DEVELOPMENT BANK OF SOUTHERN AFRICA (DBSA) VACANCIES

DEVELOPMENT BANK OF SOUTHERN AFRICA (DBSA)

SENIOR FUND SPECIALIST (IFISA)

Details

Closing Date

2026/11/23

Reference Number

DBS260922-1

Job Title

Senior Fund Specialist (IFISA)

Job Grade

17

Job Type Classification

Contract

Location - Town / City

Midrand

Location - Province

Gauteng

Location - Country

South Africa

Job Profile (Downloadable)

Senior Fund Specialist_IF Job Profile Aug 26.docx.pdf (310.52 kb) - 9/22/2026 4:08:17 PM

Job Description

The Mandate of IFISA has been captured in a Memorandum of Agreement (MoA) amongst the National Treasury, the
DBSA and Government Technical Advisory Centre entered into on 02 January 2026. The MoA has been informed by an in independent business case. The Senior: Fund Specialist (IFISA) is responsible for supporting the execution of the asset management and treasury functions, which include monitoring and evaluation physical asset management, monitoring and evaluation of financing instruments, facilitating the mobilisation and crowding-in of capital through the structuring, distribution, and syndication of financial instruments in both primary and secondary capital markets.

Key Responsibilities

Strategic Outputs
Support IFISA’s strategic intent and progressively contribute a robust portfolio of projects, leading to improved funding and implementation opportunities.
Support the monitoring and evaluation activities of physical infrastructure assets and financing instruments.
Implement the M&E strategy/process/system that will ensure tracking of the implementation of projects .This would include amongst others the tracking of all projects/programmes inputs, outputs and impact results.
Develop infrastructure investment model, strategies, tools, and products focused on core, stable cash-flow generating infrastructure assets.
Monitor and provide recommendations to maintain and improve the financial sustainability, stability, and operational effectiveness of the Infrastructure Fund.
Manage treasury operations including payments, liquidity, and cash management for the Infrastructure Fund.

Investment and Portfolio Management
Develop and implement and efficient data collection processes and systems.
Implement, monitor, and evaluate infrastructure projects and associated assets to ensure effective execution and performance tracking.
Undertake data analysis and reporting for all relevant purposes
Manage the implementation and ongoing management of asset portfolios in line with IFISA’s strategic mandate.
Support governance oversight for financing instruments and physical infrastructure assets executed through IFISA.
Prepare investment memoranda and summaries including analysis of returns, investment case development, and sensitivity/scenario analysis.
Perform asset valuation in line with market-standard valuation frameworks and guidelines.
Develop and utilise financial models, including capital market instrument tranching and scenario modelling.
Conduct post-execution monitoring of investments, including quarterly portfolio performance reporting.
Review and negotiate legal financing documents with working knowledge of inter-creditor arrangements.
Ensure compliance with relevant legislative frameworks including Capital Market Listing Rules, MFMA, PFMA,Companies Act, and King V.
Manage the monitoring of the projects' implementation to ensure compliance with facility agreements and contractual obligations by conducting technical reviews and risk assessments to identify and mitigate potential project execution issues.
Engage project sponsors, advisors, and stakeholders to ensure project implementation aligns with transaction documentation execution plans.
Prepare and submit project approval reports in line with internal governance and business plan eligibility criteria.
Develop and implement procurement plans for projects and provide procurement support to project owners as required.
Support the management of a portfolio of investment instruments, including but not limited to debt, equities, bonds, debentures, preference shares, and subordinated instruments.
Oversee the management of IFISA’s assets and liabilities to ensure adequate capital and liquidity for business operations.
Prepare and present reports, memoranda, and strategic documents for executive committees, boards, and key stakeholders.

Treasury, Liquidity and Fund Operations
Manage the design, implementation, and monitoring of blended financing mechanisms for identified infrastructure projects.
Maintain and build relationships with intermediaries, including rating agencies, global asset managers, and coinvestors.
Manage accounting reporting, budgeting processes, and financial systems such as SAP.
Drive the development and execution of the IFISA’s asset management strategy.
Advance research and enhance the identification of refinancing and capital mobilisation opportunities.
Manage liquidity, capital structure, and balance sheet health of the Infrastructure Fund.
Oversee funding operations, debt issuance processes, and related financial reporting.

Stakeholder Relations and Engagement
Build and maintain strong relationships with clients and project operators
Network and maintain relationships with key internal and external stakeholders to enhance the mandate of the IFISA.

