Sr. Manager, Risk and Compliance

3 days ago

Makati City, National Capital Region, Philippines AIA Philippines Full time

The Head of Compliance is responsible for leading the compliance function at AIAIM PH and overseeing the compliance program under the Governance Framework of AIAIM PH. The Head of Compliance is also the designated local anti-money laundering officer, local data privacy officer, and local FATCA Responsible Officer of AIAIM PH while providing appropriate second line support to the first line as a member of AIAIM PH's Executive Committee to properly implement the controls (i) embedded within the local policies and procedures as envisaged under the Governance Framework of AIAIM PH and (ii) reasonably designated to enable AIAIM PH to demonstrate compliance with the applicable local regulatory requirements.

Lead the Compliance Function

Lead a strong compliance function while covering the following duties:

  1. Implement and administer a robust compliance monitoring program to ensure that all local monitoring activities are properly identified, documented, and performed under a risk-based approach with the monitoring results timely reported in accordance with the relevant local policies and procedures established under AIA's Investment Governance Framework ("IGF") as well as the applicable local regulatory requirements.
  2. Oversee the implementation of the internal personal dealing requirements at AIAIM PH and monitor the personal dealing activities of the local Access Persons and their Associated Persons while demonstrating compliance with the relevant local regulations.
  3. Manage the internal disclosure of interest reporting requirements covering the corresponding local monitoring, communication, and filing activities while demonstrating compliance with the relevant local regulations.
  4. Administer the internal licensing and other regulatory reporting requirements while demonstrating compliance with the relevant local regulations.
  5. Implement controls reasonably designed to demonstrate compliance with the AIA Group's Code of Conduct.
  6. Act as the local anti-money laundering officer, local data privacy officer, and local FATCA Responsible Officer and prepare the corresponding local policies and procedures with appropriate controls embedded therein pursuant to the applicable internal Group-wide requirements as well as the relevant local regulations.
  7. Offer regulatory compliance advice to the first line so as to support the first line to make informed decisions and to anticipate, assess, control, and mitigate regulatory and reputation risks.
  8. Liaise with industry and regulatory bodies as appropriate.
  9. Monitor local regulatory developments and/or amendments and provide constructive feedback to AIAIM PH's Executive Committee and Board so as to further enable AIAIM PH to take appropriate follow-up actions in a timely manner.
  10. Conduct induction sessions on local policies and procedures owned by the compliance function.
Ongoing Investment Compliance with Support of Investment Compliance Centre of Excellence at AIAIM

Demonstrate compliance with all applicable investment restrictions, requirements, and limits as specified in the relevant internal, contractual, regulatory, and/or statutory requirements while covering the following duties:

  1. Oversee the appropriate and comprehensive documentation of client investment mandate requirements to further facilitate post-trade compliance monitoring.
  2. Provide feedback and, where appropriate, acknowledgements to the first line responsible for setting up the corresponding automated controls before such controls are implemented in the production environment.
Perform Second Line Oversight of Errors & Breaches

Perform second line oversight of the handling and reporting of errors and breaches and coordinate with local regulator(s) in a timely and appropriate manner as and when required while covering the following duties:

  1. Provide second line feedback on potential regulatory implications arising from breaches and errors (if any) as well as on the corresponding preventative measures in accordance with the local policies and procedures established under the IGF as well as the applicable local regulatory requirements.
  2. Manage independent fact-based investigations of errors and breaches in a timely and robust manner as and when required.
  3. Work with management to put in place appropriate follow-up actions to rectify common breaches (if any) and to avoid recurrence.
Collaboration and Communication

Build confident relationships based on trust and reliability with all relevant stakeholders while covering the following duties:

  1. Work closely with other members of AIAIM PH's Executive Committee to address compliance issues in a timely and appropriate manner.
  2. Facilitate risk awareness among employees throughout AIAIM PH taking into account the relevant standards, policies, and procedures established under IGF as well as the applicable local regulatory requirements.
  3. Work closely with the local Legal & Governance team and the Internal Audit team on compliance issues.
  4. Work closely with members of the Group Investment Compliance function as well as other Country Investment Compliance Leaders on group-wide investment compliance initiatives.
  5. Provide second line feedback to Group Internal Audit on investment-related matters.
  6. Act as the primary point of contact for local regulatory inspections and/or reviews.
  7. Internal Member of the Board and/or internal committees to report on compliance matters at the relevant Board and/or committee meetings.
  8. Communication of goals, priorities, and issues at department meetings.
  9. Interactions with Group Investment Legal & Governance, Group Risk & Compliance, and other group functions (such as Group Internal Audit).
  10. External Communications with local regulators, relevant authorities, industry bodies, and other stakeholders.
Minimum Requirements
  1. A degree holder in Legal, Risk Management, Business Administration, CFA, or related principles with solid experience in Investment Compliance. Experience in internal audit/risk management would be an added advantage.
  2. 15 years of working experience within an asset management business in an oversight or compliance role.
  3. Experience in dealing with regulators.
  4. Good knowledge and hands-on experience in investment compliance systems.
  5. Highly motivated self-starter, excellent organisational skills and strong attention to detail, conscientious and flexible, good interpersonal and communication skills.
  6. Ability to handle multiple tasks, plan time and meet deadlines, collaborative mentality, along with the gravitas to work closely with senior stakeholders.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries

