Senior Internal Audit Officer - Audit Practices and Innovation Base in Beijing

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.

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.

The Senior Internal Audit Officer will play a pivotal role to enhance the quality and impact of audit services by ensuring that the IAO strategy aligns and supports the Bank's strategic intent. The successful candidate will also focus on assisting the Chief Internal Audit Officer (CIAO) in building and implementing the Internal Quality Assurance Program.

• Establish and refine internal audit methodologies by incorporating the International Professional Practices Framework (IPPF), the Global Internal Audit Standards (the Standards), and best practices.
• Develop and enhance templates and procedures to ensure consistency and quality across engagements.
• Oversee issue tracking and validation processes by establishing a robust framework for tracking audit issues, including monitoring and regular reporting of the status of outstanding audit issues to senior management and the Audit and Risk Committee (ARC).
• Design and implement enhancements to IAO's risk assessment methodologies while conducting periodic reviews and updates of the frameworks to ensure their relevance and effectiveness.
• Establish and refine post-audit evaluation procedures to identify successful practices and areas needing improvement.
• Develop quality assurance programs to keep the audit function abreast of developments and in compliance with the IPPF.

1. Thought Leadership and Best Practices

• Provide thought leadership in designing and implementing innovative and agile approaches in the development and delivery of IAO's services.

1. Technology Enhancement and Data-Driven Insights

• Lead the integration of advanced technologies to enhance audit processes, ensuring that innovative solutions are effectively implemented.
• Drive the utilization of data analytics and machine learning to proactively identify emerging risks and trends, positioning the organization ahead of potential challenges.
• Champion the research and implementation of automation tools to streamline routine tasks such as data extraction, entry, and preliminary analysis, improving overall efficiency.
• Foster a culture of data-driven insights by leveraging innovative technologies to enhance analytical capabilities, enabling informed decision-making across the organization.

1. Reporting

• Develop a comprehensive communications plan for IAO to effectively engage key stakeholders.
• Prepare reports on IAO activities and communicate effectively with senior management and the ARC.
• Develop and utilize data visualization tools and dashboards for effective reporting.
• Ensure transparency and accountability in reporting processes.

1. Continuous Development and Training

• Develop competency and resourcing models in alignment with the Corporate Strategy and the IAO strategy and implement training programs and skills enhancement/augmentation programs.

1. Strategic Outreach and Relationship Building

• Strengthen the strategic outreach and client relationship activities of IAO.
• Improve coordination among various governance, risk, assurance and other oversight and accountability functions to identify key risks and enhance risk governance.

Requirements:

• Bachelor's degree in accounting, business administration, finance, information technology, computer science or in a related discipline. Master's degree would be a plus.
• 8-10 years of relevant working experience in internal auditing gained from financial institutions, preferably with multilateral development bank(s).
• Must be a Certified Internal Auditor (CIA). Possession of relevant professional qualifications such as Certified Information Systems Auditor (CISA) or Certified Information Security Manager (CISM) would be an advantage.
• Strong business and strategic understanding of banking business/operations and internal audit approaches; experience gained from working with a multilateral development bank will be a plus.
• Demonstrated proficiency in implementing the IPPF, the Standards, Quality Assurance standards and other leading practices of internal auditing.
• Relevant working experience in leading similar initiatives including Methodology and Technology Enhancement, Strategic Outreach and Relationship Building, Continuous Development and Training.
• Strong experience in data analytics using various automated auditing tools and/or Computer-aided audit tools (CAATS).
• Oriented to explore and adopt (where possible) new and emerging audit methodologies, practices, and systems e.g., leveraging artificial intelligence (AI) in internal audit processes.
• Strong reporting, writing and communication skills, fluent in oral and written English.
• Strong interpersonal and influencing skills, able to interact effectively with internal and external stakeholders.
• Adaptability, resilience, and a willingness to learn, unlearn and relearn in a fluid and ever evolving workplace.
• High personal integrity and emotional intelligence, with demonstrated ability to manage sensitive matters in a discreet and responsible manner.

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.

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