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Head of Internal Audit - Bank for International Settlements

BIS - Bank for International Settlements

Basel, Switzerland

The Bank for International Settlements (BIS) is global forum for monetary and financial cooperation and a bank for central banks. Its head office is located in Basel, Switzerland, with representative offices in Hong Kong SAR and Mexico City. We recruit worldwide, regardless of nationality, and offer competitive employment packages. 

The BIS invites applications for the position of Head of Internal Audit, a key appointment. Leading a team of five highly qualified auditors, the successful candidate will help the Bank achieve its objectives by evaluating and improving the effectiveness of the Bank's risk management, internal controls, governance systems and processes. 

The ideal candidate will have considerable experience as a senior internal audit manager in a leadership position, preferably in a central bank or international financial institution. In addition to a university degree and a professional audit certification, the candidate will have a proven track record in developing and implementing effective audit policies and processes, and will demonstrate superior interpersonal and communication skills at all organisational levels. The contract term is for five years with the possibility of an extension.

Key responsibilities:

  • Develop and present an annual risk-based audit plan to senior management and the Audit Committee of the Board of Directors;
  • Oversee the planning, execution, and follow-up of all internal audits; carry out ad hoc investigations and special projects as required;
  • Act as a consultant to senior management on all audit-related issues;
  • As representative of the Bank's audit function, chair and/or participate in internal and external working groups and committees;
  • As a line manager, lead, motivate and develop the internal audit team.

Qualifications, skills and experience:

  • University degree (master's or equivalent) in a relevant field;
  • Professional certification(s) in internal and/or external auditing;
  • Proven ability to develop strategies and policies in the audit area and to ensure effective implementation;
  • Strong leadership skills with a proven track record as a line manager;
  • Deep understanding of the broad range of auditing issues in a financial and knowledge-based organisation;
  • Excellent interpersonal and communications skills at all levels, including senior management and the board of directors;
  • Excellent command of written and spoken English. A second major world language would be desirable;
  • Minimum 15 years of broad-based international experience in auditing in financial institutions (preferably at a central bank or international financial institution) at a senior level.
To find out more about this opportunity and to submit your CV (in English), please visit www.bis.org/careers.

Deadline for applications is 20/09/2015.