Analyst, Internal Auditor

Purpose of Job

The Analyst, Internal Auditor is responsible for contributing to IAD’s periodic risk-based audit plan and its timely delivery. This position focuses on audits primarily within the EBRD’s Corporate Services Group (including among other Treasury, Operations and Finance functions). The position may also provide some coverage of the Client Services Group (Banking and Donor funds) and coverage of related change programmes. Additionally, the Analyst, Internal Auditor will assist the IAD team in ad hoc responsibilities and tasks, including working with other team members (including guest auditors and co-sourced staff), business monitoring, issue follow up, consulting and investigative work, and departmental improvements, as assigned by the leadership team.

Background

The Board of Directors established the Internal Audit Department as part of its oversight role. IAD, as a third line of defence, and in accordance with the Institute of Internal Auditors’ International Professional Practices Framework and Code of Ethics, provides independent and objective assurance to Executive Management and the Board of Directors on the adequacy and effectiveness of internal controls, governance and risk management processes to mitigate the EBRD’s key risks. IAD aspires to be function of excellence, valued by stakeholders for insights and foresight, objective assurance and advice.

Facts / Scale

• The Analyst will be expected to complete between 3 to 5 audit assignments annually in addition to other audit activities or ad hoc assignments.
• In addition to interaction with other members of IAD as necessary, this role requires close interaction with stakeholders – generally, but not exclusively, up to Director level.
• The Analyst has no budget or line management responsibilities.
• They may be expected to supervise other team members, guest auditors and/or external consultants on an ad hoc basis in performing assigned tasks/projects as delegated by the IAD leadership team.

 Accountabilities & Responsibilities

• Identifying and assessing audit risk areas in their assigned portfolio of coverage.
• Contribute to the performance of specific audit engagements as directed, including assisting with fieldwork within the established timeframes and drafting audit reports.
• Develop open and constructive working relationships with stakeholders.
• Ensure timely and adequate validation of IAD issues in their assigned portfolio of coverage.
• Deliver assigned activities in a timely manner and to the required level of quality, in accordance with Institute of Internal Auditors’ standards, Code of Ethics and related guidance.
• Keep abreast of relevant industry and organisational developments to update risk assessments and inform audit coverage as required.

Knowledge, Skills, Experience & Qualifications

Academic/professional qualifications

• University degree or equivalent, preferably with a finance, business, law or maths.
• Relevant professional qualification, preferably relating to internal auditing or finance, such as CIA/PIA/ACCA/CPA/CFA/MBA or willingness to undertake related certification training. Applications from recently qualified candidates are welcome.

Experience (not all required)

• General understanding of investment banking processes and products, with the ability to identify relevant key risks in assigned areas.
• Understanding of Treasury, Operations and Finance related processes.

Technical and personal skills

• Demonstrable analytical and critical thinking skills.
• Capable of applying fundamental audit principles in conducting assigned tasks: identifying risks and controls, sampling, critically evaluating evidence, etc.
• Sound oral and written communication skills, with the ability to adapt messages to the target audience and communicate recommendations in a clear and effective manner.
• Team player, able to work effectively with others in a matrix environment.
• Efficient, persistent, self-managing and resilient in the delivery of objectives under pressure.

Source: https://jobs.ebrd.com/job/London-Analyst,-Internal-Auditor/1073048001/