Regulatory Compliance Officer
4 days ago
EastWest Bank is seeking a highly skilled Regulatory Compliance Associate to join our team. This role is responsible for assisting the Chief Compliance Officer in various administrative tasks and ensuring compliance with regulatory requirements.
Key Responsibilities- Assist in logistical preparations for BSP Examination, BCO and DBCO quarterly meetings, and Division meetings.
- Maintain an organized file of correspondences with regulators, customer complaints, and Reports on Crime and Losses (RCL).
- Monitor receipt of and timely submission of replies to customer complaints/requests coursed through the BSP.
- Assist Compliance Officers in monitoring/following up with units concerned their responses to BSP issuances, letters, surveys, etc. coursed through Compliance Division. Keeps a hard copy and/or soft copy of all correspondence to and from BSP, PDIC, SEC, and other regulatory agencies.
- Coordinate the preparation and finalization of RCL, submits the report to BSP, and monitors closure of RCL. Also refers to AML Compliance Officer if RCL also requires Suspicious Transaction Reporting.
- Assist in preparing presentation materials for Corporate Governance and Compliance Committee, RPT Committee bi-monthly meetings, BCOs, and DBCOs quarterly meetings, and Division meetings.
- Maintain the tracking of the Divisions SLAs with its customers.
- Graduate of 4-year Business or Economics course.
- Preferably with at least one (1) year of banking experience.
- Computer literate, reasonably proficient in Microsoft Office Applications.
- Good communication skills (oral and written).
- Good reading comprehension.
- Preferably with working knowledge of basic banking operations.
- Behavioral Competencies: Willingness to learn and adaptability to perform new tasks, attention to details, results/performance driven, organized in methods of work, team player, has integrity, willing to go the extra mile to achieve the goals of the Division and the Bank.
The estimated salary for this role is PHP 35,000 - 50,000 per month, depending on experience and qualifications. The bank offers a comprehensive benefits package, including medical insurance, retirement plan, and opportunities for professional growth and development.
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