Specialist Audit - Compliance Monitoring at Absa · Johannesb…

Specialist Audit - Compliance Monitoring Location: Johannesburg Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary We are looking for someone who is passionate about technology, who has experience working with technology infrastructure and systems analysis. The successful candidate will join the Compliance Monitoring & Testing team who provide assurance on compliance with relevant laws, regulations and internal policies of the business. The team executes monitoring assignments in accordance with the Group Compliance Assurance Methodology, relevant policies, procedures and quality standards. This position plays a crucial role in identifying and mitigating compliance risks within the organisation and involves conducting regular testing to identify potential compliance risks and working closely with multiple stakeholders to implement corrective actions. A significant part of the role will involve system analysis, data analytics and automating the testing of compliance and reputation risk controls. Job Description Execute all of the monitoring/audit 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). Ensure that delivery adheres to the Compliance Assurance Methodology and quality standards. Prepare monitoring/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. Maintain comprehensive documentation of testing procedures, results, and recommendations. Prepare and present regular reports to senior management and relevant stakeholders outlining compliance testing findings and recommended actions. Provide suggestions to stakeholder management on how they can address the control issues identified. Display professional scepticism, raising and discussing contentious observations with management and provide evidence to support all issues identified. Provide timely feedback to the Monitoring & Testing Manager and team members with progress on identified issues and observations raised. Draft all findings and reports so that they are concise and factually accurate. Support the development and implementation of data analytics driven business-monitoring programmes to support the Compliance Monitoring & Testing team. Stakeholder engagement and Portfolio management: Develop and maintain relationships with business (including 1and 2 Line of Defence) and actively monitor the compliance risk profile of the business to inform assurance planning, reporting and delivery. Support the Combined Assurance effort across the 3 LOD to strengthen the control environment. Provide input into Risk and Committee reporting, clear messaging and impact on the risk and control environment of the business. Work closely with compliance officers, legal teams, and business units to address compliance issues. Implement ongoing monitoring processes to ensure sustained compliance. Knowledge Management: Display professional scepticism and apply a residual risk lens to potential audit issues with management and in final reporting. Continuous upskilling on both technical and other core competencies. Keeping up to date with industry trends, regulatory changes and professional standards. Stay informed about changes in regulations and industry best practices, adjusting monitoring processes accordingly. Teamwork: Engage proactively with Monitoring & Testing colleagues during assignments and request technical assistance where required and based on knowledge of business areas, provide guidance to other team members and peers by sharing best practice so that their work meets and sometimes exceeds quality standards. Knowledge and skills: Practical experience of development and execution of IT General and Application Controls, analytics programs to assess risk and related control environments as part of an internal or external audit role/function, or as part of a risk management function In-depth working knowledge of GRC systems and integration with Data Lakes (e.g. Auditbond, Archer GRC, Hadoop & AWS Data Lakes) In-depth knowledge of relevant financial service regulations and industry best practices. Strong analytical and problem-solving skills Excellent communication and interpersonal skills Detail orientated and thorough Ability to work independently and as a part of a team Strong ethical standards and integrity Advantageous: Practical knowledge of data mining, data analysis and visualization techniques Advantageous - Cyber security skill and experience such as security assessments, firewall wall configuration, DevSecOps, etc. Experience executing technology or cyber security audit or assurance work Education B Degree (e.g. Commercial, Informatics, Statistics, Computer Science, Audit) Programming / software development experience Min of 6 years in compliance, risk management or audit within a financial institution Advantageous CISA - Certified Information Systems Auditor; CIA - Certified Internal Auditor; CFSA - Certified Financial Services Auditor; CCSA - Certification in Control Self-Assessment Cyber security industry accreditation/certification (e.g. CND, S+, CEH, ISO 27000) Knowledge of data Visualisation/Dashboards tools/RPA Education Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised