Qualifications:
Experience as Compliance Officer or equivalent role within the financial services and remittance industry.
Must possess excellent oral and written English and Filipino communications skills.
Good problem solving and decision-making skills.
Highly organized; able to keep schedules and commitments.
Has a keen eye for detail.
Responsibilities:
In accordance with the company’s policy, direct the BSP/AMLA programs and ensure compliance with BSP and AML laws, regulations and regulatory guidance under the direction of Management.
Perform transaction monitoring and investigates potential suspicious activity.
File and submit Suspicious Activity Reports within the stated reporting requirements.
Initiate applicable communication efforts with other financial institutions and law enforcement agencies, as required.
Oversee, develop and perform annual AMLA training for all staff; ensure timely training for new hires.
Participate and lead in briefings to management and staff about BSP/AMLA compliance issues, and respond to BSP/AMLA questions from branch and department personnel.
Develop, implement, update and maintain BSP operational policies and procedures.
Generate and perform reviews of Office of Foreign Asset Control (OFAC) reports within regulatory guidelines and guidance with reporting to regulatory agencies.
Act as the point of contact for regulators of BSP/AMLA matters
Conduct comprehensive Third-Party Due Diligence as a part of managing risk and ensuring compliance with regulations.
Ensure full compliance with the company’s policies and procedures.
Consult with the Corporate attorney as needed to resolve difficult legal compliance issues.
Provide reports on a regular basis, and as directed or requested, to keep senior management informed of the operation and progress of compliance efforts.
Develop, initiate, maintain, and revise policies and procedures for the general operation of the Compliance Program. Manage the day-to-day operation of the Program.
Prepare and submit truthful, accurate, complete and timely reports on assigned accounts whenever required (weekly, monthly, quarterly and annually) including analysis and recommendations.
Perform various admin-related work and submit corresponding documents to ensure compliance with office administration like HRD and Finance.
Performs other job-related duties that may be assigned by superior from time to time.