Compliance Testing & Monitoring Officer- Makati

The Compliance Testing & Monitoring Officer assists the Unit Head in the development and execution of monitoring activities and risk-based compliance testing programs aligned with the approved annual Compliance and Legal Team’s Monitoring and Testing Plan, methodology and approach. Monitoring function ensures that regulatory obligations, reports and deliverables are accurate and timely prepared and submitted to regulatory agencies and the Group. This includes regulatory directives, Partners (Western Union), the Group and Internal Audit finding and recommendations, as well as monitoring training requirements and participation in the regular Management reports. Compliance Testing provides reasonable assurance that the Business and Support Units adhere to existing laws, regulations and standards through conduct of test and control checks of policies, procedures and practices.

The role will work closely with the Compliance Testing & Monitoring Unit Head to ensure effective operations of key elements of PETNET, Inc. Compliance Testing & Monitoring functions.

Job Specification:
Education: Graduate of Accountancy or Finance-related courses, preferably a Certified Public Accountant;
Experience: At least two (2) years of actual compliance or audit experience within the banking/finance industry, preferably in a bank or remittance company;
Knowledge: Demonstrate extensive knowledge in compliance laws, regulations and standards in regulated banking/financial industry, including remittance business regulations, Anti-Money Laundering and Counter-Terrorism Financing, Accounting Standards, Audit, and Internal Controls, compliance functions and audit techniques.
Working Setup: Hybrid, at least 5 times a month in the HQ located in Legaspi Village, Makati; and
Working Schedule: Monday to Friday, 44 hours weekly.