Senior Auditor: Credit and Market Risk

Old Mutual Life Assurance Company (Malawi) Limited; South Africa; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services company in South Africa is seeking a skilled Internal Auditor to assist in providing assurance across various sectors of their operations. This role requires a minimum of 3 years relevant experience, including expertise in credit and market risk management. The successful candidate will contribute to annual audit planning and compliance with regulatory frameworks, ensuring high-quality audit outcomes. The position offers a competitive package and opportunities for growth in a dynamic environment.

Qualifications

• Minimum 3 years relevant experience in assurance or risk management.
• Experience in credit risk, market risk, capital management.
• Knowledge of regulatory requirements and data analytics.

Responsibilities

• Assist in annual audit planning, execution, and reporting.
• Contribute to audit plan development and manage KPIs.
• Ensure compliance with IIA Code of Ethics and quality standards.

Skills

Accounting

Action Planning

Auditing Operations

Budget Management

Computer Literacy

Database Reporting

Data Controls

Management Reporting

Oral Communications

Report Review

Education

Relevant University Degree & Professional Qualification

Certified Internal Auditor (CIA)

Job description

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This exciting role has responsibility for assisting the Audit Portfolio Head with providing assurance across OM Bank. The role is responsible for input into annual audit planning, execution of audits and reporting. The successful incumbent will form part of the OM Bank Internal Audit team.

Key outcomes expected from the role are:

• Impactful and relevant assurance work in the various areas across the digital Bank that contributes to IA helping the Board and Executive Management teams to protect the assets, reputation and sustainability of OM Bank.
• Challenging and influencing the relevant business teams to improve the governance, risk and control environment and culture.
• Helping the business to deliver the strategic initiatives successfully by focusing on the most significant risks, both existing and emerging and the most significant strategic initiatives being undertaken.

Key Result Areas

Strategy

• Contribute to the implementation of the functional strategy and business plan as it relates to the respective portfolio and related assurance needs.
• Assist with data-led assurance activities

Audit Services

• Contribute to the development of the audit plan.
• Consolidate and report integrated results for the Subject Matter portfolio and provide input to the relevant committee reports
• Execute the Subject Matter portfolio audit plan
• Manage Quality and Performance, maintain independence and implement corrective action where required. Accountable for audits being delivered to the IA quality standard.

Operational Efficiency

• Comply with IIA Code of Ethics and IA Policies and Procedures
• Manage Subject Matter portfolio KPIs and implement corrective action

Role Requirements

Qualifications and Professional Affiliations

• Relevant University Degree & Professional Qualification.
• Certified Internal auditor (CIA) or Quantitative degree would be advantageous

Experience

• Min. 3 years relevant experience
• Experience at providing assurance or risk management over Credit risk, Market risk and Capital management in Financial services.
• Demonstrate awareness of relevant regulatory requirements
• Experience in MI reporting and data management.
• Exposure to using data analytics in Internal Audit.

Technical competencies

• Professional Ethics
• Business Acumen
• Internal Auditing Methodologies
• Internal Audit Management
• Risk Analysis & Control Assessment Techniques
• Critical Thinking
• Communication skills
• Improvement and Innovation

Core Competencies

• Strategic: Identifies, understands and acts on broader opportunities in order to drive longer-term value-adding change. Identifies and acts on market and/or competitor trends/opportunities to set, develop and drive out value adding change. Is able to understand, identify and act on broader opportunities in order to drive longer-term, value-adding change. Applies judgement effectively. Identifies and acts on market and/or competitor trends/opportunities to set, develop and drive out strategic value adding change.
• Leading with Influence: Influences and rallies people behind common goals and inspires others to exceed expectations. Actively supports the growth and performance of people around them. Communicates clear strategies and objectives for own function.
• Innovation (Perspective): Demonstrates ability to relate to challenges from a range of diverse but relevant perspectives. Generates creative/out-of-the-box solutions. Challenges the status quo and/or demonstrates ability to relate to challenges from a range of diverse but relevant perspectives. Generates new perspectives that allow a more creative approach to be followed. Willing to take calculated risks when introducing novel ideas.
• Execution: Displays consistent energy, drive and perseverance in order to deliver results. Demonstrates a willingness to take calculated risks to achieve stretch performance goals.
• Customer First: Puts the customer at the heart of business decisions and drives to improve value for customers. Builds inspiring customer relationships. Being a customer champion and being responsive to customer needs so as to improve our speed to market.
• Personal Mastery (Learning): Learns and actively works to build self-awareness; develop through experience and feedback from others. Copes effectively with stress and has the resilience to take on stretching and challenging assignments which carry a risk of failure. Adjusts effectively to work within new work structures; processes; requirements, or cultures.
• Collaboration (Relating): Proactively establishes and maintains relationships. Values driven in relating to others. Engenders trust, respect and the building of meaningful relationships across a variety of contexts. Able to handle a wide range of relational challenges including conflict and confrontation to collaborate across boundaries.

Skills

Accounting, Action Planning, Auditing Operations, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Management Reporting, Numerical Aptitude, Oral Communications, Report Review

Competencies

• Business Insight
• Communicates Effectively
• Courage
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity
• Optimizes Work Processes

Education

Closing Date

20 January 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!