Key Measurements of Outputs
Effective monitoring, evaluation and portfolio management in line with M&E Risk Framework.
Adequate controls and implementation of the accounting and treasury function.
Adequate project data collection and reporting.
Value of infrastructure catalysed.
Value of private & public sector partnerships and funding.
Crowding in of capital.
Effective liquidity and investment management.
Issuance of capital market instruments
Clean Audit.

Expertise & Technical Competencies

Minimum Requirements

·       A Bachelors Degree in Accounting/Finance/Engineering/Mathematic/ Statistics/Business Science/Actuarial or equivalent.

·       A Post Graduate Qualification.

·       A minimum of 8 years’ experience including in portfolio management of project finance/listed and/or unlisted capital market instruments.

·       Proven track record in managing finance, investments or assets on a portfolio basis.

·       Demonstrated excellence in the field of finance and structuring of financing instruments.

·       In-depth understanding and knowledge of finance and accounting, asset management, risk management and portfolio strategy knowledge and skills including understanding of systems such as SAP.

Desirable Requirements

·       A postgraduate qualification CA(SA), CFA, MBA Engineer, Actuary.

TECHNICAL COMPETENCIES

Detail Orientation:

·       Reviews all relevant information or aspects of a situation before taking action or making a decision.

·       Pays close attention to details that are important to others to make sure they are right.

·       Verifies that work has been completed according to the standards and procedures.

Planning and Organising:

·       Uses time management procedures effectively.

·       Can exercise independent judgement regarding all planning and organising issues.

·       Uses specialised software to plan and manage own time.

·       Plans and manages multiple priorities and deadlines.

Adaptability:

·       Is able to operate in a rapidly changing and increasingly unpredictable environment.

·       Gives thought to scenarios impacting the world of work and the world of business.

Written Communication:

·       Is relied on by others to help them write complex technical and non-technical documents and briefs in clear concise language.

·       Is able to determine which aspects of this knowledge area need to be transferred to others in order to achieve organisational goals.

·       Coaches’ others and transfers communication skills and knowledge to others.

Asset Management:

·       Exceptional understanding of monitoring and evaluation, finance, structuring and innovation.

·       Ability to function under pressure within a “start-up” environment handling multiple priorities.

·       Accuracy and high attention to detail.

Commercial Business Acumen:

·       A good understanding of business and commercial drivers impacting operations.

·       An understanding of general commercial strategy and the role of departmental strategy in the broader context of organisational objectives.

·       Is comfortable with commercial discussions notwithstanding the absence of a readily identifiable legal component.

·       Has the ability to structure or provide advice on legal instruments (e.g., contracts), based on strategic requirements.

Legal and Regulatory Policy Knowledge:

·       Knowledge of applicable legislation and the legal policies and procedures pertaining to relevant laws.

·       Knowledge of topics such as procurement laws, claims, financing agreements, financial laws, etc.

·       Knowledge and ability to enforce conditions and provisions of contracts, grants, agreements and leases.

·       Ability to understand legal rights and responsibilities and the possession of authority to make legal decisions.

·       Protects the organisation’s legal rights, utilizing a broad knowledge base of all major legal disciplines.

Presentation Skills:

·       Knows how to deliver arguments persuasively by employing a range of advanced presentation techniques (e.g., the appropriate use of body language, how to close a presentation so that the audience continues to think about the subject matter etc.).

Has knowledge of various feedback mechanisms to check levels of audience understanding.

Procurement Services:

·       Articulates and prepares required documents and related elements of the procurement request including terms and conditions for the sourcing, selection and award process.

·       Receives, safeguards, opens, records, tracks, assesses compliance with terms.

·       Develops relationships by effective resolution of complaints and concerns.

·       Prepares effective correspondence, questions and reports, statements of circumstance and briefing notes.

·       Risk Identification & Assessments:

·       Diagnoses significant and emerging risks to which the business is exposed.

·       Advises on applicable aspects of legal risk identification and assessment.

Solution Focused:

·       Identifies complex problems based on a broad range of factors, many of which are ambiguous or difficult to define.

·       While remaining guided by organisational values, identifies optimal solutions, thinking first in terms of possible approaches and flexibilities in the system vs. blind adherence to rules or procedures.

·       Evaluates the effectiveness and efficiency of solutions after they have been implemented and identifies needed changes.

