Head of Internal Audit

The Fund is announcing a vacancy for the position of Head of the Internal Audit Department. The Head of Internal Audit ensures the independent assessment of the Fund's operations, risk management, oversight, and the implementation of internal audit programs.

Coordinate the development and implementation of the Fund's internal audit strategy, aligned with its strategic goals and environment

Coordinate internal audit policy and the development and implementation of related internal legal acts

Organize the independent assessment of governance, risk management, and control processes

Ensure the audit of the Fund's core processes

Lead compliance, operational, performance, financial, and information systems audits

Provide advisory input on strategic initiatives, digitalization, and organizational change without assuming managerial or operational responsibility

Identify material and systemic risks, control deficiencies, their causes, and potential consequences

Ensure that recommendations are actionable, risk-appropriate, and aimed at addressing the root causes of issues

Inform governing bodies of risks accepted by them that, in the Head's professional assessment, exceed the Fund's acceptable risk level

Organize effective monitoring of the implementation of recommendations or action plans, and provide periodic reports on results to the Fund's Board

Define the professional, technological, and financial resource requirements needed for effective internal audit functioning

Advance the technological capabilities of the internal audit function, including automation of audit processes, data analytics tools, and digital audit approaches

Periodically assess the adequacy, sufficiency, and effective use of resources

Develop the team's professional and behavioral competencies based on assessment results

Coordinate work with other assurance providers and assess the extent to which reliance can be placed on their work, considering their independence, objectivity, competence and quality of work

Develop and implement a quality assurance and improvement program for internal audit, and periodically report its results to the Board

Higher education in audit, management, finance, accounting, economics, law, information systems, or a related field

At least 8 years of professional experience in internal or external audit, risk management, internal control, compliance, or financial oversight

At least 3–5 years of experience in a leadership role, managing a team, function, or audit engagements

Knowledge of international internal audit standards, methodology, and quality assurance approaches

Knowledge of governance, risk management, and internal control principles and internationally recognized frameworks

Knowledge of fundamental approaches to assessing and controlling corruption, compliance, and technology risks

Knowledge of fundamental approaches to data analytics, audit technologies, and digital tools

Excellent command of Armenian and B2-level proficiency in English

At least one relevant international professional certification (CIA, CGAP, CRMA, CISA, ACCA, CPA, CFE, or an equivalent qualification)

Competitive salary

5 additional paid days off per year

5 paid sick days per year

Professional development and career growth opportunities

A friendly and collaborative working environment