Internal Control Manager

European Bank for Reconstruction & Development

Are you a seasoned internal controls expert with a passion for strong governance and meaningful impact? Do you thrive in collaborative, high-performing environments and want to be part of an institution that supports sustainable development across 39 economies? If so, we invite you to apply for the Internal Control Manager role at the European Bank for Reconstruction and Development (EBRD).

The Role
This is a pivotal role in maintaining and continuously improving EBRD's Internal Control Framework (ICF) over financial reporting. You'll ensure alignment with COSO 2013 standards, helping the Bank uphold its high integrity and transparency standards, including issuing a formal management assertion in its annual Financial Report.
You'll work directly with senior management, finance teams, auditors, and control owners across the Bank, championing robust governance and risk mitigation. Your contribution will shape Bank-wide practices and safeguard EBRD's reputation and financial reporting excellence.

Key Responsibilities

• Set and maintain the Bank's Internal Control Framework, including definitions, deficiency assessment, methodology, testing procedures, coordination, and scheduling of ICF activities.

• Communicate framework updates and timelines to Directors and all involved teams across the Bank.

• Monitor changes in regulations and global best practices, propose appropriate updates, and lead implementation of approved changes.

• Conduct detailed risk assessments of the Bank's financial statements, including mapping them to underlying processes and controls, and perform fraud risk assessments to identify significant risk areas.

• Review and challenge existing financial reporting controls in collaboration with senior management. Identify more efficient or effective controls and help redesign processes as needed.

• Identify control gaps and formulate remediation plans, ensuring alignment with the Bank's operational risk issue management process.

• Design and deliver training, guidelines, and communication to support management and other teams in implementing the framework and adhering to best practices.

• Define scope for independent testing of controls, agree plans with the Director ORM, conduct sampling, review quality of testing files, and report findings to relevant management teams.

• Monitor and ensure that Bank-level governance controls address COSO principles and escalate any control deficiencies to the Director ORM, agreeing on and tracking remediation plans.

• Track and report deficiencies to the Director ORM, ensure proper root cause analysis is performed, and escalate to the ICF Oversight Committee if remediation is insufficient or delayed.

• Serve as secretariat for the ICF Oversight Committee (chaired by the CFO) and the ICF Sub-Committee (chaired by the MD Finance), including coordination of agendas, reporting, and presentations.

• Liaise with internal and external auditors as well as business and IT control owners, managing requests related to the attestation process.

Skills, Experience, and Qualifications

• Degree-level education or equivalent work experience.

• ACA-qualified (or equivalent) with a strong financial reporting foundation.

• Significant internal or external audit experience with a focus on control environments and COSO framework.

• Prior experience in a control-focused environment or within a Big 4 firm, ideally in the financial services sector.

• Strong critical thinking, analytical, and problem-solving abilities.

• Proven relationship and stakeholder management skills, including influencing at senior levels.

• Ability to work independently with a proactive, solution-focused approach.

• Excellent attention to detail and commitment to accuracy.

• Strong written and verbal communication skills with the ability to explain technical topics clearly across all levels.

• Confident presenter with the ability to deliver training and reports to senior audiences.

• Proficiency in Microsoft Office 365 suite, including SharePoint and Teams.

• Effective project management and organisational skills with a track record of delivering complex projects on time.

What is it like to work at the EBRD?

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in. 

The EBRD environment provides you with:

• Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
• A working culture that embraces inclusion and celebrates diversity;
• An environment that places sustainability, equality and digital transformation at the heart of what we do.

Diversity is one of the Bank's core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).

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 Important Application Information: Please submit your application only via the official website of the hiring organization or by using the "Apply" button on CinfoPoste, which will redirect you to the organization's application site. Applications submitted through other job portals will not be forwarded to the respective organization and will not be considered. To ensure your application reaches the right destination, always follow the official application process as indicated in the job posting. How cinfo Can Support You in the Application Process for This Position • Application and Interview Preparation: Whether you're preparing your application documents or getting ready for an interview, you can book a Job Application Support session to receive tailored guidance. • For Swiss nationals invited to the first round of the selection process (e.g., written test, interview, assessment center): Notify us at [email protected], and we will inform our HR partners in the respective organization and the Swiss Government to help increase your visibility. ______________________________________________________________________

Sector: Nonprofit/Community/Social Services/International Cooperation

Role: Other

Working hours (%): 80-100% / 100%

Job type: Staff (Permanent and Fixed Term)