Company Description
Wisefund Finance Corporation, established in 2018, is a licensed financing company registered with the Securities and Exchange Commission (SEC) in the Philippines. The company is dedicated to empowering Overseas Filipino Workers, including Seafarers, by offering flexible credit facilities tailored to their financial needs. With a focus on financial inclusivity, Wisefund continues to create positive economic impacts in its community.
JOB DESCRIPTION:
- Reviews the documentation and information submitted by the company and ensures they are compliant with AML Policy and Procedures to satisfy regulatory requirements
- Prepares accurate AMLA reports in a timely manner
- Assists all responsible offices and employees and monitors their compliance with the AML/CTF laws and regulations through their annual plan
- Assists in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements
- Reports CTR and STR in a timely manner
- Conducts Compliance Testing
- Provides assistance on inquiries from employees, internal and external auditors in matters of AML
- Assists in conducting transaction monitoring reviews, investigation and reporting suspicious activity related to money laundering and terrorist financing (SAR filing) and other anomalous activities
- Assists in the periodic review of KYC Policies and OFAC hits
- Escalates identified high risk issues to the immediate superior
- Performs other related functions that may be assigned from time to time
JOB SPECIFICATION:
- Graduate of any four-year business course
- With at least two (2) years work experience in the same capacity
- Must have a very good knowledge and understanding of AML, LYC, OFAC and other regulatory requirements and policies
- Experience in conducting thorough research on higher risk customer is an advantage
- Adept in different government regulatory compliance and documentation
- Has the ability to build and maintain good working relationship with all levels of the organization as well as external regulatory agencies
- Computer-proficient
