Internal AuditorStreetcorner

What Does a Bank Internal Auditor Do?
A bank internal auditor is responsible for performing objective, independent, and reliable assessments of the effectiveness of a bank's risk management activities, its compliance with applicable regulations, and its internal control-environment.
Job Description
Examine and evaluate the effectiveness and adequacy of the internal control systems
Perform review of the effectiveness and application of risk assessment methodologies and risk management procedures
Review financial and management information systems, including the electronic banking services and electronic information system
Perform review of means, techniques, or methods of safeguarding assets
Perform review of system applied by the bank in evaluating its capital vs estimated risk
Perform evaluation of the economy and operational efficiency
Perform test on both the functioning of specific internal control procedures and transactions
Perform review on established systems for ensuring codes of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies
Perform special investigations; and carry out tests on the timeliness and reliability of the regulatory reporting.
Requirements - Skills, Abilities, and Knowledge - for Bank Internal Auditor Role
Possess Bachelor's degree in the accounting field, or in a business or related discipline. Possessing related experience and equivalent education may also be accepted to work as a bank internal auditor
3-5 years experience working in the banking or auditing field, or in an area relevant to the assigned responsibilities
With experience in finance and accounting
With experience in Bank or Remittance systems is a plus
Deep understanding of the concept of process and risk management; and banking and auditing
Strong decision making, communication, and interpersonal skills
Strong working knowledge and ability to use MS Office and other standard software application tools
Strong aptitude for easy and quick learning of audit, analytical, or/and facilitation skills
Possess CPA