Internal Auditor Jobs – ABSA Bank

Job Title:  Internal Auditor

Organisation: Absa Group Limited (formerly Barclays Bank UK)

Duty Station:  Kampala, Uganda

About US:

Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.

Job Summary:  The core responsibility of an auditor within Absa is to execute audit assignments in accordance with the Absa Group Internal Audit methodology and relevant policies, procedures and quality standards.

Key Duties and Responsibilities:

Audit Delivery and Issue Assurance

• Develop an in depth knowledge of the methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audit activities.
• Deliver assigned work assigned by the Chief Internal Auditor and Internal Audit Managers to a high quality and in accordance with the requirements of the Internal Audit’s function scorecard.
• Assist the Internal Audit Managers with planning and execution of Design Effectiveness and Operating Effectives Testing, uniformly applying the methodology and quality standards, focusing the work on key risks, with minimum supervision from the Internal Audit Managers.
• Develop and maintain relationships with key audit contacts on each audit by attending continuous stakeholder meetings. In addition, engage closely with stakeholders during assignments and encourage open discussion and interaction with business on the risks associated in their environment.
• Engage proactively with Internal Audit colleagues Absa Internal Audit (AIA) during assignments and request technical assistance where required. Technical assistance may be requested for the review of the risks and controls to be tested, audit working papers and audit report.
• Based on knowledge of business areas, provide guidance to other auditors and peers by sharing best practice so that their work meets and sometimes exceeds quality standards.
• Develop an in-depth knowledge of Absa and the various business areas and use this knowledge to assess risks and controls through identifying, assessing and documenting risks and controls within these processes.
• Evaluate the design and operating effectiveness of controls and document all working papers in line with Absa Group Internal Audit methodology requirements. The working papers must be accurate, reflective of work performed and support conclusions drawn.
• Display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified.
• On an ongoing basis throughout the audit, discuss and agree the factual accuracy of audit observations with the Chief Internal Auditor and Internal Audit Managers.
• Provide feedback to the Chief Internal Auditor and audit team with progress and observations raised during the audit by communicating honestly, frequently and effectively. Build and maintain good working relationships with fellow auditors.
• Participate fully and be supportive in all audits by providing assistance to the team where required.
• Continue to update awareness of risk issues and changes across selected business units from interaction with management and provide feedback to the Chief Internal Auditor.
• Perform issue validation testing as directed and document the results in accordance with the requirements of the Absa Group Internal Audit Methodology.

Knowledge Management

• Improve technical knowledge through self-learning or training including mandatory Continuous Professional Education requirements.
• Share knowledge with AIA colleagues and peers in the business.
• Develop and enhance learning through seeking coaching, training and continual feedback
• Coach new joiners and trainees on how to apply the Absa Group Internal Audit Methodology.
• Build knowledge of business and culture in business units as assigned by the Chief Internal Auditor.
• Knowledge of key regulations, policies and regulations for assigned areas.

Reporting

• Prepare audit observations and make sure that they are concise, factually accurate and cover all of the significant issues. The observations must be insightful, address the root causes, and have agreed actions that fully mitigate the risk.
• Assist the Chief Internal Auditor and Internal Audit Managers where required, in the drafting of the audit report in line with methodology requirements and as per the requirements of the Balanced Scorecard.

Relationship management

• Develop and maintain relationships with accountable management on each audit.
• Present effectively at stakeholder meetings relating to continuous business monitoring and audits.

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s Degree and Professional Qualifications: General (Required)

Competencies:

• Collaborating with others – Trust, Empathy, Active listening, Negotiation, Communication
• Analytical thinking – systematic and logical problem solving
• Critical Thinking – objective analysis and evaluation
• Cognitive Flexibility – mindset flexibility and task switching
• Digital Literacy
• Creativity – Inquisitiveness and lateral thinking

How to Apply:

All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below.

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Deadline: 10^th January 2023

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