Internal Audit jobs in South Africa

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

With over 100 years of rich history and a strong presence as a local bank with regional and international expertise, 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

Design, implement, and monitor governance frameworks, policies, and controls to ensure regulatory compliance and mitigate operational, financial, and reputational risks within the bank.

Job Description

• Participate in all audit phases: planning and scoping, fieldwork, and reporting, ensuring audit observations and actions are agreed with management.
• Ensure adherence to the Fraud Solutions Assurance Methodology, Absa Governance Framework, and quality standards.
• Provide feedback to relevant stakeholders on progress and issues.
• Support data analytics-driven business-monitoring programs for Fraud Solutions Assurance and Fraud Loss teams.
• Develop and oversee governance policies and procedures, ensuring alignment with standards and regulations.
• Maintain and update the corporate governance structure.
• Identify, assess, and manage risks related to banking operations and compliance.
• Lead audit preparations and implement recommendations.
• Develop internal controls to safeguard assets and ensure data integrity.
• Conduct reviews and tests of controls to identify weaknesses.
• Report regularly on governance and risk to senior management and the board.
• Maintain documentation related to policies, incidents, and audits.
• Act as liaison with regulators and auditors, providing guidance and training to staff.
• Collaborate with internal departments to strengthen controls.
• Develop business continuity and crisis management plans, conducting tests to ensure readiness.

Stakeholder engagement and Portfolio management

• Build relationships with business units, including Fraud Solutions, Compliance, and Internal Audit.
• Support the assurance efforts across all lines of defense to strengthen controls.
• Contribute to risk and committee reporting, ensuring clear messaging and understanding of impacts.

Knowledge Management

• Apply professional skepticism and residual risk assessment in reviews.
• Continuously develop technical and core competencies.
• Stay updated on industry trends, regulations, and standards.
• Upskill team members and stakeholders for knowledge sharing.

Knowledge and Skills

• Experience in IT Controls, analytics, audit, or risk management roles.
• Understanding of financial principles, risks, and governance.
• Knowledge of business processes, risks, and controls.
• Experience with IBM Open Pages is desirable.

Advantages

• Data mining, analysis, visualization skills.
• Financial analysis experience.
• Cybersecurity or technology audit experience.
• Experience in banking, forensic accounting, or auditing.

Education

• Bachelor’s degree in relevant fields (e.g., Commerce, Informatics, Statistics, Computer Science, Audit).
• Completed Internal Audit or SAICA Articles with at least 2 years post-article experience.

Note

Absa Bank Limited 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.