Job Title: Compliance ManagerJob Level: ManagerJob Type: Permanent, Full TimeEmployer: Kabayan Outsourcing (Phils) Inc.Salary: PHP 100,000-120,000 depending on experienceLocation: Ortigas, PhilippinesReports To: Head of ComplianceDirect Reports: None, however one dotted line reportTravel Requirements: Rare, but possibly required occasionallyWebsite: https://kabayanremit.com THE KABAYAN GROUP Kabayan Capital Ltd t/as Kabayan Remit ("Company"), is the parent company of a group providing money remittance services to the Filipino community in the UK, USA and North America. The Kabayan Group has offices in the UK, Canada, the USA and a contact centre based in Manila, Philippines ("Group"). The Company is authorised and regulated by the Financial Conduct Authority in the UK and Kabayan Capital (Canada) Inc., the Canadian subsidiary, is registered with and regulated by FINTRAC. ROLE PURPOSE The purpose of the CMG (Manila) role is to assist the Head of Compliance in monitoring, reviewing and improving the compliance policies, training, processes and controls throughout the Group. This includes preparing, reviewing and updating all policies and procedures the Compliance Department is responsible for (including, but not limited to, combatting money laundering, terrorist financing, fraud and other financial crime, data privacy, bribery, corruption, modern slavery, whistleblowing, complaints and gifts, hospitality and entertainment) as well as monitoring the legal landscape in all the markets the Group operates to make sure all policies and processes are fit for purpose. The candidate will also be expected to take over the running and oversight of all compliance training throughout the Group. In addition to the above, the candidate will be expected to take over running regular (monthly, annually) internal audit reviews of various aspects of the Group's business and then report and follow up on any findings and recommendations made. Training in this area will be provided. The candidate will slowly take over responding to business partners when they ask for information and various documents as part of their partner monitoring programmes. In addition, they will liaise with external auditors when they conduct third party audits of Group businesses. The candidate may also, occasionally, be asked to review and draft commercial contracts. KEY RESPONSIBILITIES To assist in maintaining and developing AML and Financial Crime Policies and operational procedures (together with any other policies which are the responsibility of the Compliance Department) to ensure that all Group compliance policies are updated at least annually and in line with changes in legislation and regulatory guidelines and are fit for purpose to identify and manage all elements of risk. Respond to requests for information from partners; these are received monthly, quarterly, annually and ad hoc depending on the partner. Assist in external audits conducted annually. Monthly sampling of work output by compliance department to ensure adherence with requirements and to identify deficiencies in knowledge, process etc. ("monthly mini-audits"). In agreement with the Head of Compliance and the Group's senior management, identify elements of the Group's processes and undertake an "internal audit" of such processes at agreed intervals in an agreed timescale and report back to the Head of Compliance and Group senior management with findings and recommendations. Diarise and remind relevant personnel on all regular milestones required for the proper functioning of the Compliance function – for example, diarising all annual policy reviews, risk assessment updates etc. Assist Head of Compliance with regulatory filings. General oversight of all Group Compliance training initiatives. Any other tasks that may be agreed upon from time to time. SKILLS REQUIRED Minimum 5 years' experience in legal private practice. Fluent language skills in English (including reading and writing). Experience in compliance activity a bonus. Attention to detail in decision making and ability to explain the reasons and provide appropriate evidence for decisions taken. Ability to apply "mid" and "long" term thinking to issues to effect change that will be "future proof". Ability to work under pressure balancing multiple priorities with minimal supervision. Strong moral and ethical compass. Strong IT skills. Strong knowledge of statutory AML/CTF legislation and relevant guidelines globally. Job Type: Full-time Pay: Php100,000.00 - Php120,000.00 per month Benefits: Additional leave Health insurance Promotion to permanent employee Supplemental pay types: 13th month salary #J-18808-Ljbffr
