CHIEF COMPLIANCE OFFICER (CEBU)

Private Advertiser; Cebu City; On-site; PHP 3,500,000 - 7,500,000; Full time

Benefits offered by this job

Job summary

Private Advertiser seeks a Chief Compliance Officer to lead and integrate all compliance activities, ensuring adherence to Bangko Sentral ng Pilipinas regulations and company policies. The role reports to the Board through the Corporate Governance Committee and drives a strong compliance culture across the organization.

The candidate should have extensive knowledge of BSP rules, AML, and internal controls, plus at least 5 years in compliance management within BSP-supervised banks.

Qualifications

• Bachelor's degree in Accountancy, Business Administration, Finance, Economics or similar.
• Master's degree in Business Administration or similar.
• Certification/licence (CPA, CIA, and/or JD) preferred but not required.
• At least 5 years of relevant compliance management experience in BSP-supervised financial institutions.

Responsibilities

• Leads and integrates all compliance activities across the organization.
• Oversees the Corporate Compliance Program and maintains compliance culture.
• Acts as liaison with Bangko Sentral ng Pilipinas on regulatory matters.
• Reports to the Board via the Corporate Governance Committee.

Skills

Regulatory compliance

Banking regulations

Compliance program leadership

Risk assessment

Policy development

Team leadership

Verbal and written communication

Education

Bachelor's degree in Accountancy / Business / Finance

Master's degree in Business Administration

CPA / CIA / JD (preferred)

Job description

The Chief Compliance Officer leads, directs and integrates all compliance activities to ensure that the Board of Directors, management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company's standards of conduct.

The Chief Compliance Officer oversees the Corporate Compliance Program, functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization.

The Chief Compliance Officer spearheads the spread of "Compliance culture" throughout the firm in cooperation with the key culture disseminators in the firm, including, but not limited to the Executive and the Human Resources department. He/She act as the chief liaison officer with the Bangko Sentral ng Pilipinas on matters relating to the banks CAMEL ratings or similar ratings/review. He/She prepares recommendations to the Board that improve the overall compliance culture of the bank.

Duties & Responsibilities:

• Leads, directs, and integrates all compliance activities within the organization

• Oversees Corporate Compliance Program

• Spearheads spread of "compliance culture"

• Act as chief liaison officer with the Bangko Sentral ng Pilipinas

• Reports directly to the Board of Directors through the Corporate Governance Committee

Minimum Job Requirements:

• Bachelor's degree in Accountancy, Business Administration, Management, Finance, Economics, or any similar discipline is required for this positon

• Master's degree in Business Administration, or any similar discipline

• Certification/Professional license (Certified Public Accountant, Certified Internal Auditor, and/or Juris Doctor) preferred but not required

• Must have at least 5 years of relevant experience in managing compliance functions in any BSP-supervised financial institutions (BSFI)

Knowledge, Skills and Abilities Required:

• Must be highly knowledgeable in the bank regulations set forth by the Bangko Sentral ng Pilipinas outlined in the Manual of Regulations for Banks.

• Must have working knowledge in various laws relevant to the practice of compliance functions of BSFI including, but not limited to the Anti-Money Laundering Law

• Must be highly knowledgeable in anti-money laundering, regulatory compliance, bank internal controls, compliance risk assessment, testing, and monitoring

• Ability to propose, negotiate, mediate and resolve arising complaints and compliance issues of varied level and nature.

• Strong critical thinking and problem-solving skills to be able to formulate and execute effective and relevant compliance programs

• Strong ability to lead and manage teams

• Strong verbal and written communications skills