COMPLIANCE ANALYST

Metrobank; Taguig; On-site; PHP 260,000 - 420,000; Full time

Job summary

Metrobank is seeking a Compliance Analyst to support and monitor the compliance system across international branches and subsidiaries, ensuring adherence to host country regulations and internal policies. This role involves researching laws, preparing data for audits, and coordinating responses to audit findings.

Based in Metrobank Center, Taguig, the position focuses on maintaining documentation, updating adherence practices, and supporting regulatory compliance initiatives for overseas banking

Qualifications

• Bachelor's Degree in Business and/or equivalent required.
• Good written and verbal communication skills.

Responsibilities

• Assists in providing support, overseeing and monitoring compliance for international branches/subsidiaries.
• Researches and maintains host country banking regulations and relevant rules.
• Prepares data and documents to support audit findings.
• Assists in preparation of reports and correspondence for audits.
• Maintains schedules and databases for audited entities to track regularization.
• Encodes data and analyzes causes of major exceptions from audit reports.
• Coordinates with units to regularize exceptions identified.
• Evaluates processes and documents for compliance with standards and policies.

Skills

Communication skills

Education

Bachelor's Degree in Business

Job description

Here at Metrobank, we don't 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 Metrobank's strong heart for the community, you have the chance to give back and make worthwhile contributions to our nation's economic and social development. With Metrobank, a meaningful life is within your reach!

Position Title: Compliance Analyst

Job Summary

Role Exposure

• 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

• Bachelor's 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