Manager, Corporate Audit

Islamic Development Bank

General Responsibilities:

Review and evaluate management processes and internal controls in IsDB s corporate units, including IsDB managed funds (e.g. Waqf Fund) and assess their adequacy and effectiveness for ensuring compliance with relevant policies and procedures, legal agreements and applicable Management plans/decisions.

Review and assess the adequacy and effectiveness of the processes for ensuring accountability for decision-making and implementation of decisions.

Review the systems of internal accounting controls maintained by IsDB to safeguard its financial and physical assets, including verifying the existence of related assets.

Recommend to IsDB Management corrective actions (based on the findings of internal audits) to strengthen internal controls/procedures, information systems, accountability and processes for decision-making.

Ensure follow-up on IsDB Management s implementation of internal audit recommendations and reports each year to the President and the Audit Committee on implementation actions effectiveness.

Attend, as required, management meetings as an observer to gain an understanding of IsDB business, projects, and risks, in accordance with the IIA standards.

Assess observed meetings and provide the Board with an independent opinion on the alignment of IsDB strategy to achieve the Bank s mission and vision.

Perform internal quality assurance assessments and liaise with the external quality assurance agencies/auditors as and when required.

Leadership Responsibilities:

Coordinate the provision of audit services to IsDB organizational units

Provide motivational and inspirational leadership for the Division and communicate direct reports on clear performance expectations.

Manage the performance and resources of the Division through delegation of authority, setting stretch objectives and providing regular feedback on results at a department level, promptly addressing areas of underperformance.

Monitor and assess the skills and capabilities of the Division and determine the actions needed to increase the Division s performance.

Support filling in key capability gaps through capacity development and recruiting efforts.

Coach, mentor and develop the direct reports and the top talent/high potential staff.

Act as a role-model for the Division staff in issues related to IsDB's values and leadership competencies and provide direction and support in times of change.