Bank Internal Audit Head - up to 150k - Onsite in Makati

weSource Management Consultancy Firm; Makati; On-site; PHP 948,600 - 1,674,000; Full time

Job summary

A local bank consultancy is seeking an experienced Internal Audit Head for their team in Makati. This role requires oversight of internal audit processes, ensuring compliance with policies, and managing risks effectively. Candidates should have a master's degree or relevant certification, 7+ years in internal auditing with managerial experience, and knowledge of BSP requirements. The salary range is up to 150k PHP, with an onsite work setup from Monday to Friday.

Qualifications

• At least 7 years of Internal Auditing experience, with 5 years in a Managerial capacity.
• Exposure to senior leadership roles in a complex corporate structure.
• Proficiency in evaluating and enhancing internal controls.

Responsibilities

• Provide assurance that the company's controls are effective and complied with.
• Monitor and review all risks the company may be exposed to.
• Prepare and present reports reflecting audit results.

Skills

Internal Audit methodologies

Risk assessment

Stakeholder management

Control frameworks

Education

Relevant master's degree (MBA) or professional certification (CPA, CIA, CISA)

Job description

Bank Internal Audit Head - up to 150k - Onsite in Makati

Job Openings Bank Internal Audit Head - up to 150k - Onsite in Makati

About the job Bank Internal Audit Head - up to 150k - Onsite in Makati

We are looking for an Internal Audit Head for our local bank client in Makati

Set-up: Onsite in Makati
Schedule: Mon to Fri, dayshift
Rank: Manager to AVP Level Salary: Php 85k to Php 150k

Internal Audit Head Job Description

Responsibilities

• The primary responsibility of the Internal Auditor Head is to provide reasonable assurance to the board, senior management, and stockholders that the company's key organizational and procedural controls are effective, appropriate, and complied with.
• The Internal Audit Head is responsible for monitoring and reviewing all risks the companies shall be exposed to and establishing policies to minimize the company's exposure.
• Determine audit scope and annual audit plan for approval by the Audit Committee.
• Perform and control the full cycle audit over the operations effectiveness, financial reliability, and compliance with internal policies and procedures.
• Prepare and present reports that reflect audit results and document process.
• Verify the existence of assets and recommend proper safeguards for their protection.
• Review records to ensure that all expenses are properly substantiated.
• Identify risks and weak spots in the company procedures that may allow breaches in transparency.
• Recommend the appropriate changes to the policy if any weaknesses will allow irregularities.
• Report irregularities in the company procedures and recommend actions to avoid similar incidents.
• Investigate reported occurrences of fraud, embezzlement, theft, waste, pilferage, etc., and recommend remedial action.
• Audit the compliance officer and his subordinates to determine if procedures are being followed.
• Develop corporate audit policies and ensure that the Company adheres to and implements these policies in a manner that will optimize company resources and minimize risk.
• Direct a team of internal auditors to ensure that company policies are followed accordingly and to ensure accuracy and integrity when in the conduct internal audit of the Company.
• Direct the internal auditors to properly coordinate with external auditors during the conduct of audit of the Company.

Qualifications

• A relevant master's degree (MBA) or professional certification (CPA, CIA, CISA) is preferred.
• At least 7 years of Internal Auditing experience; 5 years in a Managerial capacity.
• Exposed to senior leadership roles acquired from a holding company or a complex corporate structure.
• Strong understanding of internal audit methodologies, risk assessment, and control frameworks.
• Ability to design and implement effective audit plans and strategies.
• Proficiency in evaluating and enhancing internal controls.
• Strong stakeholder management.
• Can interface with people across levels.
• Knowledge of BSP requirements.
• Has worked in the Banking Industry.