Senior Audit Manager: Financial Crime - Exchange Control, Fraud & Regulatory Risk

Nedbank; South Africa; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

A leading financial institution in Johannesburg is seeking a Senior Audit Manager: Financial Crime to provide strategic leadership and independent assurance to the Group Audit Committee. The role involves managing risk, regulatory compliance, and leading a high-performing team. Candidates must have extensive experience in fraud risk and compliance within banking. This position offers an opportunity to influence risk management practices across the organization.

Qualifications

• 8-10 years of experience including at least 5 years in a senior leadership role.
• Experience in fraud risk, exchange control, regulatory compliance within a banking environment.

Responsibilities

• Lead and mentor a team of specialists.
• Ensure effective risk management practices are implemented.
• Develop relationships with stakeholders for quality outcomes.
• Contribute to the development of the audit plan using a risk-based methodology.

Skills

Team leadership

Stakeholder management

Fraud risk management

Regulatory compliance

Risk management

Change management

Education

Bachelor's degree in law, Finance, Risk Management

Advanced Diplomas/National 1st Degrees

Job description

Overview

Requisition Details & Talent Acquisition Consultant

REQ 141636 Thembi Mtshali
Location: Johannesburg
Job Family: Risk, Audit and Compliance
Career Stream: Auditing
Leadership Pipeline: Manage Managers

Purpose of GIA

The purpose of GIA is to provide independent, objective assurance to the Nedbank Group Limited Board of Directors via the Group Audit Committee that the governance processes, management of risk and systems of internal control are adequate and effective to mitigate the risks (in line with GIA Internal Audit Methodology), both current and emerging, that threaten the achievement of the Group\'s strategy and key objectives, and in so doing help improve the internal control and risk culture of the Group. GIA receives its authority from the Group Audit Committee (GAC), which is a committee of the Board of Nedbank Group Limited established to, among other things, review the work of Internal Audit of Nedbank Group Limited and its subsidiaries (the \"Group\").

Job Purpose

To provide strategic leadership and guidance to teams by providing independent assurance of the control environment to the Nedbank Group Audit Committee and ensuring effective risk management practices are implemented across Nedbank. In addition, to lead and manage strategic and operational relationships with internal and external stakeholders to enhance the effectiveness, influence, and credibility of Group Internal Audit (GIA).

Job Responsibilities

The Senior Audit Manager: Financial Crime - Exchange Control, Fraud & Regulatory Risk, in the discharge of his/her duties, shall be accountable for:

• Support the reporting and effectiveness of the governance, risk, and internal control framework to appropriate governing bodies.
• Comply with regulatory and corporate governance expectations of internal audit functions.
• Accountable for the delivery and measurable performance of their respective portfolio including audit execution where required.
• Lead and mentor a high-performing team of specialists.
• Foster a culture of integrity, accountability and continuous improvement.
• Collaborate across GIA and the other lines of defence across the Group to ensure a coordinated approach to risk management.
• Have in place a robust process to follow-up management\'s agreed actions to address issues raised by the team.
• Develop and maintain relationships with stakeholders to support timely and insightful and quality outcomes.
• Create an environment of teamwork and collaboration that contributes to the success of the wider Group Internal Audit (GIA) goals.
• Contribute to the development of the audit plan using a risk-based methodology with consideration for current and emerging risks.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

Certified Internal Auditor , Advanced Diplomas/National 1st Degrees

Essential Certifications

• Bachelor\'s degree in law, Finance, Risk Management, CIA or other relevant qualifications.

Minimum Experience Level

• 8-10 years of experience with at least 5 years in a senior leadership role.
• Proven experience in fraud risk, exchange control, regulatory compliance within a banking environment.

Technical / Professional Knowledge

• Accounting standards
• Change management
• Financial Accounting Principles
• Governance, Risk and Controls
• Principles of project management
• Relevant regulatory knowledge
• Risk management process and frameworks
• Strategic planning
• Institute of Internal Auditors standards
• Code of Ethics

Behavioural Competencies

• Building Partnerships
• Earning Trust
• Coaching
• Communication
• Driving for Results

EEO / Hiring Statement

Preference Recruiting Team at [phone] will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at [phone]

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