Internal Auditor - Director of Internal Audit

Incheon

  • Organization: GCF - Green Climate Fund
  • Location: Incheon
  • Grade: Senior Executive level - IS - 8
  • Occupational Groups:
    • Accounting (Audit, Controlling)
    • Internal audit, Investigation and Inspection
    • Managerial positions
  • Closing Date: 2025-11-04

Grade: IS-8
Deadline: 4 November 2025 (11:59 PM KST)
Job Category: International
Salary: USD 230,900 (plus attractive benefits, that include the following allowances (as applicable)): Relocation, dependency, housing, education assistance and home country travel.


Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. The GCF has a portfolio of 297 projects across 133 countries, with a total commitment of USD 16.6 billion to date.


In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact. 


GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.  
You will be able to quickly scan and analyze complex, competing issues and lead significant sized teams to find solutions in evolving contexts, across multiple geographic locations. 


You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.
 

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.
 

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds.  Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

Interested in more information? 
Learn about working for GCF: https://www.greenclimate.fund/about/careers 
View current vacancies: https://jobs.greenclimate.fund/

 

About the Green Climate Fund (GCF)
Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart.  GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities. 


Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.


Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

 

Position Objective
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-organizations meetings, seminars and conferences on the issue of internal audit.

 

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

 

Purpose 

  • 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 can affect the Fund and adapt the multi-year internal audit workplan to ensure that they are timely addressed; monitor and assess external developments that could affect the services provided by internal audit and promote their application as appropriate in the GCF.


Engagement

  • Regularly engage with the Secretariat Leadership Team, Senior Management and Board to raise awareness on oversight and accountability matters and explain about 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 crate value across the organization
  • Represent OIA and engage with the Ethics and Audit Committee  to inform and advice 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.) in order to strengthen synergies, minimize duplications and ensure the provision of a continuum of assurance in the GCF is effective and efficient.

 

Delivery

  • Lead the assessment of the Fund internal control system and use professional expertise to make appropriate recommendations to Senior Management to improve the governance, risk management, and controls in the organization and demonstrate commitment to maintain high accountability standards for the organization.
  • Demonstrate role modeling, continuously acting with ethics and integrity, in respect of GCF code of conduct and IIA standards.
  • Keep abreast of developments in internal audit and general oversight fields, especially in relation to international and multilateral environment which can contribute to strengthening the Fund.
  • Develop new audit approaches in response to risks identified and take into account the assurance and information needs of Senior Management, 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.

 

Requirements (Education, experience, technical competencies required of the job)

  • Master’s Degree in Business Administration, Finance, Audit, Risk Management, Economics or a related field.
  • 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.

 

The closing date for application is 4 November 2025. Applications submitted after the deadline may not be considered.

*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.

Applications from women and nationals of developing countries are strongly encouraged to apply.

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