Internal Audit Officer

City Savings Bank; Pasig; On-site; PHP 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Professional development

Job summary

City Savings Bank is seeking an Internal Audit Officer to join its Internal Audit team in Pasig City, Metro Manila. This full-time role focuses on safeguarding assets, evaluating controls, and ensuring regulatory compliance across business operations.

You will lead audits, test transactions, document findings, and collaborate with external auditors and regulators to strengthen governance and risk management. A CPA/CIA or similar certification is highly desirable.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• CIA/CPA or similar certification is highly desirable.
• 3–5 years' experience in internal audit, compliance, or risk management, preferably in banking.
• Knowledge of internal audit standards and ISPPIA.
• Understanding of banking operations and regulatory requirements.
• Proficiency with audit software and data analysis.

Responsibilities

• Conduct comprehensive internal audits of departments, assessing controls and risk management.
• Develop and execute audit plans based on identified risk areas.
• Test financial transactions and systems to identify irregularities.
• Prepare audit reports with findings and recommendations.
• Follow up on audit findings to ensure remediation.
• Collaborate with external auditors and regulators during inspections.
• Assist in evaluating IT systems, data integrity, cybersecurity controls.
• Maintain audit documentation per standards and bank requirements.

Skills

Internal audit knowledge

Regulatory compliance

Analytical thinking

Communication skills

Education

Bachelor's degree in Accounting/Finance/Business Administration

Tools

Audit software

Microsoft Office

Job description

About the role

City Savings Bank is seeking a dedicated Internal Audit Officer to join our Internal Audit function on a full-time basis. This role is positioned in Pasig City, Metro Manila and represents a critical opportunity to contribute to the integrity, compliance and operational effectiveness of our organisation.

As an Internal Audit Officer, you will play a vital role in safeguarding the Bank's assets, evaluating the effectiveness of our internal controls, and ensuring adherence to regulatory requirements and internal policies. Your work will directly support senior management and the Board in maintaining the highest standards of governance and risk management across all business operations.

What you'll be doing

• Conduct comprehensive internal audits of various departments and functions, assessing the adequacy and effectiveness of internal controls, risk management processes and governance frameworks
• Develop and execute audit plans based on identified risk areas, ensuring systematic coverage of key business processes and operational units
• Perform detailed testing and analysis of financial transactions, records and systems to identify irregularities, inefficiencies and areas of non-compliance
• Evaluate compliance with applicable laws, regulations, Board policies, management directives and established procedures across the organisation
• Prepare detailed audit reports documenting findings, observations and recommendations for management improvement
• Follow up on previously identified audit findings and recommendations to ensure timely remediation and implementation of corrective actions
• Investigate suspected irregularities and fraud incidents as directed, gathering evidence and documenting findings in accordance with established protocols
• Assist in the evaluation and testing of IT systems, data integrity and cybersecurity controls to ensure information security and system reliability
• Maintain comprehensive audit documentation and working papers in accordance with professional audit standards and Bank requirements
• Collaborate with external auditors and regulatory authorities during audit inspections and examinations
• Contribute to the continuous improvement of audit methodologies, tools and processes within the Internal Audit function

What we're looking for

• Bachelor's degree in Accounting, Finance, Business Administration or a related discipline
• Relevant professional certification such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or similar qualification is highly desirable
• Minimum of 3-5 years' experience in internal audit, compliance, or risk management functions, preferably within the banking and financial services industry
• Strong knowledge of internal audit standards, frameworks and best practices, including familiarity with the International Standards for the Professional Practice of Internal Auditing (ISPPIA)
• Solid understanding of banking operations, regulatory requirements and financial controls applicable to the banking sector
• Proficiency in audit software and tools, as well as competency with Microsoft Office applications and data analysis
• Excellent analytical, problem-solving and critical thinking skills with the ability to identify risks and control gaps
• Strong written and verbal communication skills with the ability to present findings clearly to both technical and non-technical audiences
• Demonstrated integrity, objectivity and professional judgment in conducting audit activities
• Ability to work independently while collaborating effectively with colleagues across various business units
• Attention to detail and a commitment to maintaining high standards of accuracy and thoroughness in audit work
• Familiarity with financial systems and databases used in banking operations is advantageous

What we offer

City Savings Bank is committed to creating a supportive and rewarding workplace for our employees. We offer a competitive compensation package that reflects your expertise and contribution to our organisation. Our benefits include comprehensive health insurance coverage, retirement and pension plans, and opportunities for continuous professional development and training to support your career advancement.

We recognise the importance of maintaining a healthy work-life balance and foster a collaborative, inclusive workplace culture where your contributions are valued and respected. We encourage applications from all qualified candidates and remain committed to supporting diverse talent through our recruitment process.

About us

City Savings Bank is a trusted financial institution dedicated to providing reliable banking services and innovative financial solutions to our customers. With a strong commitment to operational excellence, integrity and customer satisfaction, we have built a reputation as a dependable partner in the financial services industry. Our organisation values professional ethics, continuous improvement and the development of our talented workforce. We operate with a focus on sound governance, effective risk management and regulatory compliance, ensuring that we maintain the trust and confidence of our stakeholders and customers.