Regulatory Compliance Manager

Key Responsibilities

Together with the Regulatory Compliance Head and CCO, to promote, lead, manage, throughout the company the culture and practice of compliance within the letter and spirit of compliance and regulatory requirements and ethical standards in the conduct of business and to oversee the company's compliance with those requirements and standards applicable in its footprint.

To ensure the effectiveness of the Bank's management of compliance and regulatory risk issues through the establishment and maintenance of appropriate and effective framework and procedures, that compliance and regulatory risks are anticipated, identified, escalated and reported to senior stake holders, mitigated and managed so as to avoid any financial and reputational loss.

Key Responsibilities:

• Assist in the review, issuance and dissemination of regulatory issuances from the Bangko Sentral ng Pilipinas (BSP), Anti-Money Laundering Committee (AMLC) and the Philippine Deposit Insurance Corporation (PDIC).
• To track the submission of periodic regulatory reports due from the various Business Units (BUs) of the Bank and their status.
• To fulfill the role of the DCORO in case of absence, incapacity or vacancy of the position of Regulatory Compliance Head who is the DCORO of CO.
• To prepare the initial draft of periodic reports of CO to PH committees and to Group committtees.
• To send reminders, monitor the submissions and/or do the submission of reports to the BSP, AMLC or PDIC.
• To assist in the issuance of regulatory advisory to various business units (BUs) of the Bank.
• To assist in the status follow up and checking the status of compliance to various regulatory issuances of the BSP, AMLC or PDIC.
• To monitor, assist and/or coordinate communication with the BSP, SEC or PDIC upon instruction of the CO.
• To perform Compliance Review or Initiative functions as per the CO Work Plan for the year.
• To assist and handle materials, documents, walk-throughs, meetings and other related work during BSP Visitation, Examination and upon issuance of the Advance Report of Examination Findings (AREF) and the Report of Examination (ROE).
• To monitor the replies and undertakings on the BSP's AREF and ROE in coordination with other BUs.
• Draft letters, memos or materials upon instruction of the Regulatory Compliance Head or CCO.
• To maintain the files database of CO and ensure that all documents of CO from reports, letters or documents are filed properly and readily available.
• To update the registered email addresses registered with the BSP whenever there are changes thereto.
• Other tasks that may be assigned from time to time.

Education

• College graduate
• Professional Certification & Licenses

Work Experience

• With at least 3 years work experience in a bank performing general orregulatory compliance function.

Knowledge Areas

• Working knowledge of banking products and services, including the laws, rules and regulations in the Philippines
• A good understanding of regulatory environment in the Philippines.

Competencies/SkillsTechnical / Functional skills

• Working knowledge of banking products and services, including the laws, rules and regulations in the Philippines
• A good understanding of regulatory environment in the Philippines.

Personal skills (Soft competencies)

• Personal integrity and ethics.
• Good judgement in enabling the provision of sound advice in difficult areas of regulation and practice and the proactive management of compliance and regulatory risks.
• Strong presentation and influencing skills, required in guiding and assisting teams in putting forward proposal for clients, whenever necessary.
• Building strong culture for excellent service and growth opportunities

for the company to attract and retain top talents.

Personal Attributes

• He/she must be fit and proper for the position, and in this regard, the following shall be considered:

o Integrity/probity,

o Physical and mental fitness,

o Competence,

o Relevant education and financial literacy training,

o Diligence, and

o Knowledge/experience.

• He/she must be a member of good standing in the relevant industry, business or professional organization.
• Proven ability to establish internal and external relationships across all levels.

Job Type: Full-time

Work Location: In person