Compliance Testing & Monitoring Officer- Makati

PETNET Inc.; Philippines; Hybrid; PHP 446,400 - 669,600; Full time

Job summary

A financial services company in Makati is seeking a Compliance Testing & Monitoring Officer to assist in developing compliance programs. You will ensure timely and accurate reports to regulatory agencies and oversee compliance with laws and standards. The ideal candidate has at least two years of experience in compliance or auditing, preferably within the banking or finance sector. This hybrid role requires attendance at the HQ in Makati at least five times a month, with a working schedule from Monday to Friday and 44 hours per week.

Qualifications

• At least two years of actual compliance or audit experience in banking/finance.
• Demonstrate extensive knowledge in compliance laws and regulations.
• Familiarity with Anti-Money Laundering and Counter-Terrorism Financing.

Responsibilities

• Assist in the development of compliance testing programs.
• Ensure accurate and timely regulatory reports.
• Conduct tests and control checks on policies and procedures.

Skills

Knowledge of compliance laws

Internal controls

Audit techniques

Communication skills

Education

Graduate of Accountancy or Finance-related courses

Certified Public Accountant

Job description

Compliance Testing & Monitoring Officer- Makati

Full-time

Hybrid

The Compliance Testing & Monitoring Officer assists the Unit Head in the development and execution of monitoring activities and risk-based compliance testing programs aligned with the approved annual Compliance and Legal Team’s Monitoring and Testing Plan, methodology and approach. Monitoring function ensures that regulatory obligations, reports and deliverables are accurate and timely prepared and submitted to regulatory agencies and the Group. This includes regulatory directives, Partners (Western Union), the Group and Internal Audit finding and recommendations, as well as monitoring training requirements and participation in the regular Management reports. Compliance Testing provides reasonable assurance that the Business and Support Units adhere to existing laws, regulations and standards through conduct of test and control checks of policies, procedures and practices.

The role will work closely with the Compliance Testing & Monitoring Unit Head to ensure effective operations of key elements of PETNET, Inc. Compliance Testing & Monitoring functions.

Job Specification:

• Education: Graduate of Accountancy or Finance-related courses, preferably a Certified Public Accountant;
• Experience: At least two (2) years of actual compliance or audit experience within the banking/finance industry, preferably in a bank or remittance company;
• Knowledge: Demonstrate extensive knowledge in compliance laws, regulations and standards in regulated banking/financial industry, including remittance business regulations, Anti-Money Laundering and Counter‑Terrorism Financing, Accounting Standards, Audit, and Internal Controls, compliance functions and audit techniques.
• Working Setup: Hybrid, at least 5 times a month in the HQ located in Legaspi Village, Makati; and
• Working Schedule: Monday to Friday, 44 hours weekly.