Investment Banking and Financial Services

#J-18808-Ljbffr

  • Compliance Risk Manager

    4 days ago

    Makati City, National Capital Region, Philippines Eastern Communications Full time

    Data Privacy Governance and Compliance is a critical aspect of any organization's operations, particularly in the telecommunications industry.Eastern Communications is seeking a skilled Compliance Risk Manager to join our team and ensure our adherence to all legal, regulatory, and internal policies related to data privacy.In this role, you will be...

  • Head of Compliance and Risk Management

    4 days ago

    Makati City, National Capital Region, Philippines Lancesoft Philippines Full time

    Job DescriptionLancesoft Philippines is seeking a Head of Compliance and Risk Management to lead our compliance and risk management functions. The successful candidate will have a deep understanding of regulatory requirements and industry best practices, as well as experience in developing and implementing effective compliance and risk management...

  • Compliance Risk Manager

    5 hours ago

    Makati City, National Capital Region, Philippines Qubel Full time

    Job OverviewQubel, a leading fintech company in SE Asia, is seeking an experienced Senior Manager, Compliance and Controls, to lead the overall financial services business compliance and control function. The role reports directly to the CEO.The ideal candidate will have a strong background in compliance and risk management, preferably in the lending or...

  • Compliance Risk Manager

    4 days ago

    Makati City, National Capital Region, Philippines CBS China Bank Savings Full time

    Job SummaryWe are seeking a highly skilled Compliance Risk Manager to join our team at CBS China Bank Savings. The ideal candidate will have a strong background in corporate governance and regulatory compliance.The primary responsibilities of this role include:Developing and implementing effective compliance programs to mitigate risks associated with...

  • Risk and Compliance Specialist

    1 week ago

    Mandaluyong City, National Capital Region, Philippines Cobden and Carter International Full time

    Department: Risk and ControlReports To: Risk and Control ManagerSummary of the roleThe Risk Control Department is mainly responsible to develop, design and implement risk management programs that identify, assess and mitigate fraud risk and operational risk. The department is expected to uphold and protect the organizations assets, reputation and...

  • Compliance Risk Manager

    3 days ago

    Makati City, National Capital Region, Philippines AIA Philippines Full time

    AIA Philippines is seeking a seasoned Compliance Risk Manager to lead our compliance function and ensure adherence to regulatory requirements. This role involves overseeing the implementation of internal policies and procedures, monitoring compliance with local regulations, and providing guidance on investment restrictions and requirements.The ideal...

  • Risk and Compliance Specialist

    4 weeks ago

    Mandaluyong City, National Capital Region, Philippines Cobden and Carter International Full time

    Department: Risk and ControlReports To: Risk and Control ManagerSummary of the roleThe Risk Control Department is mainly responsible to develop, design and implement risk management programs that identify, assess and mitigate fraud risk and operational risk. The department is expected to uphold and protect the organizations assets, reputation and...

  • Compliance Risk Manager

    4 days ago

    Makati City, National Capital Region, Philippines RCBC Full time

    Company OverviewRizal Commercial Banking Corporation (RCBC) is a leading private domestic bank in the Philippines with over 60 years of experience in the banking industry.We provide a wide range of financial services to our customers, shaping the future of our communities, families, and generations to come.Innovation is at the core of what we do, as we...

  • Risk & Compliance Officer

    4 weeks ago

    Makati City, National Capital Region, Philippines WHR Global Consulting Full time

    WHR Global Consulting, a global talent solution provider is looking for a stellar candidate to fill the role of Risk Management Officer for its client based in Makati City.This is for direct hiring and for a role.Requirements:- Must be a graduate of Bachelor's Degree in Business Administration, Finance, Law or any related fields- Relevant certifications...

