Information Technology (IT) Audit Senior – Financial Services Sector

As a member of the Internal Audit team, the IT Audit Senior will get in contact with both IT and business people throughout the Sector to assess IT risks and controls and make recommendations for improvement.

JOB DESCRIPTION:

As a member of the Internal Audit team, the IT Audit Senior will get in contact with both IT and business people throughout the Sector to assess IT risks and controls and make recommendations for improvement. The incumbent will also provide advice to improve the existing practices of the company. The role includes the execution of projects from the audit plan, at times rotating between teams within the Internal Audit function. When required, the IT Audit Senior will support specific projects in other countries in which the Sector operates.

REPONSIBILITIES:

1. Develops a detailed understanding of the activity under audit, including IT risks and controls. Assess IT risks and internal control strengths and weaknesses.
2. Leads the planning and execution of IT Audits, consulting engagements and special investigations in accordance with the department’s internal audit methodology and International Standards on Internal Auditing as prescribed by the IIA.
3. Improves and maintains IT risk assessment process for all subsidiaries within the Financial Services Sector (Regional locations included)
4. Partners with key audit stakeholders to identify constructive and value-added solutions to address issues identified. Recommends IT and operational improvements which ensure that proper controls are exercised over all aspects of the business and that Company assets are conserved, protected and accurately reflected.
5. Regularly interacts and communicates with management to discuss and present audit results, gain acceptance and provide advice to remediate audit issues.
6. Prepares written audit reports and assists in the presentation of audit results. Strives to continuously improve communication to appropriate management levels to maximize the value of audit services;
7. Advises IT and business stakeholders on control best practices within their processes to reduce risks and improve efficiency.
8. Optimizes Internal Control Framework by aligning significant IT risks to control objectives and controls and ensures that controls are tested in the most efficient way
9. Monitors the implementation of action plans arising from IT audit assignments, i.e., follow ups
10. Optimizes External Audit reliance on IT related matters through proper planning and communicating with External Audit teams
11. Reviews and appraises the soundness, adequacy and application of IT, financial and other operational controls in accordance with the COBIT Standards to ensure effective control at reasonable costs. Ascertains the extent of compliance with established policies, procedures and business practices to ensure effective operations
12. Shares IT audit expertise and experience with the Internal Audit team and acts as a coach on specific projects whenever necessary.
13. Participates in special projects by conducting specific and technical review/investigation activities.
14. Supports any IT implementations or other changes taking place through the execution of pre and post conversion audit work including guiding Management and Internal Audit teams on data clean-up and process designs, and advising on readiness of Subsidiaries to go live on new/upgraded platforms.

EDUCATION AND EXPERIENCE:

• Professional certification (CISA, CISSP, CISM).
• University degree or other equivalent tertiary qualification (ACCA).
• 2 to 4 years relevant experience in IT auditing, or information security.
• Good knowledge of
  • Auditing and Data Analysis tools such as Power BI, Power Automate, Alteryx and Diligent (ACL)
  • Structured Query Language (SQL) or MS Access databases.
• Experience with Dynamics 365, T24 and NetSuite software auditing will be an asset.
• Experience in Cyber Security, Artificial Intelligence (AI) and Automation will be an asset