Compliance Specialist

Pilar, Sorsogon

Posted 17 days ago


Company:: Rural Bank of Pilar (Sorsogon) Inc.
Company Description:: Founded in the year 1967 by Alfredo Alcazar Hoezl, a German- Spanish (Filipino by birth) and Jose P. Roces on January 7, 1967 in a laidback but economically significant coastal town of Pilar in Sorsogon, the Rural Bank of Pilar (Sorsogon), Inc. has been living true to its vision as a countryside banker excellently serving the constituents of the province of Bicol. Despite the Bank Management’s prudence, frugality and tenacity since its inception in 1967, it went through various forms of regulatory, business and operational challenges. The operation of the Bank went on smoothly until 1987 when super typhoon “Sisang” hit the Bicol Region and adversely affected the Bank resulting to high past due loans and mounting bills payable that almost pushed the Bank to close its operations. The Roces Family Group, headed by Engr. Orlando B. Roces, son of co-founder Jose P. Roces bought the other shares of stocks of the Bank and took over bank ownership. This move resulted to a total turn-around for the bank in all aspects, thereby bringing forth renewed strategic direction and vigor and enthusiasm to the bank’s team to move forward. Now with more than 50 years of operation under its belt, Rural Bank of Pilar (Sorsogon), Inc. has been among the top-rated rural banks in the country. It has been sustaining high year-on-year CAMELS ratings from the Bangko Sentral ng Pilipinas. Furthermore, the Bank began to deliver to its growth and expansion goals through its branching initiatives. Currently, the Bank has three (3) branches and four (4) Branch-lite Units (BLUs) with strong presence within Sorsogon and Albay provinces. For the years ahead, the Rural Bank of Pilar (Sorsogon), Inc. has always been a bank of possibilities. Its dreams and aspirations are planned to be better realized by further building and maintaining excellent operational and administrative machinery to be all wrapped in an open innovation environment that bring about fresh ideas and breakthrough thinking as its ever-proactive prime movers continue to rethink how they live and work and bring people together, making them more collaborative and productive to drive innovation. RBPI has been under the regulatory supervision of the Bangko Sentral ng Pilipinas (BSP), and Philippine Deposit Insurance Corporation (PDIC), and the Securities and Exchange Commission; and a consistently active and member of good standing of the Rural Bankers Association of the Philippines (RBAP).
Contract Type:: Full Time
Experience Required:: 2 years
Education Level:: Bachelor’s Degree
Number of vacancies:: 1

Job Description

About the role

Join the Rural Bank of Pilar Sorsogon, Inc. (RBPI) team as a Compliance Specialist. This is a full-time role based in Pilar, Sorsogon, where you will play a crucial part in ensuring the bank's operations comply with all applicable laws, regulations, and internal policies.

What you'll be doing

Develop and implement compliance programs to identify, monitor, and mitigate regulatory risks
Conduct regular audits and assessments to evaluate the effectiveness of compliance controls
Provide guidance and training to employees on compliance-related matters
Serve as the bank's main point of contact for regulatory bodies and respond to inquiries
Collaborate with cross-functional teams to ensure consistent application of compliance standards
Stay up-to-date with changes in banking regulations and industry best practices
Maintain comprehensive documentation and reporting on compliance activities
What we're looking for

Bachelor's degree in Finance, Accounting, or a related field
2+ years of experience in compliance, risk management, or audit within the banking industry
Thorough understanding of banking regulations, such as Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements
Strong analytical and problem-solving skills with attention to detail
Excellent communication and interpersonal skills to effectively collaborate with various stakeholders
Proactive, self-motivated, and able to work independently to meet deadlines
What we offer

At RBPI, we are committed to providing a supportive and rewarding work environment. You will have access to comprehensive training and development opportunities, competitive remuneration, and a range of benefits to support your work-life balance. We also encourage a culture of continuous learning and innovation, where your contributions can make a real impact on the success of the bank.

About us

The Rural Bank of Pilar Sorsogon, Inc. (RBPI) is a leading community bank in the Sorsogon region, serving the financial needs of individuals and businesses. With a strong focus on customer service and community engagement, we are dedicated to driving economic growth and prosperity in the areas we serve. As a member of the RBPI team, you will be part of a dynamic and collaborative organisation committed to making a difference.

Apply now to join our team as a Compliance Specialist and be a part of our exciting journey.