Internal Audit Associate

About the roleWelcome 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 responsibilitiesPlan, 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 forBachelor's degree in Accounting, Finance, Business Administration or related fieldMinimum of 1 year of experience in internal audit, external audit or risk management, preferably in the banking and financial services sectorStrong knowledge of banking operations, regulatory requirements and compliance frameworks applicable to rural banks and financial institutionsSolid understanding of internal control principles, risk assessment methodologies and audit proceduresExcellent analytical and problem-solving skills with the ability to identify control gaps and develop practical solutionsStrong written and verbal communication skills, with the ability to present complex audit findings clearly to management and non-technical audiencesAttention to detail and commitment to maintaining accuracy and integrity in audit workAbility to work independently and collaboratively within a team environmentCan report to work as soon as possible