Compliance Officer/Internal Auditor

Second Rural Bank San Luis Pampanga, Inc.; San Luis; On-site; PHP 600,000 - 900,000; Full time

Job summary

Second Rural Bank San Luis Pampanga, Inc. is seeking a Compliance Officer responsible for ensuring the bank's operations and policies comply with BSP regulations, AML/CFT, and internal controls.

The role involves evaluating internal controls, identifying risks, and recommending corrective actions to strengthen governance and risk management. You will monitor regulatory compliance, update policies, conduct testing, assist KYC/CDD, prepare reports for management and the board, and participate in

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• Knowledge of banking operations and risk management.
• Familiarity with BSP regulations and AML/CFT is an advantage.
• Strong analytical, documentation, communication, and problem-solving skills.

Responsibilities

• Monitor compliance with BSP regulations, AML/CFT requirements, banking laws, and internal policies.
• Review and update compliance policies, procedures, and guidelines.
• Conduct regular compliance monitoring and testing.
• Assist in ensuring proper implementation of KYC and CDD requirements.
• Monitor compliance with AML policies and applicable regulations.
• Identify, document, and report compliance deficiencies and regulatory issues.
• Prepare compliance reports for Management, the Board of Directors, and relevant committees.
• Conduct independent audits of branches, departments, processes, and financial/operational activities.
• Evaluate the adequacy and effectiveness of internal controls.
• Identify weaknesses, irregularities, operational risks, and potential fraud indicators.

Skills

Regulatory compliance

AML/CFT

Analytical skills

Documentation

Communication

Independence

Education

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

Tools

MS Office

Basic data analysis tools

Job description

About the role

Responsible for ensuring that the bank's operations, policies, procedures, and internal controls comply with applicable laws, regulations, regulatory requirements, and approved bank policies. The position also independently evaluates the effectiveness of internal controls, identifies operational and compliance risks, and recommends corrective actions to strengthen the bank's governance and risk management framework.

Key responsibilities

• Monitor compliance with applicable BSP regulations, AML/CFT requirements, banking laws, and internal policies
• Review and update compliance policies, procedures, and guidelines
• Conduct regular compliance monitoring and testing
• Assist in ensuring proper implementation of Know-Your-Customer (KYC) and Customer Due Diligence (CDD) requirements
• Monitor compliance with Anti-Money Laundering (AML) policies and applicable regulations
• Identify, document, and report compliance deficiencies and regulatory issues
• Prepare compliance reports for Management, the Board of Directors, and relevant committees
• Conduct independent audits of branches, departments, processes, and financial/operational activities
• Evaluate the adequacy and effectiveness of internal controls
• Identify weaknesses, irregularities, operational risks, and potential fraud indicators

About you

• Bachelor's degree in Accounting, Finance, Business Administration, Management, or a related field
• Knowledge of banking operations, internal controls, risk management, and regulatory compliance
• Familiarity with BSP regulations and AML/CFT requirements is an advantage
• Strong analytical, documentation, communication, and problem-solving skills
• High level of integrity, confidentiality, objectivity, and independence
• Proficient in Microsoft Office and basic data analysis tools
• Willing to undergo relevant banking, compliance, AML, and internal audit training