Internal Audit Staff

QUEEN CITY DEVELOPMENT BANK, INC.; Iloilo City; On-site; PHP 279,000 - 446,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Professional development

Training programmes

Flexible working arrangements

Job summary

Queen City Development Bank, Inc. is seeking an Internal Audit Staff to join our Audit team on a full-time basis in Iloilo City, Iloilo. The role supports governance, risk management, and internal controls by providing independent assurance on operational and financial processes.

The candidate will conduct audits across departments, branches, and subsidiaries, review controls, and help ensure regulatory compliance. Travel to branch locations may be required as part of the role.

Qualifications

• Bachelor’s degree in Accountancy, Finance, Business Administration, or a related field.
• Proficiency in accounting principles, banking regulations, and compliance frameworks applicable to financial institutions.
• Strong written and verbal communication skills to prepare audit reports and communicate findings to stakeholders.

Responsibilities

• Conduct routine and special internal audits of the bank’s departments, branches, and subsidiaries to assess internal controls and compliance.
• Evaluate risk management frameworks and recommend improvements to mitigate risks.
• Review financial transactions, processes, and activities for accuracy and regulatory adherence.
• Prepare audit working papers and reports with findings and recommendations.
• Follow up on audit recommendations and monitor issue resolutions.
• Assist in planning and executing compliance audits related to banking regulations and AML requirements.
• Support development and maintenance of audit programmes and methodologies.
• Collaborate with external auditors and regulatory authorities during audits.

Skills

Analytical skills

Problem-solving

Communication skills

Integrity

Travel readiness

Education

Bachelor’s degree in Accountancy, Finance, Business Administration, or related field

Job description

About the role

Queen City Development Bank, Inc. is seeking an Internal Audit Staff to join our Audit team on a full-time basis in Iloilo City, Iloilo. This role is fundamental to our commitment to maintaining the highest standards of governance, risk management, and internal controls across the organisation. As an Internal Audit Staff member, you will play a crucial part in safeguarding the bank's assets, ensuring compliance with regulatory requirements, and providing management with independent assurance on the effectiveness of our operational and financial systems. This position reports to the Head of Internal Audit and contributes directly to the bank's strategic objectives through proactive risk identification and process improvement recommendations.

Key responsibilities

• Conduct routine and special internal audits of the bank's departments, branches, and subsidiaries to assess the effectiveness of internal controls and compliance with policies and procedures

• Evaluate the adequacy and effectiveness of risk management frameworks and recommend improvements to mitigate identified risks

• Review financial transactions, operational processes, and administrative activities to ensure accuracy, propriety, and adherence to regulatory requirements

• Prepare detailed audit working papers and comprehensive audit reports documenting findings, observations, and recommendations for management action

• Follow up on the implementation of audit recommendations and monitor the timely resolution of audit issues raised in previous engagements

• Assist in the planning and execution of compliance audits related to banking regulations, anti-money laundering (AML) requirements, and other statutory obligations

• Support the development and maintenance of audit programmes, checklists, and audit methodologies

• Collaborate with external auditors and regulatory authorities during audit and examination activities

• Maintain confidentiality and professional integrity in all audit matters and communications

What we're looking for

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

• Proficiency in accounting principles, banking regulations, and compliance frameworks applicable to financial institutions

• Excellent analytical and problem-solving skills with the ability to identify control weaknesses and recommend practical solutions

• Strong written and verbal communication skills to effectively prepare audit reports and communicate findings to stakeholders at all levels

• Proficiency in Microsoft Office applications, particularly Excel, and experience with audit software or ERP systems is advantageous

• Attention to detail, organisational skills, and the ability to manage multiple audit assignments simultaneously

• Integrity, objectivity, and professional judgment in conducting independent audits

• Willingness to travel occasionally to branch locations for on-site audit activities

What we offer

At Queen City Development Bank, Inc., we are committed to creating a supportive and rewarding work environment for our employees. We offer a comprehensive benefits package including competitive salary and performance-based incentives, health and life insurance coverage, and professional development opportunities. We provide training programmes to enhance your audit skills and support your pursuit of professional certifications. Our bank promotes work-life balance through flexible working arrangements where applicable, and we foster a collaborative culture that values innovation and continuous improvement. We are an equal opportunity employer and encourage applications from qualified candidates of all backgrounds.

About us

Queen City Development Bank, Inc. is a financial institution dedicated to supporting economic development and community growth in the Visayas region. With a strong commitment to responsible banking practices, regulatory compliance, and stakeholder value creation, we serve as a trusted partner to businesses, entrepreneurs, and individuals. Our mission is to foster financial inclusion and sustainable development through innovative banking solutions and exemplary corporate governance. We pride ourselves on our professional team, robust risk management framework, and dedication to maintaining the highest standards of integrity and transparency in all our operations.