Head, Internal Audit, Model Risk & Validation

at  Standard Bank

Job Overview
Business Segment: Group Functions
Location: ZA, GP, Johannesburg, Baker Street 30
Job Type: Full-time
Job Ref ID: 80427192A-0001
Date Posted: 9/13/2024
Job Description
To lead and review the audit process for multiple portfolio’s and area of specialty in line with the Group Internal Audit strategy to provide independent and objective assurance and advice within a segment or area of expertise to ensure sustainable client centric management of risk across SBG.
Contribute to the development and implementation of GIA’s strategy and operating model by applying insights from the SBG strategy and operating model, business unit strategy and operating model, products, services, client-base and competitive environment, industry and wider developments, regulatory environment, business developments and changes, operations, risk management practices and global assurance practices.
Assess, identify and report on practices in the audit portfolio which negatively impact client experience and raise recommendations to improve client experience.
Contribute to the development of and manage adherence to GIA methodology, policies and processes. Monitor developments in regulatory requirements, professional practices and industry standards to ensure requirements, practices and standards are addressed. Ensure the methodology, practices and processes address GIA’s mandate and enable highly effective outcomes and efficient practices.
Report into portfolio governance committees providing collective audit outcomes and opinions, audit metrics, risk assessments, risk themes, risk insights and risk foresights on the portfolio. Engage across GIA to draw insights from other areas impacting the portfolio.
Drive and manage the effective use of GIA data for reporting to progressively develop GIA’s impact on the risk and control environment.
Qualifications
Post Graduate Degree in Mathematical Sciences or Quantitative Studies (Min)
Master’s Degree in Mathematical Sciences or Quantitative Studies (Pref)
Relevant professional membership will be required based on specialty (Pref)
Additional Information

EXPERIENCE REQUIRED:

10 Years +: Seasoned incumbent with deep specialist Model Risk Management experience gained from a large complex, international organisation. Able to identify, measure, monitor, manage and report on regulatory compliance for all risk types. Experience in the development, validation and auditing of models.

Please refer the Job description for details