Principal Internal Audit Officer The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond-infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
The Internal Audit Office (IAO) provides professional and objective assurance and advisory services designed to add value; improve AIIB's operations; and create, protect, and sustain value for the organization. IAO's mission is to enhance and protect organizational value by providing independent, risk-based, and objective assurance, advice, insight, and foresight. The IAO helps AIIB accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.Reporting to the Chief Internal Audit Officer, the Principal/Senior Internal Audit Officer will develops and maintains a comprehensive audit plan that aligns with AIIB's risk management framework. They will provide direction, guidance, and support to the audit team to ensure audit engagements are conducted effectively and efficiently. This role also involves managing resources, supervising audit engagements, leading engagement-related activities, and reporting to stakeholders. The selected candidate will add value by fostering a culture of learning and professionalism within IAO and by supervising, mentoring, and developing audit team members to cultivate a high-performing team.Responsibilities:
- Lead and manage the team of auditors and work with the Chief Internal Audit Officer to ensure a high-performing and highly professional audit team.
- Achieve with the team the vision of the IAO in areas including but not limited to team development, technical knowledge sharing, and stakeholder engagement.
- Build client relationships with key internal stakeholders in the Bank, developing an in-depth understanding of their strategic initiatives, operational activities, and associated risks.
- Provide direction and guidance for audit engagements, ensuring adherence to professional standards (the 2024 International Professional Practices Framework (IPPF), including Global Internal Audit Standards, Topical Requirements, and Global Guidance) as well as the Internal Audit Manual and in compliance with the IAO Terms of Reference.
- Manage multiple concurrent assignments, adapt quickly to changing environments and challenges, and proactively implement cutting-edge audit methodologies and technologies.
- Work with all levels of staff to oversee and facilitate the complete audit lifecycle, ensuring timely resolution and closure of all audit findings.
- Promote the use of advanced and emerging technology tools in audit engagements, such as data analytics, robotic process automation, and generative AI, to enhance the efficiency and effectiveness of audit processes.
- Add value to the organization by fostering a culture of risk awareness within AIIB.
Requirements:
- Minimum 15-20 years of relevant working experience at financial institutions, preferably in multilateral development banks (MDBs)
- Master's degree in accounting, finance, business administration, or a related field. A bachelor's degree combined with additional years of experience or other relevant certification/qualifications may be considered in lieu of a master's degree.
- Certified internal auditor and other relevant professional qualifications, such as CPA or CISA.
- Proven ability to lead, mentor, and develop a high-performing audit team, fostering a collaborative and professional work environment.
- Proven leadership skills, with the capacity to influence and engage diverse stakeholders, including senior management, to drive audit objectives and promote a culture of risk awareness.
- In-depth understanding of the MDB business model, operations, and functions, including but not limited to investment operations, finance, risk management, treasury, and/or capital markets processes and activities.
- Excellent leadership, interpersonal, and communication skills, with an ability to interact effectively with stakeholders across the organization.
- High personal integrity and emotional intelligence, with demonstrated ability to manage sensitive matters in a discreet and responsible manner.
- Strong report-writing skills.
- Fluent in oral and written English.
AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
- Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.
