Head: Group Internal Audit

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Purpose:

The Head: Group Internal Audit is responsible for providing strategic leadership, independent assurance, and advisory services to the Old Mutual Namibia Group. The role serves as the principal advisor to the Board Audit Committees and Executive Management on governance, risk management, and internal control matters and is accountable for maintaining an effective, independent, and risk-based Internal Audit function.

Minimum Requirements:

Citizenship

        •     Namibian citizenship

Qualifications:

• Bachelor's Degree in Internal Audit, Accounting, Finance, Commerce, Risk Management, or a related field (NQF Level 7).

• Professional certification such as Chartered Accountant (CA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certification in Risk Management Assurance (CRMA), or an equivalent internationally recognised qualification.

• A postgraduate qualification in Internal Audit, Accounting, Finance, Risk Management, Business Administration, or a related discipline will be advantageous.

Experience:

• 8 to 10 years' relevant experience in Internal Audit and/or External Audit within the financial services sector.

• At least 5 years' experience in a management role with responsibility for leading teams, managing stakeholders, and driving strategic initiatives.

• Experience engaging with Executive Committees, Board Audit Committees, Regulators, and other senior stakeholders.

• Detailed knowledge and understanding of the financial services industry, including Life and Short-Term Insurance, Lending, Asset Management, and Investments.

• Experience managing outsourced audit providers and specialist assurance service providers will be advantageous.

• Proven experience developing and executing risk-based audit plans, governance reviews, and assurance programmes.

Required Skills and Competencies:

• Strong strategic thinking, analytical, and problem-solving skills.

• Sound knowledge of governance, risk management, internal controls, and combined assurance frameworks.

• Strong leadership, influencing, and stakeholder management capabilities.

• Excellent relationship management and interpersonal skills.

• Ability to manage multiple priorities and deliver results in a complex environment.

• Strong business acumen and sound professional judgement.

• High levels of integrity, independence, accountability, and professionalism.

• Self-starter with a proactive and solution-oriented mindset.

• Excellent communication, report-writing, and presentation skills.

• Proficiency in data analytics and technology-enabled assurance practices.  

Job Description:

• Manage the Old Mutual Namibia Group Internal Audit function, ensuring it provides independent, objective assurance and advisory services across the group of companies. 

• Develop and ensure the execution of an annual risk-based internal audit plan aligned to the Old Mutual Namibia’s strategy, risk profile, regulatory obligations, and governance priorities. Ensuring that the level of audit intervention is commensurate with overall business risk profile and that key areas of risk are prioritized. 

• Engage with business Management to agree audit scopes and deliveries (risk assessment and control workshops, adequacy assessments).

• Provide assurance and independent opinion to Board Audit Committees and the Executive Management of the adequacy and effectiveness of internal controls and procedures, governance, risk management, compliance policies and frameworks.

• Challenge and influence the relevant Executive Management to improve the governance, risk and control culture.

• Identify significant control weaknesses, emerging risks, governance gaps, and process improvement opportunities, and recommend practical corrective actions.

• Ensure that relevant governance Audit Committees and Executive Management are informed of audit outcomings, monitor and report on Management’s progress in addressing audit findings and implementing agreed Management Actions.

• Ensure that the Group Internal Audit function’s activities comply with relevant external regulatory and internal audit standards and/or framework and/or codes, and any applicable internal methodologies, policies, procedures and standards. Ensure business Management understands Group Internal Audit expectations and apply Group Internal Audit protocols. 

• Coordinate with other assurance functions to avoid duplication, improve coverage, and manage and execute the Combined Assurance Framework. 

• Manage and report on the performance of a team and/or service providers; set appropriate performance objectives and hold individuals and/or service providers accountable for achieving objectives; take appropriate corrective action where necessary to ensure the achievement of the team and/or service provider objectives.

• Identify and communicate the actions required to implement the Group Internal Audit function's strategy and Business Plan.

• Provide informal training or coaching to others throughout the organization in area of expertise to enable others to improve performance and fulfil personal potential.

• Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and concerns and enabling others to take appropriate actions.

• Set and lead execution of the data and analytics reporting plan, creating strategies and templates to report data in a meaningful way. Create, present, and communicate highimpact data and analytics insights and recommendations to critical internal and external stakeholders.

• Promote a culture of integrity, accountability, strong governance, and continuous improvement across the organisation.

• Develop and/or deliver budget plans with guidance from senior Management.

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Skills

Accounting, Action Planning, Adaptive Thinking, Auditing Operations, Budget Management, Change Management, Data Analysis, Database Reporting, Data Compilation, Data Controls, Data Interpretations, Evaluating Information, Financial Acumen, Managerial Accounting, Report Review

Competencies

Builds Effective Teams

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

24 August 2026 , 23:59

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