Chief Compliance Officer

2 weeks ago


Pasig, National Capital Region, Philippines TRBank, Inc. (A Rural Bank) Full time

JOB SUMMARY / SPECIFIC ACCOUNTABITITIES:

1. The Chief Compliance fficer is generally tasked to ensure that all policies, guidelines,

procedures and internal controls set by the management and other regulatory bodies

are complied with and undertaken by the department.

2. The Chief Compliance Officer oversees the design of the Bank's Compliance system and

provides guidelines and direction to the bank development, implementation and

maintenance of Compliance Program.

3. The Chief Compliance Officer shall ensure adherence to existing internal control

procedures while maintaining the highest quality of service.

SPECIFIC DUTIES AND RESPONSITIBITIES:

A. Manatement:

1. Reports to BOD the results of compliance testing, AMLA reports, regulatory

issued circulars/memoranda, incoming and outgoing correspondences, etc.

2. Presents to Excom if applicable the requested report/s for their guidance.

3. Conducts AMLA training

B. Operation:

1. Oversees and coordinates the implementation of the Compliance system of the

Bank.

2. Administer compliance program.

3. ldentifies, monitors and control compliance risk.

4. Determines compliance with applicable laws, regulations and established bank

policies and practices.

5. Consults with the regulatory agencies for clarifications of specific provisions of

laws and regulations and any compliance related issues.

JOB DESCRIPTION

Prepares all necessary reports in required by the regulatory agencies and

ensures timely submission of the same.

lnitiates dialogues with regulatory authorities as needed

Trains officers and employees on regulatory requirements and seculars released

by the regulatory agencies.

Participates or leads own functional or business unit identifying, assessing and

measuring risks that would prevent meeting set objectives.

lnterview internal and external customers periodically as needed and directed.

Conduct unannounced surveys, inspections, compliance testing, audits and

investigations periodically to assess personnel readiness and to specifically

identify where corrective actions are needed.

Re-evaluate areas of previous noted deficiencies to identify needed

improvements.

C. Custodianship:

1. Hard and soft copies of AMLA transactions

2. Hard and soft copies of incoming and outgoing correspondence

Job Type: Full-time

Schedule:

  • 8 hour shift

Education:

  • Bachelor's (Required)

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