Compliance Officer

Remitly; Mandaluyong; Hybrid; PHP 1,800,000 - 3,200,000; Full time

Benefits offered by this job

Rice allowance

Transport allowance

Paid vacation

Medical, dental & vision

Life insurance

ESPP

Mental health & family benefits

Job summary

Remitly is seeking a Compliance Officer and AML Compliance Officer in the Philippines to oversee the compliance program for Remitly Philippines and manage regulatory risk. You will ensure full compliance with BSP rules for money service businesses and AMLA, reporting to the Head of Compliance APAC.

You will document procedures, liaise with BSP/AMLC, provide regulatory reporting, and implement a robust training and monitoring program across the organization, ensuring effective risk controls in a

Qualifications

• 10+ years of experience in compliance and AML in fintech/remittance.
• Proven knowledge of BSP and AMLC regulatory obligations.
• Strong problem solving and analytical skills.
• Excellent written and verbal communication with internal and external stakeholders.
• Discretion and high attention to detail.

Responsibilities

• Document compliance procedures and update manuals and documentation such as the MTPP.
• Act as point of contact for BSP, AMLC and other Philippine authorities.
• Provide regular compliance reporting to the Board and Management.
• Establish and maintain a compliance monitoring and reporting program.
• Define necessary knowledge on existing and emerging regulatory requirements.
• Maintain regulatory training programs and awareness for staff on obligations.
• Manage record keeping related to compliance breaches and regulatory submissions.
• Liaise with BSP, AMLC and authorities on examinations and inquiries.
• Oversee day-to-day AML policies, controls, and systems.
• Receive notifications from employees and act under AMLA and related acts.
• File CTRs and STRs within prescribed timeframes with AMLC.
• Collaborate with authorities and internal stakeholders on compliance matters.
• Identify vulnerabilities and propose action plans to mitigate risk.
• Monitor changes in laws and regulations and advise the business on implementation.
• Undertake ad hoc duties as required.

Skills

Regulatory compliance

AML expertise

BSP/AMLC knowledge

Analytical thinking

Stakeholder communication

Job description

Job Description

At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we've tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it's supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we're not just here to move money— we're here to move our global customers forward.

About the Role

Remitly is looking for a Compliance Officer and Anti-Money Laundering Compliance Officer in the Philippines. You will be responsible for overseeing the compliance program for Remitly Philippines and managing its regulatory and reputational risk. You will contribute to Remitly's mission by ensuring that Remitly's Philippine business maintains full compliance with applicable laws and regulations, including the Bangko Sentral ng Pilipinas (BSP) rules for money service businesses and the Anti-Money Laundering Act (AMLA) as amended. Reporting to the Head of Compliance APAC, you will assist in managing compliance and regulatory risks, using your strong analytical skills and keen eye for detail to adapt Remitly's services and controls to new business opportunities and changing regulatory requirements within the APAC region.

You Will

• Document the procedures of the compliance function and maintain and update (as necessary) compliance manuals and related documentation, including the Money Laundering and Terrorist Financing Prevention Program (MTPP);
• Act as the point of contact for the BSP, the Anti-Money Laundering Council (AMLC) and other competent Philippine authorities;
• Provide regular and timely compliance reporting and management information to the Board, Management and Group;
• Establish and maintain a compliance monitoring and reporting program to ensure that any compliance breaches are readily identified, reported and acted on;
• Define the necessary level of knowledge on existing and emerging regulatory compliance requirements;
• Maintain an appropriate regulatory training program and adequate awareness arrangements and ensure that employees receive appropriate training on compliance with their regulatory obligations;
• Record keeping, including in relation to compliance breaches, conflicts identification and management, authorized individuals and regulatory returns and submissions to the BSP;
• Liaise with the BSP, AMLC and other authorities (as required) in relation to regulatory compliance issues, including BSP examinations and inquiries;
• Oversee day-to-day operations with respect to compliance with the AML policies, procedures, systems and controls;
• Act as the point of contact to receive notifications from employees and take appropriate action under the Anti-Money Laundering Act, the Terrorism Financing Prevention and Suppression Act and applicable sanctions requirements;
• File Covered Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs) with the AMLC within the prescribed timeframes;
• Collaborate and liaise with regulatory authorities and other external parties as well as with internal stakeholders as relevant;
• Identify potential areas of compliance vulnerability, suggesting action plans for resolution and providing guidance to mitigate risk;
• Review and interrogate technical solutions to support existing and new initiatives;
• Monitor changes in applicable laws and regulations, including BSP circulars and AMLC issuances, and provide guidance to the business in relation to implementation;
• Undertake any ad hoc duties as and when required.

You Have

• 10+ years of working experience within the compliance & AML sector, ideally within the financial services / fintech / remittance industry
• Experience with the BSP and AMLC and knowledge of BSP and AMLA regulatory obligations is mandatory, including the requirements for a designated and AMLC-registered Compliance Officer
• Proven problem solving and analytical skills with a "get it done" mindset
• Ability to partner effectively and able to communicate with a variety of both internal and external stakeholders
• Proactive, extreme attention to detail and operates with a high degree of discretion
• Strong written and verbal communication skills

Our Benefits

• Rice Allowance
• Transportation Allowance
• Paid Vacation
• Medical, Dental & Vision
• Accident and Life Insurance
• Employee Stock Purchase Plan (ESPP)
• Mental Health & Family Forming Benefits

Our Connected Work Culture: Driving Innovation, Together

At Remitly, we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration, where ideas ignite and challenging problems find solutions faster.

Under the Company's current hybrid-work expectations, employees in this position work onsite Tuesday through Thursday each week. Additional onsite attendance may be required based on business needs, and the Company may modify its hybrid-work expectations from time to time. These intentional in-office moments are vital for deepening relationships, fuelling creativity, and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly, we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates, in full compliance with applicable laws and regulations.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.