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Compliance Specialist

Salary undisclosed

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Company Description

Starpay is a leading financial technology company licensed by the Bangko Sentral ng Pilipinas (BSP) as an e-money issuer and an operator of payment systems. We offer digital payment solutions and money movement capabilities with e-wallets, disbursements, and collections services. We want to enable the unbanked and underbanked–marginalized Filipinos–to participate in the financial ecosystem and to benefit from the digital economy through inclusive innovation.

Role Description

  • Formulate policies and procedures, including, but not limited to, the Money Laundering and Terrorist Financing Prevention Program (MTTP) and Compliance Program.
  • Set Parameters for customer risk rating and red flag alerts, and initiate systems for compliance and AML-related activities.
  • Conduct investigation reports on red flags detected, and prepare and submit covered transaction reports and suspicious transactions.
  • Monitor and disseminate regulatory issuances to concerned units.
  • Monitor or review internal and external correspondences, and submission of reportorial reports to relevant regulatory bodies or agencies.
  • Provide advisory or assistance to requesting units or personnel on compliance matters.
  • Conduct compliance and AML training for employees.
  • Conduct an institutional risk assessment.
  • Track actions on, or compliance with, observations or directives of BSP and other relevant regulatory bodies and agencies.
  • Prepare minutes of the Compliance and AML Committee.
  • Perform compliance testing.
  • Perform other tasks that may be assigned from time to time.

Qualifications

  • With working knowledge of BSP's Manual of Regulations; and AMLA, its implementing rules and regulations, and rules and regulations of the AMLC.
  • Can formulate or write policies and procedures, minutes, compliance advisories, and correspondences.
  • Good interpersonal skills to coordinate with regulatory bodies and internal customers.

Company Description

Starpay is a leading financial technology company licensed by the Bangko Sentral ng Pilipinas (BSP) as an e-money issuer and an operator of payment systems. We offer digital payment solutions and money movement capabilities with e-wallets, disbursements, and collections services. We want to enable the unbanked and underbanked–marginalized Filipinos–to participate in the financial ecosystem and to benefit from the digital economy through inclusive innovation.

Role Description

  • Formulate policies and procedures, including, but not limited to, the Money Laundering and Terrorist Financing Prevention Program (MTTP) and Compliance Program.
  • Set Parameters for customer risk rating and red flag alerts, and initiate systems for compliance and AML-related activities.
  • Conduct investigation reports on red flags detected, and prepare and submit covered transaction reports and suspicious transactions.
  • Monitor and disseminate regulatory issuances to concerned units.
  • Monitor or review internal and external correspondences, and submission of reportorial reports to relevant regulatory bodies or agencies.
  • Provide advisory or assistance to requesting units or personnel on compliance matters.
  • Conduct compliance and AML training for employees.
  • Conduct an institutional risk assessment.
  • Track actions on, or compliance with, observations or directives of BSP and other relevant regulatory bodies and agencies.
  • Prepare minutes of the Compliance and AML Committee.
  • Perform compliance testing.
  • Perform other tasks that may be assigned from time to time.

Qualifications

  • With working knowledge of BSP's Manual of Regulations; and AMLA, its implementing rules and regulations, and rules and regulations of the AMLC.
  • Can formulate or write policies and procedures, minutes, compliance advisories, and correspondences.
  • Good interpersonal skills to coordinate with regulatory bodies and internal customers.