Compliance Analyst

Metrobank; Philippines; On-site; PHP 350,000 - 520,000; Full time

Job summary

Metrobank is seeking a Compliance Analyst to support and monitor its international branches. You will research host country banking regulations, gather data for audit replies, prepare reports, and maintain organized files for audits across overseas branches.

The role involves coordinating with units, evaluating corrective actions from audits, and ensuring adherence to internal policies and local regulations. Based in Metrobank Center, Taguig.

Qualifications

• Bachelor's degree in Business or equivalent.
• Good written and verbal communication skills.

Responsibilities

• Researches, gathers, and maintains laws, regulations and practices covering the operations of international branches/subsidiaries.
• Prepares data/documents to support replies to audit findings and other compliance matter requirements of the international branches/subsidiaries.
• Assists in the preparation of reports (e.g. regularization reports [RR]), inter-office letters (IOLs), follow-up memos to international branches/subsidiaries regarding compliance issues.
• Prepares schedules and maintains database and/or file folders for each international branches/subsidiaries audited to easily track the regularization and/or resolution of audit findings and to monitor actions required.
• Encodes data and performs analysis of the causes of major and recurring exceptions based on audit reports.
• Assists in coordinating with units to facilitate the regularization of exceptions.
• Evaluates and recommends corrective actions identified in internal and external audit reports as well as exceptions cited by the Controllership Group.
• Evaluates processes and reference materials/documents to ensure compliance with established standards, internal policies and procedures as well as local and host country regulations.
• Safekeeps and maintains inventory listings of duplicate or original signed files/documents submitted by remittance units or foreign offices.
• Encodes/prepares schedules and correspondence and maintains the department’s file folders.
• Performs other related functions that may be assigned from time to time.

Skills

Written communication

Verbal communication

Regulatory research

Attention to detail

Education

Bachelor's degree in Business and/or equivalent

Job description

Job Description:

Be #InGoodHands with Metrobank! Here at Metrobank, we dont simply hire employees—we hone future leaders. We provide opportunities that enhance your skills and unlock your talents, helping you evolve into a well-rounded individual. We supply you with all the pieces you need to do your best work, unleashing your full potential to help you secure your future and lead a fulfilling career. And with Metrobanks strong heart for the community, you have the chance to give back and make worthwhile contributions to our nations economic and social development. With Metrobank, a meaningful life is within your reach!

Position Title:

Compliance Analyst

Job Summary:

• Assists the department in carrying out its primary task of providing support, overseeing and monitoring the implementation by international branches/subsidiaries of the compliance system

Role Exposure:

• Researches, gathers, and maintains laws, regulations and practices (e.g., host country banking regulations, relevant regulatory rules etc.) that cover the operations of international branches and subsidiaries.
• Prepares/gathers/validates as needed, data/documents to support replies to the audit findings and other compliance matter requirements of the international branches/subsidiaries.
• Assists in the preparation of reports (e.g. regularization reports [RR]), inter-office letter (IOLs), follow-up memo to international branches/subsidiaries regarding compliance issues (e.g., operational guidelines updates, implementation of new policies, monitoring of unresolved items, etc.).
• Prepares schedules and maintains database and/or file folders for each international branches/subsidiaries audited to easily track the regularization and/or resolution of audit findings and to monitor the actions which still needs to be taken.
• Encodes data and performs analysis of the causes of major and recurring exceptions based on the internal and external/regulatory audit reports.
• Assists in coordinating with the appropriate/concerned units as required, facilitates the regularization of excepted items.
• Evaluates and recommends to immediate supervisor appropriate corrective actions as identified in the internal and external audit reports as well as exceptions cited by the Controllership Group.
• Assists in evaluation of the processes, practices and reference materials/documents submitted by international branches/subsidiaries in ensuring compliance with established standards, internal policies and procedures as well as local and host country regulations.
• Safekeeps and maintains inventory listings of either duplicate or originally signed files/documents (e.g., remittance agreements for remittance tie-ups, remittance correspondent agents, etc.) submitted by remittance units or by foreign offices.
• Encodes/prepares needed schedules/correspondences and maintains the department’s file folders.
• Performs other related functions that may be assigned from time to time.

Qualifications:

• Bachelors Degree in Business and/or equivalent
• Good written and verbal communication skills

Other Details:

Rank: Rank and File

Unit: Overseas Banking Group / Strategic Support Division/

Compliance Governance and Administration Department

Location: Metrobank Center, BGC, Taguig City