Utilize digital assets and data analytics in audits.

Knowledge Management

• Stay updated on industry trends and standards.
• Share best practices and ensure regulatory compliance.

Education & Experience

• Bachelor’s Degree in Business, Commerce, or Management (Required).
• Relevant professional qualifications (e.g., CA, CIA, CISA).
• 15+ years in internal/external audit or equivalent experience in finance or Big 4.
• Knowledge of banking, financial products, and regulatory environment.

Skills & Competencies

• Leadership, risk-based auditing, strategic thinking.
• Excellent communication, stakeholder influence, resilience.

Additional postgraduate qualifications in Financial Sciences and Statistics are required.

Absa is an equal opportunity employer. Preference will be given to candidates from designated groups to promote diversity. The bank reserves the right not to fill the position.

About Us

Absa Group Limited is listed on the Johannesburg Stock Exchange and is one of Africa’s largest financial services groups, offering a full range of banking, wealth, and insurance services across multiple countries with global offices and subsidiaries.