About Nedbank

Nedbank Group is one of the largest financial services providers in Africa, headquartered in Sandton, South Africa. The group offers a wide range of wholesale and retail banking, as well as insurance, asset management, and wealth management services. Nedbank is known as the “green bank” for its commitment to sustainability. Nedbank’s history dates back to 1831 with the establishment of the Cape of Good Hope Savings Bank Society, the second-oldest financial institution in southern Africa.

Job Purpose

To support the delivery of independent, risk-based assurance across banking processes, technology, and regulatory compliance in accordance with IIA Standards and regulatory expectations (SARB/FSCA/FIC/POPIA/King IV).

When joining the Nedbank Group Internal Audit Graduate Programme, you will not only become part of a leading initiative that empowers you to design your own career journey through tailored experience aligned with your ambitions – you will also experience what it means to be a Next Gen Impact Maker in a complex banking environment.

Job Responsibilities

•    Assist with risk-based scoping, control design assessment, and test of controls.
•    Assist to coordinate and manage audit by monitoring timelines; milestones and deliverables to ensure appropriate contingencies are implemented so that audit can be performed as per agreed scope.
•    Execute walkthroughs, sampling, and data analytics; maintain high-quality workpapers.
•    Perform walkthroughs and design/operating effectiveness testing for key controls (manual, automated, IT application controls, ITGC).
•    Execute sample testing, data validation, and exception analysis; document workpapers to internal audit quality standards.
•    Identify control deficiencies, articulate findings, and agree remediation with management.
•    Support continuous auditing/monitoring and contribute to analytics scripts/dashboards.
•    Engage professionally with stakeholders and maintain strict confidentiality and ethics.
•    Draft clear, evidence-based findings with root cause analysis and practical remediation suggestions
•    Work in accordance with the IIA Standards and bank audit methodology.
•    Contribute to a culture conducive to the achievement of transformation goals by participating in GIA and Nedbank culture building initiatives.
•    Proactively drive and manage your own Learning and Development in line with prescribed IIA requirements.

Essential Qualification

•    Credit Graduate – Bachelor of Commerce: Internal Auditing/Accounting Sciences/ Finance
•    Environmental and Social Governance Graduate – Bachelor of Commerce: Internal Auditing/Accounting Sciences/Finance
•    Business and Commercial Banking Graduate – Bachelor of Commerce: Internal Auditing/Accounting Sciences
•    Markets Graduate – Bachelor of Commerce: Internal Auditing/Accounting Sciences/Finance or a BSC in financial engineering/Financial mathematics
•    Cyber Graduate – BSC/BCom in Information Technology or bachelor’s degree in cyber security and/or CompTIA Security+ (or equivalent foundational cyber security certification)

Exposure Requirements

•    Credit Graduate – Prior Banking Exposure
•    Environmental and Social Governance Graduate – Prior Banking Exposure
•    Business and Commercial Banking Graduate – Prior audit exposure in the financial services sector or audit firms
•    Markets Graduate – Prior exposure in a trading environment/Corporate & Investment Banking (CIB) /Markets
•    Cyber Graduate – Prior exposure as a service desk technician or exposure to networking fundamentals

Preferred Qualifications

All graduates:
•    Honours – Internal Auditing

Minimum Experience Level

   •       1-2 years

Technical / Professional Knowledge

•    Ethics and Fraud
•    Governance, Risk and Controls
•    Relevant banking regulatory knowledge
•    Auditing
•    Microsoft Office Product Suite
Cyber security graduate:
•    Cyber Security Fundamentals (Required)
•    IT & Infrastructure Concepts

Behavioural Competencies