Senior Audit Manager: Credit Risk

Requisition Details

REQ Details : 144482 Thembi Mtshali 

Location: Johannesburg 

Closing date: 17 March 2026

Job Family

Career Stream

Leadership Pipeline

Job Purpose

To provide strategic leadership and guidance to teams by providing independent assurance of the control environment to the Nedbank Group Audit Committee and ensuring effective risk management practices are implemented across Nedbank. In addition, manage stakeholder relationships to ensure credit risk is mitigated in accordance with Nedbank Group standards. The successful candidate will also, as part of the audits, be required to interact with the relevant divisional teams with Private and Personal Banking to inform the scope of the assignment to be embarked on, conduct field work and report to outcomes to the Board.

Job Responsibilities

•    Support the periodic assessments of the outcomes of internal audit work to appropriate governing bodies, including the Group Audit Committee and Board Risk Committees
•    Support the reporting on the overall effectiveness of the governance, risk management and internal control framework of the Group for credit risk
•    Comply with regulatory and corporate governance expectations of internal audit functions
•    Report on significant issues related to the processes for controlling credit risk management activities of the Group, including potential improvements to those processes
•    Maintain and report on whether the Credit Risk Audit function has enough professional audit staff with knowledge, skills, experience, and professional qualifications to meet the requirements of the audit plan
•    Accountable for the delivery and measurable performance of their respective portfolio, including assistance in the audit plan development and delivery
•    Apply judgement to provide an overall audit opinion on the system of internal financial controls of the Group
•    Provide insights based on the outcomes of internal audit work to the appropriate governing bodies
•    Develop and maintain relationships with business and key stakeholders to ensure robustness and completeness of audit coverage and contribute at an insight generator/trusted advisor to business to enhance assurance provided of the control environment
•    Contribute to the development of a 12-month rolling audit plan using a risk-based methodology, taking into consideration specific business strategic focus areas, regulatory requirements pertaining to internal audit, as well as including any risks or control concerns identified by management, the GAC and the Board
•    Have a robust process in place to follow-up and report on progress in implementing agreed actions to address issues identified by the Audit plan

Essential Qualifications

ESSENTIAL QUALIFICATIONS REQUIRED
•    Bachelor’s degree in commerce or sciences 

REFERRED QUALIFICATIONS REQUIRED
•    Honours degree or higher in commerce or sciences

Minimum Experience Level

•    6 – 8 years’ experience is providing assurance in financial services, specifically credit and risk management
•    2 – 4 years’ experience in a senior managerial position leading and managing diverse teams
•    Good understanding of internal auditing of credit and operational risks in retail banking environment 
•    A comprehensive understanding of relevant financial services, regulatory frameworks and compliance requirements as well as practical experience of these 
•    Ability to operate independently with minimal supervision and engage with senior stakeholders 

The following additional experience is preferred:
•    Extensive external audit and / or risk management experience in banking

Technical / Professional Knowledge

•    Accounting standards 
•    Credit risk management principles across the credit lifecycle 
•    Governance, risk and control frameworks and methodologies 
•    Principles of project management 
•    Relevant regulatory and legislative knowledge 
•    Risk management process 
•    Institute of Internal Auditors standards 
•    Code of Ethics 
•    Audit reporting
•    Audit standards and practices
•    Banking knowledge
•    Governance, Risk and Controls
•    Business writing skills

Behavioural Competencies