Compliance Analyst

UniTeller; Taguig; On-site; PHP 420,000 - 720,000; Full time

Job summary

A financial services company is seeking a Compliance Analyst to conduct daily reviews of transactions, regulatory compliance, and documentation. This role involves detailed interactions with agents and the preparation of compliance reports. The ideal candidate should possess strong analytical skills and be detail-oriented. Training will be provided, and the position is based in Taguig City.

Responsibilities

• Daily review of OFAC and Blacklist, frozen transactions, hold transactions, false positives, potential matches and watch list.
• Daily interaction with selling agents, LRC, remitters and beneficiaries to obtain IDs regarding such potential matches.
• Compilation of data and documents and obtaining IDs and evidence of source of funds for various transactions over $3,000.
• Preparation of LRC/Selling Agent transactions over various dollar thresholds subject for approval.
• Preparing list of transactions needing IDs and evidence of source of funds for further action.
• Enter information into the system and alert compliance staff of missing data.
• Assist in transaction monitoring of SUT customers regarding aggregated reports.
• Assist in monitoring and conducting investigations for SAR/STR.
• Preparation of reports such as SAR/STR and CTR for further investigation.
• Review High Risk Customer EDD reviews.
• Maintain regular contact with SUT sub-agents to obtain necessary customer information.
• Perform timely review of hold transactions.
• Handle blacklisting of customers if necessary.
• Release customers/transactions related to OFAC Screening.
• Perform transaction update reviews.
• Handle Asia payer’s requests for enhanced due diligence requirements.
• Assist in compilation of documentation for annual due diligence review.
• Respond to findings and recommendations from audit and process reviews.
• Attend required trainings and complete within timelines.
• Provide assistance to the UFI Compliance Department when needed.
• Provides assistance to the UFI Compliance Department when needed.

Job description

Overview

We\'re Hiring: Compliance Analyst

Location: Trade and Financial Tower, BGC, Taguig City

Company: Uniteller Filipino, Inc.

Are you detail-oriented, analytical, and passionate about regulatory compliance? Join our team at Uniteller Filipino, Inc., a trusted MSB company committed to excellence and integrity in financial services.

Responsibilities

• Daily review of OFAC and Blacklist, frozen transactions, hold transactions, false positives, potential matches and watch list;
• Daily interaction with selling agents, LRC, remitters and beneficiaries to obtain IDs regarding such potential matches and interaction with sales agents and Call Center regarding same and obtaining approvals for release of same upon reviews of IDs or directing further action;
• Compilation of data and documents from same and obtaining of IDs and evidence of source of funds of various transactions of $3,000 and over and other txs being investigated under BSA/AML reviews for various time periods;
• Daily preparation of LRC/Selling Agent transactions over various dollar thresholds (remitters and beneficiaries) and other aggregated LRC/Selling Agent transactions over various thresholds over various time frames subject for approval of SR. BSA
• Preparing list of such LRC/Selling Agent transactions needing IDs and evidence of source of funds, transmitting list to other Compliance staff responsible for the respective LRCs/Selling Agents and assisting to obtain from respective LRCs/Selling Agents the requested IDs and evidence of source of fund;
• Enter information obtained into system and work with Compliance staff to alert SAR specialist and/or UFI Compliance Officer of data not received; and
• Interaction with Call Center Supervisors and Compliance staff re: all the above.
• Assist in transaction monitoring of SUT customers in relation to daily, monthly, quarterly, and yearly aggregation report.
• Assist SR BSA in monitoring and conducting investigation for possible SAR/STR (suspicious activity/transaction report) and CTR (covered transaction report)
• Assist SR BSA in preparation of report such as but not limited to potential SAR/STR, CTR and other related BSA/AML related reports to be submitted to Senior BSA Analyst for further investigation.
• Assist SR BSA in reviewing High Risk Customer EDD reviews.
• Maintain regular contact with SUT sub-agents and Asia payers to obtain necessary information about customers their transactions and account activities.
• Perform timely review of hold transactions.
• Responsible for blacklisting of customers, if necessary.
• Release customers/transactions related but not limited to OFAC Screening
• Perform transaction update reviews.
• Handle Asia payer’s request for enhanced due diligence requirements.
• Assist UFI Compliance Officer in OFAC Screeningand compilation of documentations required to be submitted by the tie-up partners as part of UFI’s Annual Due Diligence review.
• Assist Senior BSA Analyst and UFI Compliance Officer in responding to findings and recommendations from various initiatives (audit, process reviews etc.) and implementation of program enhancements.
• Attend required trainings and complete within the required timeline.
• Provides assistance to the UFI Compliance Department when needed.

Qualifications

Not specified.