CreditBank PNG is recruiting for a suitable candidates for the role of Banking Assurance Officer.

The incumbent will report to Manager Banking Assurance, the role is responsible for leading the strategy and execution of bank assurance as First Line of Defence (1LOD) for CreditBank PNG. It is also responsible for overseeing risk management, compliance and operations assurance within the bank. The role ensures that banking activities align with regulatory requirements, internal policies and industry best practices. The role is based in Port Moresby.

Key Responsibilities:

• Ensure the bank complies with regulatory, legal, and internal policies.
• Develop and implement assurance framework to mitigate financial and operational risks.
• Work with regulators and auditors to ensure smooth compliance and banking audits.
• Monitor banking processes to ensure adherence to best practices.
• Implement and oversee internal control measures to minimize fraud and financial crimes.
• Identify gaps in operational processes, recommend, and implement.
• Ensure branches and departments adhere to risk management policies.
• Coordinate internal and external audits and follow up on audit findings with banking business.
• Analyse financial reports and transactions to detect irregularities.
• Implement corrective actions to address audit recommendations.
• Ensure Staff are trained on regulatory compliance and risk mitigation strategies.
• Maintain documentation of assurance and compliance activities.
• Collaborate with Senior Management to align assurance strategies with business goals.
• Provide regular reports on compliance, risk status, and audit outcomes.

Qualifications and Skills:

Education:

• Bachelor’s degree in finance and business administration or equivalent.

Experience:

• 3-5 years’ experience in a similar role

Technical Skills:

• Construct sound internal controls and monitor adherence to these standards.
• Evaluate business activities to assess compliance risks.
• Assist business to develop procedures, process and implement effective framework.
• Sound Knowledge of the market condition
• Knowledge of Financial Services Policies and Procedures
• Establishment of business development strategies to achieve outcomes.
• Strong Operational Knowledge of Banking Assurance and Compliance.

Application process:

If you think you have what it takes to be in this role, we would like to hear from you.

Applications close on Monday 26th October 2026, and must provide the following:

• A cover letter.
• A current CV with the names of three (3) contactable referees
• Current Police Clearance

Applications must be addressed to:

The Head of People & Culture

Credit Corporation (PNG) Limited

P O Box 1787

Port Moresby, 121

National Capital District

Applications can be emailed to [email protected]