Bank Internal Auditor

Second Rural Bank San Luis Pampanga, Inc.; San Luis; On-site; PHP 446,000 - 1,339,000; Full time

Job summary

Second Rural Bank San Luis Pampanga, Inc. is seeking a Compliance and Internal Audit professional to ensure operations comply with BSP regulations and bank policies. You will evaluate internal controls and conduct audits across branches and processes, reporting findings to management and the Board.

The role requires reviewing policies, monitoring AML/KYC/CDD requirements, and identifying regulatory deficiencies. A background in rural bank auditing and strong integrity is essential.

Qualifications

• Bachelor's degree in a relevant field.
• At least two years external audit experience in rural banks or similar.
• Knowledge of banking operations, internal controls, risk management.
• Familiarity with BSP regulations and AML/CFT requirements.
• Willing to undergo banking/compliance training.

Responsibilities

• Monitor compliance with BSP regulations, AML/CFT, banking laws, and internal policies.
• Review and update compliance policies, procedures, and guidelines.
• Conduct regular compliance monitoring and testing.
• Assist in ensuring proper implementation of KYC and CDD requirements.
• Monitor compliance with AML policies and applicable regulations.
• Identify, document, and report compliance deficiencies and regulatory issues.
• Prepare compliance reports for Management, the Board of Directors, and relevant committees.
• Conduct independent audits of branches, departments, processes, and financial/operational activities.
• Evaluate the adequacy and effectiveness of internal controls.
• Identify weaknesses, irregularities, operational risks, and potential fraud indicators.

Skills

Analytical skills

Documentation

Communication

Problem-solving

Integrity

Independence

Education

Bachelor's degree in Accounting, Finance, Business Administration, Management, or related field

Tools

Microsoft Office

Data analysis tools

Job description

About the role

Responsible for ensuring that the bank's operations, policies, procedures, and internal controls comply with applicable laws, regulations, regulatory requirements, and approved bank policies. The position also independently evaluates the effectiveness of internal controls, identifies operational and compliance risks, and recommends corrective actions to strengthen the bank's governance and risk management framework.

Key responsibilities

• Monitor compliance with applicable BSP regulations, AML/CFT requirements, banking laws, and internal policies

• Review and update compliance policies, procedures, and guidelines

• Conduct regular compliance monitoring and testing

• Assist in ensuring proper implementation of Know-Your-Customer (KYC) and Customer Due Diligence (CDD) requirements

• Monitor compliance with Anti-Money Laundering (AML) policies and applicable regulations

• Identify, document, and report compliance deficiencies and regulatory issues

• Prepare compliance reports for Management, the Board of Directors, and relevant committees

• Conduct independent audits of branches, departments, processes, and financial/operational activities

• Evaluate the adequacy and effectiveness of internal controls

• Identify weaknesses, irregularities, operational risks, and potential fraud indicators

About you

• Bachelor's degree in Accounting, Finance, Business Administration, Management, or a related field

• At least two (2) years of experience in external audit or auditing rural banks, NSSLAs, or local cooperative banks. Alternatively, one (1) year of experience as an auditor-in-charge, senior auditor, or audit manager in larger financial institutions like universal, commercial, or thrift banks.

• Knowledge of banking operations, internal controls, risk management, and regulatory compliance

• Familiarity with BSP regulations and AML/CFT requirements is an advantage

• Strong analytical, documentation, communication, and problem-solving skills

• High level of integrity, confidentiality, objectivity, and independence

• Proficient in Microsoft Office and basic data analysis tools

• Willing to undergo relevant banking, compliance, AML, and internal audit training