Epicareer Might not Working Properly
Learn More

Alternate Compliance and Data Privacy Officer

Salary undisclosed

Apply on


Original
Simplified

Together with the Compliance and Data Privacy Officer, the Alternate Compliance and Data Privacy Officer shall:

  • Oversee the effective implementation of the Company's compliance system and ensure that breaches are immediately rectified when they arise. He/She shall assist in administering the Company's Compliance and Data Privacy Program and interacting with the Insurance Commission, Anti-Money Laundering Council, National Privacy Commission, and other regulators on compliance-related issues.

Duties and responsibilities:

  • Regulatory Compliance and Anti-Money Laundering Compliance: Supports the Compliance and Data Privacy Officer in ensuring full compliance of requirements as specified in the Amended Insurance Code, Anti-Money Laundering Act, Data Privacy Act, as well as other codes, good practices and manuals and guidelines issued by the IC, AMLC, SEC, NPC and the BSP.
  • Compliance Program Implementation: Supports the Compliance and Data Privacy Officer in implementing the Compliance Program of the Company and conducting periodic compliance review function on applicable legal and regulatory requirements.
  • Independent Compliance Testing: Assist in assessing the regulatory risk and identification of areas for the Independent Compliance Testing/Regulatory Compliance Testing Checklist.
  • Anti-Money Laundering: Assist in ensuring that the Company implements effectively its internal policies, guideline, procedures, systems and controls on the prevention of money laundering and terrorist financing (AML/CFT systems) are met and risks identified are addressed and mitigated.
  • Data Privacy: Assist in monitoring PIC's and PIP's compliance with DPA, its IRR, issuances by the NPC and other applicable laws and policies.
  • Support in Regulatory Compliance/Anti-Money Laundering Advisories and Trainings: Assist in conducting training and informing the branch staff on regulatory requirements and provide advisories to the company on any matter related to regulatory issuances and laws.

Qualifications:

  • College Graduate (Legal Degree or Certification on AML/Data Privacy is an Advantage.
  • With at least 1-3 years compliance/anti-money laundering/data privacy experience, preferably in the insurance/banking industry.
  • Must be willing to work onsite and be assigned in Ortigas.