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Jobs in Philippines   »   Jobs in Dumaguete   »   Finance / Banking / Insurance Job   »   SG Bank Compliance Officer
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SG Bank Compliance Officer

U-BIX Corporation

U-BIX Corporation company logo

Functions as an independent and objective body that reviews and evaluates compliance issues/concerns within the organization. Ensures that the officers, management and employees comply with the regulatory requirements of the government particularly the BIR and BSP.

1. To oversee and coordinate the implementation of the bank’s compliance system including

identification, monitoring and controlling of compliance risks.

2. Establish effective and efficient regulatory program and coordinate its implementation to all

personnel.

3. Report to the Board of Directors all significant compliance issues requiring immediate

corrective actions, provide compliance updates on a quarterly basis.

4. Conduct compliance testing on self-assessment of regulatory compliance.

5. Review and evaluate the appropriateness of internal policies and procedures for regulatory

consistency, proposing changes and/or amendments whenever practicable.

6. Strengthen compliance regulatory matrix to facilitate easy preference, understanding of

applicable laws, rules and regulations of all concerned.

7. Monitor compliance with the Corporate Governance Manual.

8. Establish a clear and open communication process within the bank to educate and update

concerned officers and employees and address compliance matters.

a. Dissemination of new laws, rules and regulations upon receipt from regulatory bodies by

providing officers and staff synopsis/clarifications pertinent to new regulatory issuance

in a timely and accurate manner.

b. Determine the training requirements of employees, search for accredited seminar

providers, check the program syllabus if applicable to the employee’s and bank’s needs.

9. Serve as primary contact with the regulators for the regular and special BSP examinations of

the bank.

10. Serve as primary contact with the external auditors on special and regular annual audit of

the bank.

11. Review, analyze, consolidate and submit the management replies to the exceptions noted by

the regulatory examiners.

12. Monitor and assess industry trends and best practices in the compliance, corporate

governance and anti-money laundering field through the involvement in industry

associations and activities.

13. Develop and maintain a constructive working relationship with regulatory agencies who will

be called upon to clarify specific provisions of laws, rules and regulations and discuss

compliance exemptions.

14. Keeping abreast with the recent development in compliance, corporate governance and

anti-money laundering.

15. Perform other functions as may be assigned by the Board of Directors but should not be in

conflict with his independence from the business activities of the bank as per section 180.6

of the MORB. He/She should be able to carry out its responsibilities on his/her own initiative

in all units or departments where compliance risk exists and must be provided with sufficient

resources to carry out its responsibilities effectively.

• With at least 2 years of relevant banking experience;

• Graduate of Bachelor’s degree in Accounting or equivalent;

• Certified Professional Accountant (CPA) is an advantage but not required;

• Sound understanding of accounting and financial reporting principles and practices;

• Analytical mind with strong conceptual and problem-solving skills;

• Meticulous attention to detail with the superb organizational skills;

• Ability to work under pressure and meet tight deadlines;

• Excellent verbal and written communication skills;

• Advanced competency in Microsoft Office applications.

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