Senior Internal Auditor

Private Advertiser; Vigan; On-site; PHP 700,000 - 1,200,000; Full time

Job summary

Vbank, operated by Vigan Banco Rural Incorporada and overseen by the BSP, seeks an experienced Senior Internal Auditor to provide independent assurance on governance, risk management, internal controls, and financial processes. The role may require additional tasks and varying frequency beyond this description.

The ideal candidate has 5+ years in internal or external audit within banking or financial services, a relevant bachelor’s degree, and preferably a CPA.

Qualifications

• 5+ years of internal audit, external audit, banking, or financial-services experience.
• Bachelor's degree in Accountancy, Accounting, Finance, Business Administration, or related field.
• CPA is preferred.
• Experience in banking or other regulated financial institutions is strongly preferred.
• Must be willing to travel to Vigan City, Ilocos Sur, as needed for business operations.
• Candidates based in NCR, Ilocos Sur, or Vigan City are preferred.

Responsibilities

• Develop and execute risk-based audit programs.
• Identify significant operational, financial, compliance, technology, and control risks.
• Assist in preparing the annual internal audit plan.
• Determine appropriate audit scope and procedures.
• Conduct branch, operational, financial, credit, IT, and compliance audits.
• Review policies, procedures, transactions, records, and internal controls.
• Perform substantive and compliance testing.
• Identify control weaknesses and process deficiencies.
• Prepare audit working papers and audit reports for Management and appropriate governance bodies.
• Provide practical recommendations for corrective action and monitor implementation of agreed corrective actions.

Education

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

Job description

About the role

The Senior Internal Auditor provides independent and objective assurance regarding the effectiveness of the Bank's governance, risk management, internal controls, financial processes, operational processes, and regulatory compliance. From time to time, the role may be required to undertake additional tasks and frequency that may not be specified in this description.

Key responsibilities

• Develop and execute risk-based audit programs.
• Identify significant operational, financial, compliance, technology, and control risks.
• Assist in preparing the annual internal audit plan.
• Determine appropriate audit scope and procedures.
• Conduct branch, operational, financial, credit, IT, and compliance audits.
• Review policies, procedures, transactions, records, and internal controls.
• Perform substantive and compliance testing.
• Identify control weaknesses and process deficiencies.
• Prepare audit working papers and audit reports for Management and appropriate governance bodies.
• Provide practical recommendations for corrective action and monitor implementation of agreed corrective actions.
• Experience dealing with BSP IT Technology Risk.

About you

• At least 5 years of internal audit, external audit, banking, or financial-services experience.
• Bachelor's degree in Accountancy, Accounting, Finance, Business Administration, or related field.
• Experience in banking or other regulated financial institutions is strongly preferred.
• CPA is preferred.
• Demonstrates honesty and professional ethics.
• Maintains professional independence from audited departments.
• Communicates audit findings clearly.
• Bases conclusions on evidence.
• Must be willing to travel to Vigan City, Ilocos Sur, as needed for business operations.
• Candidates based in NCR, Ilocos Sur, or Vigan City are preferred.

About us

Vbank is provided by Vigan Banco Rural Incorporada which is supervised by the Bangko Sentral ng Pilipinas (BSP).