Senior Audit Manager: Wealth

Job Description

Job Purpose

To provide strategic leadership and guidance to teams by providing independent assurance of the control environment to the Nedbank Group Audit Committee and ensuring effective risk management practices are implemented across Nedbank..

Job Responsibilities

Build relationships with key stakeholders through regular engagements, through understanding their current business reality, requirements, risks , strategy and expectations, ensuring that key and/or emerging risks are considered in annual audit plan. Ensure inefficiencies and duplication of efforts are limited and minimise disruption to stakeholders. Provide audit feedback on outstanding audit issues, progress to audit plan and/or emerging risk trends. Manage stakeholder expectations and provide stakeholder awareness and education on audit best practices, methodology and audit issues policy. Collaborate with teams within GIA, create awareness and demonstrate best practice. Ensure relevant information is shared and contribute to increased efficiencies. Contribute to the achievement of GIA targets and ensure transformational targets are met for own team. Contribute to a culture of transformation and operational goals by participating in Nedbank culture building initiatives, including CSI. Address team issues raised in culture surveys and improve results year on year. Deliver a worldclass service through others by creating a client service culture. Achieve operational excellence and support the implementation of business optimisation improvement in GIA through team engagement. Identify areas of non-compliance with laws, regulations and guidelines.

Responsibilities + Skills

Advanced Diplomas/National 1st DegreesPreferred QualificationCertified Internal Auditor , Advanced Diplomas/National 1st Degrees


Verify that agreed management actions are implemented and followed through. Facilitate accurate reporting to stakeholders and ensure accuracy of management information. Ensure budget is met and take corrective action where necessary by providing input into the annual budget and managing the budget through forecasting, tracking and authorising expenditure as well as regularly liaising with finance department. Ensure that relevant risks are audited by managers and teams. Ensure that projects are delivered on time, meeting business requirements and targeted hours


Identifying business risksConducting quality reviews of internal audit filesConducting and managing multiple audits simultaneouslyConducting audits in specialist business areasGiving presentationsManaging a team of professionals

Job Summary

  • Published on: Friday, 25th October 2019
  • Designation: Senior Audit Manager: Wealth
  • industry: Finance
  • Vacancy:
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Friday, 25th October 2019

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website:
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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