Compliance Senior Specialist

Maya; Manila; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

Maya Philippines is seeking a Compliance Manager to lead the regulatory program for e-money, MSBs, and other financial services licenses. You will identify applicable regulations, guide product teams, and coordinate audits with BSP and other regulators.

The ideal candidate has 4+ years in regulatory compliance, experience with BSP/SEC/AML, and strong written and verbal communication skills. Knowledge of the e-money/remittance space is a plus.

Qualifications

• 4-year business or financial services degree required.
• At least 4 years in Regulatory Compliance (BSP/SEC/AML, etc.).
• Experience in e-money or Money Service Business is a plus.
• Strong written and verbal communication, policy writing, and analytical skills.

Responsibilities

• Identify, assess and cascade relevant regulations and requirements.
• Coordinate with teams to guide product and policy updates for regulatory conformance.
• Coordinate with internal and external examiners for audits or examinations.
• Conduct compliance assessments through independent testing.
• Monitor, report and escalate significant findings.
• Ensure timely submission of regulatory reports in collaboration with business units.
• Assist regulators and auditors during examinations.

Skills

Regulatory compliance

Compliance testing

Policy writing

Regulatory reporting

Analytical thinking

Auditing

Education

4-year business or financial services degree

Job description

Job Description

Compliance Management

Our Mission

Our goal is for everyone to make bolder choices with their finances.

To get there, we're creating an all-in-one ecosystem of financial services for today's generation of goal-getters. That feat takes extraordinary people-those with the guts to challenge the way things are and transform them into something better.

To be part of Team Maya is to be Bolder for Better.

Description

Overview

The role aims to create, improve, monitor and assist in the implementation of the Regulatory Compliance Program and manage the regulatory requirements in relation to the E-Money, Money Service Business and other financial services licenses of Maya Philippines.

What You Will Do

• Identification, assessment and cascade of relevant regulations and their requirements
• Coordination with other teams to provide guidance relative to regulatory requirements in the event of establishing or enhancing products or services or implementing or updating policies or processes to ensure conformity with regulations and accepted standards
• Coordination with internal and external examiners for audit or examination deliverables
• Conduct of compliance assessment through independent Compliance Testing
• Monitoring, reporting and/or escalation of significant internal and external findings
• Monitoring of actions taken by different teams to resolve regulatory findings including those noted by BSP and Internal Audit
• Assisting the BSP/ Internal Auditors/ External Auditors in conducting its periodic audit of Maya
• Maintaining a good working relationship with the regulators and internal/external stakeholders
• Monitoring of the submission of regulatory reports in coordination with responsible business and operations units
• Assisting in corresponding with regulators for the approval or notification of products or outsourcing engagements and other concerns
• Conduct of compliance awareness programs

What We Are Looking For

• Graduate of a 4-year business course or any course related to Financial Services
• Must have at least 4 years of experience in Regulatory Compliance (BSP, SEC, AMLA etc.) and Compliance testing; preferably with supplemental knowledge and experience in the e-money, remittance industry and/or Money Service Business (MSBs)
• Certification in any Compliance course is an advantage
• Above-average oral and written communication skills, policy and report writing skills. Good interpersonal skills, analytical and critical thinking skills, and investigation/testing/auditing skills.
• Able to interpret rules and regulations, provide sound advice and reviews to business units

About Us

Maya is the all-in-one money platform that is bringing Filipinos bolderways to master their money.It is powered by a unique integrated financial services ecosystem that addresses the ever-evolving needs of today's generation of moneymakers through cutting edge technology.

We lead millions of Filipinos - consumers, businesses,communities, and government agencies alike - into a version ofthe current digital economy that’s more inclusive, transparent,and empowering than ever.

We are powered by the country's only end-to-end digital payments company Maya Philippines, Inc. and Maya Bank, Inc. for digital banking services.

Maya Bank, Inc. and Maya Philippines, Inc. are regulated by the Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph/