Senior Audit Manager - Nat B

Apply by: 2 October 2026

Job description

Strategic Function

• Contributes to the development of the BU BSC initiatives.
• Implement the BSC initiatives within the BU.
• Lead as BSC champion on specific BU BSC KPIs.

Audit Portfolio Leadership

• Assume overall responsibility for the planning, execution, completion and reporting of complex financial-sector audits.
• Develop risk-responsive audit strategies considering each institution's mandate, business model, funding structure and regulatory environment.
• Ensure compliance with International Standards on Auditing, AGSA methodology, quality-management requirements and applicable reporting deadlines.
• Exercise oversight over significant risks, judgements, estimates and contentious accounting or audit matters.
• Direct group audits involving subsidiaries, associates, joint arrangements and component auditors, including the application of ISA 600.
• Maintain audit quality through timely reviews, consultations, coaching and resolution of review findings.

Credit and lending portfolio assurance

• Lead the audit of wholesale, agricultural, infrastructure and small-business loan portfolios.
• Evaluate loan origination, credit approval, disbursement, monitoring, restructuring, collections and write-off processes.
• Assess credit-risk governance, including concentration risk, counterparty risk, collateral management and related-party or connected lending.
• Challenge the design and operation of IFRS 9 complex expected-credit-loss models.

Financial instruments and valuation

• Oversee audits of complex financial instruments, guarantees, derivatives, investments, concessional loans and funding arrangements.
• Assess classification, recognition, measurement, impairment, modification, derecognition and disclosure under IFRS 7, IFRS 9 and IFRS 13.
• Evaluate valuation models, discount rates, cash-flow forecasts and fair-value hierarchy classifications.
• Assess hedge accounting, liquidity management and funding-risk disclosures where applicable.
• Coordinate the work of credit-risk, valuation, actuarial, legal, information-technology and data-analytics specialists

Prudential and regulatory assurance

The incumbent must have knowledge of

• The Banks Act and applicable banking regulations;
• Financial Sector Regulation Act;
• Prudential Authority standards, directives and guidance;
• Basel III capital, liquidity, leverage and risk-management principles;
• Governance, risk aggregation and regulatory reporting where relevant and any other financial regulatory standards.

Other responsibilities Applicable to All JD's

• Perform and/or manage other projects, tasks and assignments not stipulated on the Job description as and when required

Minimum requirements

Formal Education

• This position a minimum qualification of CASA

Experience

• Minimum 7 years post qualification experience with at least 4 years' experience operating at a manager level.
• Demonstrated experience auditing banks, development finance institutions, credit providers or other complex financial institutions.
• Strong practical experience with IFRS 9, IFRS 7, IFRS 13 and consolidation or group-audit requirements.
• Experience auditing large loan books, expected-credit-loss models and complex accounting estimates.
• Sound knowledge of the PFMA, Treasury Regulations and the Public Audit Act.