Description
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. 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. Please 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-vicepresidency.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, 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) Professional Practices and Innovation (PPI) – leads initiatives that drive GIA productivity and implement GIA’s strategic plan such as work program development, digitalization & innovation, data analytics etc.
(2) Development Operations (DO) – provides assurance and advice for the WBG’s activities for delivering developmental results to clients including country engagements; fiduciary; integrity; and E&S; and public and private-sector financing.
(3) Corporate Processes and Finance (CP) – provides assurance and advice for the WBG’s finance and corporate process activities including treasury, financial accounting and reporting, administrative and capital expenditures, budgeting, human resources, legal, and other corporate functions.
(4) Information Technology (IT) – provides assurance and advice for the WBG’s IT systems and processes as well as Data Governance and Data Management practices including standalone IT infrastructure, enterprise systems and information security, data privacy and data management, etc.
(5) Country Assurance and Advisory Program and Ukraine Oversight (Regional Team) – provides assurance and advice by assessing governance, internal controls and risk management of in-country processes.
(6) Office of the Vice President (OVP) – provides dedicated support to the VP/AG by acting as the strategic hub for GIA in areas of communications, branding, reporting, external partnerships, and implementation of strategic initiatives.
Pods 1-5 are led by Managers who report to the Director and are responsible for the development and delivery of the GIA work program by leading staff. POD 6 is led by the Special Assistant to the Vice President and Auditor General.
RECRUITMENT:
GIA anticipates hiring multiple Audit Specialist staff positions under this recruitment in Development Operations (DO), Corporate Processes and Finance (CP), and/or Country Assurance and Advisory Program and Ukraine Oversight (Regional Team). Screening questions (in the application process) will
allow a candidate to indicate a preferred Pod. GIA will make a successful candidate’s final Pod assignment in consultation with the candidate and GIA’s work program needs.
SCOPE AND RESPONSIBLITIES:
This Audit Specialist will contribute to (i) the planning, execution, reporting and delivery of assurance and advisory engagements, (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 World Bank institutions 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:
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
o Summarizing and communicating results
o Developing and performing data analytics
• Ensuring the integration of application auditing and usage of data analytics where possible and relevant.
• Supporting the follow-up process to monitor that management actions have been effectively implemented or that senior management has accepted the risk of not acting.
• Coaching and mentoring staff.
• Supporting GIA Management in building strong relationships across WBG institutions. 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; and
• 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 2 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.
• An understanding 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; and a background in the private as well as the
public sector would be an asset.
• An understanding of World Bank operations, policies, instruments and systems is desirable.
• Excellent analytical, organizational, and communications skills. Oral and written communications (in English); emphasis on precision, clarity, and diplomacy.
• Ability to build strong relationships, maximize partnering and stakeholder management, and work collaboratively with internal clients and teams.
• Constant focus on innovation, digital transformation, current on evolving standards, participation in industry groups, also outside the field of audit.
• Maintaining a continuous improvement mindset, embracing agility and being open to change. Proactive and innovative, with an open and collegial work style with 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.).
• Proven track record of executing audits with a high sense of accountability and quality.
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.