Knowledge of Contracts:

·       Identify contractual issues related to monitoring and evaluation.

·       Has an in-depth knowledge of the legal framework and appropriate regulation. Ability to apply this to develop appropriate contractual terms, conditions and documentation.

·       Identifies and resolves risk and liability.

Negotiation Skills:

·       Has an appreciation of cultural sensitivities and differences.

·       Effectively employs a variety of advanced behavioural/interpersonal competencies to control the negotiation situation.

·       Is able to take the lead in a variety of sensitive negotiation situations requiring high levels of tact and diplomacy.

·       Is able to place a discrete negotiation situation within the context of a broader long-term relationship and is not threatened by conceding ground to protect the longer-term interests of IF.

Financial Acumen:

·       Makes sound financial decisions after having analysed their impacts on the organisation, partner agencies, and community.

·       Effectively prepares budgetary submissions and forecasts for own department.

·       Knows the internal and external factors that impact on resource and asset availability.

·       Is able to interpret management account reports in an operational/commercial context and take action as appropriate to maximize revenues and control costs.

Reporting & Communication:

·       Designs, reviews and improves reporting processes and provides guidance.

·       Leads production of complex environment reports, takes an editorial role, determines content and level of detail, and ensures consistent messaging and branding.

·       Is relied on by others to help them write complex technical and non-technical documents and briefs.

·       Is able to determine which aspects of this knowledge area need to be transferred to others in order to achieve organisational goals.

·       Coaches others and transfers communication skills and knowledge to others.

·       Able to communicate complex problems or concepts, by making them simple and understandable for others.

·       Adapts language to the level of the audience in order to ensure that the message has a positive impact and is interesting to the audience.

·       Is articulate, demonstrates a wide range of vocabulary, and is confident when talking to large/high level audiences.

Required Personal Attributes

BEHAVIOURAL COMPETENCIES

Customer Service Orientation:

·       Tries to understand the underlying needs of sponsors and matches these needs within the project risk framework

·       Utilises the feedback received by sponsors, in order to manage new and/or improve existing services / products that relate to their on-going needs.

·       Thinks of new ways to align DBSA’s offerings with future customer needs.

Self-awareness and Self Control:

·       Withholds effects of strong emotions in difficult situations.

·       Keeps functioning or responds constructively despite stress.

·       May apply special techniques or plan ahead of time to manage emotions or stress

·       Discipline and Rigor to ensure highest standards of governance are maintained

Teamwork and cooperation:

·       Promotes a friendly climate and good morale, and resolves conflicts

·       Creates opportunities for cross-functional working.

·       Encourages others to network outside of their own team/department and learn from their experience.

Strategic and Innovative Thinking:

·       Experiments with new approaches, tests scenarios, questions assumptions and challenges conventional thinking.

·       Creates new concepts that are not obvious to others, leveraging internal and external sources of information, to build incremental revenue and growth opportunities.

Decisiveness:

·       Makes timely decisions about complex issues even when some information is missing

·       Makes decisions and stands by them even when they are controversial or unpopular

·       Grasps critical business opportunities when they arise by making timely decisions

Driving delivery of results:

·       Identifies and implements a business opportunity that will have a long-term impact on the business

·       Monitors progress and adapts plans if necessary to ensure optimal benefit to the programme

·       Makes decisions, sets priorities, or chooses goals on the basis of inputs and outputs and makes explicit considerations of potential profit, return on investment, or cost-benefit analysis.

·       Based on cost-benefit analysis, makes decisions of entrepreneurial risk nature

Goal Oriented and Solution Driven:

·       Has an understanding of how immediate tasks contributed towards broader goals and structures activities accordingly.

·       Focuses on solutions and goes beyond merely recognising a problem.

Systems Thinking:

·       Views legal matters as an integral part of broader operations and avoids addressing matters in isolation.

·       Is able to recognise patterns and interconnectivity between various matters which are seemingly disconnected.

Decisiveness:

·       Acts promptly to address urgent needs, quickly taking those decisions which need to be taken.

·       Assesses available information to reach a clear view of key options and select the best option at the time.

·       Thinks on their feet when necessary.

·       Changes his/her perception, ideas or alters normal procedures to fit a specific situation to get a job done and/or meet company goals.

Impact and Influence:

·       Includes careful preparation of data for presentation.

·       Makes two or more different arguments or points in a presentation or a discussion.

