Compliance Officer

Job description

Duties and Responsibilities:

Uphold regulatory compliance standards for money changing, forex, remittance, and payment gateway operations.
Provide guidance on different systems, processes and controls to identity, mitigate and eliminate risk and comply with the AML/CFT policies.
Evaluate existing policies of the company
Implement robust compliance policies which includes but not limited to data protection, Anti-Bribery & Corruption, Cybersecurity, and Customer protection.
Conduct comprehensive training programs for staff and partners on compliance policies and procedures.
Be consulted and involved on business process re-engineering
Manage risks associated with financial transactions and implement risk management strategies.
Foster strong partnerships with banks, financial institutions, and payment processors.
Oversee compliance audits to ensure adherence to regulatory guidelines and internal policies.
Investigate compliance breaches and suspicious activities, reporting findings to senior management and regulatory authorities.
Continuously refine the compliance framework to align with industry best practices and regulatory expectations.
Stay updated with current regulatory requirements and ensure adherence.
Perform tasks related to business partnerships or other business activities as assigned.
Qualifications:

At least 4-6 years of relevant compliance experience

Had demonstrated excellent track record in the payment industry.
Strong background in Online Payment System/Remittance is a must.
Good understanding of the Philippines’ AML/CFT laws, regulations and reporting requirements;
Has previous experience interacting with BSP, SEC , AML and other relevant agencies
Soft Skills:

Ethical Judgment: High level of integrity and ethical standards.

Interpersonal Skills: Ability to work effectively with various departments and external regulators.

Educational Background:

Degree: A bachelor’s degree in law, business administration, finance, or a related field is often required. Advanced degrees or certifications are advantageous.

Job Type: Full-time

Pay: Php30,000.00 - Php50,000.00 per month