Fiduciary Risk and Internal Controls Lead (Proposal) Job Listing at Tetra Tech in Arlington, VA (Job ID 50292)

Description

Management Systems International (MSI), a Tetra Tech Company, is a Washington, D.C. metro area management consultancy with a 40-year history of delivering results for our clients. Our expertise is in the fields of monitoring and evaluation; democracy and governance; peace and stability; rule of law and accountability; education; gender and inclusion; strategic communications; and leadership and organizational development. MSI has implemented projects in 90 countries around the world such as Colombia, Indonesia, Jordan, Kenya, Mexico, Nigeria, Pakistan, Syria and Ukraine, and works domestically. We support clients ranging from the U.S. Government (e.g., the U.S. Agency for International Development, U.S. Department of Defense, U.S. Departments of State and Labor, and the Millennium Challenge Corporation) to large bilateral and multilateral donors (e.g., the World Bank and the United Nations Development Program). We also work with national and local governments, nongovernmental organizations (NGOs), think tanks, foundations and universities. For more information, please visit our website at www.msiworldwide.com.

Proposal Summary:

MSI, a Tetra Tech Company, is bidding to provide Third-Party Monitoring (TPM) services under a World Bank Framework Agreement to support project oversight in fragile and conflict-affected settings globally. The initial framework agreement will span five years, with a possible extension of an additional five years based on performance. TPM activities may be conducted in regions including Africa, the Middle East, South Asia, Latin America, and Eastern Europe, with specific country assignments determined by purchase orders. The objective is to independently monitor implementation progress, fiduciary compliance, and environmental and social safeguards across a range of World Bank-financed operations. Through physical site visits, financial reviews, stakeholder engagement, and data-driven reporting, MSI will help ensure that project funds are used for their intended purposes and in accordance with legal and procedural standards. The work will be delivered in close coordination with the World Bank and implementing partners, with an emphasis on adaptive methods, secure data handling, and local engagement.

Position Summary:

The Fiduciary Risk and Internal Controls Lead will be responsible for overseeing the assessment of fiduciary risks and internal control systems in the implementation of World Bank-financed projects. The role includes developing risk assessment frameworks, reviewing financial management processes, and advising on strategies to strengthen accountability and transparency in FCV contexts.

Responsibilities:

·       Lead the development and application of fiduciary risk assessment methodologies for TPM assignments.

·       Review project-level internal control systems and identify potential risks and gaps.

·       Develop recommendations to strengthen financial oversight and accountability mechanisms.

·       Collaborate with financial monitoring and audit teams to triangulate findings.

·       Support implementation of targeted reviews on procurement, expenditure, and reporting controls.

·       Prepare reports and visualizations that communicate fiduciary risk findings to stakeholders.

·       Advise on risk mitigation plans and help design capacity-building measures for implementing partners.

·       Ensure compliance with World Bank financial management policies and standards.

·       Participate in internal learning and contribute to the improvement of fiduciary monitoring tools.

Qualifications:

·       Master's degree in finance, accounting, public financial management, or a related field.

·       Minimum of 10 years of experience in fiduciary risk management or internal controls, preferably on donor-funded projects.

·       Familiarity with World Bank fiduciary policies and frameworks required.

·       Regional experience in one or more World Bank regions (Africa East & West, East Asia and Pacific, Europe & Central Asia, Latin America & Caribbean, Middle East, North Africa, Afghanistan, South Asia).

·       Experience conducting internal control reviews and advising on mitigation strategies.

·       Strong understanding of public financial management systems in FCV or low-capacity environments.

·       Excellent analytical, communication, and reporting skills.

·       Fluency in English is required; additional languages are a plus.

·       Willingness to travel to FCV locations as needed.

• Organization: 216 MSI