Auditor: Recoveries Risk Support

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Date: 29 Jan 2025

Location: Bellville, Western Cape, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what this job is about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below 

Purpose Statement

  • To plan, conduct, and report on audits on financial and operational practices of third parties, including external debt collectors (EDCs), debt buyers and payment distribution agents (PDAs).
  • To conduct due diligence checks on third parties as well as ad hoc compliance checks and investigations.

Experience

Minimum:

  • Minimum of 2 years’ experience in conducting internal audit and report writing

Ideal:

  • 2+ years’ experience in conducting internal audit and report writing
  • Experience in Data Analytics and Computer Assisted Audit Techniques (CAATs)
  • Experience conducting audits within a financial services company
  • Experience in auditing EDCs/attorneys and debt buyers

Qualifications (Minimum)

  • Bachelor's Degree in Accounting - Financial Accounting or Commerce

Qualifications (Ideal or Preferred)

  • Honours Degree in Accounting - Financial Accounting or Commerce

Knowledge

Minimum:

  • Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards and International Standards for the Professional Practice of Internal Auditing (ISPPIA).
  • Proficiency in accounting principles and techniques regarding working with financial reports
  • Business products, processes, policies and systems
  • Internal Auditing procedures and standards
  • Management principles to recognise and evaluate the materiality and significance of deviations from good business practice
  • The fundamentals of accounting, commercial law, taxation, finance, quantitative methods and information technology
     

Ideal:

  • Attorneys’ and debt collectors’ accounting practices (trust accounts etc)
  • Magistrate’s Courts Act and Rules, Legal Practice Act, Debt Collector’s Act, Legal Practice Council Rules, National Credit Act and regulations
  • The collections and/or outsourced recoveries environment
  • Investigating fraud and/or non-compliance with EDCs
  • Thorough knowledge of Capitec Recoveries, Bancs, Webhost etc.

Skills

  • Analytical Skills
  • Attention to Detail
  • Computer Literacy (MS Word, MS Excel, MS Outlook)
  • Decision making skills
  • Planning, organising and coordination skills

Conditions of Employment

  • Clear criminal and credit record

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.