JOB SUMMARY: The Deputy Compliance Officer is responsible for assisting the Compliance Officer in designing, implementing, and ensuring compliance with the regulations set in the BSP Manual of Regulations for Non-Bank Financial Institutions. He/ She will also assist the Compliance Officer in implementing I-Remit’s Money Laundering Prevention Program (MLPP) pursuant to Bangko Sentral ng Pilipinas (BSP) Circular No. 707 Series of 2011 (Updated Anti-Money Laundering Rules and Regulations), BSP Memorandum No. M-2012-017 (Anti-Money Laundering Risk Rating System), the Anti-Money Laundering Act of 2001 (Republic Act 9160 as amended by Republic Acts 9194, 10167 and 10365) and its Revised Implementing Rules and Regulations, and The Terrorism Financing Prevention and Suppression Act of 2012 (Republic Act No. 10168) and its Implementing Rules and Regulations. DUTIES & RESPONSIBILITIES: Assists the Compliance Officer in ensuring compliance of all officers and employees with the MLPP.Conducts periodic compliance checking that covers, among others, the evaluation of transactions, and the assessment of current processes, policies and procedures.Assesses compliance by agents and tie-ups with the Company’s MLPP and other relevant regulations.Prepares reports on compliance findings and ensures that infractions are immediately corrected.Files covered and suspicious transaction reports with the Anti-Money Laundering Council or other relevant regulatory bodies in other countries.Maintains records and documents in relation to AML/CTF.Informs all officers and employees of all regulatory issuances in relation to matters aimed at preventing money laundering and terrorism financing.Organizes the timing and designs the content of the AML/CTF training for officers and employees.Performs all other duties deemed necessary to support the company’s business goals and operations that are reasonably commensurate with this post.NOTE: On-site work set-up.
