Internal Audit Specialist
- Employer
- FirstRand Bank Limited
- Location
- Central Johannesburg 4 Merchant Place, 1 Fredman Drive, Sandton, Johannesburg, 2196 Johannesburg, South Africa
- Salary
- Competitive
- Closing date
- Sep 12, 2024
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- Job Role
- Internal Auditor
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Job Description
Hello future Internal Audit Specialist
FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!
Are you someone who can:
Plan and execute audit assignments to provide assurance over model risk management, governance, data, deployment, usage and all associated controls within FirstRand Banking Group. The following are some models frequently reviewed by Group Internal Audit:
Each model audit assesses model design, model documentation, quality of model inputs and data preparation processes and reporting (BCBS239), model implementation (usage) and model performance monitoring.
The successful candidate will, as part of the audits and independent reviews be required to interact with the data owners, model developers and users, independent validation functions, risk management, model risk governance structures and committees and divisional audit teams in order to inform the scope of the assignment to be embarked on as well as reporting on the outcome of reviews.
You will be an ideal candidate if you have:
You will have access to:
We can be a match if you are:
Are you interested to take the step? We look forward to engaging with you further. Apply now!
#Post
#FCC
#LI-NK2
Job Details
Application Closing Date
10/09/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
Hello future Internal Audit Specialist
FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!
Are you someone who can:
Plan and execute audit assignments to provide assurance over model risk management, governance, data, deployment, usage and all associated controls within FirstRand Banking Group. The following are some models frequently reviewed by Group Internal Audit:
- Credit risk models (including capital, provisioning, scoring, affordability and pricing)
- Market risk models
- Economic capital risk models
- Funding and liquidity risk models
- Artificial intelligence and machine learning models
- Stress testing models
- Financial crime and fraud risk models
- Propensity models
- Data aggregation models and calculators
Each model audit assesses model design, model documentation, quality of model inputs and data preparation processes and reporting (BCBS239), model implementation (usage) and model performance monitoring.
The successful candidate will, as part of the audits and independent reviews be required to interact with the data owners, model developers and users, independent validation functions, risk management, model risk governance structures and committees and divisional audit teams in order to inform the scope of the assignment to be embarked on as well as reporting on the outcome of reviews.
You will be an ideal candidate if you have:
- B.Sc. /B.Eng./B.Tech. Engineering (Computer Engineering/Software Engineering ) or IT Audit Qualification
- Have knowledge of project management, data architecture, data warehousing, system implementation and master data management
- Have solid report writing skills
- An Honours degree would be preferred (where relevant) and a Masters degree would be advantageous.
- Knowledge of statistical, mathematical and financial risk models and quantitative methods.
- Experience in using relevant software/programming packages such as Java, SAS, R, VBA, SQL, C++ Python and MATLAB.
- Experience with data transfers and migration controls and data quality testing
- A comprehensive understanding of the regulatory landscape, frameworks and compliance requirements associated with financial services and experience of working within these.
You will have access to:
- Challenging work in a complex and exciting environment
- Advanced analytics processes, systems, solutions and frameworks
- Opportunities to innovate and create efficiencies.
- Senior management and Group level governance structures
We can be a match if you are:
- Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.
- Have a general understanding of different risk types.
Are you interested to take the step? We look forward to engaging with you further. Apply now!
#Post
#FCC
#LI-NK2
Job Details
Application Closing Date
10/09/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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