Compliance Testing Lead

Moneep; Philippines; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Moneep in the Philippines is seeking a Compliance Testing Lead to head AML and Regulatory compliance assurance, reporting to the Chief Compliance Officer.

You will develop testing plans, assess regulatory requirements, document results, and communicate findings to senior management and the board to strengthen the organization’s controls.

The role also covers monitoring action plans, coordinating with AML/Regulatory teams, and supporting audits.

Qualifications

• Bachelor's degree or 4-year course completed.
• 3–6 years of experience in compliance/audit/risk management.
• Certification in Audit/Compliance/Risk management is an advantage (e.g., CPA, CIA, CAMS).
• Understanding of Compliance Testing Methodologies and regulatory requirements (e.g., BSP issuances).
• Able to provide sound judgement during review and investigations.
• Proficient in communicating with stakeholders.
• Ability to work with minimal supervision.

Responsibilities

• Lead AML and Regulatory compliance assurance and report to the Chief Compliance Officer.
• Maintain a Compliance Testing Manual and methodologies; conduct risk assessments for testing prioritization.
• Develop and execute Regulatory testing plans with the Regulatory Compliance Lead; document testing results.
• Evaluate adequacy of AML policies, procedures, and controls; recommend enhancements.
• Communicate testing results to senior management and the board; assist in remedial actions.
• Monitor action plans from testing activities to ensure effective mitigations.
• Perform other tasks assigned by the CCO.

Skills

Compliance testing

Regulatory testing

Risk assessment

Audit knowledge

BSR rules knowledge

Communication

Education

Bachelor's degree

Job description

Job Description

• This role will lead AML and Regulatory compliance assurance and directly report to the Chief Compliance Officer.
• Responsible for the maintenance of the Compliance Testing Manual and methodologies, risk assessments for testing prioritization, and conducting periodic testing and reviews of the institution's Compliance program to assess its effectiveness and identify areas for improvement.
• Duties include developing and executing Regulatory testing plans in coordination with the Regulatory Compliance Lead, assessment of related regulatory and control requirements and documenting testing results and findings.
• The Compliance Testing Lead evaluates the adequacy of AML policies in coordination with the AML Compliance Lead, procedures, and controls, and recommends enhancements to address identified deficiencies.
• Additionally, the Compliance Testing Lead communicates testing results to senior management and the board of directors, and assists in the implementation of remedial actions to strengthen the organization’s compliance programs.
• Monitors implementation of action plans resulting from the compliance testing activity of the concerned units through performance of monitoring validation exercise to ensure appropriate steps have been taken, a valuable risk mitigation exercise prior Internal or External audits.
• And any other tasks to be assigned by the CCO.

Requirements

• Bachelor's Degree / 4-Year Course Graduate
• At least 3-6 years of experience
• Certification in Audit, Compliance, or Risk Management is an advantage (e.g., CPA, CIA, CAMS)
• Understanding of Compliance Testing Methodologies
• Ability to provide sound judgment during review and/or investigation
• Adequate knowledge of the financial services processes and relevant regulatory requirements (e.g., BSP Issuances)
• Must be proficient in communicating with other stakeholders
• Able to work with minimal supervision