Audit Officer

3 days ago

Manila, National Capital Region, Philippines EastWest Bank Full time

About the Job

  • Location: Makati City
  • Corporate Title: Junior Officer - Manager
  • Work Arrangement: Hybrid

Our Internal Audit Team is looking for experienced professionals to join us in our Makati City site in the role of Audit Officer - Model Validator.

Your dream. Our focus.

East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience.

We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment.

Whether you're just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success.

What the role will entail:

  • Conduct and supervise the conduct of regular/focus/spot audits of units indicated in the department's annual audit work plan and conduct special/fraud investigations as assigned by the Section/Department Head.
  • Perform independent validation and periodic reviews of risk models to ensure that these remain relevant for the Bank's use.
  • Ensure that the different audit reviews/processes of the audit team are following sound internal auditing standards such as the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing and other supplemental standards issued by the regulatory authorities/government agencies, as well as the relevant code of ethics.
  • Conduct and document the preliminary risk assessment of the Model Validation (MV)/Audit in the Pre-Planning Memo

What we're looking for:

  • Graduate of Bachelor of Science in Mathematics (BS Math) or Bachelor of Science in Statistics (BS Statistics) or Bachelor of Science in Applied Statistics (BS Applied Statistics) or Bachelor of Science in Applied Economics.
  • At least 5 years of work experience in Model Validation/Development
  • Knowledge of various risk modeling techniques related to trading and liquidity management and Expected Credit Losses
  • Possess strong quantitative and analytical skills

What you can expect from joining our team:

  • Career development and training opportunities.
  • Competitive salary package and benefits.
  • Performance-based incentives and recognition programs to reward high-performing individuals.
  • Opportunity to work with industry experts and be mentored by them.
  • Defined career progression paths to guide you in your professional growth.

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