HIRING PURPOSE
· The role will assist in modernizing the Internal Audit Team of the bank
· The role will be involved in performing internal audits in both business audits (i.e. AML/CFT, operations, compliance, etc.) and IT audits to achieve 100% completion rate of the audit plan.
· The role will also be involved in various engagements in both an assurance and consulting capacity, as needed by the bank, advised by the Group or directed by regulators
RESPONSIBILITIES
· Carry out audit assignments according to audit plan, applicable standards and regulatory requirements
· Assess the risks and control weaknesses of the areas audited and provide suitable recommendations
· Develop and update audit programs, maintain quality of audit documentation and actively participate in internal audit’s continuous improvement initiatives
· Report control weaknesses, risk implications and provide value-add recommendations for improvement
· Collaborate with other auditors within the Group Corporate Assurance Division (GCAD) to perform audits of the bank or other Group entities
· Ensure that documentation/working papers are appropriately developed, accurately completed and documented accordingly
· Ensure that internal audit standards are met in carrying out all audit assignments
· When necessitated, review audit working papers of peers and ensure alignment with GCAD standards.
· Prepare audit reports timely and of good quality, upon completion of audit fieldwork
· Follow up on outstanding audit recommendations and perform validation of implemented recommendations
· Carry out any other responsibilities/tasks as assigned by the Philippines Head of Audit (or other GCAD regional heads if support is required)
· Ensure compliance with relevant regulatory requirements and adherence to the entity, Group & GCAD P&P
· Provide inputs to the PH Internal Audit Head in the periodic reporting to the Audit Committee and relevant Senior Management Committee and development of the annual internal audit plan
· Communicate and interact with Management across the organization and collaborate with GCAD personnel in carrying out joint engagements
· Carry out any other responsibilities/tasks as assigned by the PH Internal Audit Head, GCAD Technology Audit Department Head or Section Head from time to time.
· Ensure compliance with relevant regulatory requirements and adherence to the Group & GCAD P&P
· Assist or supervise third party auditors, if and when outsourcing takes place. (Note: May occasionally play a Team Leader role for audits, requiring the candidate to manage all aspects of audit assignments, including providing supervision, guidance and on-the-job training to junior audit staff)
QUALIFICATIONS
· Recognized Degree in Accounting, Finance, Economics, IT, Law or related disciplines
· Professional qualification such as member of or certified (CIA, CPA, CISA, etc.) by a recognized accounting or internal auditing body (PRC, ISACA, IIA, etc.)
· Relevant banking/ financial certification will be an added advantage
· Minimum 4-5 years of experience in internal/external audit (preferably within the banking and financial technology/Fintech sector).
· Experience in either IT Audit, IT General Controls, Application Controls, Integrated Audit, and other similar experience from audit firms or other companies with IT Audit functions will be an added advantage.
· Relevant experience in front line operations, AML/CFT audit, onboarding, finance, risk management or compliance functions within the sector may also be considered for the role
· Relevant experience in second line of defense functions such as governance, risk, and compliance functions with experience in Technology Risk and Controls Self-Assessment or IT policies and procedures review or creation may also be considered for the role.
· Office in BGC, Taguig
· Dayshift, hybrid work setup