Achievement Orientation:

·       Focuses on new or more effective ways of improving own work and meeting targets.

·       Focuses on raising quality, customer satisfaction and revenues.

·       Makes specific changes to systems and processes in order to improve efficiency and quality.

·       Formulates own objectives and action plans in order to achieve a measurable improvement in the future.

Policy

The Development Bank of Southern Africa will endeavour to make appointments in line with its Employment Equity Policy and Plan. Applications from suitably qualified designated groups, especially people with disabilities, are encouraged.

The DBSA corporate culture fit requires clear, logical and analytical thinking grounded in good interpersonal skills, a sense of urgency and results orientated execution of duties. The ability to work collaboratively and finding practical yet innovative solutions is critical to success in a work environment that demands emotional resilience, accountability and responsible risk taking and management.

The DBSA reserves the right to amend or remove vacancies in line with organisational requirements.

All vacancies can be viewed on the DBSA website (www.dbsa.org) under Careers.

CLICK TO APPLY

QUALITY ASSURANCE AUDITOR

Details

Closing Date

2026/11/19

Reference Number

DBS261103-1

Job Title

Quality Assurance Auditor

Job Grade

00

Job Type Classification

Permanent

Location - Town / City

Midrand

Location - Province

Gauteng

Location - Country

South Africa

Job Profile (Downloadable)

Quality Assurance Auditor_Job Profile October 2026 Final 002.pdf (380.41 kb) - 11/3/2026 10:31:38 AM

Job Description

The Quality Assurance Auditor is responsible for assessing, enhancing, and ensuring the quality and consistency of Internal Audit activities in accordance with the Institute of Internal Auditors (IIA) Standards, the International Professional Practices Framework (IPPF), and the Bank’s Internal Audit Methodology. The role drives continuous improvement, embeds leading practices, and supports the audit function in maintaining high levels of professionalism, governance, and conformance.

Key Responsibilities

Internal Audit Quality Assurance Reviews

• Execute the annual Quality Assurance and Improvement Programme (QAIP) plan, covering ongoing monitoring, periodic internal assessments, and external QA readiness.
• Plan, execute, and report on Quality Assurance Reviews (QARs) to assess conformance with Institute of Internal Auditors (IIA) Standards and the Bank’s Internal Audit Methodology.
• Identify audit process gaps and areas for improvement, recommending enhancements to strengthen audit quality and consistency.
• Ensure QARs are conducted objectively and documented in accordance with professional standards.
• Coordinate and support readiness for external Quality Assurance Reviews in line with IIA guidelines.
• Act as liaison between external reviewers and internal audit teams, consolidating evidence and documentation.
• Ensure timely and accurate responses to external quality assurance queries and recommendations.
• Apply technical expertise to assess complex audit engagements, offering insights that enhance audit delivery and innovation.
• Keep abreast of industry trends, emerging risks, and regulatory developments to uplift internal audit quality practices.
• Assess that QA reviews and audit engagements align with the organisation’s risk management framework.
• Identify systemic control weaknesses and emerging risks through QA insights and escalate them appropriately.

Methodology and Standards Compliance

• Monitor compliance with the IIA Standards, QAIP, International Professional Practices Framework (IPPF), and the Internal Audit Charter across all audit engagements.
• Maintain, update, and enhance audit methodology, templates, guidance documents, and tools to align with global best practice.
• Provide professional guidance to audit teams on consistent and effective application of the methodology.
• Provide training and coaching to internal auditors on quality standards, methodology, and documentation requirements.
• Promote a culture of quality, excellence, and accountability within the internal audit function.
• Support onboarding and continuous development of audit staff through structured learning initiatives.
• Maintain a repository of quality review results, best practices, and methodology guidance.

Reporting and Monitoring

• Analyse audit results, performance metrics, recurring findings, and trends to inform quality improvement initiatives.
• Prepare and present QA reports to the Internal Audit teams and DBSA committees.
• Track and report on the implementation status of quality-related recommendations and improvement actions.
• Reporting and Governance
• Consolidate quality review findings and key management insights and contribute to the preparation of reports for governance bodies.
• Maintain comprehensive documentation of audit procedures, evidence, and conclusions in accordance with internal standards.
• Ensure timely and accurate submission of audit inputs required for quarterly reporting to the Social and Ethics Committee (SEC) and Audit and Risk Committee (ARC).
• Maintain accurate and up-to-date information within the audit management system, ensuring data integrity and
  alignment with governance standards.
• Monitor adherence to internal audit policies, procedures, and relevant regulatory requirements, and recommend improvements to strengthen governance and control processes.

