Executive search firm Monroe Consulting Group Philippines is recruiting on behalf of a well-established, BSP-regulated financial technology company in the Philippines. The organization provides a range of digital financial services, including e-wallet solutions that enable users to send money, pay bills, and purchase mobile load, as well as other digital financial services within its regulated ecosystem.
Our client is currently seeking an experienced and dynamic Regulatory Compliance Officer who will work closely with the Chief Compliance Officer and various business units to ensure the company remains fully compliant with applicable regulatory requirements. The role is based in BGC, Taguig City, with a hybrid work arrangement.
Key Responsibilities
- Work closely with the Chief Compliance Officer, and other Business Units to ensure that the Company is compliant with its various regulatory compliance obligations
- Assist the Chief Compliance Officer to define the requirements for regulatory compliance and develop compliance risk assessment programs according to the annual compliance plan
- Assist the Chief Compliance Officer to identify risks and recommend solutions and implementation strategies for compliance issues to management and employees of all business units
- Provide compliance training to compliance managers on effectively carrying compliance programs for all employees in order for them to be knowledgeable of organizational policies, and federal/state standards
- Review and revise compliance policies on a regular basis and coordinate with other departments including internal audit and risk management
- Supervise, guide, and counsel compliance teams and monitor their implementation of key compliance strategies, initiatives and action plans
- Oversee internal and external funding sources and budgeting within compliance units to ensure successful implementation of the compliance mission
- Consult and report to the chief compliance officer regarding all compliance related initiatives, corrective actions, and reviews
- Manage the Regulatory Compliance Team
- Ensure that the business operations are executed within the legal and ethical boundaries set by the regulations
- Execution of Compliance Program to recognize areas where the company might be vulnerable to non-compliance
- Assist the BSP/Internal Auditors/External Auditors in conducting its periodic audit with the company
Key Qualifications
- Bachelor's degree in law, finance, business management, or a related field
- 3-5 years' proven experience in a Compliance Officer role
- Good knowledge of legal requirements and procedures
- With people managing experience
- Brilliant oral and written communication skills
- Highly-analytical with strong attention to detail
