Description

Working at the World Bank Group (WBG) provides a unique opportunity for you to help our clients solve their greatest development challenges. The WBG is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending poverty in a livable planet. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

Join the Group Internal Audit (GIA) team, and you will have opportunities to take risks, challenge the status quo and shape the future by supporting the WBG mission for the greater good. We are looking for people who can think innovatively, are enthusiastic, and enjoy working in teams. If selected, you will be assigned to one of the below-mentioned pods.

About group Internal audit (GIA)

If you are looking for a career with impact, it is your time to match your passion with our mission: ASSURANCE, INSIGHT, ADVICE.

The mission of Group Internal Audit Vice Presidency (GIAVP) is to protect and enhance the value of the World Bank by providing independent, objective, and insightful risk-based assurance and advice. GIA provides an independent view on whether processes for managing and controlling risks to achieve the World Bank’s goals, and overall governance of these processes, are adequately designed and functioning effectively. GIA’s work is carried out in accordance with the Institute of Internal Auditors (IIA) International Professional Practice Framework. GIA reports to the President and is under the oversight of the Audit Committee. 

We encourage you to visit our website https://www.worldbank.org/en/about/unit/internal-audit-vice-presidency.GIA staff are highly skilled, combining risk management, governance, and internal control experience, knowledge of the Bank Group, and experience from external organizations. As essential partners to our clients, GIA staff bring technical expertise and business acumen in critical processes, a passion for learning, and a commitment to the Bank Group’s mission.

GIAVP is headed by the Vice President (VP) and Auditor General (AG), who is responsible for setting the mission and vision, building strong partnerships with Senior Management and the Audit Committee, and providing value-adding assurance and advisory services that meet the institution’s needs. The Director of Strategy and Operations is responsible for supporting the AG in the effective and efficient development and execution of GIA’s work program. 

GIA functions through six distinct pods:

(1) Office of the Vice-President and Auditor General; and, in the Delivery Team under the Office of the Director of Strategy and Operations: (2) Professional Practices and Innovation (PPI); (3) Development Operations; (4)-Corporate Processes and Finance; (5) Information Technology; and (6) Regional Team.  

RECRUITMENT

This Audit Specialist recruitment is for the Regional Team in the Brussels office. The regional team is split between HQ and Brussels and is responsible for delivering the country assurance and advisory program, including Ukraine Oversight. It provides assurance and advice to the WBG Country Offices and relevant HQ units by assessing governance, internal controls, and risk management of in-country processes. It also develops business, risk, and political economy analysis and targeted preventive knowledge services for management. The multi-disciplinary and cross-functional team delivers a highly quality and valuable work program to country office operations while collaborating and coordinating with GIA’s pods and WBG’s oversight units. The Team is headed by a Regional Manager based in Brussels.

Scope and responsibilities:

The Audit Specialist will contribute to (i) the planning, execution, reporting, and delivery of assurance and advisory engagements and business, risk, and knowledge products, (ii) risk assessment and work program development, and (iii) key strategic initiatives within GIA. Audit Specialists typically work in teams supporting the Auditor in Charge on engagements. Assignments include:

· Undertaking a regular comprehensive risk assessment of the WBG’s country offices around the seven regions and supporting dynamic risk assessment and work program development.

· Performing audit planning and fieldwork and delivering high-quality assurance and advisory reports that meet GIA’s professional practice and quality standards, including:

o  Identifying and documenting risks and key internal controls (automated and manual).

o  Conducting and documenting process walkthroughs.

o  Developing, executing, and documenting audit plans and procedures.

o  Coordinating and conducting client interviews with project teams.

o  Summarizing and communicating results.

o  Supporting the follow-up process to monitor whether management actions have been effectively implemented or whether senior management has accepted the risk of not acting. 

o  Developing and performing data analytics.

o  Preparing business, economic, and political economy analysis knowledge papers and case studies from past engagements pertinent to GIA engagements and targeted preventive services.

· Supporting GIA in building strong relationships across WBG regional offices and country offices and with corporate units in HQ relevant to the work of the Regional Team.

· Collaborating with other internal risk management and oversight units to identify areas of coordinated assurance.

· Supporting GIA Management in developing and maintaining constructive partnerships with assurance functions of other development institutions, humanitarian and aid organizations, donors, and civil society organizations as relevant.

· Capturing critical business knowledge relevant to audits, sharing the knowledge with all staff, and building a robust knowledge base of the organization’s public sector activities within GIA.

· Sharing GIA’s internal audit practices and knowledge with World Bank staff working in other risk management, oversight units, and development partners.

· Proposing and delivering knowledge-sharing and learning sessions for GIA staff.

