Compliance Risk Manager

The Compliance Risk Manager (CRM) is responsible for designing and monitoring internal Anti-Money Laundering (AML) procedures and policies relating to record keeping, reporting, risk assessment, customer due diligence measures, and management control systems.

The CRM shall be responsible in assisting the Compliance Officer in organising and arranging training for those working with Bnk To The Future on anti-money laundering procedures, the CRM role also involves receiving internal disclosures of suspected money laundering or terrorist financing activities and shall assist the Compliance officer in deciding whether or not there is sufficient evidence to warrant a disclosure to the relevant authority.

Responsibilities include (but are not limited to):

1. Handling the preparation work and management of inspections by the Regulator;
2. Researching and understanding changes in regulation;
3. Assisting the Compliance Officer in developing policies internally relating to AML in Bnk to the Future and overseeing the implementation of those policies;
4. Working to develop AML guidance materials, training resources and controls;
5. Updating internal handbook on AML policies;
6. Advising and updating senior management, compliance team and the company overall of any likely implications of changes to internal policies;
7. Assist in implementing the annual AML plan and performing the relevant quality assurance checks to ensure adherence;
8. Conducting due diligence reviews;
9. Reporting results to senior management of reviews of AML risk assessments and monitoring remedial proceedings;
10. Identifying, investigating and resolving all activities that are deemed non-compliant;
11. Reviewing and approving all advertisements for publishing and broadcasting;
12. Planning and keeping records of annual (and also ongoing) AML training sessions;
13. Providing advice on the implication of future business strategies;
14. Assisting Compliance Officer in subject matter expertise for the business and point of reference to address related queries;
15. Informing senior management and Compliance Officer on relevant breaches;
16. Assist Compliance Officer in compiling reports for the board and internal risk committees;
17. Assist in addressing issues relating to transaction monitoring, filtering, PEP, adverse media and sanctions;
18. Day to day management of the compliance team, which shall include but not limited to team meeting, team training, team on-boarding and managing team day to day activities and responsibilities;
19. Assisting HR in recruitment process for the compliance department;
20. Reporting and monitoring investor and client on-boarding KPI's;
21. Supporting and assisting the Technical department in developing compliance technologies and quality assurance related to Reg-Tech.

Qualifications and Education Requirements:

• Graduate degree in business studies, law, accounting or specific training in risk management;
• Background in investment, banking, insurance or law enforcement.

Preferred Skills and Attributes:

• Must be able to demonstrate excellent verbal and written communications in English language. Verbal and written communications in Spanish and Filipino is desirable but not essential;
• Excellent interpersonal skills;
• Ability to communicate well with all levels of team, especially at the senior level;
• An analytical, investigative and enquiring mindset;
• Systematic approach to work;
• Exceptional report writing skills;
• Good oral and written communication skills in English language;
• Excellent presentation skills;
• Persuasive, assertive, and proactive;
• Must be tech savvy. Proficient in using latest technologies such as Mac (preferred) or non-Mac technologies;
• Self-motivated team player;
• Must have excellent attention to details;
• Extensive knowledge of regulatory and legal framework relating to the business;
• Ability to multi-task and prioritise;
• Ability to maintain strict confidentiality.