Internal Audit – Compliance Manager

The Internal Audit – Compliance Manager is responsible for independently assessing NUSTAR Resort & Casino's adherence to PAGCOR regulations, AMLC requirements, CIRR provisions, and the company's MTPP. The role focuses solely on evaluating the design and effectiveness of AMLC/CFT and regulatory controls implemented by the management and the Compliance Team.

This position reports functionally to the Audit Committee, and provides objective assurance on regulatory governance, AML program effectiveness, and compliance-related risks, without performing Compliance functions or operational Audits.

Regulatory Compliance Assurance

Conduct independent audits to assess NUSTAR's adherence to PAGCOR regulations, AMLC requirements, CIRR provisions, and the MTPP.

Evaluate the design, adequacy and effectiveness AML/CFT controls implemented by the management and the Compliance Team

Assess key control areas, including customer identification (KYC/CDD/EDD), name screening, sanctions filtering, transaction monitoring controls, STR/CTR reporting workflows, threshold management, and record-keeping compliance.

Review governance structures supporting AML/CFT compliance, ensuring alignment with CIRR Section 14(d) requirements for an independent audit program.

Compliance Risk Assessment & Planning

Develop and maintain a risk-based AML/CFT and regulatory audit plan, aligned with CIRR, AMLC issuances, and regulatory risk priorities.

Conduct AML and compliance related control risk assessments at both process and thematic levels.

Present audit plans, significant risks, and identified regulatory gaps to the Internal Audit-Compliance Senior Manager and the Audit Committee.

Audit Execution

Lead AML/CFT and regulatory compliance audit engagements from planning to reporting, ensuring adherence to Global Internal Audit Standards (GIAS).

Perform detailed testing to assess compliance with MTPP controls, CIRR minimum requirements, and AMLC reporting expectations.

Validate the integrity, accuracy, and reliability of AML/CFT-related reports submitted to regulators (PAGCOR, AMLC), without preparing or filing reports.

Document audit work comprehensively in accordance with Internal Audit methodology and IIA standards.

Reporting & Communication

Prepare high-quality AML/CFT audit reports, ensuring clarity, accuracy, and evidence-based findings.

Present audit results to process owners, senior management

Facilitate exit conferences and obtain management responses and action plans.

Provide timely updates and reporting to the Audit Committee, as required.

Monitoring & Follow-up

Track remediation status of AML/CFT compliance audit findings.

Maintain an updated audit issues tracker with committed action plans.

Escalate overdue or high-risk audit issues to Internal Audit- Compliance Senior Manager.

Validate completed corrective actions to ensure risks are effectively mitigated.

Regulatory Engagement (Audit Support Only)

Coordinate Internal Audit's participation during PASED (PAGCOR AML Supervision and Enforcement Department) inspections or inquiries.

Monitor regulatory updates to ensure relevant changes are reflected in future audit plans and assessments.

Align Audit Plan based on audit issues identified by PASED.

Advisory & Continuous Improvement

Provide control-focused recommendations to enhance AML/CFT governance and regulatory compliance frameworks, while maintaining audit independence.

Support Internal Audit's continuous improvement initiatives and methodology enhancements.

Participate in governance or compliance related committees strictly in an observer/audit capacity.

Ethics, Independence & Professionalism

Maintain audit independence, objectivity, and confidentiality at all times.

Uphold compliance with GIAS, Internal Audit Charter, and ethical standards.

Pursue ongoing professional development and training related to AML/CFT auditing and regulatory assurance.

Education

Bachelor's degree in Accountancy, Internal Auditing, Business, Law, or related field

Master's degree or postgraduate certification is an advantage

Experience

Minimum 5–8 years of experience in internal audit, compliance, AML, regulatory, or risk management roles

Experience in casino, gaming, or financial services is highly preferred

Hands-on experience dealing with PAGCOR and AMLC regulations is a strong advantage

Certifications

Preferred:

CPA, CIA, CFE, CISA, CAMS, or AML/CTF-related certification

Mandatory Skills

Strong understanding of PAGCOR regulatory framework

Solid grasp of AMLA, AMLC regulatory requirements, risk indicators, and reporting processes

Knowledge of internal controls, risk management, and compliance auditing

Strong analytical, communication, and report-writing skills

Ability to analyze operational processes and identify regulatory gaps

Stakeholder management and cross-functional collaboration