Combined Assurance Coordination Support

• Support the coordination and alignment of assurance activities across the lines of defence.
• Ensure a move from Assurance Silos to Assurance Ecosystems.
• Rethinking Combined Assurance for Converging Risks.
• Validate the adequacy, consistency and quality of assurance provided by management, risk, compliance and other assurance providers.
• Provide support in maintaining the Combined Assurance map and identifying assurance gaps and overlaps.
• Support preparation of consolidated assurance reporting to EXCO and the Audit and Risk Committee.

Stakeholder Management

• Build and maintain effective relationships with management, business units, and key stakeholders to facilitate open communication and audit cooperation.
• Engage professionally with Risk Management, Legal Services, External Audit, Regulators, and other assurance providers.

Key Measurements of Outputs

• Number and quality of Quality Assurance Reviews (QARs) completed
• Level of conformance with IIA Standards and internal audit methodology across engagements
• Number of audit process improvements identified and implemented
• Accuracy and completeness of QA documentation and reporting
• Effectiveness of training and coaching provided to audit teams
• Frequency and quality of updates to audit methodology, templates, and tools
• Management of team performance, talent development, and succession planning using the performance management system

Expertise & Technical Competencies

Minimum Qualification

• A Bachelor’s Degree in Internal Audit, Accounting, or a related field.

Minimum Experience

• A minimum of 8 years’ experience in internal auditing or quality assurance within a financial services or regulatory environment.
• Demonstrate advanced knowledge of internal audit standards, quality assurance methodologies, and related audit tools.
• Extensive experience in embedding and reviewing against the International Professional Practices Framework (IPPF – IIA).
• Experience in conducting Quality Assurance Reviews (QARs) in line with IIA standards.
• Drive a hands on implementations of recommendations from QARs
• Proven ability to assess audit documentation for compliance, completeness, and conformance to methodology.
• Experience supporting auditor development and continuous quality enhancement.
• In-depth working knowledge of audit tools, report writing, and quality assurance templates.
• Understanding of risk management, governance, and control frameworks (e.g., Committee of Sponsoring Organisations of the Treadway Commission (COSO), BASEL III).
• Experience coordinating external QA reviews and liaising with professional bodies.

Desirable Requirements

• Certification in Internal Auditing or equivalent (e.g., CIA).
• A Postgraduate Degree in Internal Audit, Accounting, or a related field.
• Quality Assurance qualification.

TECHNICAL COMPETENCIES

Audit

• Understands internal audit standards and the needed procedures expected in conducting assignments.
• Contributes to the planning of specific audit assignments.
• Prepares medium-in-complexity audit reports to specified standards, including format, style and timelines with the need for minimal editorial changes.
• Provides advice and recommendations on the establishment of plans, training and/or manuals for ensuring compliance with regulations.
• Able to conduct audits in accordance with audit guidelines and departmental guidelines.

Detail Orientation

• Identifies multiple sources/approaches of information to ensure that details are addressed.
• Reviews the work of others for accuracy and thoroughness.
• Follows up to ensure tasks are completed and commitments met by others.

Solution Focus

• Identifies complex problems based on a broad range of factors, many of which are ambiguous or difficult to define.
• While remaining guided by organisational values, identifies optimal solutions, thinking first in terms of possible approaches and flexibilities in the system vs. blind adherence to rules or procedures.
• Evaluates the effectiveness and efficiency of solutions after they have been implemented and identifies needed changes.

Policies and Procedures

• Has a detailed understanding of relevant policies and procedures and interprets these according to operational circumstances to ensure compliance.
• Understands the business context sufficiently to recommend improvements and modifications to existing policy.
• Is able to write new procedures.

Reporting

• Designs / customises reports to meet user needs.
• Prepares complex or tailored reports, gathers information from a variety of sources, analyses and includes in a report.
• Keeps standard reports under review and proposes improvements to meet user needs.

Learning and Development

• Abreast of best practice in learning and development.
• Ability to lead training needs analysis and design of training/learning and development calendar.
• Ability to advocate the service value of learning and development in DBSA.
• Regularly shares expertise with team members to support continuous learning and improvement.
• Helps team members develop their skills and abilities.
• Works with employees and teams to define realistic yet challenging work goals.
• Advocates and commits to ongoing training and development to foster a learning culture.

