Chief Audit Executive (Banking)

BGC, Taguig | On-site | Mon–Friday

Role Overview

The Chief Audit Executive leads the Bank’s overall internal audit function, ensuring independent and objective assurance on governance, risk management, internal controls, and regulatory compliance. The role is responsible for overseeing operational, financial, compliance, and IT audits while ensuring alignment with BSP, PDIC, and industry standards.

Key Responsibilities

Audit Governance & Strategy

• Develop and implement the Bank’s annual audit strategy and risk-based audit plan.
• Establish and enhance internal audit policies, frameworks, and procedures.
• Provide independent assessments of governance, risk management, and control processes.
• Ensure audit methodologies remain aligned with regulatory and industry best practices.

Internal Audit Oversight

• Lead enterprise-wide operational, financial, compliance, branch, and IT audits.
• Review audit findings, validate root causes, and recommend corrective actions.
• Ensure accuracy, reliability, and timeliness of audit reports and recommendations.
• Monitor remediation activities and validate closure of audit issues.

Risk & Regulatory Compliance

• Evaluate risks related to operations, financial reporting, regulatory compliance, cybersecurity, and reputational exposure.
• Ensure compliance with BSP, PDIC, and other applicable banking regulations.
• Coordinate with regulators during examinations and external reviews.
• Present audit observations and action plans to senior management and the Audit Committee.

Leadership & Stakeholder Management

• Lead and mentor the Internal Audit Division to achieve operational excellence.
• Manage departmental budget, workforce planning, and performance objectives.
• Collaborate with business leaders to strengthen internal controls and risk awareness.
• Support talent development and succession planning within the audit team.

Qualifications

• Graduate of BS Accountancy, Finance, or related field
• CPA preferred; Master’s degree is an advantage
• Certifications such as CIA, CISA, CRMA, CFSA, or CFE preferred
• At least 10 years of audit experience within banking or financial services
• Strong background in enterprise risk assessment and internal controls
• Exposure to IT, digital banking, AI, or automation audits is an advantage