Job Description / Responsibilities:

Accountability: Assurance agenda

• Develop an in-depth knowledge of Absa and the business areas and use this knowledge to execute on assurance responsibilities.

• Actively participate in all the audit/review phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure audit observations and planned actions are agreed with management for factual accuracy) within Financial Control.

• Ensure delivery adheres to the Assurance methodology and quality standards.

• Prepare 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.

• Where standard control testing does not provide the required assurance, assist with the design of additional methods of assurance.

• Continuously enhance the assurance techniques by increasing the use of technology.

• Conduct reviews, investigations, and/or ad hoc projects within the business area as per plan or where concerns have been raised or where there is potential significant unmitigated risk, including the review, challenge and tracking / escalation of findings.

• Conduct post incident reviews and produce relevant MI to analyse root causes and ensure learning points are identified and any necessary remedial action is implemented with a view to improving Business processes.

Background and experience required:

Assurance and Audit knowledge and experienceControl testing experience B degree/similar qualification in internal audit/ financial/related discipline1 to 3 years post qualifying

Business experience in an External Audit firm, financial services environment

• Exceptional academic track record

• Ability to use analytical review tools to analyse and interpret financial data

• Understanding of financial reporting processes and related controls

• Ability to identify control gaps and weaknesses