*The KPA’s, competencies and relationships listed in this document, are not exhaustive, and the incumbent will be expected to undertake additional duties within their capacity to meet the needs of business and/or the business unit.

Required Personal Attributes

LEADERSHIP/BEHAVIOURAL COMPETENCIES

Analytical Thinking

• Analyses and interprets multiple complex causal links: several potential causes of events, several consequences of actions, or multiple-part chains of events in order to prioritise and develop a plan of action.

Attention to Detail

• Monitors the quality of others’ work.
• Checks to see that procedures are followed by others.
• Keeps clear, detailed records of own and/or others’ activities.

Integrity

• Takes pride in being trustworthy, serves all equally, respects others and embraces diversity.
• Is honest in all relations (internal/external relations).
• Is capable of challenging senior management (appropriately and respectfully) in order to act on espoused values.

Strategic and Innovative Thinking

• Experiments with new approaches, tests scenarios, questions assumptions and challenges conventional thinking.
• Creates new concepts that are not obvious to others, leveraging internal and external sources of information, to build incremental revenue and growth opportunities.

Driving Delivery of Results

• Sets challenging goals that will have a significant impact on the business or support the organisational strategy.
• Commits significant resources and/or time to ensure that challenging goals are achieved, while also taking action to mitigate risk.

Teamwork and Cooperation

• Openly praises others who have made contributions to the group’s efforts.
• Empowers others, making them feel valued, strong and important.
• Encourages others after a setback.

Developing Others

• Gives directions or demonstrations with reasons or rationale as a training strategy.
• Gives practical support or assistance to make the job easier for the other individual.
• Asks questions, gives tests, or uses other methods to verify that others have understood the explanation or directions.

Policy

The Development Bank of Southern Africa will endeavour to make appointments in line with its Employment Equity Policy and Plan. Applications from suitably qualified designated groups, especially people with disabilities, are encouraged.

The DBSA corporate culture fit requires clear, logical and analytical thinking grounded in good interpersonal skills, a sense of urgency and results orientated execution of duties. The ability to work collaboratively and finding practical yet innovative solutions is critical to success in a work environment that demands emotional resilience, accountability and responsible risk taking and management.

The DBSA reserves the right to amend or remove vacancies in line with organisational requirements.

All vacancies can be viewed on the DBSA website (www.dbsa.org) under Careers.

CLICK TO APPLY

INTERNAL AUDIT BUSINESS ANALYST

Details

Closing Date

2026/11/19

Reference Number

DBS261101-2

Job Title

Internal Audit Business Analyst

Job Grade

00

Job Type Classification

Permanent

Location - Town / City

Midrand

Location - Province

Gauteng

Location - Country

South Africa

Job Profile (Downloadable)

Internal Audit Business Analyst _Job Profile October 2026 Final 002.docx.pdf (319.45 kb) - 11/5/2026 2:44:28 PM

Job Description

The Internal Audit Business Analyst is responsible for enhancing the Internal Audit function’s digital capability by integrating data analytics, automation tools and continuous auditing methodologies into the audit lifecycles to strengthen the effectiveness, efficiency, and insight-generation capability of the Internal Audit function. The role leverages data analytics, monitoring tools, and digital audit solutions to support risk-based audit planning, issue tracking, and executive reporting, thereby enabling informed decision-making and enhanced governance oversight.

Key Responsibilities

KEY PERFORMANCE AREAS

Audit Analytics and Insight Generation

• Design, develop, and execute data analytics to identify risk patterns, anomalies, control weaknesses, and emerging risks in support of audit planning and execution.
• Support the Internal Audit team with pre-audit data analysis, continuous auditing, and the preparation of insights to guide risk-based reviews.
• Develop automated control testing routines and support real-time monitoring of key risk indicators.
• Leverage data-driven insights to enhance audit coverage, improve efficiency, and support risk-based decision-making across the organisation.
• Develop predictive audit indicators and risk dashboards for Executive and Audit & Risk Committee reporting.

Issue Tracking and Monitoring

• Manage and monitor audit issues and findings to ensure timely remediation and closure.
• Maintain an accurate and up-to-date issue tracking system aligned with audit recommendations, action plans, and defined timelines.
• Provide regular dashboards and reports on issue status, escalation trends, and key control deficiencies to management, governance forums, and audit committees.
• Prepare and present data-driven insights and reports to stakeholders, ensuring accuracy, clarity, and relevance.

