senior Internal Audit ManagerBahay Financial Services, Inc.

Job Summary:
Acts as Deputy to oversee the entire Audit Department when the Department Head is not around. He/She is responsible for the management of Internal Audit operations applying a risk-based, strategic, systematic, and disciplined approach to assist the Department Head in ensuring that the company:
Meets its business objectives.
Has effective internal controls policies and procedures in place
Comply with the requirements of regulators and external auditors
Responsibilities:
Provides an assessment on the adequacy and effectiveness of the Company's processes for controlling its activities and managing its risks to attain Company's goals and mission
Implements the annual audit plan, as approved, including as appropriate any special tasks or projects requested by management.
Evaluates and assesses significant merging/consolidating functions and new or changing services, processes, operations, and control processes coincident with their development, implementation and/or expansion
Provide guidance and expertise to staff and participate in the conduct of a wide range of services, with a particular focus on complex and specialized issues, including audits, controls reviews, remediation projects, and assistance with regulatory compliance.
Develop team members by encouraging individuals to think for themselves and take responsibility for their contributions to the team. Conduct timely performance reviews and provide performance feedback/training. Develop technical expertise -both functional and industry
Reports significant issues related to processes for controlling the activities of the Company and its affiliates, including potential improvements to those processes, and provide information concerning such issues
Performs follow-up reviews with client management to ascertain the resolution of observations and recommendations in the audit report
Keeps Department Head informed of emerging trends and successful practices in internal auditing
Ensures the Internal Audit resources are appropriate, sufficient and effectively deployed to accomplish the annual plan
Maintain relationships with other engagement teams and monitor team progress against plan and drive performance as required.
Candidates must be well versed with Systems Audit, Financial Audit
Industry Experience must be from Bank , CPA and preferably CIA, etc.
Years of Experience must be at least 10 years Managerial or Senior in Level
Can consider Candidates from Audit Firm as long as they were assigned to IT, Bank during their employment.
Candidates must be fluent in the English language
Candidates must be well experienced in People and Stakeholder Management
Willing to work Onsite for 5 days
Willing to work in BGC and can start immediately or within 30days
Mid-Senior Level / Manager Accounting and Finance Banking / Mortgage 1 opening Bachelor's degree graduate
Bahay Financial Services, Inc. or BFS Inc. is a pioneering multinational mortgage servicing company that was established in 2005 by an institutional investment fund managed by a leading global fund manager.We are a mortgage servicer. As a mortgage servicer, the services of BFS are classified into two primary buckets:1. Regular Servicing: is what a servicer do for performing loans. Performing loans are loans with payments that are up to date. Regular servicing is the preferred 1st way out - we bill, collect and perform credit administration services for the borrowers whose payments are up to date. We go after borrower for their regular payment.2.Special Servicing: is what a servicer do to mitigate total loss of a loan that has become non-performing. TO mitigate the loss, the following maybe resorted to: A.Remedial Management - a loss mitigation effort that involves working out a loan modification with the original borrower whose capacity to pay based on the original terms has been challenged. This is the 1st option to recovery when a loan has become non-performing. This type of servicing is the core of what we do - simply because we want to, as much as possible, resolve the loan with the original borrower. This we do by doing field work, and call outs to try and negotiate a possible loan modification. Loan modification is simply the restructuring of the loan - changing its payment terms and principal based on the financial circumstances of the original borrower. B.Default Management is a loss mitigation effort that occurs when financial resolution of the original borrower is no longer feasible. Under default management, we go after the property once all efforts have been exhausted with the original borrower. Since remedial management doesn't seem to be a viable option anymore, then we resort to foreclosing the property, securing it and eventually finding a buyer for a third party property sale.We are located at 23rd Floor RCBC Savings Bank Corporate Center, 26th Street, Bonifacio Global City, Taguig.Walk In Applicants are encouraged to apply. Please bring an updated copy of your resume and a valid ID.You may call us at 7848230 loc 587 or 370
Kalibrr

Taguig City, Metro Manila
Permanent
Full-time