Officer: Data Control and Digital Assurance (SP6) - Management Assurance Services x2
Position summary
Introduction
Job description
Key Performance areas (KPAs)
• Digital Transformation Oversight: Monitor and assess the bank's Retail environment on digital initiatives, ensuring compliance with regulatory requirements and internal policies.
• Risk Management: Identify potential risks associated with digital transformation projects and develop mitigation strategies to safeguard customer data and financial assets.
• Process Optimization: Implement data analytics tools to track and analyze digital processes, identifying opportunities for efficiency improvements and cost savings.
• Compliance Assurance: Conduct audits and reviews to verify adherence to digitization controls, providing recommendations for continuous improvement.
- Planning
• Develop working paper based on the controls as per procedure manuals.
• Meet with management and provide overview of all steps in the review process with each engagement.
• Assist to determine scope of review and resources requirement interventions
• Document review results and evaluate results to determine defects
• Create auditable entities on Risk system and link appropriate risks
• Gather data for sample reviews from source
• Conduct meetings to discuss audit findings with management;
• Assist to determine scope of review and resources requirement interventions
- Execution
• Obtain, manipulate and analyse data in the required business space;
• Design and create reports according to the department requirements;
• Implementation of a continuous monitoring of daily activities.
• A continuous amendment of the MAS approach in line with digitization of business;
• Identifying and recommend for elimination of redundant functions and components
• Design, develop, test and implement alternate review/audit approaches;
• Update working papers regularly; with any new/changes of procedures/information as published though circulars
• Perform opening meetings to brief the scope of work to branches or business unit.
• Perform substantive independent reviews on the effectiveness of key business and procedural controls as a dedicated 2nd line of defence function,
• Perform detailed review on all work-papers
• Apply your audit & assurance knowledge to fully understand all the controls, run assurance testing in accordance with the Bank Windhoek risk management program and strategy,
• Deliver assigned reviews from the annual assurance plan, with extra attention to high and medium risk rated projects,
• Document findings and deliver assurance opinions, collaborate, and challenge the business, when necessary,
• Give guidance and support on how exceptions should be addressed.
• Assist with embedding key risk monitoring and control practices into the business
• Maintain a cohesive working relationship with key stakeholders
• Adapt in your process of effectively designing and executing testing plans, reviewing scopes/reports and leading assigned reviews outside of the regular scope.
• Provide oversight and guidance to management with each engagement.
• Obtains and reviews evidence ensuring audit conclusions are well-documented
• Develop mechanisms to reduce recurring findings and to consistently improve the control environment on an annual basis
• Perform closing meetings to finalise all findings as agreed on for sign off,
• Perform monthly meetings with team members to keep up with the latest changes controls and compliance to enhance scope of work
• Obtains and reviews evidence ensuring audit conclusions are well-documented.
• Create and maintain comprehensive documentation of methods, processes and programs used.
- Reporting
• Compile and draft detailed report for exceptions that arise in line with MAS reporting standards
• Submit the draft report to the Manager for review
• Capture and publish final report on all issues identified on Risk system
4. Issue Closure management
- Coordinate auditors to perform monthly reviews of digitization and digitalization issue closure items submitted for closure.
- Ensure timely review and closure of issue closures within the timeline requirements.
- Talent Management and Succession Planning
• Identify appropriate and learning and developing opportunities for self and staff;
• Ensure that the staff Personal Development Plans are in accordance with the Management Assurance strategy and review plan;
• Ensure that engagement reviews are performed for all assignments and for all staff on a timely basis;
• Implement Talent Management and Succession Planning
- Knowledge Management
• Take into consideration the characteristics of the organization that is using the information system as well as how the system is implemented.
• Do research on the various technologies available, to streamline the daily operations of MAS.
• Do research in the business area to be reviewed to gain insight into operations and the various processes;
• Read manuals, policies and circulars on area to be reviewed;
• Use of technology / methodology resources.
- Operational
• Prepare and manage budgets for engagement/development as per the Management Assurance review plan;
• Actively monitor staff KPI's.
- Leadership
• Translate organizational goals into individual and team goals;
• Assist in championing change initiatives and evaluate them over time, and develop new strategies for deepening the impact of positive change;
• Assist to identify, determine and manage strategic engagement priorities that cross business line and / or geographic boundaries (e.g., resource allocation, capability leveraging strategies)
Minimum requirements
EXPERIENCE/KNOWLEDGE & SKILLS
• At least 3 - 5 years working experience in an internal /external audit /risk environment and 3 - 5 years are in the financial services.
• Advantage - at least 2 years’ experience in auditing digital framework
• Advantage - at least 2 years’ experience in System audits, vulnerability assessments and system verification.
• Advantage - at least 2 years' experience in SQL, Python, and data visualization tools
• Advantage - at least 2 years' experience in working with large datasets and conducting statistical analysis Banking/Financial services experience
• Knowledge in enhancing digital financial system and process controls
• Excellent customer service skills and ability to engage with executive leadership
• Knowledge and experience in Risk and Compliance
• Knowledge of banking systems/applications
• Knowledge of banking regulations and digital security standards.
• Knowledge of Business & Administration Procedures
• Good understanding of banking operations and financial products.
• Experience with risk assessment methodologies and audit procedures.
• Ability to apply audit standards through practical application
• Experience of managing and leading a team
• Computer literacy essential (Word, Excel and PowerPoint)
• Data analytics skills
• Budgeting and planning skills
• Excellent Leadership skills
• Excellent interpersonal relationship skills
• Communication skills (verbally, writing)
• Must be in possession of a valid Code B Driver’s license
QUALIFICATIONS
• Bachelor’s degree in informatics, Information system auditing, Computer science or a related field. (studying towards these degrees)
Certifications
• Advantage: Certified information system auditor (CISA)