· Ensuring the integration of application auditing and usage of data analytics where possible and relevant.

· Leading and participating in initiatives as assigned by the supervisor/manager/director.

Selection Criteria

· Master’s degree and relevant professional credentials (e.g., Certified Internal Auditor; Certified Information Systems Auditor; Certified Risk Manager; Chartered Financial Analyst; Certified Forensic Accountant; Certified Public Accountant, etc.). Non-holders would be required to obtain, at a minimum, with GIA’s support, the Certified Internal Auditor Practitioner accreditation within two years of assuming the role.

· A minimum of 5 years of relevant experience or an equivalent combination of education and experience in one or more areas relating to risk management, internal controls, compliance, governance and/or talent management, preferably in Big 4 firms, financial institutions, international organizations, large non-profit organizations, or multilateral companies, or similar environment. A background in the private as well as the public sector would be an asset.

· Experience and knowledge of leading internal audit practices, including an in-depth understanding of risks and controls in the development sector environment. Institutional knowledge and experience working at the WBG, or similar multilateral institutions are a plus.

· Proven knowledge and experience of the WBG’s business, operations, policies, instruments, and systems are highly desirable.

· Strong track record of research and publications on audit, business, and program evaluations in thematic and sectoral areas and governance. Experience in analytical and quantitative skills for policy, economic, and financial analysis is a plus.

· Strong integrative capacities: i.e., ability to use audit, advisory, and business skills in developing preventive value-added knowledge reports to benefit country office management.

· Ability to manage numerous competing demands and priorities, respond quickly to management requests, and set priorities for self and others.

· Proven track record of executing audits with a high sense of accountability and quality.

· Excellent analytical, organizational, communications, and diplomatic skills. Oral and written communications (in English) with emphasis on precision and clarity. The ability to communicate in another language would be a plus.

· Proven communication skills in working with peers and management and diplomatic skills in engaging with development partners and donors of the Regional Team.

· Ability to build strong relationships, maximize partnering and stakeholder management, and work collaboratively with internal clients and teams.

· Maintaining a continuous improvement mindset, embracing agility, and being open to change.

· Proactive and innovative, with an open and collegial work style and an ability to listen and integrate ideas from diverse views, create partnerships, and collaborate with others.

· Ability to analyze data using leading technology (PowerBI, Azure, etc.). Mastery of MS Office Suite (Outlook, Word, Excel, PowerPoint, OneDrive, SharePoint, etc.).

Core Competencies

· Lead and Innovate – Fosters open discussions with broad audiences to set the vision and establish buy-in for innovation that can enhance WBG effectiveness. Inspires others to develop innovative solutions that have a development impact and advocates for change and the application of new methods to enhance results. Develops partnerships and relationships that enable the WBG to achieve results through innovation.

· Deliver Results for Clients – Creates opportunities that are aligned with the mission to increase impact and leads initiatives to take advantage of these opportunities. Proactively guides clients to see the possibilities in innovative approaches and solutions. Takes full accountability for managing risk and ensuring outcomes consistent with WBG strategy.

· Collaborate within Teams and Across Boundaries – Clearly articulates and models expectations of collaborative behavior, recognizes collaboration and contributions of others. Provides a safe environment for the exchange of ideas where people feel free to express dissenting opinions, handling conflicts as opportunities and problems to be solved. Prioritizes WBG corporate goals over individual or team goals when in conflict.

· Create, Apply and Share Knowledge – Leverages external knowledge and partnerships to strengthen solutions for internal and/or external clients. Is known across the World Bank and externally in their subject area and is routinely sought out by WBG colleagues to advise, peer review, or contribute to knowledge products of others. Encourages a learning culture by seeking out and being open to feedback, as well as effectively mentoring others, on how to improve contribution and impact through continuous learning and knowledge acquisition. Builds networks of experts and clients to share knowledge and experience for the purpose of strengthening internal and/or external client solutions as well as the World Bank’s role as convener and facilitator of knowledge.

· Make Smart Decisions – Makes timely decisions, which anticipate, evaluate, and plan for the impact across organizational boundaries and stakeholder groups. Demonstrates the confidence to make bold decisions quickly, balancing speed and thoroughness even in the face of ambiguous circumstances. Takes accountability for decisions that involve higher levels of risk and collaborates effectively with stakeholders to minimize the risks involved.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Note: If the selected candidate is a current World Bank Group Staff Member with a Regular or Open-Ended appointment, they will retain their Regular or Open-Ended appointment. If the selected candidate is a current World Bank Group Staff Member with a Term appointment that expires later than the end date of this appointment, they will retain the duration of their current Term appointment.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.