Compliance Specialist

Vantage Financial Corporation (formerly eBusiness Services, Inc.)

Taguig

On-site

PHP 334,800 - 502,200

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

A financial services company is seeking a Compliance Specialist to monitor transactions and train staff on compliance matters in Taguig, Philippines. The role requires at least a Bachelor's degree and 1 year of relevant experience in finance or compliance. Candidates should be detail-oriented and willing to work beyond standard hours. This position offers full-time employment with a focus on ensuring regulatory adherence and compliance methodologies.

Qualifications

Minimum 1 year of relevant work experience in finance or compliance.
Willing to handle field assignments and work during unconventional hours.

Responsibilities

Monitor transactions of branches and sub-agents.
Conduct compliance fieldwork based on risk levels.
Train branch and sub-agent tellers on compliance.

Skills

Attention to detail

Willingness to work overtime

Fieldwork expertise

Education

Bachelor's degree in Business or equivalent

Job description

Join to apply for the Compliance Specialist role at Vantage Financial Corporation (formerly eBusiness Services, Inc.)

2 days ago Be among the first 25 applicants

Responsible for monitoring transactions of the Branches and Sub-agents, and ensuring that appropriate steps are taken to rectify these issues, as a competitive advantage. In addition to this, the position will aim and harbor the opportunity to further develop the locations operating processes and compliance methodologies through conduct of trainings and field examinations, as support to Business Development.

Responsibilities

Training
Performs basic AML and WU compliance trainings to Branch and Sub-agent Tellers
Transaction Monitoring
Flags trends and patterns noted for possible Compliance findings for review of Team Leader prior to discussion with Business Development Head (for sub-agents) and Line Leaders (for Branches)
Consolidates all Compliance findings prior to filing of interdictions or sanctions to a cited location
Asks for Proof of Payments in order to verify if noted trends and patterns could be validated through documentation
Updates the Compliance Transaction Monitoring Program Guide to include additional and applicable trends and patterns
Prepares drafts of reports and submits within standard turnaround time (TAT) for review of Team Leader
Follows through with the Business Units the effectiveness of implementation of the Audit recommendations or the failures of implementation
Field Compliance
Conducts Compliance fieldwork depending on the Compliance Risk level of a given location
Performs Compliance fieldwork based on the Field Compliance Guide and other procedures deemed necessary
Reviews if the location operates transactions in accordance with the WUs existing policies and procedures and BSP regulations
Evaluates location practices, which may expose the location or the Company to risk
Follows up on previously reported findings noted during Compliance fieldwork
Requests for Compliance Head approval for any changes in the Scope and Objectives of the Compliance Fieldwork
Performs a review of the adequacy of internal controls to arrive at a basis for the Compliance Fieldwork Opinion
Signs, files and indexes Compliance Fieldwork working papers accordingly (For Compliance Specialist Team Members)
Signs, files and indexes and review Compliance Fieldwork working papers accordingly (For Compliance Specialist Team Leaders)
Regulatory Issuances
Be knowledgeable on new regulations issued by regulators covering eBiz and cascade to concerned Departments or locations
Others
Ensures the security and proper maintenance of Company equipment and other resources assigned to area of responsibility.
Performs special audit, cases investigation or consulting service to the Units from time to time
Witnesses opening of Sealed Bids
Adherence to the Internal Audit Departments policies, and those of the Companys
Other duties that may be assigned from time to time

Qualifications

Bachelors degree in Business or equivalent, preferably with background in Compliance, Audit, Fraud or Risk Management
With at least 1 year of relevant work experience from a financial institution or Branch Operations or Compliance, Audit, Fraud or Risk Management
Good attention to detail and willing to work beyond office hours or during weekends and holidays
Willing to be assigned on field and out of town assignments

About Us

Vantage Financial Corporation (operating under the name e-Biz) is the Group's international money transfer service provider with additional offerings in its money change, bills payment, and airline ticketing services. Starting from just 3 service centers in 1999, e-Biz today operates in over 150+ locations across the country with an additional sub-agent network that complements its reach to over 1000+ locations nationwide.

Seniority level