Philippines Compliance Officer
Boku, Inc.Visit Boku, Inc. website
Global payments company providing localized payment methods and merchant payment services.
London, United Kingdom
About Boku, Inc.
Boku, Inc. operates a global payment network connecting merchants with localized payment methods. Its network reaches more than 7 billion consumer payment accounts in over 90 countries.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will develop and maintain local compliance, risk, AML and monitoring frameworks. You will manage regulatory reporting and relationships, oversee due diligence and transaction monitoring, assess regulatory change and risks, review arrangements and new products, track findings, coordinate audits and deliver compliance training.
Requirements
- At least 5 years of compliance or AML experience in financial services.
- Strong knowledge of BSP regulations, OPS, NPSA, AMLA, AMLC reporting and the Data Privacy Act.
- Experience in risk assessment, compliance monitoring, testing and regulatory examinations.
- Experience in a technology-led cross-border group with outsourced or shared-service models.
- Ability to translate regulatory requirements into business processes.
- Strong analytical, written, communication, stakeholder-management and problem-solving skills.
- Ability to work independently and collaboratively.
- Must meet BSP fit and proper criteria and maintain required AML training hours.
- Bachelor's degree in Law, Finance, Business Administration or a related field.
Responsibilities
- Develop, maintain and implement the compliance programme and compliance monitoring and testing plan.
- Identify, assess and monitor compliance risk and maintain the compliance risk register.
- Create, review and oversee the Money Laundering and Terrorist Financing Prevention Program.
- Maintain business-wide risk assessments and partner risk-rating methodology.
- Oversee customer and partner due diligence, ongoing monitoring and transaction monitoring.
- Report covered and suspicious transactions to the Anti-Money Laundering Council.
- Maintain AMLA-compliant records.
- Act as the primary contact for BSP and AMLC and coordinate regulatory submissions, examinations and inspections.
- Report compliance and AML/CTF status, risks, breaches and remediation to the Board.
- Monitor regulatory changes and update policies and processes.
- Review compliance aspects of outsourcing, intragroup arrangements, products, channels and partners.
- Track audit, examination and internal findings to closure.
- Coordinate independent AML audits and act on results.
- Provide annual AML/CTF and compliance training.
