Job Summary
Ensures the timely and effective execution of the audits and other works assigned; manages the projects, functions, activities, and resources of the engagement team, if assigned as Team Lead.
Job Duties and Responsibilities
Audit Functions:
- Documents, evaluates and tests systems and controls to determine adequacy and effectiveness, ensuring:
o compliance with policies,
o accomplishment of management's objectives
o reliability and integrity of information
o economical use of resources
o safeguarding of assets
- If assigned in a model validation project:
o Participates or supports the creation, maintenance and execution of validation procedures.
o Develops initial validation templates or reviews team's developed model validation templates
and executes preliminary quantitative validation techniques
oAnalyzes model related risks such as input data, assumption, concept, methodology, process,
and implementation
oReviews model documents, conducts initial test runs on model code or model quantitative
approach
o Supervises model validation procedures such as model simulation, model output recalculation,
logical/statistical testing
- Prepares working papers to support audit procedures conducted and issues noted, for review by the Audit Manager/ Audit Division Head.Documents all observations regarding operations and transactions audited, highlighting weaknesses or discrepancies.
- Ensures completeness of working papers that documents the audit procedures done and supports individual findings and recommendations.
- Ensures that assignments are conducted in accordance with the IIA Standards and IAG Internal Audit Manual.
- Manages the engagement team if assigned as Team Lead.
- Supervises and coaches Audit Associates, if assigned as Team Lead.
- Reviews audit findings and recommendations of Audit Associates or team members prior submission to Audit Manager for checking, if assigned as Team Lead
- Develops and discusses findings, recommendations and timelines for corrective action with audit clients and monitors the implementation status of agreed recommendations.
- Provides initial audit ratings and prepares draft reports (i.e., Executive Summary and Detailed Report) and other engagement-related documents for submission to Audit Manager for review (if assigned).
- Encodes unresolved issues in the Issue Track Register or tracking system (if assigned).
- Conducts special project (if assigned).
- Assists in the preparation of engagement-specific audit plans and planning documents, updating of the audit program guides, and monitoring of outstanding issues.
Other Functions:
- Serves as Marshal (Team/Assistant Team/Floor/ Wing) (if assigned).
- Participates in Human Resources Group and Customer Experience initiatives.
- Carries out other tasks as may be assigned by the Audit Manager/ Audit Division Head.
Qualifications:
- Bachelor's Degree in Accountancy, IT, Internal Auditing, Computer Science, Economics, Statistics, Math or any business course.
- Minimum of two (2) years of audit work experience, preferably in a banking/financial institution or external auditing firm.
- Preferably a CIA, CPA, CISA or other relevant professional certifications/licenses.
About Us
PSBank is the thrift bank arm of the Metrobank Group. It started as a small neighborhood bank right at the heart of the historic Plaza Miranda in Quiapo, Manila, which used to be the country's commercial and business hub. We opened our first branch in the area on September 26, 1960. Backing our strength is our parent Metropolitan Bank and Trust Company (Metrobank), the banking arm of GT Capital Holdings, Inc., the publicly listed holding firm of the family of George S.K. Ty. We continue to strive to be the country's consumer and retail bank of choice by innovating our products and services to keep up with our clients ever-evolving needs. We also aim to be recognized as the banking leader in providing exceptional customer experience at every encounter. We have expanded our presence to over 250 branches and more than 600 ATMs nationwide.
