Regulatory Advisory Senior Officer

Salmon Group; Taguig; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

Salmon Bank (Rural Bank) Inc., the banking arm of Salmon Group Ltd., seeks an experienced Regulatory Compliance professional in Metro Manila to monitor BSP circulars, interpret regulatory requirements, and advise across deposits, lending, and related-party transactions.

You will translate regulatory obligations into practical controls, review policies and products for compliance, and prepare submissions and briefing materials for examinations and governance bodies.

Qualifications

• Bachelor’s degree in Accountancy, Finance, Business, Economics, Law or related discipline.
• At least 5 years of banking compliance, regulatory advisory, regulatory affairs, audit, risk or legal work, preferably including BSP-supervised institutions.
• Working knowledge of MORB, BSP regulatory processes, corporate governance, financial consumer protection and other relevant regulations.
• Experience reviewing policies or products, interpreting regulations and coordinating responses to examination findings.

Responsibilities

• Monitor BSP circulars, memoranda, MORB and other issuances and prepare impact assessments.
• Advise business units on regulatory requirements across deposits, lending, loan purchases, payments, electronic financial services, cards, treasury, branches, outsourcing and related-party transactions.
• Provide guidance at the design stage so products and processes include the right requirements and controls and review proposed products and customer journeys for regulatory gaps.
• Prepare or review regulatory submissions and responses and coordinate with risk, legal, finance, IT, and Compliance Testing to consolidate information.
• Review policies, procedures and governance documents against requirements and help business units turn regulatory obligations into workable controls.
• Prepare regulatory updates and Compliance inputs for Management, the Audit and Compliance Committee and the Board.

Skills

Regulatory compliance

Regulatory interpretation

Policy writing

Stakeholder management

Analytical thinking

Business writing

Education

Bachelor’s degree in Accountancy, Finance, Business, Economics, Law or related discipline

Job description

About Salmon

Salmon Bank (Rural Bank) Inc., the banking arm of Salmon Group Ltd., is a technology-driven challenger bank in the Philippines operating under a BSP license. We combine the trust of a licensed institution with the speed and convenience of a modern financial product. Work within regulated financial infrastructure, where product, risk, compliance, operations, technology, and customer experience are closely connected.

What You’ll Do

Regulatory monitoring and interpretation

• Monitor and interpret BSP circulars, memoranda, the MORB and other issuances.

• Prepare concise impact assessments covering requirements, affected units, implementation actions and deadlines.

Regulatory advisory

• Advise business and support units on regulatory requirements across deposits, lending, loan purchases, payments, electronic financial services, cards, treasury, branches, outsourcing and related-party transactions, as applicable to the Bank’s activities.

Product and process design

• Give guidance at the design stage so products and processes include the right requirements and controls.

• Review proposed products, customer journeys, process changes, partnerships, contracts, marketing materials and customer disclosures. Identify compliance gaps, approval or notification requirements, and conditions to meet before launch.

Submissions and supervisory engagement

• Prepare or review regulatory submissions and responses.

• Support examinations by consolidating information, drafting responses, preparing briefing materials and coordinating evidence requests.

Policy and governance review

• Review policies, procedures and governance documents against requirements, and help business units turn regulatory obligations into workable controls.

Management and Board updates

• Prepare regulatory updates and Compliance inputs for Management, the Audit and Compliance Committee and the Board.

Coordination and records

• Work with Risk, Legal, Finance, Operations, IT, Information Security, Data Privacy, AML Compliance and Compliance Testing to give consistent guidance, and maintain documented advice with supporting references.

What We’re Looking For

• Bachelor’s degree in Accountancy, Finance, Business, Economics, Law or a related discipline

• At least 5 years of experience in banking compliance, regulatory advisory, regulatory affairs, audit, risk or legal work, preferably including BSP-supervised institutions

• Working knowledge of the MORB, BSP regulatory processes, corporate governance, financial consumer protection and other relevant regulations

• Experience reviewing policies or products, interpreting regulations and coordinating responses to examination findings

• Strong analytical judgment, clear business writing and attention to detail, with the ability to explain regulatory requirements in practical terms

• Ability to manage competing deadlines, coordinate across functions, challenge constructively and handle confidential information with integrity

• Advantage: experience with digital banking, outsourcing, credit operations or treasury. Relevant certifications or legal qualifications are desirable.