Tools and Methodology Enhancement

• Conduct research and maintain business intelligence to support Internal Audit in adopting innovative, efficient, and value-adding solutions.
• Recommend enhancement and maintenance of Internal Audit tools, dashboards, templates, and methodologies.
• Support the integration of digital tools, automation solutions, and technology-enabled techniques to improve audit efficiency, transparency, and consistency.
• Contribute to the refinement of audit workflows, documentation standards, and quality assurance processes to strengthen the internal audit framework.
• Identify opportunities for improving productivity, service levels and audit cycle efficiency through technology, process redesign, and automation.
• Assess the risk, benefits and costs of implemented audit solutions and recommend improvements when required. 
• Evaluate solution performance against defined metrics and user adoption, communicating outcomes to Internal Audit leadership.
• Create forecasting, business analytics, and performance monitoring models to support Internal Audit operations.
• Identify process inefficiencies within Internal Audit and recommend enhancements to strengthen audit governance, documentation, and execution.
• Support the development of Internal Audit plans and demand strategies aligned with organisational priorities and strategic objectives.

Business Analysis and Optimisation

• Analyse internal audit business requirements and develop an in-depth understanding to support improvements to audit planning, execution, and reporting processes.
• Analyse existing Internal Audit processes and procedures to assess effectiveness, efficiency, and alignment with best practices.
• Conduct gap analyses between current and desired audit processes, tools, and methodologies to support optimisation.
• Engage Internal Audit stakeholders and process owners to identify business, functional, and technical requirements for audit-related systems and enhancements.
• Assess organisational readiness for proposed audit solutions, systems, or process improvements and recommend appropriate implementation strategies.
• Identify opportunities to automate audit testing and improve audit working paper efficiency through digital tools.
• Support preparation for External Quality Assessments (EQA) focusing on digital maturity.

Testing and Implementation Support

• Translate Internal Audit business requirements into test conditions and expected results for system development, enhancements, and User Acceptance Testing (UAT).
• Develop documentation covering user needs, business processes, audit applications, user interfaces, data requirements, and workflow requirements.
• Document acceptance criteria for system functionality and audit-related user requirements.
• Communicate system or process changes to Internal Audit stakeholders and support adoption.
• Monitor approved audit system/process changes through development to implementation.
• Facilitate user testing, sign-off, and “go-live” of Internal Audit digital tools and systems.
• Integrate audit management software and analytics platforms.

Digital Transformation Support

• Provide assurance input during system implementations.
• Participate in pre- and post-implementation reviews.
• Validate system control design and automation controls.

Combined Assurance Coordination Support

• Support the coordination and alignment of assurance activities across the lines of defence.
• Validate the adequacy, consistency and quality of assurance provided by management, risk, compliance and other assurance providers.
• Assist in maintaining the Combined Assurance map and identifying assurance gaps and overlaps.
• Support preparation of consolidated assurance reporting to EXCO and the Audit and Risk Committee.

Stakeholder Engagement

• Collaborate effectively with stakeholders to achieve common goals and support audit initiatives.
• Facilitate open communication, actively listen, and foster a cooperative environment for problem-solving.
• Share information and insights that support informed decision-making and continuous improvement.

Key Measurements of Outputs

1. Improved stakeholder satisfaction with internal audit analytical tools, insights, and support services.
2. Efficiency and effectiveness of audit processes enabled through analytics and digital solutions.
3. Successful adoption and integration of analytical solutions and dashboards within the audit division.
4. Accuracy, completeness, and usability of data models, forecasts, and analytical databases.
5. Volume and quality of audit analytics performed to enhance audit planning, scoping, and execution.
6. Reliability and integrity of the issue-tracking system and related audit reports.
7. Number and impact of enhancements made to audit tools, dashboards, and methodologies.
8. Accuracy, clarity, and timeliness of data-driven reports and dashboards delivered.
9. Clean Audit.

Expertise & Technical Competencies

QUALIFICATIONS AND EXPERIENCE

Minimum Qualifications

• A Bachelor’s Degree in Internal Audit or Accounting, Information Systems, Data Science/Governance, Computer Science or related field.

