Anti-Money Laundering Act (AMLA) Compliance Officer

Monroe Consulting Group; Manila; On-site; PHP 400,000 - 600,000; Full time

Job summary

A leading gaming platform in the Philippines is seeking an AMLA Compliance Officer based in Muntinlupa City. This role involves ensuring compliance with AML laws and regulations, developing AML policies, conducting risk assessments, and training staff. Ideal candidates will have a strong educational background in Commerce or Finance and relevant experience in AML compliance.

Qualifications

• Extensive experience as AMLA Compliance Officer required.
• Familiarity with legal and regulatory frameworks e.g., AMLA.
• Adequate knowledge of money laundering risks and financing.

Responsibilities

• Ensure compliance with AMLA and related regulations.
• Develop and maintain AML policies and procedures.
• Prepare Suspicious Transaction Reports for AML Council.

Skills

Compliance

Risk Assessment

Investigation

Transaction Monitoring

Customer Due Diligence (CDD)

Education

Master's or Bachelor's degree in Commerce, Finance, or similar

Job description

Executive search firm Monroe Consulting Group Philippines is recruiting on behalf of a rapidly growing gaming platform in the Philippines. Our client, a proudly Filipino online sportsbook and eGames platform, is gaining recognition in the gaming and sports entertainment industries. They are also a trusted partner of the Philippine government in promoting responsible gaming. Our client is looking for an Anti-Money Laundering Act (AMLA) Compliance Officer. The position is based in Muntinlupa City, Metro Manila, with on-site working arrangement.

Key Job Responsibilities

• Ensure compliance with the Anti-Money Laundering Act (AMLA) and related regulations
• Develop, implement, and maintain AML policies and procedures
• Monitor and review transactions for suspicious activity
• Conduct investigations and prepare Suspicious Transaction Reports (STRs) for submission to the Anti-Money Laundering Council (AMLC)
• Perform customer due diligence (CDD) and enhanced due diligence (EDD) as required
• Train employees on AML compliance and awareness
• Coordinate and communicate with regulatory bodies (e.g., AMLC)
• Maintain accurate records of AML activities and reports
• Conduct periodic AML risk assessments and internal audits
• Stay updated with AML laws, regulations, and best practices

Key Job Requirements:

• Master's or Bachelor's degree in Commerce, Finance, or a similar field.
• With extensive experience as AMLA Compliance Officer.
• Relevant AML skills and proficiency.
• Familiarity with the pertinent legal and regulatory framework and the execution of policies, controls, and procedures.
• Adequate knowledge and comprehension of risks associated with money laundering and terrorist financing.
• Experience in the identification, evaluation, and management of such risks.