Compliance Officer  

Job Purpose:

To assist the Legal and Compliance Officer to effectively manage the compliance function established by the Company pursuant to Rule 30.2.6 of the Implementing Rules and Regulations of the Securities Regulations Code (SRC).

Major Responsibilities:

• Assists the Legal and Compliance Officer in the continuous monitoring and assessment of Company’s adherence to the relevant requirements of the SEC/PSE/CMIC/BSP, the SRC, the Code of Corporate Governance, the Anti-Money Laundering Act, the Data Privacy Act, including internal policies and procedures.
• Performs compliance functions in accordance with the existing Compliance Manual or Written Supervisory Procedures.
• Assists in the dissemination of laws, regulations, rules, standards, and other regulatory requirements.
• Attends briefings/orientations conducted by the Compliance Division of the mother firm, if necessary.
• Assists the Legal and Compliance Officer in reviewing, assessing, and performing self-testing of the company's compliance to laws, regulations, rules, standards and other regulatory requirements such as BSP, SEC, PSE, CMIC, SCCP, AMLC among others; documents and reports the results of the testing.
• Assists the Legal and Compliance Officer in coordinating with regulators (including SROs) and other authorities.
• Serves as Compliance Coordinator for the conduct of internal and external audits and resolution of audit issues.
• Assists the Legal and Compliance Officer in providing reports to management of occurrences of any material non-compliance by the Company or its staff with legal and regulatory requirements, as well as its own policies and procedures;
• Ensures that all salesmen of the FMSBC are registered and that the Commission is notified when any salesman is no longer employed by the Company;
• Assists the Legal and Compliance Officer in facilitating the submission of data or information requirements to SEC, BSP, CMIC, and other regulators and/or responds to regulatory queries; Tracks changes in regulatory requirements
• Assists the Legal and Compliance Officer in the drafting of Report on Crimes and Losses and Suspicious Transactions Reports (not originating from automated AML Monitoring System alerts) when needed and submits to the Compliance Division for review, finalization and submission to BSP, SEC and/or AMLC.
• Assists the Legal and Compliance Officer in ensuring that there is an audit trail which enables compliance with applicable laws, Exchange, clearing agency and other SRO rules.
• Performs other duties and responsibilities that may be assigned from time to time.

• Education: Graduate of any business degree, preferably CPA/CIA with accounting or auditing background.
• Experience: With at least 2 years of Compliance experience or its equivalent, preferably in financial institution.
• Knowledge: Proficient in banking and securities laws, rules and regulations and with general knowledge of the operation of the operation of a broker dealer.
• Skills: Proficient in computer applications (MS Office), analytical with strong written and interpersonal skills.