Compliance Analyst

Umpisa Inc; Philippines; Hybrid; PHP 420,000 - 650,000; Full time

Job summary

Umpisa Inc. is seeking a Compliance Analyst to safeguard the organization by ensuring adherence to laws, regulations, and internal policies across our operations in the Philippines and regional activities.

The role involves monitoring compliance activities, conducting research, reviewing documents, and supporting the development and implementation of policies, procedures, and training programs for staff and management. Strong analytical and communication skills are essential.

Qualifications

• Bachelor's degree or equivalent in a relevant field.
• Experience in compliance, risk management, auditing, or quality assurance is advantageous.
• Knowledge of regulatory requirements and internal controls is preferred.

Responsibilities

• Monitor and assess the organization's compliance with applicable laws, regulations, and internal policies.
• Conduct compliance reviews, audits, and risk assessments to identify gaps and improvement areas.
• Review, validate, and maintain compliance-related documents, reports, and records.
• Research regulatory requirements and communicate updates to stakeholders.
• Develop and maintain compliance policies, procedures, and monitoring reports.
• Investigate potential issues and assist in corrective and preventive actions.
• Collaborate with internal departments to ensure adherence to standards.
• Prepare compliance reports and present findings to management.
• Support audits and regulatory inspections as needed.
• Monitor completion of compliance training and promote awareness of policies.

Skills

Strong communication

Analytical skills

Problem solving

Self-starter

Team collaboration

Scrum experience

Education

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

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

Requirements

• 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