AML & Compliance Assurance Specialist

SB Finance; Philippines; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

SB Finance, a young, rapidly growing financial institution in the Philippines, seeks a Compliance Testing specialist to ensure implementation and compliance with laws, rules and internal policies including AMLA, Counter Terrorism Financing and other financial crimes guidelines.

You will test adequacy of controls, monitor regulatory breaches, and prepare monitoring reports for senior management, coordinating with Head of Compliance to rectify issues and support risk-based decision making.

Qualifications

• Experience in compliance, audit, risk covering multiple areas.
• Knowledge of key current regulatory change initiatives and impacts on business.
• Strong interpersonal skills with the ability to communicate effectively with both Compliance and Business.
• Ability to support decisions with sound reasoning. Ability to clear articulate business and regulatory implications of analysis and findings.
• Highly motivated self starter with proven ability to work collaboratively within teams and to deliver on time.

Responsibilities

• Test adequacy of controls in place within the business and to identify potential and actual breaches
• To elevate regulatory breaches to the respective Head of the Department or Division and Senior Management through the Head of Compliance Department in order that the appropriate action can be undertaken to rectify.
• To monitor the action taken to address or rectify the noted breaches and prepare or produce monitoring reports to both Business and Senior Management relevant to Compliance Monitoring and Review.
• Manage the planned production, delivery and completion of compliance monitoring plans.
• Develop and maintain the ability to support decision with sound reasoning, supported by laws, rules, regulations or internal policies or best practices and understand the business risk to articulate business and regulatory implications in relation to the findings
• Maintain and keep of abreast of applicable regulatory issuance and relate to the conduct of compliance testing.
• Other functions that may be assigned from time to time.

Skills

Compliance testing

Regulatory change awareness

Risk assessment

Stakeholder communication

Self-starter

Job description

SB Finance, a young, rapidly growing financial institution in the Philippines, seeks a Compliance Testing specialist to ensure implementation and compliance with laws, rules and internal policies including AMLA, Counter Terrorism Financing and other financial crimes guidelines.

You will test adequacy of controls, monitor regulatory breaches, and prepare monitoring reports for senior management, coordinating with Head of Compliance to rectify issues and support risk-based decision making.