Senior Internal Auditor - Financial Services

Placements24; Bloemfontein; On-site; ZAR 550,000 - 850,000; Full time

Benefits offered by this job

Competitive salary

Bonus program

Medical aid

Pension fund

Life insurance

Career development

Job summary

Placements24 in Bloemfontein seeks a Senior Internal Auditor to strengthen the assurance function across the financial services group. You will plan and perform audits, assess controls, and report findings with actionable recommendations to improve risk management and governance.

You will collaborate with multiple departments, build stakeholder relationships, and contribute to the annual audit plan while staying current with regulatory requirements and industry practices.

Qualifications

• Professional certification such as CIA, CA(SA), or CISA is highly desirable.
• Minimum of 5 years of experience in internal audit or related risk role.
• Solid understanding of COSO and risk management concepts.
• Knowledge of financial services regulations and controls.

Responsibilities

• Plan and execute internal audit engagements with risk assessment and testing.
• Evaluate effectiveness of controls, risk management and governance.
• Identify weaknesses, inefficiencies and compliance gaps.
• Prepare concise audit reports with practical recommendations.
• Follow up on implementation of audit recommendations with management.
• Stay updated on regulatory changes and industry best practices.
• Conduct special investigations as required.
• Support annual internal audit plan development and execution.

Skills

Internal audit

COSO framework

Data analysis

Risk assessment

Education

CIA / CA(SA) / CISA certification

Job description

About the Role

Our client, a reputable financial services institution in Bloemfontein , is looking for a Senior Internal Auditor to join their independent assurance function. This role is integral to evaluating and improving the effectiveness of risk management, control, and governance processes across the organization. The Senior Internal Auditor will be responsible for planning, executing, and reporting on financial, operational, and compliance audits. This position offers a challenging and rewarding career path for a detail-oriented professional who thrives on identifying improvements and ensuring operational integrity. You will work closely with various departments, providing objective assessments and valuable recommendations to enhance business processes. The scope of work is broad, covering diverse areas of the financial services operations.

Key Responsibilities

• Plan and execute internal audit engagements, including risk assessment, control testing, and substantive procedures.
• Evaluate the adequacy and effectiveness of internal controls, risk management processes, and governance structures.
• Identify control weaknesses, operational inefficiencies, and compliance breaches.
• Develop clear, concise, and actionable audit reports with practical recommendations.
• Follow up on the implementation of audit recommendations with management.
• Stay updated on industry best practices, regulatory requirements, and emerging risks relevant to the financial services sector.
• Conduct special investigations as required.
• Build and maintain strong relationships with stakeholders across the organization.
• Assist in the development and execution of the annual internal audit plan.

Requirements

• Professional certification such as CIA, CA(SA), or CISA is highly desirable.
• Minimum of 5 years of experience in internal audit, external audit, or a relevant risk management role, preferably within financial services.
• Solid understanding of auditing principles, internal control frameworks (e.g., COSO), and risk management concepts.
• Knowledge of relevant financial services regulations.
• Proficiency in data analysis techniques and audit software is a plus.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to present findings clearly and effectively.
• High level of integrity, objectivity, and professionalism.
• Ability to work independently and manage multiple assignments simultaneously.

Benefits

Our client offers a competitive salary, commensurate with experience, and a performance-based bonus structure. Comprehensive medical aid, a defined contribution pension fund, and life insurance are included. The role is based at our main office in Bloemfontein . Opportunities for professional development, continuous training, and career progression within the internal audit function and the broader organization are readily available. This role provides excellent exposure to the entire business and the opportunity to contribute significantly to the firm's control environment.