Internal Audit Officer (Base in Beijing) - Asian Infrastructure Investment Bank in London

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing infrastructure for tomorrow in Asia and beyond - infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.

The Internal Audit Office (IAO) of AIIB provides professional and objective assurance and advisory services designed to add value and improve AIIB's operations. The mission of internal audit is to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight. The IAO helps AIIB accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.

Reporting to the Principal Internal Audit Officer, the Internal Audit Officer will develop and maintain a comprehensive audit plan aligned with AIIB's risk management framework. The position requires professional judgment, the ability to lead or co-lead audit assignments, and active contribution to strengthening audit quality and stakeholder engagement.

Responsibilities:

• Plan, lead, or co-lead risk-based internal audit and advisory engagements in line with the IAO audit plan and professional standards.
• Perform risk assessments, define audit scope, and develop audit programs informed by process knowledge and data.
• Produce clear, evidence-based deliverables (reports, presentations, dashboards), and communicate results constructively to audit team leaders and managers.
• Partner with auditees and stakeholders throughout the engagement, including aligning expectations, discussing observations, and supporting timely remediation.
• Design and perform audit analytics (e.g., population testing, anomaly detection, trend analysis) using appropriate tools and technologies to enhance coverage and insight.
• Execute and oversee fieldwork, including automated/continuous testing where appropriate. Maintain clear, sufficient audit evidence.
• Identify root causes, control gaps, and improvement opportunities. Develop practical, risk-informed recommendations that strengthen controls and support efficient operations.
• Use AI-enabled techniques, where applicable, to support audit planning and testing (e.g., risk identification, document review, and summarization), with appropriate governance, confidentiality, and validation.
• Support audit methodology, quality, and tooling enhancement exercises, such as audit procedure standardization and documentation of AI/analytics procedures.
• Track follow-up on recommendations, and validate the implementation and effectiveness of agreed actions.
• Mentor junior audit staff, including coaching on audit fundamentals, professional judgment, and the effective use of data analytics and technology in audit work.
• Work with external consultants and cosource partners in audit engagements, as applicable.
• Support or lead the organization of ad hoc internal or external events or forums.
• Perform other duties as assigned.

Requirements:

• 5-7 years of relevant experience in internal audit, risk management, compliance, or related assurance functions.
• Bachelor's degree in accounting, finance, business administration, or a related discipline. A master's degree is an advantage.
• Professional certifications (CIA, CPA, CISA) are highly desirable. Relevant analytics/technology credentials will be an advantage.
• Strong understanding of governance, risk management, and internal control frameworks.
• Working knowledge of the IIA standards or IPPF and the ability to apply them in audit execution, documentation, and reporting, with guidance as needed.
• Demonstrated integrity, confidentiality, and professionalism, with the ability to maintain independence and objectivity.
• Awareness of cultural, social, and political sensitivities, and an interest in learning AIIB's mandate and operating context to support risk-based audit work.
• Open to feedback, with the ability to build trusted working relationships while maintaining appropriate professional scepticism.
• Demonstrated ability to independently manage audit assignments.
• Strong project and time-management skills, including planning, managing priorities, and meeting deadlines.
• Demonstrated ability to support the development of others through knowledge sharing and on-the-job coaching.
• Strong analytical, writing, and stakeholder engagement skills.
• Demonstrated capability in data analytics and interrogation, including working with large datasets and designing and executing tests.
• Understanding of how AI can be applied across the internal audit lifecycle. Hands-on experience with AI-enabled audit techniques is an advantage.
• Strong command of English, both written and verbal.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.

Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.