(Senior) Internal Auditor

The **EIB**, the European Union's bank, is seeking to recruit for its Management Committee (MC), Internal Audit Department (IA), Internal Audit - EIB Division (EIB), Internal Audit Compliance, Personnel & Support Functions Unit (IA - COMP&PERS) at its headquarters in Luxembourg, a **(Senior) Internal Auditor**.**
- _internal benchmark _(Senior) Officer Internal Audit_

**This is a full time position at grade 5/6 for which the EIB offers a permanent contract.**
- Panel interviews are anticipated from end of April onwards_

**Purpose**:
The diverse Internal Audit team consists of individuals with a wide range of professional backgrounds, adhering to guiding principles of teamwork, strong professional ethics and high commitment.

The Internal Audit Department is responsible for internal audit services in both the EIB and EIF. It is composed of two divisions and five units. One division covers the activities of the EIF and Information Technology across both EIB and EIF whereas the second covers the functions of the EIB. Whilst staff members are allocated to individual units, the Department functions as a pool of resources that can be allocated to specific assignments across the Group.

In order to complement its team, Internal Audit is looking for a (Senior) Internal Auditor. You will define, plan and execute audits and related reporting to complete the EIB Group Audit Plan.

In this role you will gain an in-depth understanding of the processes, policies and procedures of the Bank and acquire wide ranging and critically important skills. Internal Audit is a highly visible position and comes with significant access to Senior Management.

**Operating Network**:
You will report to the Head of Unit for Compliance, Personnel & Support Functions and will work in collaboration with other IA staff as well as other services across the Bank. An important aspect of the role is to drive efficiency and continuous improvement in the Department.

**Accountabilities**:

- Plan and conduct audit missions, provide independent appraisal on the processes and the design and operating effectiveness of internal controls, execute audit procedures and document them in IA’s audit software, report on the findings and Agreed Action Plans for corrective action and/or improvements (as part of a team of IA personnel);
- Follow-up audit recommendations in order to verify that corrective action are undertaken;
- Keep abreast and follow latest developments in the internal audit function;
- Steer and monitor the activities of external consultants for audits performed under a co-sourcing agreement;
- Contribute to creating appropriate awareness in the organisation on the importance of operational and financial risk assessment;
- Develop, improve, and implement Internal Audit processes, procedures, IT systems, methodologies and working tools for conducting risk management and internal control activities
- Participate to senior management meetings, including the Audit Committee (EIB) / Audit Board (EIF).

**Qualifications**:

- University degree preferably in economics or business administration or a related field with relevant exposure to Banking / Finance / risk management;
- Minimum 5 years of relevant professional experience gained in internal audit / a control environment within the financial sector
- Knowledge of the EIB's mission, policies, procedures, organisation and activities. Experience in projects (working towards milestone and deadlines) would be an advantage
- Understanding of Internal Audit ’s role, and preferably acquaintance with general audit methodologies and Internal Control Framework
- Good general knowledge of banking in a regulated environment and compliance is preferred
- Fluent English report writing skills
- Excellent communication and influencing skills: ability to convince Bank services of audit viewpoints -excellent ability to interact at different levels of hierarchy
- Knowledge of audit computer tools or data analytics / Business Objects would be an advantage
- Excellent knowledge of English and/or French (*) with a good command of the other. Knowledge of other EU languages is considered as an advantage.

**Competencies**:

- Find out more about EIB core competencies _here
- (*) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of _level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support._ _

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