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ITHALA DEVELOPMENT FINANCE CORPORATION
 
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TELLER: B4 
LONGMARKET: BRANCH 
ITHALA SOC LIMITED 
REFERENCE NUMBER: SM22072 
 
An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to assume the position of a Teller. 
In this position, the ideal candidate will be required to: 
 Handle cash and cheques. 
 Process various types of transactions. 
 Handle administration. 
 Market Ithala Products, matching the correct product to the needs of the client. 
 
The following entry requirements must be met in order to be considered for this position: 
 Grade 12 with Maths or Accounting. 
 A FAIS recognised qualification, not less than 120 credits. 
 First Level Regulatory Examinations. 
 Two years’ previous experience in a banking environment. 
 Numeracy and excellent selling skills. 
 Computer Literacy with particular focus on the banking system. 
 Outstanding interpersonal relations. 
 Honesty and integrity. 
 Problem solving abilities and meticulous work approach. 
 Knowledge of applicable legislation e.g. FAIS, FICA, NCA, PFMA. 
 FICA compliance is mandatory. 
 Understanding of Code of Banking Practice 
 
 
In this position you will be required to work a five and a half day week, with longer working hours during pay days. All Short listed applicants will be subjected to assessments, references and credit checks. 
 
ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 31 OCTOER 2022 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment1@ithala.co.za.  
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE: 
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. 
 ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. 
 IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL. 
 PERSONAL INFORMATION THAT IS COLLECTED IS PROCESSED LAWFULLY IN TERMS OF POPIA.
 
 
 
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INSURANCE CONSULTANT 
(12 MONTH RENEWABLE CONTRACT) 
DURBAN
REFERENCE NUMBER: SM22071 
ITHALA SOC LIMITED 
 
Ithala Insurance Division is recruiting for energetic and sales orientated individuals to join the insurance sales workforce. The successfully placed individuals will be required to travel reasonably within their allocated area. The responsibility of these resources will be to seek and maintain business in the life and investment segments across the broker agreements, not limited to the below: - 
 Develop relationships at all levels of society in order to achieve brand recognition in the market place. 
 Identify business potential and target market segments thus developing recommendations and actions to leverage these markets. 
 Use business and social situations for networking, in order to increase opportunities for new business acquisition. 
 Identify leads and opportunities from other business divisions ensuring maximisation of the existing client base.’ 
 Establish the needs of existing clients in order to identify additional products that will be of use to the clients 
 Introduce clients to other divisions to allow for opportunities across Ithala to meet clients’ needs as well as meeting the company sales targets. 
 Research various products available in the market in order to best meet the needs of the client. 
 Achieve the contracted sales targets in line with the stipulation of the employment contract. 
 Establish and maintain relationships with all clients, suppliers and other divisions within the organisation in order to maintain excellent service standards 
 Conduct previous research regarding various products available in the market to offer to client’s base solutions to their needs, and ensuring that legislative requirements are met. 
 Inform and educate clients about uninsured risk, options, restrictions, limitations, exclusions and underwriting criteria so there are no misunderstandings regarding cover and ex-gratia claims are prevented 
 Comply with Ithala’s policies and procedures and apply Ithala’s values in the day to day responsibilities. 
 Schedule time and activities effectively to maintain focus on goals to meet the objectives of the division. 
 Ensure that Section 20 BIS of the Insurance Act is applied and adhered to. This states that the payment must be received by insurers from the client before or on the renewal date of the policy in order for the client to be legally covered. 
 Investigate all non-payment and contact the client to establish the reason for non-payment and provide the opportunity for the client to make payment before taking any further action. 
 
The following minimum requirements must be met in order to be considered for this position: 
 Matric. 
 FAIS accredited qualification (120 credits). 
 Regulatory exam 5 will be advantageous 
 Relevant Tertiary Qualification in Sales, Marketing and Commerce would be advantageous. 
 Minimum of two (2) years insurance and investment sales experience. 
 Minimum of five (5) years sales/marketing experience. 
 Thorough knowledge of insurance products, policy wordings and execution of the sale of such products. 
 Fit and Proper status 
 Knowledge of applicable legislation e.g., FAIS, FICA, NCA, TCF, PFMA. 
 Ability to interact at all levels 
 Willingness to travel extensively and work after hours 
 Computer literacy in MS office and Insurance systems 
 Thorough understanding of Ithala’s policies and procedures. 
 Customer service 
 Maintain FAIS compliance 
 Understanding of Ithala’s code of conduct 
 Negotiation skills 
 Well-developed presentation and marketing skills. 
 Interpersonal skills. 
 Self-motivated and an innovative self-starter 
 Have good written and verbal communication skills 
 
 
EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT. 
 
