Senior Internal Auditor Credit Risk
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Requisition Details
REQ 144473 Thembi Mtshali
Location: Johannesburg
Closing Date: 16 March 2026
Job Family
Risk Audit and Compliance
Career Stream
Auditing
Leadership Pipeline
Manage Self Professional
Job Purpose
Provide independent riskbased assurance over the design and operating effectiveness of creditrisk management in relation to governance processes systems and data across Nedbank Clusters (including Nedbank Africa Regions) in conformance with the IIA Global Internal Audit Standards (2024) and aligned to the banks combined assurance model.
The role expands specialist coverage for credit risk delivering deepdive modelinformed and datadriven assurance across the wholesale and retail credit lifecycle. The assurance coverage is inclusive of counterparty credit risk and credit data quality consistent with GIAs mandate to provide independent objective assurance to the Board via the Group Audit Committee (GAC).
Job Responsibilities
Perform structured riskbased assessments of internal audit credit risk outcomes and prepare highquality reporting for relevant governance forums contributing to the assurance provided to the Group Audit Committee and Board Risk Committee.
Evaluate and report on the effectiveness of governance risk management and internal control processes across Credit Risk ensuring that control weaknesses emerging risks and improvement opportunities are clearly identified and articulated.
Ensure compliance with internal audit standards regulatory expectations and corporate governance principles when planning executing and documenting audit work.
Identify and escalate significant issues related to creditrisk processes including weaknesses in monitoring sanctioning earlywarning mechanisms data quality and credit decisioning practices while proposing practical controlenhancing improvements.
Support the assessment of audit resource adequacy by contributing subjectmatter expertise maintaining strong technical and analytical capability and ensuring that audit procedures applied in Credit Risk align to professional standards and the audit plan.
Execute timely followup reviews (including continuous monitoring) to assess managements progress in addressing audit findings testing the sustainability and effectiveness of implemented actions.
Deliver highquality audit execution within agreed timelines contributing measurable value through robust fieldwork datadriven insights and wellevidenced conclusions.
Apply sound professional judgement when forming conclusions and drafting opinions on the adequacy and effectiveness of internal financial controls and creditrisk management processes.
Develop actionable insights from audit results and present these to governance bodies risk owners and business stakeholders in a clear concise and businessrelevant manner.
Build constructive working relationships with stakeholders across the first second and third lines acting as a trusted subjectmatter resource while maintaining independence and objectivity.
Maintain strong business engagement by participating in continuous monitoring activities conducting walkthroughs reviewing MI and identifying control themes trends and emerging risks across portfolios.
Contribute to the development and refinement of the rolling audit plan applying a creditrisk lens to ensure that key strategic areas regulatory developments emerging risks and management concerns are appropriately covered.
Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees
Essential Qualification
A bachelors degree in commerce (Finance Accounting etc) or Risk is required is essential
A post graduate degree would be advantageous as well as CIA CA(SA) FRM/PRM CFA CISA certifications.
Minimum Experience Level
3 years in Wholesale / CIB / Retail credit (Portfolio Experience).
3 years in Data Analytics
Extensive internal/external audit and/or risk management experience in banking.
A comprehensive understanding of relevant financial services regulatory frameworks and compliance requirements
The following additional experience is preferred:
Ability to operate independently with minimal supervision.
Auditing of Information Technology controls.
Technical / Professional Knowledge
Audit reporting
Audit standards and practices
Banking knowledge
Governance Risk and Controls
Ethics and Fraud
Business writing skills
Behavioural Competencies
- Managing Work
- Monitoring Information
- Building Partnerships
- Quality Orientation
- Continuous Improvement
- Work Standards
- Courage
- Adaptability
Please contact the Nedbank Recruiting Team at
Required Experience:
Senior IC
Key Skills
- Auditing
- Data Analytics
- COSO
- IT Auditing
- Accounting
- Visio
- Analysis Skills
- COBIT
- SOX
- Financial Analysis
- Financial Modeling
- Internal Audits
About Company
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