Head of Internal Audit Department

Agribank PH; Metro Manila; On-site; PHP 2,000,000 - 3,000,000; Full time

Job summary

The Head of Internal Audit Department will lead the bank's internal audit function, ensuring governance, risk management, and internal control processes are effective and aligned with regulatory requirements and best practices.

This on-site role, based in Metro Manila, will oversee the planning, execution, and reporting of risk-based audits across all branches and departments, including credit, operations, finance, IT, and compliance.

Qualifications

• Expertise in Financial Risk Management and Internal Controls, risk-based auditing.
• Extensive banking/internal audit experience with leadership in audit teams.
• Bachelor's in Accounting/Finance/Business; CPA/CIA/CFE or equivalent preferred.
• Knowledge of Philippine banking regs, BSP rules, governance and compliance.

Responsibilities

• Oversee planning, execution, and reporting of risk-based audits across branches and departments.
• Review audit reports, approve actions, mentor the audit team, and coordinate with external auditors.

Skills

Financial risk management

Internal controls

Risk-based auditing

Governance

Regulatory compliance

Auditing leadership

Education

Bachelor's degree in Accounting, Finance, or Business

CPA

CIA

CFE

Job description

BEST EMPLOYERS IN THE BANKING & FINANCIAL SERVICES CATEGORY

(Source: Philippine Daily Inquirer and Statista's The Philippine Best Employers for 2023, 2024, 2025, & 2026)

CANDIDATE SHOULD HAVE A STRONG & SOLID BACKGROUND IN INTERNAL AUDIT IN THE FINANCING INDUSTRY

The Audit Head shall be responsible in the over-all management of the Internal Audit Department and shall be responsible in the execution of major departmental projects. The Audit Manager sees to it that main departmental KRAs and KPIs of the unit are met.

Role Description

The Head of Internal Audit Department will lead the bank's internal audit function, ensuring that governance, risk management, and internal control processes are effective and aligned with regulatory requirements and best practices. This full-time, on-site role, based in Metro Manila, will oversee the planning, execution, and reporting of risk-based audits across all branches and departments, including credit, operations, finance, IT, and compliance. The role involves developing and maintaining the annual audit plan, reviewing audit methodologies, and providing independent, objective assurance and advisory services to senior leadership and the Board or Audit Committee. The Head will review and approve audit reports, recommend corrective actions, and monitor the implementation of agreed-upon improvements. The position also includes coordinating with external auditors and regulators, mentoring and supervising the internal audit team, and promoting a culture of integrity, accountability, and continuous improvement throughout the organization.

BASIC POSITION REQUIREMENTS

• Expertise in Financial Risk Management and Internal Controls, including risk-based auditing, control design and assessment, and compliance with relevant banking regulations.
• Extensive experience in internal audit within banking or financial services, with progressive leadership responsibility in managing audit teams and functions.
• Bachelor's degree in Accounting, Finance, Business, or a related field; relevant professional certifications such as CPA, CIA, CFE, or similar are highly preferred.
• In-depth knowledge of Philippine banking regulations and standards, including BSP requirements and industry best practices in governance, risk, and compliance.