Internal Audit Analyst - Audit Missions

Entry/early career
Internal Audit
You can no longer apply

General Information

Type of contract Fixed-term contract which may be converted into a permanent contract after three years subject to individual performance and organisational needs

Who can apply? EU nationals

Salary E/F (1) (minimum full time monthly net salary €4,167 and benefits, see further information section)

Working time Full time

Place of work Frankfurt am Main, Germany

Closing date 22.09.2021

Your team

You will be part of the Audit Missions Division in the Directorate Internal Audit. Our Directorate has roughly 45 staff providing audit assurance and investigation services. We are a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.

The Audit Missions Division, which comprises 25 staff members, performs audits covering all ECB operations. These include monetary policy, banking supervision, payment and settlement systems, and statistics. We also conduct audit work on the ECB’s governance processes as well as on the ECB’s service areas such as accounting, financial reporting, human resources and information technology. Our audits cover both day-to-day operational processes and ongoing projects. In addition, we contribute to the Directorate’s work on internal administrative inquiries by supporting or undertaking investigations led by the Audit Support and Investigations Division.

Our team also contributes to various task forces which coordinate audits performed by the Internal Auditors Committee (IAC) across the ECB, national central banks and national competent authorities. To that end, we collaborate closely both with ECB business areas and the audit functions of those institutions. 

The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply irrespective of age, disability, ethnicity, gender, gender identity, race, religious beliefs, sexual orientation or other characteristics.

Your role

As an Internal Audit Analyst you will:
  • be part of audit teams and, under the guidance of experienced heads of missions, contribute to audits of business processes related to one or more of the aforementioned areas at the level of the ECB and the IAC; 
  • provide relevant input and support audit processes by collecting, structuring and analysing data with the aim of identifying patterns and exceptions;
  • contribute to the assessment of policy frameworks, systems and operations;
  • support investigations by the Audit Support and Investigations Division if required by workload;
  • contribute to the drafting of notes, opinions, briefings and memos; 
  • present the results of your work to the members of your audit or investigation team and to internal audit management. 

The position offers you excellent opportunities to grow into the role of an internal auditor. Our Directorate supports the professional development of its staff by means of a training and development programme and the possibility to specialise in one or more of the aforementioned areas. 

Qualifications, experience and skills

  • a bachelor’s degree or equivalent in finance, economics, business administration or another relevant field (click here for details on degree equivalences);
  • in addition to the above, practical experience in the fields of internal auditing and investigations, gained e.g. by contributing to internal audits and the assessment of complaints and allegations concerning breaches of professional duties;
  • good analytical skills and a proven ability to establish analytical procedures and methods, and to apply them to large-scale datasets; 
  • good drafting and presentation skills, and the ability to present complex issues in a concise and clear manner to non-specialist audiences both orally and in writing;
  • an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

  • a good understanding of internal audit practices and processes in financial institutions;
  • a good understanding of key business concepts pertaining to monetary policy, banking supervision and/or financial reporting;
  • a good understanding of investigative methodologies and techniques, and of data protection requirements.

You engage collaboratively with others. You pursue team goals and learn willingly from other people’s diverse perspectives. You signal any need for change by explaining it and proposing alternative solutions. You analyse complex information effectively and can evaluate different views to arrive at solutions. You know and anticipate stakeholder needs.

You are motivated to be part of our team and to develop and use your skills and competencies to achieve the objectives of this position.

Working modalities

We are willing to discuss part-time arrangements. 

Further information

For additional information on this specific vacancy, you can speak to Fotios Christoforatos, Senior Team Lead, Audit Missions Divisions, on +49 152 22530089 between 09:00 and 10:00 on Wednesday, 8 September 2021.

Application and selection process

The recruitment process for this position will be conducted remotely. It will include a written exercise, a presentation and interviews. 

Find out how to apply for a position at the European Central Bank. Read more about joining us.