Chief Compliance Officer - Trust & Investments

AB Capital Group; Taguig; On-site; PHP 2,400,000 - 4,800,000; Full time

Job summary

AB Capital & Investment Corporation seeks a Head of Compliance to lead the independent compliance function for its Trust and Investments Division. This senior role requires regulatory judgment and experience interfacing with BSP examiners.

You will own the risk-based Trust Compliance Program, supervise staff, and coordinate with regulators on examinations, responses, and closure of findings. Strong knowledge of AML/CFT and fiduciary regulations is essential.

Qualifications

• At least 5 years of compliance, audit, or regulatory affairs experience, with meaningful exposure to BSP-regulated trust or asset management operations.
• Strong knowledge of MORNBFI-T, BSP circulars on trust and fiduciary business, and AML/CTF requirements.
• Experience managing BSP examinations, AREFs, or Letters of Commitment directly.
• Active monitoring of BSP issuances and emerging regulatory developments affecting trust operations.
• Bachelor’s degree in Law, Accountancy, Finance, or related field.

Responsibilities

• Regulatory Coordination and Reporting: Act as primary compliance contact with BSP and regulators; oversee regulatory submissions and closure of findings.
• Compliance Program Ownership: Design and maintain risk-based Trust Compliance Program; review annually and on material changes.
• Breach Management: Escalate breaches, require corrective actions with deadlines, and verify closure evidence.
• Regulatory Identification and Implementation: Evaluate new issuances, communicate requirements to units, monitor implementation.
• Independent Monitoring and Testing: Establish risk-based testing program; document scope, evidence, and conclusions.
• Investment Compliance: Monitor compliance across trust, IMA, UITF, and related activities including disclosures and conflicts of interest.
• Board Reporting and Staff Development: Report exposures and findings to Board; supervise personnel and ensure training.
• AML/CFT Program Leadership: Lead AML/CFT program including risk assessment, CDD, and beneficial ownership.
• AML/CFT Operations: Oversee screening, monitoring, alert investigations, and regulatory reporting.
• AML/CFT Training & Escalation: Train personnel; coordinate with BSP/AML C for significant risks; monitor corrective actions.

Skills

Regulatory coordination

Board reporting

Regulatory testing

Staff development

AML/CFT leadership

Regulatory affairs

Regulatory monitoring

Education

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

Job description

AB Capital & Investment Corporation seeks a Head of Compliance to lead the independent compliance function for its Trust and Investments Division. This senior role requires regulatory judgment and experience interfacing with BSP examiners.

You will own the risk-based Trust Compliance Program, supervise staff, and coordinate with regulators on examinations, responses, and closure of findings. Strong knowledge of AML/CFT and fiduciary regulations is essential.