AML Compliance Officer (Bank)

? Assist the CCO to administer the Compliance Program, promote its effective
implementation and address breaches that may arise, and interact with
the Bangko Sentral ng Pilipinas (BSP) on compliance-related issues and other
regulatory agencies.
? Assist the CCO to manage and control the Branch’s compliance with regulations of
relevant regulatory agencies, including but not limited to BSP, Anti-Money
Laundering Commission (AMLC), Securities and Exchange Commission (SEC), Phil
Deposit Insurance Corp. (PDIC), National Privacy Commission (NPC).
? Executes and? implements Compliance AML processing such as but not limited to
AML Watchlist? updating (e.g. AMLC Watchlist, Patriot Watchlist ), Customer
Profiling and Investigation when ??needed; processing and reporting.
? Executes and implements Suspicious transaction investigation, evaluation,
processing.
? Executes the submission of AML reports such as Covered Transaction Reports and
Suspicious transaction reports.
? Reviews, Manages and administers FAML scenarios
? Executes and implements Compliance and AML Self-Assessment/Testing.
? Provides functional support to the CCO in the compliance functions in both banking
and AML regulations, as well as HO and local compliance-related requirements and
policies and procedures. Ensure that the following are executed:
? Tracking new laws and regulations through websites of BSP, AMLC, SEC, BIR,
DOF, DOLE, Daily, check Regulatory websites for relevance issuances – new
rules and regulations that my affect the Bank;
? Daily, checking newspaper websites for news articles relating to AML/CFT on
predicate crimes, to be inputted in the local Negative News File
? Drafting the monthly report for – HO Monthly Report; Compliance-AML
Agenda; Quarterly Regulatory Contact Report; Monthly/Quarterly Regulation
Change Report; External Legislative Summary Report. Ensure the
completeness, accuracy and timeliness of all documentary submissions to the
BSP and other regulatory agencies.
? Implementing and Monitoring governmental reports using the Compliance
Calendars and Checklist
? Executes and implements Compliance and AML Self-Assessment/Testing.
? Assist in the drafting or revision of policies and procedures
? Ensure the implementation, dissemination, and monitoring the needed action on
the NRAS (New Laws Action Sheet)
? Provides functional support for all training exercises.
? Perform such other functions to assist the CCO and those as may be assigned.