Regulatory Compliance Officer
About the Job
Location: MakatiCorporate Title: Assistant Manager to Senior Manager
Work Arrangement: Hybrid
Our Compliance team is looking for experienced professionals to join us in Taguig with the role of Regulatory Compliance Officer.
In this role you will assist the Regulatory Compliance Head in coordinating and implementing the Board-approved Banks Compliance System, with a focus on business and compliance risk assessment, mitigation, monitoring, and advisory support.
Your dream. Our focus.
East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, and is committed to continuously invest in people and in process, product, and service enhancements, and embrace new ideas to enhance the EastWest experience.
We empower our employees to drive their careers and are committed to provide the runway for them to grow. We value teamwork and individual initiative. Join us and be part of a highly engaged team, and a workplace that promotes development and goal attainment.
Whether you're just starting out, or already a seasoned professional, EastWest can help you unleash your potential, and bridge the gap between dream to success.
What the role will entail- Assist in developing, implementing, and annually updating the Banks Compliance Program, including compliance risk assessment, monitoring, and advisory support aligned with business objectives.
- Identify and assess applicable laws and regulations, prioritize compliance risks using the Enhanced Compliance Assessment Matrix (ECAM), and coordinate bank-wide implementation efforts.
- Administer and monitor ECAM submissions, consolidate results for compliance testing and reporting, and support preparation of year-end compliance assessments.
- Provide compliance advisory services and conduct regulatory and onboarding training programs for various units.
- Liaise with regulatory agencies (e.g., BSP and PDIC), assess policy alignment with regulatory requirements, and coordinate responses to issuances, letters, and surveys.
- Review and ensure regulatory alignment of policies, procedures, contracts, and outsourcing agreements; conduct compliance risk assessments; provide advisory guidance to business units; review and draft policies; and oversee reporting obligations, including crimes and losses reporting and regulatory notifications.
- Support compliance-related performance evaluations by consolidating results of compliance initiatives and documenting final compliance ratings for submission to relevant units.
- Bachelors degree in either Economics or Business
- At least 5 years of relevant experience in bank operations, including at least 2 years in compliance, with proficiency in the Regulatory Supervision framework and familiarity with banking regulations
- Strong analytical, problem-solving, negotiation, and presentation skills, with the ability to communicate effectively both orally and in writing
- Aptitude for understanding IT systems; audit experience and general accounting knowledge are an advantage
- Computer literate, particularly in Microsoft Office applications
- Career development and training opportunities
- Competitive salary package and benefits
- Performance-based incentives and recognition programs to reward high-performing individuals
- Opportunity to work with industry experts and be mentored by them
- Defined career progression paths to guide you in your professional growth