AML Compliance Officer

BillEase; Makati; On-site; PHP 900,000 - 1,800,000; Full time

Job summary

BillEase in Manila is seeking an AML Compliance Officer to lead the bank's AML/CTF program, aligning with BSP regulations and AMLA guidelines. You will manage CDD/EDD, and supervise CTRs and STRs while ensuring timely reporting.

You will oversee transaction monitoring, calibrate alert rules, prepare regulatory filings, and support BSP examinations. The role requires 3–5+ years in financial crime compliance, CAMS or equivalent certification, and strong analytical and reporting skills.

Qualifications

• Bachelor’s degree in Finance, Law, or related field.

Responsibilities

• Formulate and enforce MTPP governance.
• Drive KYC, Source-of-Wealth, and EDD for PEPs.
• File CTRs and STRs with regulators and ensure timely reporting.
• Monitor transactions and calibrate alert rules within monitoring systems.
• Prepare BSP prudential and AMLC examination readiness.
• Perform periodic AML risk assessments across the enterprise.
• Oversee sanctions screening against OFAC/UN/EU watchlists.

Skills

Analytical thinking

Written communication

Attention to detail

Education

Bachelor’s degree in Finance, Law, or related field

Tools

Transaction monitoring systems

Job description

The AML Compliance Officer is responsible for maintaining the bank's Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) program. This role manages and implements the institution's Money Laundering and Terrorism Financing Prevention Program (MTPP) in strict alignment with Bangko Sentral ng Pilipinas (BSP) regulations, the Anti-Money Laundering Act (AMLA, R.A. 9160, as amended), and Anti-Money Laundering Council (AMLC) guidelines.

This role is responsible for detecting, preventing, and reporting suspicious financial activities, ensuring strict adherence to global and local financial regulations. The role is responsible for overseeing Customer Due Diligence (CDD/EDD) frameworks, evaluating high-risk alerts, and ensuring the timely, accurate execution of Covered Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs). Additionally, this position safeguards the institution against financial crimes, sanctions non-compliance (OFAC/UN Security Council), and regulatory penalties through continuous risk assessments, transaction monitoring, and employee training.

Key Responsibilities

• MTPP Governance: Formulate, continuously update, and enforce the Board-approved Money Laundering and Terrorism Financing Prevention Program tailored to the institution's risk profile.
• CDD & EDD Oversight: Drive Know-Your-Customer (KYC) protocols, ensuring rigorous identity verification, Source-of-Wealth checks, and Enhanced Due Diligence (EDD) for Politically Exposed Persons (PEPs) and high-risk customers.
• Regulatory Reporting (AMLC GoTRACS): Ensure mandatory filing of Covered Transaction Reports (CTRs) and conduct end-to-end investigations into escalated alerts and complex financial cases. Prepare and file Suspicious Transaction Reports (STRs) with relevant regulatory authorities within mandated timeframes, maintaining zero "tipping-off" violations.
• Transaction Monitoring: Monitor financial transactions using automated systems to identify unusual or suspicious patterns, red flags, and potential money laundering activities.
• Transaction Monitoring Calibration: Perform periodic reviews and mandatory annual calibrations of alert detection rules and thresholds within automated monitoring systems.
• Regulatory Audit Readiness: Serve as the primary point of contact during BSP prudential examinations and AMLC compliance assessments, ensuring swift remediation of any findings.
• Risk Assessments: Perform periodic enterprise-wide AML risk assessments to identify vulnerabilities, evaluate control effectiveness, and propose risk-mitigation strategies.
• Sanctions & Screening: Oversee Politically Exposed Persons (PEP) and sanctions screening processes against OFAC, UN, EU, and local watchlists.Monitoring and updating of the bank's AML Blacklist/Sanctions List based on BSP memorandums and its effectivity.
• Training & Advisory: Design and deliver annual AML training programs for employees across departments; advise business lines on AML risk for new products, clients, or geographic expansions.

Qualifications & Requirements

• Education: Bachelor’s degree in Finance, Law, or a related field.
• Experience: 3-5+ years of direct experience in AML compliance, financial crime investigation, or regulatory oversight within banking, fintech, or financial services.
• Certification: CAMS (Certified Anti-Money Laundering Specialist) or ICA Diploma in Governance, Risk and Compliance strongly preferred.
• Technical Skills: Hands-on experience with transaction monitoring systems.
• Soft Skills: Strong analytical thinking, exceptional written communication for narrative reporting, high ethical standards, and meticulous attention to detail.