Role purpose

The Director of Internal Audit (the Internal Auditor) leads strategically the world class audit function of the Office of the Internal Auditor and is responsible for and providing, through the implementation of the Office’s multi-annual work plan, independent, objective assurance and consulting activities designed to add value and improve the operations of the Fund and support the Executive Director, Senior Management and GCF Board managing governance, risk management and internal controls of the Fund. In particular the Internal Auditor brings assurance as to whether: resources are used effectively and economically; the Board and senior management are provided with accurate and reliable financial and operational information; the Fund’s assets and reputation are safeguarded; Fund decisions, policies and guidelines are complied with; and the Fund’s programmes, plans and business objectives are being or are likely to be achieved.

The Internal Auditor also provides independent and objective assurance to the Executive

Director regarding the efficiency, effectiveness and fiduciary issues for which the Executive Director is responsible for and advises the Executive Director and GCF Board on emerging issues and opportunities for improvement in respect of efficiency, effectiveness and fiduciary issues.

In addition, s/he is responsible for managing the Fund’s internal audit activities appropriately, including establishing operating guidelines, lines of authority and communication, work objectives and priorities of reporting. S/he ensures that the Fund’s internal audit activities conform with relevant technical standards (including adhering to the International Professional Practices Framework (IPPF), Global Internal Audit Standards and other standards of the Institute of Internal Auditors (IIA)) and meet the strategic needs of the Fund.

The Internal Auditor participates in meetings and conferences on substantive-related issues and represents the Office at international, regional, and inter-organisation meetings, seminars and conferences on the issue of internal audit.

Major Duties and Responsibilities

Purpose – Assurance and Advisory

• Formulate world-class Internal Audit Office’s strategic and operational plans and manage the staff and activities to ensure the achievement of performance goals and the optimal use of the Office’s resources.
• Lead the execution of the Office’s strategy and multi-annual work plans, thereby ensuring that the Executive Director gains regular and timely assurance and advice as to the efficiency, effectiveness and fiduciary issues for which s/he is responsible.
• Effectively leads and manages the financial resources allocated and the staff members and other personnel assigned to OIA, continuously strengthening the credibility of the Office and competency of the staff.
• Advise the Board, through the Ethics and Audit Committee, on adequacy and effectiveness of the governance, risk management and internal controls arrangements supporting the Fund in achieving its objectives.
• Identify emerging risks and issues that may affect the Fund and adapt the multi-year internal audit workplan to ensure they are addressed in a timely manner; monitor and assess external developments that could impact the services provided by internal audit and promote their application as appropriate within the GCF.

Engagement – Stakeholders’ Engagement

• Regularly engage with the Secretariat Leadership Team, Senior Management and Board to raise awareness on oversight and accountability matters and explain the performance of audit and advisory engagements and the implications of their results.
• Work with GCF Management to develop practical action plans that address issues identified that may impact the Fund’s operations, resources, institutional credibility and reputation.
• Lead and promote/communicate the role of OIA, both internally and externally, to raise awareness and demonstrate how internal audit creates value across the organisation.
• Represent OIA and engage with the Ethics and Audit Committee to inform and advise the GCF Board on programme performance or on substantive issues related to internal audit activities.
• Develop and maintain engagement with technical counterparts outside GCF (e.g. UN agencies, MDBs, IIA, (UN)RIAS, etc.), with other oversight function within the GCF (Independent Units), and the second line (e.g. DRMC, OGC, DMEL, etc.) to strengthen synergies, minimize duplications and ensure the provision of a continuum of assurance in the GCF is effective and efficient.

Delivery – Objective Assurance, Insight, and Foresight Innovation

• Lead the assessment of the Fund's internal control system and use professional expertise to make appropriate recommendations to Senior Management to improve the governance, risk management, and controls in the organisation and demonstrate commitment to maintain high accountability standards for the organisation.

• Demonstrate role modelling, continuously acting with ethics and integrity, in respect of the GCF code of conduct and the IIA standards.
• Keep abreast of developments in internal audit and general oversight fields, especially in relation to the international and multilateral environment, which can contribute to strengthening the Fund.
• Develop new audit approaches in response to identified risks and take into account the assurance and information needs of Senior Management, the Board, and other stakeholders.
• Invest in robust quality controls for audits, including periodic internal and external reviews and assessments to ensure that internal audit activities are undertaken in accordance with the Global Internal Audit Standards (GIAS).
• Lead and develop excellence in approaches, including through the use of new technologies.

Profile

• Master’s Degree in Business Administration, Finance, Audit, Risk Management, Economics or a related field. Or a relevant Bachelor’s degree with an additional 2 years of relevant work experience.
• Professional certification (such as CIA, CPA, CA, CISA, CFE) is required.
• At least 15 years of progressively responsible experience in oversight with demonstrable years of experience in auditing and supervising the audit of programme and administrative activities is required.
• Sound knowledge of general management practices and techniques, including results-based management principles, governance and accountability, use of information and communications technology, and techniques of quality assurance and risk management is required.
• Experience with developing, managing, and implementing strategic and operational work plans for a  complex, multidisciplinary internal audit function is required.

• Previous experience in internal audit activities in an international/multilateral organization is highly desirable.
• Demonstrated experience with prioritizing multiple assignments, meeting tight deadlines, and willingness to be flexible in a fast-paced environment is highly desirable.
• Ability to apply sound judgement and strategic thinking to complex matters as they relate to the GCF including climate-finance.
• Experience in managing a diverse, multidisciplinary group of professionals in undertaking serious and complex internal audits is highly desirable. Knowledge of climate finance is an advantage.
• Demonstrated leadership experience and mentoring of professional and support staff in a multicultural environment is highly desirable.
• Exceptional interpersonal skills with the ability and personality to work collaboratively, accept responsibility, and motivate colleagues.
• Sensitivity to political and respect for cultural factors.
• Demonstrated expertise in internal audit practices and standards and ability to design and implement audit strategies and multi-year risk-based audit plans.
• Fluent written and oral communication skills in English are essential for this position; knowledge of another UN language an advantage.

Terms of Appointment

This position is subject to a limited term of 3 years renewable once.

Role Location

Incheon, South Korea

How to Apply

To apply for this position, please ensure you complete the Application Form provided below by 31 December 2025 (23:59 hrs, GMT +9). It is essential that you submit your CV in English, specifically in Microsoft Word format (.doc/.docx), not exceeding 10MB.

Applications in other languages or formats will not be considered.

Rest assured, all information will be handled with the utmost confidentiality.

SRI Executive is exclusively retained by the Green Climate Fund to undertake this assignment.