IDB2383 - Senior Internal Auditor (Operations)

The role is responsible for:

• Executing IsDB’s Operations audit plan to ascertain that operational results are consistent with the Management’s relevant plans and in compliance with relevant policies, procedures, and legal agreements.
• Identifying potential risks and existing control tools or proposes new ones to prevent or mitigate the risk impact on the business results.

Contributing to provide independent and objective assurance designed to add value and improve the IsDB’s operations relating to financed projects in the Member Countries, including identifying possible means of improving accountability, efficiency of operations and economy in the use of resources.

Delivering Operations Audit Activities

• Assists in the preparation of the yearly Operations Audit plan and collaborates with the audit team to plan and develop operations related audit activities.
• Implements the audit plan by examining and reconciling documentation, reports, statements, records, and memos to gather all the needed information to ensure IsDB departments and employees complies with internal regulations and established control protocol.
• Examines and evaluates processes and internal controls in IsDB’s Operations units in the headquarters (lending, trade financing, etc.) or the regional hubs to ascertain whether operational results are consistent with the Management’s relevant plans and check compliance with relevant policies, procedures, and legal agreements.
• Determines whether appropriate risk management processes are in place, adequate and effective, and recommend improvements.
• Reports to management on significant issues related to the processes for controlling the activities of the Bank, including potential improvements to those processes.
• Reviews the reliability, accuracy and integrity of significant financial and automated management information systems, ensuring that such systems employ essential controls which minimize the risk of unauthorized activity.
• Assists in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the relevant function and senior management.
• Provides advice and recommendation to IsDB Management (based on the findings of internal audits) and discusses impact of risk related areas.
• Develops and maintains effective and professional working relationships with all levels of staff within the organization, including Senior Management and Audit Committee of the Board.
• Assists in any special audit assignments or investigations mandated by the management.
• Provides technical guidance and reviews the work delivered by less experienced team members.
• Performs other duties as assigned by the Internal Audit Manager or Director.

Operational excellence

• Ensures the effective implementation and adherence to internal audit policies, procedures and quality assurance so that all relevant procedural / professional requirements are fulfilled.Keeps up to date on audit procedures and regulations by attending conferences, workshops, and continuing education seminars. 
• Proposes and implements process improvements to increase efficiency, effectiveness and compliance of the Internal Audit function.
• Promote collaboration and facilitate teamwork across teams and across organizational units.
• Maintain a high standard of professional integrity, treat individuals fairly and respectively and be sensitive to differences across culture and gender.

Academic qualifications

• Bachelor’s degree in Business Administration, Finance, Economics, Commerce or any related fields.

Professional certification

• Professional Chartered Accountant e.g., CA, ACCA or CPA
• Certified Internal Auditor CIA (Preferred)
• Other Professional Certification e.g., CRMA, CFE, PMP, etc. (Preferred)

Languages

• Ability to communicate and write effectively in English
  • English (Mandatory)
  • Arabic (Preferred)
  • French (Preferred)

Minimum number of years and nature of experience

• 7-9 years of relevant experience in internal audit / operations audit
• Internal auditing and risk management work in auditing a large international institution or external audit environments in a large international firm (Preferred).
• International exposure (Preferred).

IT skills

• Proficient in use of the Bank standard software: Excel, Word, Power point; MS projects, Access, Visio, adobe pdf, etc.
• Experience in data analytics and in use of computer Assisted Audit Tools like ACL, Teammate, etc. (Preferred).

Other competencies

• Strong ability to clearly communicate, write, present and defend audit findings and recommendations;
• Strong organizational and analytical skills, attention to details and ability to work independently and manage challenges;
• Ability to work with others to maximize the effectiveness of the team as a whole, sharing the knowledge and the workload. Develop strong working relationships with colleagues and contributes to creation of a positive team environment.
• Audit operations (management and delivery)
• Fraud and corruption detection and investigation
• Communication effectiveness (oral and written)
• People management
• Vendor Management
• Adaptability
• Responsiveness
• Analytical thinking
• Problem solving
• Attention to detail
• Teamwork