Head, Internal Audit, Model Risk & Validation

Details of the offer

Only for registered membersLocation: JohannesburgSalary: ZAR 200000 - 300000Job OverviewTo 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.QualificationsPost 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.Making Decisions: This competency is about the pace at which individuals are prepared to make decisions, as well as their willingness to take responsibility for their decisions when under pressure.Upholding Standards: Ensuring high-quality products and services are provided, and trust is created and maintained.Developing Strategies: Establishing effective plans that take into consideration long-term aspects and identifying trends.Statistical & Mathematical Analysis: The ability to build, analyse and interpret numerical and non-numerical data to determine potential risk exposure.Internal Auditing: Following a systematic, disciplined 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 and apply them to improve the audit methodology.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.
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