Senior Compliance Testing & Validation Lead

Bank of Commerce (Philippines); Mandaluyong; On-site; PHP 700,000 - 1,200,000; Full time

Job summary

Bank of Commerce (Philippines) invites applications for a role under the Compliance Testing and Validation Department Head to support the implementation of the Bank's Compliance Program and ensure adherence to regulatory standards across Head Office units and branches.

The position involves assisting in planning, training, coordination with regulators, and conducting independent testing and monitoring, with regular reporting to governance committees.

Qualifications

• Assists the Department Head in preparing and updating the Compliance Testing Plan.
• Identifies relevant laws, rules, regulations, and policies affecting banking operations.
• Monitors coordination with units/branches to implement the Compliance Program.

Responsibilities

• Conduct independent compliance testing for Head Office Units and Branches.
• Maintain working papers and comment sheets for findings.
• Coordinate with Branch/Unit Management to address findings and actions.
• Discuss significant issues with Branch/Unit Management and secure timelines.
• Assist in preparing draft reports for Corporate Governance and AML committees.
• Supervise monitoring of remedial actions and update committees.
• Oversee ICT reports and supervise compliance staff in testing.
• Assist in updating Compliance Program related to banking laws for roll-out.
• Prepare summary reports and materials for bank committees.

Job description

Bank of Commerce (Philippines) invites applications for a role under the Compliance Testing and Validation Department Head to support the implementation of the Bank's Compliance Program and ensure adherence to regulatory standards across Head Office units and branches.

The position involves assisting in planning, training, coordination with regulators, and conducting independent testing and monitoring, with regular reporting to governance committees.