Compliance Assistant

Malayan Savings Bank; Philippines; On-site; PHP 223,000 - 357,000; Full time

Job summary

Malayan Savings Bank is seeking a Compliance Assistant to support the Compliance Team in maintaining adherence to AML, regulatory requirements, and internal policies.

The role is ideal for fresh graduates interested in Banking, AML, Regulatory Compliance, Risk Management, and Compliance Testing, with responsibilities spanning monitoring, review of transactions, and reporting while handling confidential information with integrity.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Legal Management, Economics, Banking, or related fields.
• Fresh graduates are welcome to apply.
• Candidates with internship or entry-level experience in banking, compliance, or finance are an advantage.
• Willing to learn banking regulations, AML/CTF requirements, and compliance processes.

Responsibilities

• Assist in monitoring compliance with AMLA, regulatory requirements, and internal policies and procedures.
• Support compliance testing and monitoring activities to assess adherence to regulatory and internal requirements.
• Assist in reviewing transactions, customer information, and relevant documentation for potential AML/compliance concerns.
• Help identify, document, and elevate compliance exceptions and findings.
• Assist in conducting research and monitoring new or amended regulatory issuances.
• Prepare compliance reports, working papers, and documentation for review.
• Support the implementation and updating of compliance policies and procedures.
• Coordinate with various departments regarding compliance findings and required corrective actions.
• Maintain accurate and confidential compliance records.
• Perform other compliance-related duties as assigned.

Skills

Analytical skills

Attention to detail

Communication skills

Microsoft Excel

Microsoft Word

Willingness to learn

Confidentiality

Education

Bachelor's degree in Finance, Accounting, Business Administration, Legal Management, Economics, Banking, or related field

Tools

Microsoft Excel

Microsoft Word

Job description

We are looking for a Compliance Assistant to join our Compliance Team and support the Bank in maintaining compliance with applicable laws, regulations, AML requirements, and internal policies. This is an excellent opportunity for fresh graduates who are interested in pursuing a career in Banking, Anti-Money Laundering (AML), Regulatory Compliance, Risk Management, and Compliance Testing.

Key responsibilities

• Assist in monitoring compliance with AMLA, regulatory requirements, and internal policies and procedures.

• Support compliance testing and monitoring activities to assess adherence to regulatory and internal requirements.

• Assist in reviewing transactions, customer information, and relevant documentation for potential AML/compliance concerns.

• Help identify, document, and elevate compliance exceptions and findings.

• Assist in conducting research and monitoring new or amended regulatory issuances.

• Prepare compliance reports, working papers, and documentation for review.

• Support the implementation and updating of compliance policies and procedures.

• Coordinate with various departments regarding compliance findings and required corrective actions.

• Maintain accurate and confidential compliance records.

• Perform other compliance-related duties as assigned.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, Legal Management, Economics, Banking, or other related courses.

• Fresh graduates are welcome to apply.

• Candidates with internship or entry-level experience in banking, compliance, or finance are an advantage

• Strong analytical and attention-to-detail skills.

• Good written and verbal communication skills.

• Proficient in Microsoft Office applications, particularly Excel and Word.

• Willing to learn banking regulations, AML/CTF requirements, and compliance processes.

• Able to handle confidential information with professionalism and integrity.