Summary
Overview
Work History
Education
Skills
Websites
Certification
Leadershiproles
Affiliations
Timeline
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Bonginkosi Sibusiso Mbuli

Midrand,GP

Summary

A highly motivated and skilled professional with extensive experience in internal auditing, financial services, payments, and fintech. With a strong academic background in auditing, banking, and business management, I am currently pursuing my Master’s in Business Administration (MBA) to enhance my leadership capabilities. My experience spans across various industries, including banking, insurance, and financial services, where I have specialized in auditing, payments, IT audit, and compliance. A passionate leader and advocate for internal auditing, I have served in leadership roles and contributed to the growth and development of the profession.

Overview

11
11
years of professional experience
1
1
Certification

Work History

Internal Auditor - Specialising in Payments, IT Audit, Alliance Banking, and Fintech

Grindrod Bank/African Bank Business
01.2022 - Current
  • Led audits focusing on payment systems, ensuring compliance with industry regulations and internal controls in electronic transactions
  • Conducted IT audits to assess the security, effectiveness, and efficiency of the bank's IT infrastructure and systems
  • Specialised in auditing and evaluating the bank’s Fintech and Alliance Banking operations, identifying risks and providing recommendations for improvements
  • Ensured the alignment of the bank’s payment systems with regulatory standards and best practices, contributing to the improvement of operational processes

Senior Internal Auditor

Bayport Financial Services
01.2020 - 01.2022
  • Led internal audit projects to assess financial and operational risk management
  • Coordinated audit teams to deliver timely audit reports and identified areas for process improvements
  • Delivered strategic insights to senior management, ensuring organizational objectives were met within compliance guidelines

Senior Internal Auditor

Genric Insurance
01.2019 - 12.2019
  • Managed audit functions within the company, performing risk assessments and internal control evaluations
  • Provided management with recommendations for mitigating risks and improving financial processes
  • Ensured regulatory compliance and industry best practices

Internal Auditor - Specialising in Global Markets, Corporate Investment Banking, Credit, Retail, Financial, and IT Audits

Standard Bank
01.2017 - 01.2018
  • Led audits across multiple departments, including Global Markets, Corporate Investment Banking, Credit, Retail Banking, and Financial Services
  • Conducted risk assessments and compliance audits for a range of banking functions, ensuring that policies and procedures were in place to mitigate risks
  • Led audits of IT systems, evaluating security measures and system controls to ensure the bank’s infrastructure remained secure and compliant
  • Provided actionable recommendations to improve operational effectiveness, risk management practices, and internal controls

Internal Audit Trainee

Ngubane and Co Audit Firm
01.2014 - 01.2016
  • Assisted senior auditors with internal audits, data analysis, and preparation of audit reports
  • Gained hands-on experience in auditing various clients across different industries
  • Contributed to evaluating financial and operational controls, helping clients meet regulatory requirements

Education

Master of Business Administration (MBA) -

Regeneys Business School
01.2025

Bachelor of Commerce (BCom) Honours - Internal Auditing

University of Pretoria
12.2016

Bachelor of Technology - Internal Auditing

Vaal University of Technology
12.2014

National Diploma - Internal Auditing

Vaal University of Technology
12.2013

N4 Business Management -

GS College
12.2010

Grade 12 -

Ithafa High School
12.2009

Skills

  • Internal Auditing
  • Risk Management
  • Financial Analysis
  • Reporting
  • Compliance
  • Regulatory Standards
  • Payments Systems
  • Fintech
  • IT Audit
  • Cybersecurity
  • Global Markets
  • Corporate Banking Audits
  • Retail Banking
  • Credit Audits
  • Leadership
  • Team Management
  • Strategic Planning
  • Problem Solving
  • Strong Communication
  • Presentation Skills
  • Microsoft Office Suite
  • SAP
  • Audit Software

Certification

  • National Certificate in Banking (NQF Level 5), Bankseta, 05/24
  • National Certificate in General Manager (NQF Level 5), BankSETA, 05/23
  • Foundation Certificate in Electronic Payments, Payment Association of South Africa (PASA), 05/24
  • Advanced Certificate in Electronic Payments, Payment Association of South Africa (PASA), 05/24
  • Diploma Internal Audit Technician (NQF Level 6), Institute of Internal Auditors, 05/18

Leadershiproles

  • National President, Internal Auditing Students Association, 05/11 - 05/14, Led the national student body, overseeing operations and representing student interests in the auditing profession., Organized seminars and workshops to educate and empower aspiring auditors.
  • Chairperson, BO Skills Development NPO, 05/10 - 05/11, Led a non-profit organization focused on skills development and training initiatives for underprivileged communities., Coordinated programs and partnered with stakeholders to deliver impactful training to improve employment opportunities.

Affiliations

  • Institute of Internal Auditors
  • Information Systems Audit and Controls Association
  • Payment Association of South Africa

Timeline

Internal Auditor - Specialising in Payments, IT Audit, Alliance Banking, and Fintech

Grindrod Bank/African Bank Business
01.2022 - Current

Senior Internal Auditor

Bayport Financial Services
01.2020 - 01.2022

Senior Internal Auditor

Genric Insurance
01.2019 - 12.2019

Internal Auditor - Specialising in Global Markets, Corporate Investment Banking, Credit, Retail, Financial, and IT Audits

Standard Bank
01.2017 - 01.2018

Internal Audit Trainee

Ngubane and Co Audit Firm
01.2014 - 01.2016

Bachelor of Commerce (BCom) Honours - Internal Auditing

University of Pretoria

Bachelor of Technology - Internal Auditing

Vaal University of Technology

National Diploma - Internal Auditing

Vaal University of Technology

N4 Business Management -

GS College

Grade 12 -

Ithafa High School

Master of Business Administration (MBA) -

Regeneys Business School
Bonginkosi Sibusiso Mbuli