Compliance Officer

Summary:

You will be responsible for assisting in ensuring the overall regulatory compliance as required by the Operators of Payment Systems License (OPS) and others. As the subject matter expert, you must ensure the Company comply the international AML/CFT conventions and the relevant laws and the new payment regulations issued by the central bank of Philippines -- Bangko Sentral ng Pilipinas (BSP).

Reporting to the direct supervisor, you will operate independently and work closely with all relevant stakeholders, internationally.

Responsibilities:

Be the person in working with internal and external stakeholders for, but not limited to, OPS license application in the Philippines.

Be the Designated Compliance Officers to implement the AML policies, procedures, systems and controls and day-to-day oversight of its compliance with the obligations in applicable laws and regulations, to meet Regulators expectations and to mitigate in-house compliance risks.

Be responsible in AML risk assessment, clients onboarding, payment channels onboarding, ongoing monitoring, AML/fraud-related transactions monitoring, record keeping and staff trainings.

Cooperating with the Financial Intelligence Units and all applicable Regulators in the Philippines, including but not limited to routine liaison and any submission of documentation upon regulatory requests.

Assisting in undergoing multiple compliance inspections and enquiries by our globally recognized commercial banks and regulated payment channel partners.

Reporting regularly to the Senior Management on the licensing status and any regulatory compliance matters.

Keeping abreast and monitoring any changes of regulatory developments that would potentially impact the company and provide timely updates to the relevant functions.

Ensuring the regulatory requirements are promptly implemented to a satisfactory level.

Assisting in ad-hoc compliance reviews, testing or other regulatory- driven projects.

Qualifications:

At least 5 years of relevant experience in AML and regulatory compliance, with proven track records in securing regulatory licenses is a strong plus

Proven track records in dealing with BSP and deep knowledge about the guidelines for OPS license in Philippines.

Professional qualification(s) is required to demonstrate sufficient knowledge of relevant AML requirements e.g. CAMS, ICA.

Compliance solutions-oriented and commercially minded

Effective interaction with different departments

Strong proficiency in English

Residency in the Philippines