Overview:
The role aims to create, improve, monitor and assist in the implementation of the Regulatory Compliance Program and manage the regulatory requirements in relation to the E-Money, Money Service Business and other financial services licenses of Maya Philippines.
What you will be doing:
- Identification, assessment and cascade of relevant regulations and their requirements
- Coordination with other teams to provide guidance relative to regulatory requirements in the event of establishing or enhancing products or services or implementing or updating policies or processes to ensure conformity with regulations and accepted standards
- Coordination with internal and external examiners for audit or examination deliverables
- Conduct of compliance assessment through independent Compliance Testing, Gap Assessments, and other detection/monitoring mechanisms.
- Monitoring, reporting, and/or escalation of internal/external findings and recommended solutions.
- Monitoring of actions taken by stakeholders to resolve regulatory findings including those noted by regulators and Internal Audit
- Assisting the regulators/ Internal Auditors/ External Auditors in conducting audits of Maya
- Maintaining a good working relationship with the regulators and stakeholders
- Monitoring of the submission of regulatory reports in coordination with responsible business and operations units
- Assisting in corresponding with regulators for the approval or notification of products or outsourcing engagements and other concerns
- Conduct of compliance awareness programs
What we are looking for:
- Graduate of a 4-year business course or any course related to Financial Services. Accountants and lawyers preferred.
- Certification in any Compliance course is an advantage
- Above-average oral and written communication skills, policy and report writing skills. Good interpersonal skills, analytical and critical thinking skills, and investigation/testing/auditing skills.
- Able to interpret rules and regulations, provide sound advice and reviews to business units
- Must have at least 4 years of experience in SEC Compliance and compliance testing; preferably with supplemental knowledge and experience with PAGCOR and/or BSP regulations.
