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Head of Internal Audit, Financial Services and Wealth Industry

EXECUTIVE SEARCH STATUS: Current

POSITION: Head of Internal Audit

NATURE OF BUSINESS: Financial Services and Wealth

JOB LOCATION: Western Cape, South Africa

REPORTING TO: Audit Committee Chair and Chief Regulatory Officer (functionally and administratively)

 

SUMMARY OF EXECUTIVE OPPORTUNITY:

The Head of Internal Audit holds a critical role in ensuring the integrity, effectiveness, and compliance of the organisation's internal control environment and risk management systems. This position collaborates closely with senior management and the Board of Directors to provide independent and objective assurance on the organisation's internal control environment and risk management processes. The Head of Internal Audit is expected to set the internal audit strategy, manage the operating model and resources, and in consultation with senior management and the Board design the annual internal audit plan for approval by the Audit Committee, and subsequently execute and report on it.

 

KEY EXECUTIVE ATTRIBUTES REQUIRED:

  • Internal Audit functional and managerial leadership with a proven track record of at least 10 years relevant industry experience of which 5 years must be at an internal audit senior management level
  • Demonstrated experience in developing and executing internal audit strategies that align with organisational strategic objectives and potential risk exposures
  • Excellent understanding of internal control frameworks, risk management, and industry-specific regulations, requirements and codes of good governance practices (e.g. Collective Investment Schemes Control Act, Financial Advisory and Intermediary Services Act, Financial Intelligence Centre Act, Pension Funds Act, Long-term Insurance Act, etc.)
  • Proven ability to interact effectively with senior executives and board members
  • Strong familiarity with industry-specific compliance requirements and applicable accounting and auditing standards, as well as applicable codes of conduct

 

QUALIFICATIONS:

  • A relevant post graduate qualification
  • Chartered Accountant (SA) (minimum)
  • Professional Internal Auditor (PIA), Certified Internal Auditor (CIA) and/or Certified Information Systems Auditor (CISA) (minimum)
  • Additional industry related qualifications (advantageous)

Send your details in confidence to: emily.peters@amropwoodburnman.co.za

Note: Should you be interviewed by Amrop Woodburn Mann you will be asked to sign a consent form to permit us to verify your qualifications. Scanned copies of your degrees and diplomas may be asked for and can be sent to us when sending us your educational and career details.