Compliance Officer

1 week ago


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

About The Role
Assists the Data Protection Officer in ensuring that SBC, its subsidiaries and affiliates adopt and adhere to rules and regulations on Data Privacy as issued by the National Privacy Commission and in overseeing and ensuring the implementation of a proper data privacy framework within the SBC Group.

How you'll contribute

Client Relationship management

  • Serves as alternative contact person of the Bank in relation to data subjects, NPC and other authorities in all matters concerning data privacy and security issues or concerns.
  • Maintains and manages the DPO mailbox, refers emails to relevant units within the Bank and ensures timely response for communications handled by the DP Office

Governance, Control and Risk Management - Assists the DPO in the following:

  • Monitoring the Bank's compliance with the DPA, its IRR and other NPC issuances;
  • Analyzing and checking compliance of processing activities, including issuances of security clearances and compliance by third-party service providers or partners;
  • Providing advise and recommendations to the Bank regarding any DP issues;
  • Reviewing and/or advising the Bank as regards the necessity of executing a Data Sharing Agreement with third-parties and ensures compliance with the law;
  • Maintaining and updating existing Privacy Impact Assessments (PIA) and conducting new PIA as needed;
  • Providing advise to the different business units regarding complaints and/or the exercise of data subject rights (eg. Requests for information, clarifications, rectification or deletion of personal data);
  • Ensuring proper data breach and security incident management by the bank, the preparation and submission to the NPC of reports and other documentation concerning security incidents or data breaches within the prescribed period;
  • Advocating for the development, review and/or revision of policies, guidelines, projects or programs of the Bank relating to privacy and data protection, adopting the privacy-by-design approach;
  • Creating, reviewing or conducting DP training modules through various channels
  • Maintain and update the database and dashboards created by the DP Office, such as but not limited to PIA, data breach incident reports and DSA
  • Draft, for DPO's review, the monthly DP governance reports submitted as part of the Compliance Report for the Corporate Governance Committee and the Board.

Information/ Records Administration

  • Provide support to the DPO in the preparation of comments on draft regulations received from NPC;
  • Monitor regulatory developments pertaining to data privacy and ensures timely dissemination to concerned units
  • Assist the DPO in: 1. Updating and managing registration of DPS thru the NPC Registration System; 2. Completing, or monitoring the completion of, audit requirements, whether internal, external or regulatoary, and where necessary, coordinating any requirements with the concerned units/contact persons of the bank; 3. Provide sufficient support to the DPO team in preparing replies or updates to audit report, whether internal, external or regulatory, pertaining to data privacy, and in transmitting the same to concerned officers of the bank for appropriate action, including monitoring of on-time resolution of all exceptions or commitments

Ad hoc support to Corporate Governance unit

  • Assist in completing logistical requirements and document requests as part of the Exam Ad Hoc team

What we're looking for

  • Bachelor's Degree in Business, Management, Economics, Legal Management, or any related course
  • Certified Information Privacy Manager from the International Association of Privacy Professionals (IAPP) preferred (for Data Privacy); Institute of Corporate Directors Associate Membership (for Corporate Governance).
  • With at least 10 years of relevant experience particularly in Compliance, Corporate Governance, Data Privacy, Audit and/or Risk Management.
  • SBC Leadership Capability Framework for Level 2 Leaders - Functional Competencies: Compliance Audit, Data Privacy, Organizational Governance, Regulatory Environment – Financial Services, Regulatory Reporting, Risk Management

About Security Bank
Security Bank is one of the Philippines' best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.

We're recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.

Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes' World's Best Employers 2023 list.

At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): "YOU matter."

Start your BetterBanking career with us today


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