Close relatives1 of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.
1Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle
Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).
In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
The position is assigned in the Office of the Auditor General (OAG). ADB’s internal audit function provides assurance and advisory services designed to add value and improve ADB operations. OAG provides assurance to the President and the Audit Committee of the Board (ACB) that ADB’s financial and operational controls designed to manage risks and achieve ADB’s development objectives are operating in an efficient and effective manner. OAG assists Management and the ACB by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes in ADB.
All activities of the ADB, including (i) sovereign loan, technical assistance (TA) and grant operations; (ii) non-sovereign lending and equity investment operations; (iii) treasury and risk management functions; (iv) information technology; and (v) finance and administration are covered by OAG.
To view ADB Organizational Chart, please click here.
The Audit Officer will (i) contribute to OAG’s independent and objective assurance and advisory services in the formulation of related strategies, approaches, and recommendations to improve efficiency, effectiveness, and internal controls; (ii) participate in and contribute to the planning, execution and reporting of complex assurance and advisory services under the supervision of senior staff; and (iii) may be assigned to independently conduct small or routine audit and advisory services or continuous improvement projects.
The incumbent will report to the designated International Staff.
- Contributes to independent and objective audit of business process and internal control systems.
- Formulates risk-based audit plans, conducts interviews, obtains and analyzes relevant data and information.
- Identifies opportunities to improve efficiency, effectiveness, and reliability of processes.
- Formulates recommendations and follows through on resulting recommendations.
- Maintains high quality working papers and audit reports that are thorough, accurate, and timely.
- Assesses compliance with established rules and regulations, policies, guidelines, and procedures.
- Monitors, follows up, and reports on the status of implementation of staff actions.
- Provides advisory services to help improve efficiency, effectiveness, and internal controls of business processes of clients.
- Contributes to formulating possible solutions to root cause of problems.
- Contributes to continuous improvement efforts and implementation of best practices in OAG.
- Shares knowledge and participates in interdepartmental task forces/working groups as assigned.
Relevant Experience & Requirements
- Bachelor’s degree in Business Administration, Accounting, Finance, Information Systems or related fields, preferably with advanced training.
- Professional certification as a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), or equivalent is preferred.
- At least 8 years experience in auditing, accounting, finance, information systems or related field in financial institutions or large organizations.
- Versatility to conduct a variety of audits.
- Superior analytical skills, sound judgment, fairness, and discretion.
- Working knowledge of TeamMate audit software and ACL data analysis software is preferred.
- Ability to develop rapport internally and externally in a multicultural environment.
- Able to work collaboratively with teams as a constructive team member.
- Strong oral and written communication skills in English.
- Please refer to the link for ADB Competency Framework for level national staff level NS2.
The selected candidate, if new to ADB, is appointed for an initial term of 3 years.
ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
Please note that the actual level and salary will be based on the qualifications of the selected candidate.