POSITION SUMMARY:
The Director, Compliance is responsible for the day to day management of the AML compliance program and compliance team. The position is the Company’s AML Compliance Officer.
PRIMARY RESPONSIBILITIES:
1. Management of the AML compliance program and related activities including:
i. Maintains policies and procedures, and updates for changes in processes or instructions from regulators or corporate headquarters.
ii. Establishes processes, monitors and analyzes to ensure AML procedures including KYC and customer due diligence continue to meet regulatory requirements, and are effectively applied across all ‘three lines of defense’.
iii. Oversees transaction monitoring to ensure suspicious transactions are identified, escalated and appropriately documented, reports are submitted in accordance with regulators’ requirements, and patrons are banned where required.
iv. Oversees covered transaction reporting, ensuring complete and accurate reports are submitted in accordance with regulatory requirements.
v. Performs AML institutional risk assessments.
vi. Organizes and acts as chairperson for AML Committee meetings.
vii. Responds to enquiries and requests for information from regulatory authorities.
viii. Delivers and coordinates AML training.
ix. Looks for opportunities to optimize processes through automation.
x. Performs AML Compliance Officer role for the Company as required by applicable regulations.
2. Manages and oversees of the AML Compliance team, including assigns work tasks; reviews and oversees work performed; and coaches and mentors team members.
3. Prepares internal and external reports for company’s management, board/board committees and regulators.
4. In consultation with the Legal department, keeps abreast of new regulatory requirements and enforcement actions in the Philippines, and incorporates associated updates into AML policies and procedures where applicable.

5. Collaborates with other departments to direct compliance issues to appropriate channels for investigation and resolution.
6. Participates in internal/external audits of relevant AML compliance risks and controls and ensures audit findings are remediated appropriately and promptly.
7. Helps to maintain a Compliance culture across the business, and ensures there is
adequate awareness of compliance requirements, and sufficient training is provided to relevant employees.
8. Other related duties as assigned by the VP Compliance or SVP Chief Risk Officer.
9. Recommends and/or executes management policies to hire, transfer, suspend,
layoff, recall, discharge, re-assign or discipline employees.
QUALIFICATIONS:
I. Experience
1. Senior level experience working in compliance or audit disciplines for large corporations. Experience in gaming or financial services sectors, or other similar highly regulated industries, would be an advantage.
2. A proven executive with at least 10 years’ experience.
3. Experience in managing a team.
II. Education
1. Bachelor's degree or equivalent, preferably in Commerce/Business/Law.
2. Relevant professional qualifications such as CPA, CAMS (Certified Anti-Money Laundering Specialist).
III. Skills / Competencies
1. Detailed knowledge of AML laws, and understanding of the design and execution of programs to monitor compliance with the related requirements.
2. High level of analytical skills.
3. Impeccable integrity and independence of mind with the courage to address important issues.
4. A challenging but consultative management style, with strong conflict resolution skills.
5. A self-starter with a high level of motivation and commitment.
6. Good communication, interpersonal skills, and the ability to establish strong working relationships at all levels.