Compliance officerRBT Consulting

Description
Duties and Responsibilities:
- Oversee the compliance with the applicable regulation
- Provide advisory and reporting to the entity's management and CEO/GM on compliance matters and risks
- Provide advisory and support to the different Business Units on compliance matters
- Perform compliance risk identification, assessment, advising on the identification of mitigation actions and support on the identification on potential remedial actions
- Perform second level controls
- Perform reporting obligations to Group/Regional Compliance, local management and Risk Sub-Risk Committee
- Ensure the implementation of the Compliance Operating Model in line with the Compliance Management System Policy
- Advising on maintaining the AML/CTF & International Sanctions Control framework and undertaking his/her responsibilities as MLRO
- Provide training and support on compliance-related topics to staff and management in line with the Annual Plan
- Ensure the adequate implementation of the Group Compliance policies in the entity
- Maintain the relationship with the Insurance Authority and ensure request and enquires are met
- Oversee the compliance with the applicable regulation and provide advisory on compliance matters and risks to local executives, business units and staff
- Provide regular reporting to the local Board of Directors - Executive Committee - as required by the Group Compliance Management System Policy (e.g. Annual Compliance Plan; Annual Report, etc.) as well as other reports that may be necessary for the Board to stay informed and perform its compliance oversight obligations
- Inform the Executive Committee / the management of material compliance risks that derive either from business initiatives or new laws and regulations impacting the entity's compliance risks
- Provide support on specific projects such as distribution partnership, due diligences, different business projects, and/or others
- Provide advice to the business, products and distribution channels
- Provide advice on the maintenance of the AML/CTF/International Sanctions control framework; reviewing specific cases and required reporting to the relevant authorities
- Prepare and provide reporting to Group/International/Regional Compliance on material compliance risks and the main key compliance indicators: regulatory inspections, potential fines, main regulatory changes and allegations reported
- Support and provide advise on the reporting and management of related parties transactions
- Evaluate inherent and residual compliance risks to which the Company is exposed by using the given Group methodology: identifying risks, performing risks assessments, support and advising on the identification of targeted mitigation actions or potential remedial actions; timely report the results to the Regional Office and to the local management
- Perform second level controls in line with the Annual Plan of Activities
- Ensure all Compliance Function's members are undertaking adequate trainings and development plans in line with the Annual Plan of Activities
- Advise on the implementation of specific compliance training plans for staff and/or distribution network
- Design the material and deliver the risk-related trainings as well as code of conduct & ethics-related trainings or awareness initiatives in line with the Annual Plan of Activities
- Make sure all applicable Group Compliance policies are adopted in accordance with the current GIRS methodology in place in Asia
- Set-up adequate procedures in line with Group Compliance policies implemented locally
- Ensure the implementation of the Compliance Operating Model in line with the Compliance Management System Policy
- Receive allegation reports, steer and manage investigations, ensuring coordination with other departments and Regional/International/Group Compliance
- Advise Regional and local management on internal allegations when possible/required
- Assess and challenge, at least annually, the new needs of the function in terms of human resources, IT tools, course or seminars and or any other resources that may be necessary to meet the targeted objectives
Qualifications:
- A relevant degree in law or accounting or economics or engineering or risk management
- Minimum of 5 years of experience in compliance or risk functions in the financial market (bank or insurance companies; insurance is preferred)
- Understanding of the regulatory framework, applicable regulation and related compliance obligations
- Knowledge of insurance business and operations/processes
- Familiarity with compliance risk management methodologies
- Ability to carry out effective communication and correspondence with external regulators and internal executives
- Ability to explain and follow relevant compliance policies involving applicable responsibilities, goals, processes and reporting procedures
- Team player with strong ability to manage time in an effective manner
- Ability to manage complex situations and meet deadlines
- Ability to work in a diverse and international environment
- Ability to deal with multiple stakeholders and executives
- Sound judgment and discretion when dealing with confidential information
- Excellent planning, organizational and decision making skills
- Fluent in English
- Willing to work in Makati
Requirements
Minimum education level: Bachelor ́s Degree
Years of experience: 5
Language(s): English
Knowledge: Decision making, Communication and persuasion, Management, Organisation, Planning
Availability for travel: Yes
Availability for change of residence: Yes

Makati, National Capital Region ·  Today, 04:42 PM
Work type
Full Time