This is a full-time and regular position. The Internal Audit Officer provides support for knowledge, analytical mindset to audit client’s businesses, transactions, and internal control processes. Given the many opportunities to work with different clients and GPMI staff, Internal Audit learns to collaborate very fast.

Specific Tasks:

• Help identifies and assesses the compliance risks associated with GPMI’s current activities and proposed business activities.
• Conducts regular risks and compliance checks in the Operations Department specifically with the loan documentation processes, validation with the existing clients on loan use and that no disbursements were given to fictitious clients and businesses and fraud committed by and between the Account Officer and Client.
• Investigate and search for fundamental reasons for irregularities and errors.
• Prepare a strong and constructive periodical written report on the results of the audit, expressing opinions on the adequacy and effectiveness of the system of internal controls and the extent of compliance.
• Act on and report to Management urgent issues and concerns identified in the branch being audited and prepare correction audit plans on his findings.
• Conduct follow-up actions as recommended by the Management.
• Attend MANCOM meeting
• Takes on other duties and responsibilities as may be assigned by the Internal Audit and Compliance Manager/CEO and or Audit, Risks and Compliance Committee.

Additional Tasks:

a. Conducting Risk Assessment

• Assess risks assessment in the practices and procedures of other Departments and Units that may affect the Operations, in accordance with the risk management framework of GPMI.
• Write a report with recommended solutions to any findings.

b. Tracking and Analysis of Portfolio Performance

• Review the loan portfolio, in case of findings, propose corrective actions and monitor the implementation of such.
• Design various methods or approaches in tracking and analyzing the performance of the branch.
• Advise management on appropriate action to take.

Credit Cycle Process Reporting

• Conduct random or timely assessment of each of the processes in the loan cycle to determine the potential risk related to the account.
• Analyze the delinquency pattern and recommend appropriate corrective actions.
• Visit the branches periodically to evaluate and update the risk framework.
• Review the various stages of the credit process flow to identify superfluous or incorrect practices, and recommend efficient options.
• Validate information in the loan documents with clients and other key informants surrounding the business of clients.

• Own motorcycle and driver license
• Willing to be assigned in Quezon City, Caloocan, Marikina, Antipolo, Cavite and Laguna Area for validation and visitation