Work for the IMF. Work for the World.
The International Monetary Fund (IMF) works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty. Our work on the macroeconomic benefits of challenges such as empowering women, modernizing the global trading system, wage inequity, and climate change, provides new ideas to safeguard the stability of the international monetary and financial system and addresses the world's most pressing macroeconomic and financial issues. Our over 3000 dedicated employees are leaders in their fields and collaborate to address the needs of our members and make a meaningful, positive difference to lives across the globe.
The Office of Internal Audit (OIA) is seeking to hire an Advisor/Assistant Director. OIA is part of the Office of the Managing Director (OMD) and fulfills the internal audit function of the Fund by providing independent and objective assurance and advisory services designed to add value and improve the Fund’s operations. The mission of OIA is to protect and enhance organizational value by providing risk-based and objective assurance, advice, and insight. OIA helps the Fund accomplish its strategic objectives by bringing a systematic and disciplined approach to evaluating and improving the effectiveness of governance, risk management, and control processes in the Fund’s operations. OIA also works closely with other oversight functions such as – Office of Risk Management (ORM), and the Independent Evaluation Office (IEO).
Job Summary
The Advisor/Assistant Director will be a member of the leadership team in OIA (working closely with the OIA Director and an OIA Assistant Director) and will report to the OIA Director. The role is intended to augment OIA’s supervisory capacity and bandwidth by supporting the OIA Director and Assistant Director in overseeing the execution of OIA’s approved Program of Work (PoW), strategic, and other initiatives.
Major Duties and Responsibilities
The Advisor, working under the overall supervision and guidance of the OIA Director and Assistant Director:
• Provides strategic and technical oversight and thought leadership in supporting the efficient execution and delivery of OIA’s approved Program of Work (PoW), working as part of the OIA leadership team and with senior audit staff (Audit Manager, Senior Auditors).
• Provides managerial oversight to OIA staff in the planning, execution, and delivery of OIA’s PoW.
• Works closely with the OIA Director and Assistant Director in coordinating the communication and presentation of OIA’s results and outputs to Management, External Audit Committee (EAC) and the Executive Board.
• Supports the OIA Director and Assistant Director in facilitating the development of OIA’s PoW and engagement pipeline, working closely with Fund departmental counterparts.
• Fosters efforts for collaboration on risk and control issues across the IMF through depth of technical expertise, advocacy, and relationship management.
• Promotes the advancement of internal OIA initiatives relating to capacity and budget management, process streamlining, AI/digitalization, knowledge sharing, outreach, and dissemination.
• Supports the OIA Director and Assistant Director in advancing the Office’s medium-term strategic priorities and objectives and contributes to other aspects of OIA’s activities and deliverables as needed.
• Supports the development and reinforcement of OIA’s audit methodology and Quality Assurance and Improvement Program (QAIP)
Minimum Qualifications
Advanced university degree, or equivalent, and a professional certification either as an Accountant (CPA or international equivalent) or as an Auditor (CIA, CISA) supplemented by a minimum of fifteen (15) years of relevant work experience, including supervisory and/or managerial experience is required. Alternatively, a bachelor’s degree, or equivalent, supplemented by a minimum of nineteen (19) years of relevant professional experience, including supervisory and/or managerial experience, is required.
In addition, the successful candidate will have demonstrated strengths in:
People management, including the ability to organize and delegate work, motivate, coach, and develop staff.
Intellectual, technical, and strategic leadership, including contributing to the long-term strategy, leading strategic planning in work area, and translating strategic objectives into goals
Drive for results and contributing and championing innovation.
Influencing, interpersonal, oral and written communication skills.
Identifying and leveraging opportunities for synergy and partnership with key internal and external stakeholders.
Utilizing complex quantitative and qualitative data from a wide range of sources.
A regular staff member who is selected to fill the vacancy will maintain their open-ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided that their current term appointment has not already been extended.
This vacancy shall be filled by a 3-year Term appointment in accordance with the Fund’s new employment rules that took effect on May 1, 2015. This position requires Review Committee/Senior Review Committee Approval.
Department:
OIA Office of Internal AuditHiring For:
B01, B02, B03The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.
Skills Required
- Advanced university degree (or bachelor's with additional experience)
- Professional certification as an Accountant (CPA or international equivalent) or Auditor (CIA, CISA)
- Minimum 15 years relevant work experience (or 19 years with bachelor's), including supervisory/managerial experience
- Demonstrated people management skills: organizing, delegating, motivating, coaching, and developing staff
- Strong intellectual, technical, and strategic leadership, including strategic planning and translating objectives into goals
- Proven influencing, interpersonal, oral and written communication skills
- Ability to utilize complex quantitative and qualitative data from a wide range of sources
- Experience with internal audit methodology and Quality Assurance and Improvement Program (QAIP)
What We Do
The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics
