Compliance Associate

BC Remit and Money Exchange Services; Angeles; On-site; PHP 360,000 - 600,000; Full time

Benefits offered by this job

Hefty Monthly Incentive

Health insurance

Opportunities for promotion

Paid training

Job summary

BC Remit and Money Exchange Services is seeking a Compliance Associate to help protect customers and ensure secure transactions. You will monitor activity, verify customer information, and stay updated on AML, CFT, and OFAC requirements.

The role involves using AI-driven tools, conducting risk assessments, and supporting regulatory reporting. Ideal candidates possess a relevant degree, strong attention to detail, and excellent communication skills.

Qualifications

• Bachelor's degree in business, finance, law, or related field.
• Excellent attention to detail and analytical mindset.
• Interest in AI and emerging technologies.
• Strong communication skills, written and verbal.
• Experience with compliance software or databases is a plus.

Responsibilities

• Transaction monitoring and escalation of unusual activity.
• CDD/KYC to verify customer identities.
• Watchlist screening and sanctions investigations.
• Maintain AML/CFT/OFAC regulatory knowledge.
• Prepare regulatory reports and support audits.

Skills

Attention to detail

Analytical mindset

AI interest

Communication skills

Integrity and trustworthiness

MS Office

Government ID

Education

Bachelor's degree

Tools

Compliance software

Databases

AI-driven tools

Job description

About the role

As a Compliance Associate, you will help protect people and safeguard customers by ensuring every transaction is secure. You'll work in a compliance team focused on monitoring financial activity, verifying customer information, and maintaining regulatory standards. This role offers the opportunity to develop expertise in Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and sanctions screening while learning to use innovative AI-driven compliance tools.

Key responsibilities

• Transaction Monitoring: Monitor customer transactions to identify unusual activity and escalation concerns clearly and promptly.
• Risk & Pattern Detection: Leverage innovative tools and AI-driven technology to identify patterns indicating potential financial or compliance risks.
• Identity Verification: Perform Customer Due Diligence (CDD) and Know Your Customer (KYC) processes to verify customer identities accurately.
• Watchlist Screening: Cross-check names against global watchlists and thoroughly investigate any potential matches or hits found during sanctions screening.
• Regulatory Compliance: Maintain up-to-date knowledge of and apply key regulations, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and OFAC sanctions.
• Reporting & Auditing: Assist in preparing clear regulatory reports and maintain detailed, organized records to ensure transparency, traceability, and seamless auditor review.
• Risk Management: Conduct risk assessments and develop practical strategies to manage risks effectively.
• Professional Development: Participate in ongoing training to continuously build skills in compliance methodologies and advanced technical tools.

About you

• Bachelor's degree required (business, finance, law, or related field preferred)
• Excellent attention to detail
• Strong analytical mindset
• Interest in innovation and emerging technologies, especially AI
• Good communicator, both verbally and in writing
• Comfortable with Microsoft Office Suite
• Integrity and trustworthiness with ability to keep information confidential
• Interest or experience in financial services, banking, fintech, or AI (bonus)
• Familiarity with compliance software, databases, or AI-driven tools (bonus)
• Government Issued ID (Preferred)

Benefits

• Hefty Monthly Incentive
• Health insurance
• Opportunities for promotion
• Paid training