Internal Auditor

Bank of China (Hong Kong); Taguig; On-site; PHP 600,000 - 900,000; Full time

Job summary

Bank of China (Hong Kong) is seeking an experienced internal audit professional to independently examine and improve risk management, internal control, and governance processes.

The role involves planning inputs, risk assessment, and monitoring reports, developing audit programs, conducting on-site inspections, and preparing work papers and reports for review by the Head of Internal Audit. CPA/CIA certification and 3–5 years of banking audit experience are required.

Qualifications

• Bachelor’s degree in Accountancy, Internal Auditing, Finance, Business Administration, or related field.
• CPA and/or CIA certification.
• At least 3–5 years of experience in the regular audit (internal or external) of a Universal Bank or Commercial Bank as auditor-in-charge, senior auditor or audit manager.

Responsibilities

• Assist in providing inputs to the annual audit plan, risk assessment, submission and monitoring of monthly and quarterly reports to Group Audit - HK.
• Identify issues for various departments using off-site tools and ensure timely resolution.
• Develop audit programs and conduct on-site inspections according to audit missions.
• Prepare work papers and assist in internal audit reports, reviewed by Head/Manager of Internal Audit.
• Follow up on outstanding issues and actions from internal/external control functions including regulator and Group Audit inspections.
• Communicate results to Internal Audit Manager/Head of Internal Audit as required.
• Document and file audit missions per applicable Standards for The Professional Practice of Internal Auditing.
• Depository of information in Internal Audit folders per local regulations.
• Provide inputs to update internal audit policies and procedures according to plan.
• Assist Group Auditors with on-site and off-site examinations of the Branch.

Skills

Auditing

Analytical skills

Communication

Education

CPA or CIA

Job description

To independently and objectively examine, evaluate and improve the effectiveness of risk management, internal control and governance processes of the bank.

Duties and Responsibilities:

• Assist in providing inputs to the annual audit plan, risk assessment, submission and monitoring of monthly and quarterly reports to Group Audit - HK
• Determine any issues for various departments, through use of off-site tools for analysis (for example reports from the system), so that issues can be highlighted and resolved on a timely basis
• Work according to the audit missions, develop specific audit programs: collation, research and analyze related data and conduct on-site inspections
• Prepare work papers and assist in the preparation of the internal audit reports for each mission, which will be reviewed and approved by the Head of Internal Audit and/or Internal Audit Manager
• Participate in the follow-up of outstanding issues and resolution actions in relation to pending recommendations from internal and external control functions (including regulator and Group Audit inspections)
• Communicate to the Internal Audit Manager/Head of Internal Audit the internal audit function, regulators, internal departments and management, results of internal audit work according to their requirements
• Execute proper documentation and filing of audit missions, in accordance with applicable Standards for The Professional Practice of Internal Auditing
• Execute proper depository of information in Internal Audit folders, in relation to local regulations
• Provide inputs in the update of internal audit policies and procedures in accordance with the internal audit plan
• Assist Group Auditors with their onsite and offsite examination of the Branch including their conduct of thematic audits and special reviews.

Job Specifications:

• Bachelor’s degree in Accountancy, Internal Auditing, Finance, Business Administration, or related field
• Certified Public Accountant (CPA) and/or Certified Internal Auditor (CIA)
• At least 3-5 years of experience in the regular audit (internal or external) of a Universal Bank or Commercial Bank as auditor-in-charge, senior auditor or audit manager.