Audit Supervisor

Monitoring & Evaluation

Contract

This is a World Bank Group grade: GG contract. More about World Bank Group grade: GG contracts.

Audit Supervisor

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, 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:

• 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.

• 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.

• 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.

• 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.

• 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.

• 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 Supervisor 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 Supervisor will be a senior member of the internal audit team and will be expected to primarily lead (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. The Audit Supervisor will report to the GIA Manager while developing and executing GIA’s risk-based work program.

The Audit Supervisor:

• Leads and delivers a series of complex assurance/advisory engagements, in an efficient and effective manner, including the ability to manage several concurrent engagements.

• Plays a vital leadership role in the application of risk-based audit techniques to a series of engagements, identify deficiencies in key controls and distinguish between issues, symptoms, and root causes.

• Identifies key risks at the business process or functional level based on a sound understanding of strategic priorities and business and technology risks at the institutional level and defines and alters the scope of engagements as required.

• Develops a comprehensive Risk and Control Matrix (RCM) which outlines key risks, related key controls, and testing procedures with sound logic to support persuasive and impactful audit reports.

• Seeks inputs and experience from others to recommend a course of action consistent with the WBG institutions’ strategy. Based on risk analysis, makes decisions in a timely manner within own area of responsibility, considering the interests and concerns of stakeholders.

• Draws broader inferences on risk management at the institutional level by synthesizing disparate control deficiencies into impactful and value-added insights.

• Effectively evaluates engagement results against the accumulated evidence, weighing the relevance, accuracy, and perspective of conclusions.

• Communicates results of engagements effectively to the client by positioning the issues in the appropriate context and presenting them in a compelling manner.

• Drafts succinct and impactful reports for communicating engagement results to Senior Management and the Board.

• Guides clients to establish implementable, time-bound and effective management action plans to address the root causes of issues arising from risk-based audits.

• Completes engagements within the time and budgets allocated while delivering high quality and value- added results.

• Supports GIA Management in building strong relationships across WBG institutions. Collaborating with other internal risk management and oversight units to identify areas of coordinated assurance.

• Supports 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.

• Provides thought leadership in WBG-wide assessment of risks based on a deep understanding of the WBG institutions’ business and technology and shares insights and knowledge.

• Shares new insights based on in-depth understanding of the client and recommend solutions for current and future needs of clients, as well as for GIA’s knowledge management goals.

• Effectively coaches and motivates team members to deliver high quality work, monitors progress and results and designs a feedback loop, where required, to resolve bottlenecks; and manages and collaborates effectively with external consultants and co-sourcing partners, in the efficient conduct of engagements.

• Enhances team members’ leadership and project management skills, technical capacity or subject matter expertise, aligned with the WBG and GIA human resource strategies, and internal audit leading practices.

• Leads initiatives as assigned by the GIA’s management.

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 8 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, multilateral companies, or similar environments

• An understanding of leading internal audit practices including in depth understanding of risks and controls in development sector environment A background in the private as well as the public sector would be an asset.

• Good understanding of world bank operations, policies, instruments and systems is desirable.

• Proven track record of leading teams effectively to achieve challenging outcomes.

• Evidence of being a role model, consistent with your role and responsibilities, to team members in order to enhance an internal audit function’s leadership capacity.

• 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.

• Track record of conducting risk-based internal audit or business process analysis, including the ability to size and scope the review in complex business areas and the ability to analyze complex concepts in applying innovation.

• Maintaining a continuous improvement mindset, embracing agility and openness 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.

• Proven abilities to successfully manage multiple and complex engagements with a variety of stakeholders, to anticipate and adjust for problems and roadblocks, and deliver high quality work within target and with minimal supervision.

• Ability to boost morale and team spirit in alignment with WBG institutions’ values and mission.

• 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 leading audits with a high sense of accountability and quality.

• Unquestionable ethics and integrity.

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. Treats conflicts as opportunities to solve problems. 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.

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

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Added 17 days ago - Updated 3 hours ago - Source: worldbank.org