Job: Oversight, Audit & Compliance Senior Associate

Location: Washington 
Deadline: Friday, 13 September 2013 

Description

Job Description

Oversight, Audit & Compliance Senior Associate - 1300003271

Description

Oversight, Audit & Compliance Senior Associate

The Inter-American Development Bank (IDB) is the largest and leading regional source of financing for development in Latin America and the Caribbean. The IDB was established in 1959, and is owned by its 48 member countries, of which 26 are also borrowing countries. The IDB is headquartered in Washington, D. C. and has a Country Office in each of the 26 borrowing countries in Latin American and the Caribbean, as well as in Madrid and Tokyo.

The IDB is seeking to fill an Audit and Oversight Senior Associate position to work in the Office of the Executive Auditor in Washington D.C. The Office of the Executive Auditor reports to the President and to the Board of Directors, and serves as the principal advisory unit to the President of the Bank for providing periodic, independent, and objective assessments and audits of financial, accounting, operational, administrative, and other activities, including identifying possible means of improving the efficiency and economy of operations and the use of resources. The Office provides independent assessments to the Management of the Bank about the effectiveness of the activities being reviewed and provides suggestions for improvements, from the standpoint both of strengthening controls and increasing efficiency and cost effectiveness.

KEY ACCOUNTABILITIES

• Performs activities requiring internal audit knowledge and a general understanding of the Bank's business.
• Provides input to the Bank's risk assessment and to the individual audit risk reassessment, as required.
• Supports complex audits and consultations. As required by the Lead Auditor, carries out tasks that will serve to successfully complete the planning, field work and reporting of individual audit engagements.
• Under the supervision of a Principal or Lead Auditor, may lead audits or consultations of moderate complexity or scope.
• Performs follow-up tasks assigned by Lead Auditors to Management action plans.
• Participates in quality assurance reviews, as required.
• Identifies opportunities to improve audit tools and methodologies. Provides input on any recommendations for improving the audit process or any best practices or lessons learned during the audit.
• Works as a member of multidisciplinary team and coordinates work within and beyond the internal audit office. Provides guidance to more junior staff.

Qualifications

REQUIREMENTS

Education:

• Master's or equivalent degree, in Business Administration, Management Information Systems(MIS) or Accounting, with strong emphasis in auditing, or in a relevant field with the same emphasis such as Information Technology. CIA or CISA certification is REQUIRED.

Experience:

• minimum of three years of relevant professional experience in one or more of the following: internal auditing, public or managerial accounting, information technology, finance, or commercial banking.

Language:

• Proficiency in English and Spanish required. Knowledge of French and/or Portuguese desirable.

TECHNICAL COMPETENCIES

• General business and technology perspective and broad understanding of related processes and frameworks.
• Knowledge of International Standards for the Professional Practice of Internal Auditing.
• Solid foundation of auditing knowledge and tools.
• Ability to support and conduct audits in an efficient manner. Experience in identifying opportunities for process improvement and use of new methodologies and tools when conducting audits.
• Experience in preparing audit reports.
• Understanding of information technology and systems and business process risks.
• Knowledge of IT controls such as general computer controls, infrastructure controls and application controls.
• Understanding of project management tools and methodologies.
• Ability to build client relationships through collaboration and ability to provide expertise and value that extends beyond audits and assessment of internal control systems.
• Proficiency in the use of Microsoft Office and computer assisted audit tools as well as the use of ACL for data analytics is preferred.

CORE COMPETENCIES

- Client Focus and Management: takes initiative with a clear business purpose in mind, anticipating client and stakeholder needs, looking forward to add value beyond their requests and acting as an advisor, providing independent opinion on complex client problems and assisting with decision-making. Is motivated to produce quality products and works driving for results.

- Innovation and Creativity: creates new ideas and solutions to ongoing challenges adding value to services delivered, thinking about them with a new perspective, questioning conventional approaches, and making connections between previously unrelated ideas. Embraces change and encourages brainstorming.

- Communication and Knowledge Sharing: Clearly conveys information and ideas orally or in writing in a manner that engages the audience and helps them understand and retain the message. Promotes effective sharing of knowledge and information within and outside the organization, in particular with clients and strategic stakeholders, adapting the information to improve delivery of products or services and add value to the business.

- Collaboration and Influence: encourages teamwork and cooperates with others to achieve mutually beneficial results. Establish solid work relationships through trust and respect among fellow team members. Stimulates and values the participation and inclusion and disagreements; asks for help, when needed, of all team members; works together with others to resolve conflicts; places team goals over personal interest.

- Critical Thinking and Judgment: Makes critical decisions based on systematic analysis and solid reasoning by considering implications and consequences. Forms an opinion or makes a decision based on weighing the advantages or disadvantages of alternative approaches. In the absence of specific guidance, exercises sound judgment in new situations.

Competitive Salary

Excellent Benefits

Relocation Package (if applicable)

Diverse and Inclusive Work Environment

Closing date: September 13, 2013

The IDB is committed to diversity and inclusion and to providing equal opportunities in employment. We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, religion, and HIV/AIDs status. We encourage women, Afro-descendants and persons of indigenous origins to apply.

Primary Location

: HQ-US-Washington DC

Job Posting

: Sep 2, 2013, 10:00:00 AM

Closing Date

: Sep 13, 2013, 10:00:00 AM

Contact Name - External : Jobs Online

Contact Email - External : jobsonline@iadb.org

More Info and Application