Compliance Analyst

Umpisa Inc.; Makati; Hybrid; PHP 450,000 - 750,000; Full time

Job summary

Umpisa Inc. seeks a Compliance Analyst to ensure adherence to laws, regulations, internal policies, and industry standards.

The role involves monitoring compliance activities, researching regulatory requirements, and supporting implementation of policies and procedures. Responsibilities include conducting reviews and risk assessments, maintaining documentation, and collaborating with departments to address identified gaps.

Qualifications

• Bachelor's degree in Business Administration, Finance, Accountancy, Legal Management, or a related field.
• Experience in compliance, risk management, auditing, quality assurance, or a related role is an advantage.
• Experience in the Insurance industry.
• Knowledge of applicable regulatory requirements, internal controls, and compliance practices.
• Strong analytical, research, and problem-solving skills.
• Excellent written and verbal communication skills.
• High attention to detail and strong organizational skills.

Responsibilities

• Monitor and assess the organization's compliance with applicable laws, regulations, and internal policies.
• Conduct compliance reviews, audits, and risk assessments to identify potential gaps and areas for improvement.
• Review, validate, and maintain compliance-related documents, reports, and records.
• Research regulatory requirements and communicate relevant updates to stakeholders.
• Develop and maintain compliance policies, procedures, guidelines, and monitoring reports.
• Investigate potential compliance issues and assist in developing corrective and preventive action plans.
• Collaborate with internal departments to ensure adherence to regulatory requirements and company standards.
• Prepare compliance reports and present findings, recommendations, and identified risks to management.
• Support internal and external audits, regulatory inspections, and compliance reviews.
• Monitor the completion of compliance training and promote awareness of relevant policies and regulations.
• Maintain confidentiality and ensure the proper handling of sensitive information.

Skills

Strong communication

Analytical skills

Problem solving

Self-starter

Team collaboration

Scaled Agile

Education

Bachelor's degree in Business Administration, Finance, Accountancy, Legal Management, or related field

Tools

Excel

Word

PowerPoint

MS Office

Job description

At Umpisa Inc., our mission is to make the Philippines be known globally as a tech hub.

Umpisa Inc. is a progressive technology services company that partners with select industries, clients and people to work on pioneering and industry-changing solutions via digital transformation, modern software development and venture building.

We create a set of world-class and impactful products and solutions to help organizations and individuals live better lives. We offer demanding, challenging and rewarding careers in software development, product development, emerging technologies, and more for the right candidates.

Essential Skills:

• Aligns with our values: Excellence, Integrity, Professionalism, People Success, Customer Success, Fun, Innovation and Diversity
• Strong communication skills
• Strong problem solving and analytical skills
• Excellent problem-solving ability
• Would like to work as part of a self-organizing Scrum team in a scaled agile framework
• Must be a self-starter and loves to collaborate with the team and client

Work Set-up:

• Hybrid set-up
• October: On-site training in Singapore (travel provision included).
• November - December: Continuation of training on-site in Manila.
• Standard work arrangement resumes thereafter, in line with the assigned project's requirements.

Job Summary

The Compliance Analyst is responsible for ensuring that the organization complies with applicable laws, regulations, internal policies, and industry standards. This role involves monitoring compliance activities, conducting research and assessments, reviewing documentation, identifying potential risks, and supporting the implementation of compliance policies and procedures.

Key Responsibilities

• Monitor and assess the organization's compliance with applicable laws, regulations, and internal policies.
• Conduct compliance reviews, audits, and risk assessments to identify potential gaps and areas for improvement.
• Review, validate, and maintain compliance-related documents, reports, and records.
• Research regulatory requirements and communicate relevant updates to stakeholders.
• Develop and maintain compliance policies, procedures, guidelines, and monitoring reports.
• Investigate potential compliance issues and assist in developing corrective and preventive action plans.
• Collaborate with internal departments to ensure adherence to regulatory requirements and company standards.
• Prepare compliance reports and present findings, recommendations, and identified risks to management.
• Support internal and external audits, regulatory inspections, and compliance reviews.
• Monitor the completion of compliance training and promote awareness of relevant policies and regulations.
• Maintain confidentiality and ensure the proper handling of sensitive information.

• Bachelor's degree in Business Administration, Finance, Accountancy, Legal Management, or a related field.
• Experience in compliance, risk management, auditing, quality assurance, or a related role is an advantage.
• Experience in the Insurance industry.
• Knowledge of applicable regulatory requirements, internal controls, and compliance practices.
• Strong analytical, research, and problem-solving skills.
• Excellent written and verbal communication skills.
• High attention to detail and strong organizational skills.
• Proficiency in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Ability to handle confidential information and work independently or collaboratively.

Preferred Skills

• Regulatory monitoring and compliance reporting
• Risk identification and assessment
• Documentation and record management
• Audit support and control testing
• Policy and procedure development
• Stakeholder coordination and communication
• Data analysis and report preparation

Key Competencies

• Integrity and ethical judgment
• Analytical thinking
• Attention to detail
• Accountability
• Critical thinking
• Confidentiality
• Time management and adaptability