Internal Auditor (Banking)

WELCOME BANK (RURAL BANK), INC.; Metro Manila; On-site; PHP 480,000 - 600,000; Full time

Job summary

Welcome Bank (Rural Bank), Inc. in Ortigas, Pasig City is seeking an experienced Internal Auditor for a full-time role. You will conduct independent evaluations of banking operations and regulatory compliance to safeguard assets and support management decisions.

The role requires 2–4 years in audit or risk, with strong knowledge of banking regulations and excellent analytical and communication skills. This on-site position offers stable development within a respected rural bank environment.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration or related field.
• 2–4 years of internal audit, external audit or risk management experience.
• Strong knowledge of banking operations and regulatory requirements.
• Excellent analytical and communication skills.
• Ability to work independently and as part of a team.

Responsibilities

• Plan, conduct and document internal audit activities across banking functions.
• Evaluate internal controls and risk management processes.
• Perform compliance audits for AML and banking regulations.
• Assess operational efficiency and recommend improvements.
• Prepare audit reports with findings and recommendations.
• Follow up on management's corrective actions and monitor effectiveness.
• Coordinate with external auditors and regulators as required.
• Maintain comprehensive audit documentation and working papers.

Skills

Internal audit

Regulatory compliance

Analytical skills

Communication skills

Risk assessment

Independent worker

Education

Bachelor's degree in Accounting/Finance

Job description

About the role
Welcome Bank (Rural Bank), Inc. is seeking an experienced Internal Auditor to join our team for full-time in Ortigas, Pasig City. As an Internal Auditor, you will be responsible for conducting independent and objective evaluations of our banking operations and compliance frameworks. This position plays a crucial strategic role in safeguarding the bank's assets, ensuring regulatory adherence, and supporting management decision-making through comprehensive audit findings and recommendations.

Key responsibilities

• Plan, conduct and document internal audit activities across all banking functions, including operations and compliance areas

• Evaluate the effectiveness of internal controls, risk management processes and governance frameworks within the bank

• Perform compliance audits to ensure adherence to regulatory requirements, banking regulations, anti-money laundering (AML) policies and other applicable legislation

• Assess operational efficiency and recommend process improvements to enhance productivity and reduce operational risks

• Prepare detailed audit reports documenting findings, conclusions and actionable recommendations for management

• Follow up on management's implementation of audit recommendations and monitor the effectiveness of corrective actions

• Collaborate with external auditors and regulatory bodies as required to support audit and examination activities

• Maintain comprehensive audit documentation and working papers in accordance with professional auditing standards

What we're looking for

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

• Minimum of 2-4 years of experience in internal audit, external audit or risk management, preferably in the banking and financial services sector

• Strong knowledge of banking operations, regulatory requirements and compliance frameworks applicable to rural banks and financial institutions

• Solid understanding of internal control principles, risk assessment methodologies and audit procedures

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

• Strong written and verbal communication skills, with the ability to present complex audit findings clearly to management and non-technical audiences

• Attention to detail and commitment to maintaining accuracy and integrity in audit work

• Ability to work independently and collaboratively within a team environment

• Can report to work as soon as possible