  • Distribution Risk and Quality Analytics Sr. Manager

    4 weeks ago

    Makati City, National Capital Region, Philippines Manulife Full time

    The opportunityThis role will be part of the Distribution Risk and Quality Control team whose primary responsibility is to monitor and mitigate the identified distribution risks across the local business units. Working closely with the business unit risk management, compliance, and distribution teams, the DRQAM will assist Distribution in ensuring adherence...

  • Risk and Compliance Associate

    2 days ago

    Makati City, National Capital Region, Philippines Security Bank Corporation Full time

    About The RoleThis is an exciting opportunity to join our team as a Junior Regulatory Compliance Officer!You will be responsible for ensuring that our financial operations are compliant with all relevant laws and regulations.Key ResponsibilitiesReview and analyze critical external reports to ensure accuracy and timelines.Collaborate with units within FinCon...

  • Compliance and Operational Risk Manager

    3 days ago

    Makati City, National Capital Region, Philippines AIA Philippines Full time

    About the Job:We are looking for a seasoned Operational Risk Consultant to join our team. In this role, you will be responsible for:Developing and implementing effective risk management strategiesCollaborating with stakeholders to identify and assess operational risksConducting reviews and assessments to ensure compliance with regulatory requirementsAbout...

  • Risk Management Specialist

    4 days ago

    Makati City, National Capital Region, Philippines Standard Chartered Life and Careers Full time

    About the RoleWe are seeking a highly skilled and experienced individual to join our team as a Risk Management Specialist in our Standard Chartered Life and Careers organization. In this role, you will play a key part in ensuring that risks are effectively managed and aligned with regulatory requirements.Key ResponsibilitiesDevelop and manage regulatory...

  • Compliance Risk Manager

    4 days ago

    Quezon City, National Capital Region, Philippines GoTyme Bank Corporation Full time

    Seniority LevelEntry levelEmployment TypeFull-timeJob FunctionAnalyst, Management, and FinanceWe are looking for a highly motivated and detail-oriented Compliance Risk Manager to join our team at GoTyme Bank Corporation.The primary purpose of this role is to identify potential risks and vulnerabilities and develop effective strategies to mitigate them.The...

  • Manager of Risk and Compliance

    4 days ago

    Makati City, National Capital Region, Philippines DXC Technology Inc. Full time

    About DXC Technology Inc.We help global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds.As a Audit and Financial Services Leader, you will lead our team responsible for delivering exceptional audit and financial...

  • Compliance Officer Risk Analyst

    7 days ago

    Makati City, National Capital Region, Philippines WHR Global Consulting Full time

    **Company Overview**WHR Global Consulting is a leading consulting firm that provides expert advice on risk management, audit, and compliance. We are committed to helping our clients navigate complex regulatory environments and minimize risks.**Job Description:**We are seeking a highly skilled Risk Management Strategist to join our team. The successful...

  • Risk and Compliance Executive

    3 days ago

    Makati City, National Capital Region, Philippines AIA Philippines Full time

    AIA Philippines invites applications for the position of Risk and Compliance Executive. As a key member of our executive committee, you will play a crucial role in addressing compliance issues and ensuring that our organization meets its regulatory obligations. This includes collaborating with other departments to implement effective controls, communicating...

  • Risk Management Specialist

    7 days ago

    Makati City, National Capital Region, Philippines AIA Hong Kong and Macau Full time

    About the JobWe are seeking a highly skilled and experienced AML Manager to join our Sales and Business Development Department. As an AML Manager, you will be responsible for overseeing the AML Team and its functions, including tasks such as AML and sanctions screening, client and beneficial ownership identification and verification, risk assessment,...

  • Financial Risk and Compliance Specialist

    4 days ago

    Makati City, National Capital Region, Philippines Seven Seven Corporate Group Full time

    About the Job:We are looking for a highly skilled Financial Risk and Compliance Specialist to join our team at Seven Seven Corporate Group. The successful candidate will have expertise in financial risk management and compliance, as well as experience working with GRC systems.This role requires close collaboration with business stakeholders and technology...

  • Compliance Risk Manager

    7 days ago

    Quezon City, National Capital Region, Philippines GoTyme Bank Full time

    About the OpportunityGoTyme Bank is a joint venture between the Gokongwei Group and Singapore-headquartered digital banking group Tyme. This partnership offers a unique opportunity to be part of a dynamic and innovative organization that is shaping the future of banking in the Philippines.We are seeking talented individuals who share our passion for creating...