Minimum Experience

• A minimum of 8 years’ experience in a business analysis or audit analytics role within an internal audit or assurance function.
• Strong understanding and commitment to good corporate governance, legislation and regulations.
• Dynamic reporting ability to provide enhanced insights.
• Experience with issue tracking systems and analytics tools.
• Strong analytical and communication skills, with attention to detail and accuracy.
• Familiarity with internal audit frameworks (e.g., Institute of Internal Auditors (IIA) Standards) and governance processes.
• Experience working with data visualisation and reporting tools (e.g., Power BI, Excel).
• Knowledge of Public Finance Management Act (PFMA), internal control frameworks, and risk management principles.

Desirable Experience

• Understanding data modelling and database design fundamentals.
• Understanding Information Systems Fundamentals.
• Postgraduate qualification in Internal Audit, Accounting or Information Systems.
• Qualifications in Data Analytics.
• Qualified CIA and/or CISA.

TECHNICAL COMPETENCIES

Data Collection and Analysis

• Based on knowledge of the reasons behind the analysis, can define the most appropriate means of data collection.
• Is able to develop formats for data collection.
• Is able to define the most appropriate internal and external data/information sources.
• Identifies key facts in an array of data, recognises when pertinent facts are incorrect, missing, or require supplementation or verification.
• Breaks down data into parts to understand the nature and relationship of the parts.
• Has a broad knowledge of statistical datahandling techniques.
• Can undertake more comprehensive analysis of data/information, but is not required to conclude.

Audit

• Understands internal audit standards and the procedures expected in conducting assignments.
• Is able to contribute to the planning of specific audit assignments.
• Is able to prepare audit reports to specified standards, including format, style and timelines with the need for minimal editorial changes.
• Understands the need for monitoring of the results of audit assignments to enable the follow-up of significant issues within an appropriate timescale.

Reporting

• Prepares both standard and non-standard reports to time and quality standards.
• Collate and analyse readily available data for inclusion in a report.

Written Communication

• Technically experienced and fully competent writer: can write independently various technical and non-technical documents.
• Uses a clear and easily understood writing style when communicating technical information to non-technical employees or individuals.

Presentation Skills

• Understands how to present objectives in a compelling manner and maintain the interest of the audience.
• Knows how to deliver presentations appropriately (e.g. maintaining eye contact, the appropriate use of hand gestures, etc.) and at the correct pace.
• Knows how to clarify and confirm people’s feelings, concerns and needs.

Required Personal Attributes

BEHAVIOURAL COMPETENCIES

Analytical Thinking

• Breaks problems into simple lists of tasks or activities without assigning values.
• Makes a list of items with no particular order or set of priorities.

Attention to Detail

• Double-checks the accuracy of information or work.
• Ensures that the work produced doesn’t contain any errors.

Information Seeking and Analysis

• Asks direct questions to people who are directly involved in a situation/issue.
• Uses available information.

Teamwork and Cooperation

• Values and utilises the expertise of colleagues, asking for ideas and input and collaborates to form decisions and plans.
• Willingly learns from others.
• Creates opportunities for knowledge and expertise sharing between all members of the team.

Achievement Orientation

• Focuses on new or more effective ways of improving one's own work and meeting targets.
• Focuses on raising quality, customer satisfaction and revenues.
• Makes specific changes to systems and processes to improve efficiency and quality.
• Formulates own objectives and action plans in order to achieve a measurable improvement in the future.

Customer Service Orientation

• Makes self fully available, especially when the customer is going through a critical period.
• Requests ongoing feedback from customers and takes action in response to it; manages to retain and capitalise on existing customers.
• Takes the “extra step” to resolve customer issues appropriately, even in cases where they do not fall under their own area of responsibility.
• Is aware of the level of service offered by the competition and provides more for customers than they expect.

*The KPA’s, competencies and relationships listed in this document are not exhaustive, and the incumbent will be expected to undertake additional duties within their capacity to meet the needs of business and/or the business unit.

Policy

The Development Bank of Southern Africa will endeavour to make appointments in line with its Employment Equity Policy and Plan. Applications from suitably qualified designated groups, especially people with disabilities, are encouraged.

The DBSA corporate culture fit requires clear, logical and analytical thinking grounded in good interpersonal skills, a sense of urgency and results orientated execution of duties. The ability to work collaboratively and finding practical yet innovative solutions is critical to success in a work environment that demands emotional resilience, accountability and responsible risk taking and management.

The DBSA reserves the right to amend or remove vacancies in line with organisational requirements.

All vacancies can be viewed on the DBSA website (www.dbsa.org) under Careers.

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