Compliance and Risk Management Specialist

1 month ago


Taguig, National Capital Region, Philippines Visage Executive Search Full time
Job Description

We are seeking an experienced Compliance and Risk Management Specialist to join our team at Visage Executive Search.

About the Role
The successful candidate will be responsible for ensuring that our organization conducts business in accordance with relevant laws and regulations, including those of the Securities and Exchange Commission, the Central Bank, and other governmental agencies. This involves developing and implementing effective governance processes to manage KYC risks, as well as communicating risk and control requirements to technology partners and project management resources.

Key Responsibilities
  • Develop enhanced governance processes across our organization to improve oversight of KYC risks and enhance the effectiveness and efficiency of practices.
  • Work with technology partners to communicate business risk & controls requirements, impact assessment, and clear prioritization.
  • Collaborate with project management resources to consolidate, track, and report on the status of work efforts relative to defined committed deadlines.
  • Execute Know Your Customer (KYC) activities, ad-hoc regulatory requirement reports, and remediation's of the bank, including delivering the Compliance program for anti-money laundering, anti-bribery, sanctions, and other related disciplines.
  • Identify key risks in the current client life-cycle management process and recommend strategies to mitigate AML risks while operating efficiency levers and reducing account opening lead times.
  • Provide Subject Matter Expertise on potential key risks identified during the bank's review process, such as negative news/adverse media screening, customer activity reviews, client risk rating, etc.
  • Ensure preventive and detective KYC controls and monitoring programs are in place and provide adequate coverage.

Requirements
  • Bachelor's degree in Finance or a related field, or equivalent experience.
  • Minimum 5 years' strong experience in a related role with extensive experience in Financial Services.
  • Comprehensive experience of AML/KYC Compliance, Internal Audit, or Risk and comprehensive knowledge and understanding of banking operations, including regulatory requirements and reengineering and Controls Management.
  • Strong knowledge of KYC/AML rules and regulations, and risk management.
  • Broad and comprehensive knowledge and understanding of banking operations, including regulatory requirements and re-engineering.
  • Excellent oral and written communications skills; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders.
  • Strong project management skills and ability to prioritize.
  • Intermediate to advanced skills in Microsoft Product Suite.

Salary
$120,000 - $180,000 per year.



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