Senior Internal Control Officer

The European Investment Fund (EIF) is seeking a Senior Internal Control Officer to ensure the validity and completeness of the Internal Control Framework and Risk & Control Matrix, monitor implementation of recommendations, and support internal control testing and risk assessment. The role involves coordinating audits, reporting on risk indicators, and proposing improvements to policies and control activities.

Responsibilities

• Ensure validity and completeness of the Internal Control Framework (ICF) and Risk & Control Matrix (RCM) and monitor the proper implementation of recommendations and conclusions.
• Challenge EIF services’ controls.
• Propose improvements in terms of policies’ updates and implementation of processes, as well as reinforcement of control activities.
• Develop and maintain a process and methodology for the regular testing of internal controls.
• Evaluate and integrate information from other testing such as external or internal audit findings, operational risk events, ISAE 3402, amongst others, in order to orientate the testing to be performed.
• Assess and monitor the risks of the institution and to what extent they (may) lead to financial and non-financial impacts.
• Coordinate and support the annual independent ISAE 3402 audit exercise.
• Contribute to the ICF and ISAE 3402 annual reports to the Chief Executive and Deputy Chief Executive, Board of Directors and Audit Board.
• Monitor and report on the agreed Key Risk Indicators and Risk Mitigating Actions.

Requirements

• At least 5 (five) years of post-graduation relevant professional experience at the same level of responsibility in Internal Control topics including control testing, monitoring and reporting.
• University degree, preferably at postgraduate level, in Business Management, Compliance, Audit, or any related subjects.
• Additional professional or academic qualifications in these areas would be considered an asset.
• Strong skills in designing and adapting internal control methodologies.
• Clear track record in testing/sampling methodologies.
• Experience using AI/Automation, Power BI, web-based tools would be considered an asset.
• Solid understanding of EIF's mission and activities as well as its operating framework would be an advantage.
• Excellent knowledge of English, both oral and written, with strong drafting skills.
• Knowledge of other EU languages would be considered an asset.

Skills

• Internal Control Testing
• Control Monitoring
• Risk Assessment
• Internal Control Methodologies
• Sampling Methodologies
• Audit Coordination
• Risk Reporting
• Policy Improvement
• Power BI
• AI Automation
• Web-based tools
• Business Management
• Compliance
• Audit
• Drafting Skills

Languages

English