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Inter-American Development Bank · 1 day ago

Executive Auditor

Washington, DC

Full-time

Hybrid

Director/Executive

15+ years exp

The Inter-American Development Bank Group (IDB Group) is the leading source of financing and knowledge for development in Latin America and the Caribbean. The Executive Auditor is responsible for developing and implementing internal audit strategies that align with the organization's objectives and ensuring effective governance and risk management through independent audits.

BankingFinanceFinancial ServicesNon Profit

No H1B

U.S. Citizen Only

Responsibilities

Develop, implement, and periodically review a comprehensive internal audit strategy that supports the organization’s strategic objectives and aligns with the expectations of the Board, senior management, and key stakeholders

Prepare and submit the annual risk-based internal audit plan, including significant changes, for review and approval by the President and the Board of Executive Directors (via the Audit Committee or the corresponding governing authorities for IDB Invest and IDB Lab), ensuring the plan is developed using a robust risk assessment methodology and provides adequate coverage of the organization’s activities, programs, and systems

Implementing the approved internal audit plan, as well as reviewing and adjusting it, as necessary, in response to emerging risks or changes in the IDB’s business, activities, organization, operations, programs, information systems and controls

Communicating periodically on the sufficiency of AUG’s resources and its progress against the approved audit plan

Ensuring that all engagements are professionally implemented by qualified, appropriately assigned, and adequately supervised resources

Communicating balanced results of engagements to appropriate parties, including significant or pervasive deficiencies, successful practices identified, and recommendations for improvement or corrective action plans if warranted

Leading a multicultural and multinational Office comprised of auditors, support staff and contractual employees. The Executive Auditor is responsible for maintaining a professional audit staff and/or access to external specialists with appropriate knowledge, skills, experience, and professional certifications to meet the requirements of the AUG Charter

Maintaining a quality assurance and continuous improvement program that covers all aspects of AUG activities, and ensures that its activities conform with the International Standards for the Professional Practice of Internal Auditing

Communicating periodically with the President and meeting regularly with the Audit Committees of the IDB and IDB Invest, as well as with the Donors Committee of IDB Lab, to provide information that will assist in the proper discharge of their responsibilities

Confirming organizational independence annually and reporting any impairments or conflicts of interest to the President and Audit Committee

Appraising the adequacy and timeliness of corrective actions developed by management to address reported deficiencies or weaknesses in governance, risk management, or internal controls and communicating with appropriate management and staff on the status of corrective action plans until deficiencies or weaknesses have been satisfactorily resolved

Informing the President and the Audit Committee of the risks assumed by management, not planning or taking timely corrective action, and providing follow-up reports on the status of corrective actions

Providing support in investigative processes at the request of the President and, when appropriate, in coordination or consultation with the Office of Institutional Integrity and the Office of Ethics, in accordance with their respective established procedures

Annually assessing whether the AUG Charter continues to reflect the requirements outlined in the Institute of Internal Auditors' International Professional Practices Framework (IPPF) and recommending changes as necessary to the President and Audit Committee

Qualification

Certified Internal AuditorCertified Public AccountantInternal Audit StrategyAuditing Standards KnowledgeRisk Assessment MethodologyFluency in EnglishSpanishTeam Management SkillsDevelopPromote DiversityEquityInclusionBuild Lean TeamsLead ChangeCreate PartnershipsMentor

Required

Masters degree (or equivalent) in business administration, finance or another relevant field is required

15+ years of experience managing and delivering best practice internal audit services in large, complex multinational or international organizations

Comprehensive knowledge of auditing practices, extensive understanding of financial, operational, technology-related as well as other emerging risks

Demonstrated working knowledge of international auditing standards and generally accepted accounting standards in the US

Proven team management skills with track record of building successful teams with strong client services orientation (preferably in a matrix structure)

Experience motivating individuals, developing employees, assigning authority and accountabilities, monitoring results, and addressing issues in an effective and appropriate manner

Fluency in English and proficiency in Spanish is required

You are a citizen of one of our 48-member countries

You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab

Preferred

Active Certified Internal Auditor or Certified Public Accountant or other related certifications (ACA, CFA, CISA, CRMA or similar)

Command of another official Bank language (French and/or Portuguese)

Benefits

Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs.

Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.

We offer assistance with relocation and visa applications for you and your family when it applies.

Hybrid and flexible work schedules.

Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.

Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.

Other perks (country specific): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, spouse career support, and others.

Company

Inter-American Development Bank

Glassdoor4.0

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment.

Founded in 1959

Washington, District of Columbia, USA

1001-5000 employees