Internal Audit Assistant (Banking)

Welcome Bank - Rural Bank; Pasig; On-site; PHP 350,000 - 650,000; Full time

Job summary

Welcome Bank - Rural Bank is seeking an Internal Audit Staff/Associate to join the Internal Audit and Compliance Team onsite. You will gain hands-on exposure to banking operations, internal controls, and regulatory compliance, with opportunities for professional development.

You will help evaluate processes, identify risks, and recommend improvements to strengthen controls and ensure regulatory adherence, while collaborating across units and contributing to audit policy updates.

Qualifications

• Bachelor's degree in Internal Audit or related field.
• 2–3 years of experience in internal/external auditing for banking/financial industry.
• Knowledge of audit methodologies, risk assessment, and compliance frameworks.
• Strong analytical and report-writing skills.
• Good communication and interpersonal abilities.
• Capable of working independently and collaboratively within a team.
• Detail-oriented with strong organizational skills.

Responsibilities

• Conduct operational and compliance audits across various departments.
• Review internal controls and assess risk exposure areas.
• Prepare clear, well-documented audit reports with practical recommendations.
• Coordinate with different units to validate findings and monitor corrective actions.
• Support the development, update, and implementation of audit policies and procedures.
• Monitor changes in banking regulations and accounting standards to ensure compliance.
• Participate in initiatives aimed at improving audit processes and internal governance.

Skills

Analytical skills

Report writing

Communication skills

Teamwork

Detail-oriented

Education

Bachelor's degree in Internal Audit, or related field

Job description

Position: Internal Audit Staff / Associate, Internal Audit and Compliance Team

Work Arrangement: Full-Time, Onsite

Role Overview

We are seeking a detail-oriented and analytical Internal Audit Associate to join the company by providing hands‑on exposure to banking operations, internal controls, and regulatory compliance, offering strong opportunities for professional development within the banking industry.

In this, you will assist in evaluating operational processes, identifying risks, and recommending improvements to strengthen internal controls and ensure adherence to regulatory requirements.

Key Responsibilities

• Conduct operational and compliance audits across various departments
• Review internal controls and assess risk exposure areas
• Prepare clear, well‑documented audit reports with practical recommendations
• Coordinate with different units to validate findings and monitor corrective actions
• Support the development, update, and implementation of audit policies and procedures
• Monitor changes in banking regulations and accounting standards to ensure compliance
• Participate in initiatives aimed at improving audit processes and internal governance

Qualifications

• Bachelor's degree in Internal Audit, or related field
• At least 2-3 years of experience in internal/external auditing for banking/financial industry
• Knowledge of audit methodologies, risk assessment, and compliance frameworks
• Strong analytical and report‑writing skills
• Good communication and interpersonal abilities
• Capable of working independently and collaboratively within a team
• Detail‑oriented with strong organizational skills