Overview:
The role aims to create, improve, monitor, and assist in the implementation of the Compliance Program and manage the regulatory requirements in relation to the Digital Bank, other bank-related licenses, and other compliance-related functions of Maya Bank.
What you will do:
- Identification, assessment, and cascade of relevant regulations (including policy draft exposure) and their requirements
- Participate in conducting compliance risk assessments and/or facilitation of license or request for regulatory approval/notification requirements of new products, services, and processes to ensure conformity with regulations and accepted standards.
- Recommends adequate and mitigating controls to provide early detection and prevention of potential compliance issues
- Coordinates with internal and external examiners for audit deliverables
- Conducts independent risk-based assessment through Compliance Testing
- Monitoring, reporting, and/or escalation of significant internal (Internal Audit) and external findings (regulators) to include evaluation of actions taken by different teams to resolve regulatory or internal findings
- Monitoring and/or submission of regulatory reports and other ad hoc surveys
- Directly work with the business management to develop, communicate and implement strategies, procedures, and technology systems to enhance Maya Bank's compliance with applicable rules and regulations
- Maintaining a good working relationship with the regulators and internal/external stakeholders
What we are looking for:
- At least 4 years experience in doing regulatory compliance in a FinTech/Bank or similar financial services company
- Has extensive knowledge in banking operations, particularly in:credit/lending operations banking laws, rules and regulations Anti-Money Laundering Act (AMLA) and its Implementing Rules and Regulations Local and national tax laws Accounting standards, particularly those that govern the financial accounts of the Company
- SEC regulations
- Data Privacy Act Basic corporate governance principles
- Risk management frameworks on credit, market and operations (including IT risk governance)
