Compliance Testing Analyst: AML, KYC & Controls

Equicom Savings Bank, Inc.; Philippines; On-site; PHP 480,000 - 720,000; Full time

Benefits offered by this job

Health benefits

Certifications sponsorship

Flexible working arrangements

Career development

Job summary

Equicom Savings Bank, Inc. is seeking a Compliance Testing Officer to join our Makati City office on a full-time basis.

You will lead testing across banking operations to ensure regulatory adherence and robust internal controls, safeguarding customers and stakeholder confidence. The role focuses on AML, KYC, data protection, and fraud prevention, with responsibilities including planning, documenting findings, guiding remediation, and supporting regulatory inspections.

Qualifications

• Bachelor's degree in a related field.
• Minimum 2–3 years of experience in compliance, risk management, internal audit, or a related field within the banking or financial services sector.
• Strong knowledge of banking regulations, AML regulations, and data protection laws applicable in the Philippines.
• Proficiency in compliance testing methodologies, audit techniques, and risk assessment frameworks.
• Excellent attention to detail with the ability to identify inconsistencies and control weaknesses.
• Strong analytical and problem-solving skills with the ability to interpret complex regulatory requirements.
• Exceptional written and verbal communication skills, with the ability to articulate findings clearly to both technical and non-technical audiences.
• Proficiency in Microsoft Office applications, particularly Excel, and experience with compliance management software or audit tools.
• Professional certifications such as CIA (Certified Internal Auditor), CCCA (Certified Compliance and Controls Associate), or equivalent are highly desirable.
• Ability to work independently and as part of a team in a fast-paced, regulated environment.
• Demonstrated integrity, ethical standards, and commitment to maintaining confidentiality.
• Strong organisational skills with the ability to manage multiple testing projects simultaneously and meet tight deadlines.

Responsibilities

• Conduct comprehensive compliance testing across banking operations, policies, and procedures to ensure adherence to regulatory requirements and internal guidelines.
• Develop and execute compliance testing plans and audit programmes covering key risk areas including anti-money laundering (AML), know-your-customer (KYC), data protection, and fraud prevention.
• Document testing results, findings, and observations in detailed compliance reports with clear recommendations for remediation.
• Identify control deficiencies and policy breaches, escalating significant findings to senior management and regulatory bodies as appropriate.
• Monitor the implementation and effectiveness of corrective actions taken by business units in response to compliance issues.
• Maintain detailed records of all compliance testing activities, evidence, and outcomes to support internal and external audit requirements.
• Collaborate with relevant departments to understand operational processes and identify compliance risks and control gaps.
• Support the Compliance and Risk team in preparing for regulatory inspections and providing necessary documentation to banking regulators.
• Stay updated on evolving regulatory requirements and industry best practices, incorporating these into testing methodologies.
• Participate in compliance training initiatives and assist in raising awareness of compliance obligations across the organisation.

Skills

Compliance testing

AML/KYC knowledge

Regulatory knowledge

Audit techniques

Data protection laws

Communication skills

Excel proficiency

Education

Bachelor's degree

Tools

Compliance software

Audit tools

Job description

Equicom Savings Bank, Inc. is seeking a Compliance Testing Officer to join our Makati City office on a full-time basis.

You will lead testing across banking operations to ensure regulatory adherence and robust internal controls, safeguarding customers and stakeholder confidence. The role focuses on AML, KYC, data protection, and fraud prevention, with responsibilities including planning, documenting findings, guiding remediation, and supporting regulatory inspections.