Regulatory Advisory Senior Officer

The role

This person will monitor and interpret BSP circulars and the MORB. They will advise business units on regulatory requirements and provide guidance during product and process design.

What you will do

• Monitor and interpret BSP circulars, memoranda, the MORB and other issuances.
• Prepare impact assessments covering requirements, affected units, implementation actions and deadlines.
• Advise business and support units on regulatory requirements.
• Give guidance at the design stage for products and processes.
• Review proposed products, customer journeys, process changes, partnerships, contracts, marketing materials and customer disclosures.
• Prepare or review regulatory submissions and responses.
• Support examinations by consolidating information, drafting responses and preparing briefing materials.
• Review policies, procedures and governance documents against requirements.
• Prepare regulatory updates and Compliance inputs for Management, the Audit and Compliance Committee and the Board.
• Work with various departments to give consistent guidance and maintain documented advice.

Required qualifications

• Bachelor’s degree in Accountancy, Finance, Business, Economics, Law or a related discipline
• At least 5 years of experience in banking compliance, regulatory advisory, regulatory affairs, audit, risk or legal work
• Working knowledge of the MORB, BSP regulatory processes, corporate governance, financial consumer protection and other relevant regulations
• Experience reviewing policies or products, interpreting regulations and coordinating responses to examination findings
• Strong analytical judgment, clear business writing and attention to detail
• Ability to manage competing deadlines, coordinate across functions, challenge constructively and handle confidential information with integrity

Nice to have

• experience with BSP-supervised institutions
• experience with digital banking, outsourcing, credit operations or treasury
• Relevant certifications or legal qualifications

About the company

Salmon Bank (Rural Bank) Inc. is the banking arm of Salmon Group Ltd., a technology-driven challenger bank in the Philippines operating under a BSP license.