Senior Regulatory & AML Compliance Manager

Infinity 88 Business Consultancy; Eastern Manila District; On-site; PHP 600,000 - 1,200,000; Full time

Job summary

Infinity 88 Business Consultancy in the Philippines is seeking an experienced Compliance Officer to lead regulatory adherence and AML/CFT programs across branches. You will develop policies, monitor ongoing compliance, and coordinate with regulators while conducting risk assessments and staff training.

The role requires a strong background in BSP regulations and data privacy, with the ability to visit multiple locations and implement corrective actions promptly.

Qualifications

• Bachelor's degree in a relevant field.
• 3-5 years of experience in compliance, risk management, internal audit, or financial services; pawnshops/lending banks BSP-supervised institutions experience is an advantage.
• Knowledge of BSP regulations, AMLA requirements, AML/CFT compliance, data privacy, and relevant financial services regulations.
• Experience in compliance monitoring, risk assessment, regulatory reporting, and audit coordination.
• Strong analytical, investigative, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• High integrity, confidentiality, and attention to detail.
• Ability to conduct branch visits and coordinate with multiple departments and locations.

Responsibilities

• Regulatory Compliance: Ensure compliance with BSP regulations, AMLA and its implementing rules, Data Privacy Act, and other relevant laws governing pawnshop operations.
• AML/CFT Compliance: Oversee AML/CFT policies including customer due diligence, identification and verification, transaction monitoring, and suspicious transaction reporting.
• Policies and Procedures: Develop, review, and update compliance policies, procedures, and internal controls.
• Compliance Monitoring: Conduct regular reviews and inspections of branches to identify regulatory gaps and violations.
• Risk Management: Identify, assess, and mitigate compliance risks related to pawn transactions, loan renewals, forfeiture, and cash handling.
• Regulatory Reporting: Ensure timely submission of reports to regulatory authorities.
• Audit and Examination: Coordinate with auditors; prepare supporting documents; monitor audit findings.
• Incident Investigation: Investigate violations, fraud, non-compliance, and recommend corrective actions.
• Employee Training: Develop compliance awareness programs for branch managers and staff.
• Data Privacy and Recordkeeping: Ensure protection and confidentiality of customer information and records.
• Compliance Advisory: Guide management on regulatory changes and actions.
• Corrective Action Monitoring: Track deficiencies and ensure timely corrective actions.
• Regulatory Updates: Monitor changes in laws and assess impact on operations.
• Management Reporting: Prepare reports on risks, findings, and regulatory developments.

Skills

Analytical skills

Investigative skills

Communication skills

Problem-solving

Attention to detail

Regulatory knowledge

Education

Bachelor's degree in Accountancy, Finance, Business Administration, Legal Management, or related field

Job description

Infinity 88 Business Consultancy in the Philippines is seeking an experienced Compliance Officer to lead regulatory adherence and AML/CFT programs across branches. You will develop policies, monitor ongoing compliance, and coordinate with regulators while conducting risk assessments and staff training.

The role requires a strong background in BSP regulations and data privacy, with the ability to visit multiple locations and implement corrective actions promptly.