CLOSING DATE: 31 OCTOBER 2022 
 
Salary: Basic R3 500 plus commission (Laptop, Office space and Facilities inclusive) 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT TO E-MAIL TO: HR_recruitment1@ithala.co.za
 
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE: 
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. 
 ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. 
 IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL. 
 PERSONAL INFORMATION THAT IS COLLECTED IS PROCESSED LAWFULLY IN TERMS OF POPIA






SENIOR ICT AUDITOR: D1 
INTERNAL AUDIT DIVISION 
ITHALA SOC LIMTED 
DURBAN HEAD OFFICE 
REFERENCE NUMBER: BN22070 
An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to assume the position of Senior ICT Auditor. 
 
The successful candidate will: 
 Plan, perform and report on IT audits in accordance with IIA and/or ISACA standards. 
 Plan and undertake IT Audits within the framework of the Group IT Audit Coverage Plan, ensuring accuracy of findings, and relevance of recommendations and adequacy of coverage of all audit aspects. 
 Perform IT Risk Assessments. 
 Prepare through to completion all assignment reports with recommendations to management. 
 Contribute to the continuous improvement of risk, governance and control. 
 Perform consulting activities and ad hoc assignments as they arise. 
 Supervise Junior Auditors. 
 Assist where required with Audit Committee Reporting. 
 Comply with divisional policies and procedures. 
 
The following entry requirements must be met in order to be considered for this position: 
 Bachelor’s degree or diploma in Information Technology, Computer Science and / or related field. 
 CISA certification required. 
 A minimum of 4 (four) years’ experience and proficiency in IT auditing. 
 Minimum 2 (two) years’ experience at a supervisory level. 
 Must have at least 2 years’ experience and proficiency in the following: 
 IT General Control Review 
 Information Security Reviews; 
 Application Control Reviews; 
 Change Control Reviews; 
 System Development and Project Assurance Reviews. 
 Experience in Data Analysis using ACL or equivalent tool. 
 Ability to communicate clearly and effectively, both orally and in writing. 
 Knowledge of standards, acts and regulations in the IT arena. 
 Technical understanding of technology platforms and IT processes. 
 Knowledge of COBIT, ISO17799, ITIL, IT Governance and other relevant frameworks. 
 General banking/financial services experience. 
 Understanding of the principles, practices, and techniques of internal Auditing, PFMA, Corporate Governance and other control codes. 
 
 
ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 28 OCTOBER 2022 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment3@ithala.co.za.
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE: 
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL
 PERSONAL INFORMATION THAT IS COLLECTED IS PROCESSED LAWFULLY IN TERMS OF POPIA.






ICT / AUDIT MANAGER: D4 
INTERNAL AUDIT DIVISION 
ITHALA SOC LIMITED 
REFERENCE NUMBER: BN22069 
An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to manage the implementation of the Audit Strategy, Audit Coverage Plan, Resources, Quality Assurance and relationships with various stakeholders within Ithala SOC Limited. 
 
In this position, the ideal candidate will be required to: 
 Develop, manage and implement Audit Coverage Plans. 
 Manage Strategic Risk Management Programme. 
 Develop an independent macro risk profile of Ithala for audit purposes. 
 Review audit work papers and reports. 
 Present audit reports to various business committees. 
 Manage implementation of Internal Audit Strategy. 
 Manage Internal Audit Administration. 
 Liaise with stakeholders (External and Internal). 
 Manage multiple projects and multiple teams, including Information Technology audit projects. 
 Provide expertise in the use of Computer Assisted Audit Techniques (CAATS) 
 Manage human resources and financial resources 
 Facilitate implementation of the combined assurance model. 
 
The following entry requirements must be met in order to be considered for this position: 
 Bachelor’s degree in Information Technology / Internal Auditing or Accounting and Finance, or a related field. 
 Certification as a CIA, CPA, CMA or CISA, would serve as an advantage. 
 Six (6) years’ experience in performing audits in one or more of the following fields: Financial / Operational/ Auditing, external auditing, and Information Systems Auditing. 
 Three (3) years’ practical experience in managing and directing multiple audit assignments and managing staff. 
 Knowledge and understanding of various laws and regulations, especial Regulation relating to Banks. 
 Knowledge of commercial banking and insurance businesses. 
 Knowledge of PFMA, King IV, Banking Code of Conduct, NCA, FICA, CPA, etc. 
 Ability to maintain current knowledge of (a) developments related to business matters of interest to Internal Audit Activity, (b) new auditing techniques and practices. 
 Ability to communicate clearly and effectively both orally, and in writing. 
 Must be a flexible and proactive individual, with high level of integrity. 
 Be a firm, objective, independent and confident individual. 
 Must be willing and capable of working under pressure and extended hours. 
 Be willing to travel at a minimal across KwaZulu-Natal. 
 Must be able to work independently and in a team. 
 Ability to work with multiple projects, multi task and project management skills 
 
 
All Short listed applicants will be subjected to assessments, references and credit checks 
 
ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 28 OCTOBER 2022 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV; CERTIFIED COPIES OF QUALIFICATIONS AND ID DOCUMENT BY E-MAIL TO HR_recruitment3@ithala.co.za.
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE: 
 LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
 E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
 CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL
 PERSONAL INFORMATION THAT IS COLLECTED IS PROCESSED LAWFULLY IN TERMS OF POPIA.