Financial Services Audit Manager - Credit

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Job SpecificationJob Title / Position: ManagerFinancial Services: Credit Audit ManagerNumber of Positions:Function and Business Unit: Financial Services AuditDescription of the Role and Purpose of the Job:The Financial Services Audit division provides audit services to the largest banking clients in South Africa. We have created the credit risk group which requires audit managers to work primarily on the corporate and retail credit aspects of banking audits, specifically the determination of expected credit losses (ECL). This requires extensive knowledge and experience with IFRS 9 concepts in relation to banks and to work closely with credit model quants to determine and respond to audit risks as well as provide advisory services to non-audit clients. The credit risk group has been established to invest heavily in the development and training of individuals as well as streamline the credit audit approach globally.Key Responsibilities:Guide, project manage, and oversee the credit (ECL) audits of banks.Understand key technical concepts in relation to credit modelling and the application of IFRS 9.Develop training material and administer training in Sub-Saharan Africa.Work with other global member firms in understanding common credit risk areas and streamlining the audit approach.Work closely with the quant credit modelling team in both audits and advisory work to link technical concepts with financial statement and audit requirements.Provide technical, audit operational, and audit quality leadership.Establish the credit risk group and expand service offerings with a growth mindset.Interact with audit committee members, credit risk officers, and other senior management personnel to build credible relationships.Skills and Attributes Required for the Role:Deep understanding of credit risk, IFRS 9, and banking concepts.A general understanding of credit modelling and approaches.Exposure to the financial services IT environment.Strong leadership skills.Team player.Ability to work under pressure.Good communication (verbal and written) and interpersonal skills.Knowledge of audit documentation software (eAudIT and Clara).Up to date with accounting, auditing standards, and global best practice templates.Enthusiasm, individual initiative, and self-drive.Minimum Requirements to Apply for the Role (Including Qualifications and Experience):CA (SA) or equivalent qualification with at least 3 years' experience since completion of training contract.Experience in audits or advisory work over ECL.
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