Head, Internal Audit, Model Risk & Validation

Details of the offer

Job Overview Business Segment: Group Functions
Location: ZA, GP, Johannesburg, Baker Street 30
To lead and review the audit process for multiple portfolios and areas of specialty in line with the Group Internal Audit strategy to provide independent and objective assurance and advice within a segment or area of expertise to ensure sustainable client-centric management of risk across SBG.
Contribute to the development and implementation of GIA's strategy and operating model by applying insights from the SBG strategy and operating model, business unit strategy and operating model, products, services, client-base and competitive environment, industry and wider developments, regulatory environment, business developments and changes, operations, risk management practices and global assurance practices.Assess, identify and report on practices in the audit portfolio which negatively impact client experience and raise recommendations to improve client experience.Contribute to the development of and manage adherence to GIA methodology, policies and processes. Monitor developments in regulatory requirements, professional practices and industry standards to ensure requirements, practices and standards are addressed. Ensure the methodology, practices and processes address GIA's mandate and enable highly effective outcomes and efficient practices.Report into portfolio governance committees providing collective audit outcomes and opinions, audit metrics, risk assessments, risk themes, risk insights and risk foresights on the portfolio. Engage across GIA to draw insights from other areas impacting the portfolio.Drive and manage the effective use of GIA data for reporting to progressively develop GIA's impact on the risk and control environment.Qualifications Post Graduate Degree in Mathematical Sciences or Quantitative Studies (Min)
Master's Degree in Mathematical Sciences or Quantitative Studies (Pref)
Relevant professional membership will be required based on specialty (Pref)
Experience Required:
10 Years +: Seasoned incumbent with deep specialist Model Risk Management experience gained from a large complex, international organisation. Able to identify, measure, monitor, manage and report on regulatory compliance for all risk types. Experience in the development, validation and auditing of models.
Competencies:
Making Decisions: The pace at which individuals are prepared to make decisions and their willingness to take responsibility for their decisions under pressure.Upholding Standards: Ensuring high quality products and services while maintaining trust through proper behavior and honoring commitments.Developing Strategies: Being visionary and establishing effective long-term plans while identifying trends.Statistical & Mathematical Analysis: The ability to build, analyze, and interpret numerical and non-numerical data to determine potential risk exposure and inform business decisions.Internal Auditing: A systematic approach to evaluate and improve the effectiveness of risk management, control, and governance processes.Maintain IA Professional Practices: Knowledge of Internal Audit International Professional Practices to improve audit methodology and ensure continuous improvement of the audit function.Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or ******

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