Chief Compliance Officer (Insurance Company)

Details of the offer

The Compliance Officer is responsible for the overall leadership of the compliance function of Investment Management and Trust Corporation. You shall ensure that effective and high-quality compliance programs exist to oversee and challenge the business, delivering high-quality outcomes to meet BSP requirements and ensure that issues are identified and addressed in a timely manner. The role-holder must be comfortable and effective in working at Board level and providing expert advice to senior executives. The role-holder must be adept at operating within a matrixed environment.

Key Requirements: At least a University Degree. A CPA certification or LLB degree is preferred. Other professional designations such as Certified Trust Professional (completed the Trust Operations and Investment Management (TOAP) course), Certified Trust Officer (completed the Investments, Trusts and Estate Management (ITEMS) course), CAMS, CCO, UITF certification, Equivalent experience in the role with other financial institutions may also be considered. 7 years of experience of Compliance management within the asset management and trust sectors is essential. Experience in risk management of financial institutions, including asset management, banking is helpful. Key Responsibilities: Lead the Compliance Team and provide expert advice, challenge and support to the business. Report to the Board and provide independent assurance to it. Operate effectively within the matrix structure of investment and asset management pillar within Asia working with colleagues across the Region as builds out its Business Group investment management capabilities. Additionally, the role holder will own accountability for as the MLRO, Fraud Officer and Privacy Officer. Provide relevant, correct and prompt advice on products, services, business and Compliance initiatives to ensure compliance with regulatory requirements and Compliance Risk Management Framework, including those on trust operations, consumer protection and market conduct, anti-money laundering and anti-terrorist financing, anti-bribery and corruption and privacy, collaborating with other Compliance employees in Philippine BU Compliance, as necessary. Oversee implementation of regulatory requirements and expectations and provide support where required. This includes maintaining good working relationships with primary regulators and requesting guidance and/or clarification on trust laws and regulations, as may be necessary to ensure proper implementation of regulations. In particular ensure that the proposed retail distribution of the UITF meets regulatory requirements. Lead and manage regulatory inspections conducted by the BSP and the SEC. Ensure Compliance monitoring and testing activities are appropriately prioritized and executed. Ensure employees are appropriately trained of their regulatory obligations and are aware of regulatory compliance requirements under local regulations and the Compliance Risk Management Framework. Prepare compliance reports for the Board of Directors, local and regional management; and ensures timely and accurate responses to internal and external queries. Job Type: Full-time

Pay: Php400,000.00 - Php500,000.00 per month

Benefits:

Health insurance Life insurance Schedule:

8 hour shift Supplemental Pay:

13th month salary
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Nominal Salary: To be agreed

Source: Grabsjobs_Co

Job Function:

Requirements

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