Compliance Senior Specialist

Role Overview:

• The role ensures FlashPay operations are safe, compliant, and running smoothly while supporting business growth.
• Acts as the First Line of Defense by embedding controls in daily processes, managing risks, and ensuring compliance with regulatory requirements in coordination with the Compliance Team and regulators such as the Bangko Sentral ng Pilipinas and Anti-Money Laundering Council.
• The role works with department heads and other business units to implement controls and to secure approvals from the Director(s) on key risk and compliance matters (which are indicated in the key responsibilities)

Key Responsibilities:

1. Transaction Safety & Continuity

• Ensure FlashPay transactions are processed in a safe, compliant, and uninterrupted manner
• Monitor operational controls to support transaction volume targets while maintaining compliance
• Support onboarding and ongoing monitoring of merchants, including non-Flash Group partners

1. Risk Identification & Mitigation

• Identify, assess, and mitigate operational, financial, and regulatory risks within FlashPay operations
• Maintain risk registers and ensure timely closure of identified risks and control gaps
• Embed preventive and detective controls within business processes

1. Policy, SOP, and Regulatory Compliance

• Ensure all compliance policies, procedures, and SOPs are current, implemented, and consistently followed
• Translate regulatory requirements into operational workflows and controls
• Support rollout and enforcement of new regulatory requirements

1. Incident & Issue Management

• Track, investigate, and resolve compliance-related issues, breaches, and operational incidents
• Perform root cause analysis and implement corrective and preventive actions
• Ensure timely resolution of compliance queries from internal stakeholders

1. Compliance Reporting

• Prepare and deliver accurate, timely, and actionable compliance and risk reports
• Support reporting requirements for management and regulators
• Track key risk indicators (KRIs) and escalate issues as needed

1. AML Control Support & Testing

• Support execution of AML-related controls, including transaction monitoring and screening
• Conduct first-line control testing for AML and compliance processes
• Coordinate with the independent Compliance team for validation and escalation in line with expectations of the Anti-Money Laundering Council

1. Compliance Training & Awareness

• Conduct and support compliance training and awareness programs for Operations and relevant teams
• Promote a strong risk and compliance culture within day-to-day operations 8. Product & Technology Enablement for Compliance
• Collaborate with Product and Technology teams to implement system-based compliance controls
• Support configuration of risk rules, transaction monitoring parameters, and automated controls
• Ensure compliance requirements are effectively embedded into systems and platforms

QUALIFICATIONS:

• Bachelor's degree in business studies/Administration/Management, Finance/Banking,
• Accounting/ Legal Management.
• At least 2 years of AML/CTF Compliance experience in a banking,
• financial services, or fintech.
• Has knowledge and basic understanding of payment products & services, financial services,
• banking, or fintech.
• Has knowledge and basic experience in compliance, risk management and internal and
• external, audit conducted by regulatory bodies.
• Detail oriented with excellent analytical skills that can provide data and information to
• management.
• Has knowledge or basic experience in creation of policies.
• Strong ability to analyze data, interpret complex regulations and identify risks.