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Director, Internal Audit

Posting Date: 07-Jan-2021

Location: London, GB

Company: EBRD

Requisition ID 19144
Office Country United Kingdom
Office City London
Division Internal Audit
Dept. / Bus. Group Internal Audit
Business Unit Internal Audit
Job Key 50081724
OTE/NOTE not eligible for overtime
Full-Time/Part-Time Full Time
PMF Band 08
Recruiter Fiona Blackborrow
Contract Type Regular
Contract Length
Posting End Date 28/01/2021 

 

 

Role Overview:

 

The Director leads the ongoing risk-assessment and execution of audit engagements to provide assurance to Executive Management and the Board of Directors on the adequacy and effectiveness of internal controls, governance and risk management in place to monitor, manage and mitigate the key risks to the EBRD. This involves significant engagement with senior stakeholders and the Audit Committee as well as supervision and leadership of staff. The role will also play an essential part in the transformation of the function.

 

 

Accountabilities & Responsibilities:

 

  • Lead the ongoing risk-assessment of assigned portfolio of businesses/support areas and developing a risk-based audit plan for approval by the Audit Committee. This involves the proactive and continuous engagement with stakeholders and the development of a systematic and rigorous business monitoring strategy to keep abreast of changing risk profiles and key change initiatives in assigned portfolio.
  • Provide oversight and leadership to the audit team to deliver the assigned audit plan to quality and time adhering to IA Audit methodology based on the IIA Standards, Code of Ethics and related guidance in the conduct of all assigned work; ensuring key risks and controls are identified and work papers meet the IIA standards; and audit reports are clear, concise and provide insights for Executive Management and the Audit Committee.
  • Provide holistic periodic opinions to Executive management and Audit Committee on the status of the control environment to mitigate key risks impacting the Bank: including banking operations, market, conduct, financial and the myriad of operational risks including IT security and resilience.
  • Develop open and constructive working relationships with key stakeholders (up to ExCom level) , and keep abreast of relevant industry and organisational developments to ensure the completeness of IAD’s audit universe and related risk assessment process, as well as to enhance the efficiency, effectiveness and corporate benefits of the audit process.
  • Be an influential partner to the Business providing insights on all matters of governance, risk and control.
  • Significantly contribute to the development of the IA strategy and transformation to ensure it adds value to the Bank; meets the evolving expectations of the Institute of Internal Auditors standards; and is benchmarked positively to the Financial Services Industry and peers.
  • Develop external networks with other IFIs and professional bodies.
  • Deputise for the Chief Internal Auditor as required during their absence.
  • Directly accountable for the engagement and effective overall management of staff including recruitment, performance management, coaching and development.
  • Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times

 

 

Knowledge, Skills, Experience & Qualifications

 

Academic/professional qualifications

  • Degree or equivalent experience, preferably with a finance, IT or business focus, or other relevant postgraduate degree and/or relevant professional qualification such as CIA/PIA, ACA, ACCA, CPA, CISA.

 

Experience

  • Significant relevant post qualification experience in an internal or external audit environment.
  • Broad and significant banking experience including treasury, corporate finance, compliance, risk management as well as finance and IT.
  • Managing and leading a multi-disciplinary team.

 

Technical and personal skills

  • Strong personal integrity, a commitment to highest ethical standards, and the ability to always strive for excellence and be accountable for the performance of assigned tasks.
  • Can identify and consider the Bank’s principles, policies, strategic objectives, initiatives, resource limitations, culture and politics in the ongoing risk assessment and audit engagements.
  • Demonstrated senior stakeholder engagement experience, including the ability to influence and be seen as a key advisor on matters of risk and control
  • Strong technical competence in the subject matter of the assigned work, as well as appropriate judgement in identifying and addressing issues and emerging risks.
  • Proven leadership skills, as well as the ability to act as a role model to Senior/Principal/Internal Auditors and inspire them to deliver high quality work in a timely manner.
  • The ability to balance diplomacy with assertiveness, as well as to identify and deal with particularly difficult or complex issues in a straightforward manner, recognising own limitations and knowing when to seek the advice or assistance from others.
  • Demonstrated efficiency and persistence, and ensure that agreed objectives and deadlines are achieved even when faced with problems, challenges and pressure.
  • Can independently anticipate reactions and/or objections to proposed recommendations and seek to identify feasible strategies to overcome them without compromising IAD’s mission and standards.
  • Demonstrated high level communication skills including ability to communicate in a clear, succinct and professional manner, in both written reports and oral/visual presentations, adapting the message/s to the target audience to ensure full understanding that communicate observations, findings and recommendations in a balanced and effective manner.

 

 

 

Diversity is one of the Bank’s core values which are at the heart of everything it does.  A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.  As an inclusive employer, we promote flexible working.


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