Compliance Specialist

Roles and Responsibilities:

1. Compliance Oversight:

• Assist the Compliance Officer in ensuring that compliance standards are adhered to by all Bank personnel and units.
• Serve as the primary point of contact for the Branch with the Compliance Department on compliance and Anti-Money Laundering (AML) related concerns.

1. Internal Communications:

• Cascade internal memorandums and regulatory issuances received from the Compliance Department and other relevant departments of the Bank.

1. Program Implementation:

• Ensure effective implementation of the Compliance Program, MLTFPP (Money Laundering and Terrorism/Proliferation Financing Prevention Program) Manual, and other regulatory issuances and internal policies.

1. Monitoring and Reporting:

• Continuously monitor the implementation of the Compliance Program and promptly report and rectify any compliance breaches.

1. Self-Assessment and Testing:

• Conduct Compliance Self-Assessment annually or as needed in accordance with the guidelines prescribed by the Compliance Department.
• Conduct Compliance Self-Testing when necessary, following the procedures set by the Compliance Department.

1. Resolution of Findings:

• Monitor the resolution of any outstanding findings or deficiencies identified through the Compliance Self-Assessment, Compliance Testing, BSP Examination, or Internal Audit Examination.

1. Coordination During Absence:

• In the absence of other Compliance personnel or when ongoing activities are assigned by the Compliance Department, maintain close coordination with the Assistant Branch Compliance Coordinator (BCC) to ensure continuity.

1. Additional Functions:

• Perform other functions or activities as may be assigned by the Chief Compliance Officer (CCO).