Philippines Compliance Officer

The role

The Compliance Officer ensures Boku operates in accordance with local and regulatory requirements in the Philippines. This person will develop and implement compliance programs and risk frameworks in line with Bangko Sentral ng Pilipinas requirements.

What you will do

• Develop, maintain and implement the Compliance Program and monitoring plan in line with BSP regulations.
• Identify, assess and monitor compliance risk and maintain the compliance risk register.
• Create, review and oversee implementation of the Money Laundering and Terrorist Financing Prevention Program.
• Maintain the institutional risk assessment and partner risk rating methodology.
• Oversee customer and partner due diligence, ongoing monitoring and transaction monitoring.
• Ensure timely and accurate reporting of Covered and Suspicious Transactions to the AMLC.
• Ensure record-keeping meets AMLA retention requirements.
• Act as the primary contact with BSP and AMLC.
• Report to the Board on the status of compliance and AML/CTF, key risks, breaches and remediation.
• Monitor regulatory changes in the Philippines and ensure policies and processes are updated.

Required qualifications

• At least 5 years’ experience in compliance or AML within the financial services industry.
• Strong working knowledge of BSP regulations applicable to OPS, the NPSA, the AMLA and its IRR, AMLC reporting, and the Data Privacy Act (RA 10173).
• Experience in risk assessment, compliance monitoring and testing, and managing regulatory examinations.
• Previous experience in a technology-led, cross-border group with outsourced or shared-service models.
• Strong judgement and integrity.
• Able to translate regulatory requirements into workable business processes.
• Strong analytical, written and stakeholder management skills.
• Excellent communication, analytical, and problem-solving skills.
• Ability to work independently and collaboratively with regional and Group teams.
• Adaptable, proactive, hands-on and capable of managing multiple shifting priorities.
• Meets BSP fit and proper criteria and maintains required AML training hours.
• Bachelor's degree in Law, Finance, Business Administration, or a related field.

Nice to have

• Experience in a BSP-supervised institution, payments, e-wallets or digital payments.
• Relevant AML or Compliance (g. CAMS, ICA) qualifications

About the company

Boku connects billions of consumers to preferred payment methods. The company operates across 60+ countries and supports 200+ local payment methods.