Regulatory Compliance and Governance Officer (CPA)The Regulatory Compliance and Governance Officer is primarily responsible for ensuring the Bank's adherence to all relevant regulations and governance frameworks. He/ She will work closely with the Regulatory Compliance and Governance Team Leader in developing, implementing, and maintaining effective compliance programs particularly on the digital products and services. The incumbent shall also ensure that the bank stays compliant while maximizing operational efficiency.
Duties and Responsibilities Responsible for giving clear interpretations and guidance on regulatory provisions, banking laws and regulations of the regulatory bodies (i.e., BSP, SES, AMLC, PDIC), and to respond to queries and concerns raised by internal and external parties.Responsible for drafting and updating the compliance policies to incorporate relevant issuances.Responsible for reviewing the compliance IRA/ Synopsis of the new relevant issuances and provide correct interpretation and action items.Responsible for coordinating with the regulatory bodies (i.e., BSP, SEC, AMLA, PDIC) for queries and concerns.Responsible for reviewing the bank's proposed policies and procedures to determine if the bank is in compliance with the regulatory provisions.Ensure that the bank's digital banking system follows the security standards set by regulatory bodies (in coordination with Information Technology (IT) team and Digital Product Operations Team).Provides support to Digital Product Operations within the purview of the compliance team.Assist in the preparation materials and agendas for SLT and Board-level Committee meetings related to governance matters.Prepares the minutes of the meetings of Board-level Committees.Track action items from SLT and Board-level Committee meetings, monitor progress and proactive follow-up.Support the development and implementation of Board-level Committee charters.Attends regular mandatory compliance training, especially training provided by the regulatory bodies.Provides case-by-case advice on the interpretation of compliance policies and regulatory issuances but not limited to digital banking.Initiate orientation/ information dissemination to educate bank employees on the established policies and procedures on regulatory compliance and governance.
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