Regulatory Compliance Specialist

Overview:

The role aims to create, improve, monitor, and assist in the implementation of the Compliance Program and manage the regulatory requirements in relation to the Digital Bank, other bank-related licenses, and other compliance-related functions of Maya Bank.

What you will do:

• Identification, assessment, and cascade of relevant regulations (including policy draft exposure) and their requirements
• Participate in conducting compliance risk assessments and/or facilitation of license or request for regulatory approval/notification requirements of new products, services, and processes to ensure conformity with regulations and accepted standards.
• Recommends adequate and mitigating controls to provide early detection and prevention of potential compliance issues
• Coordinates with internal and external examiners for audit deliverables
• Conducts independent risk-based assessment through Compliance Testing Monitoring, reporting, and/or escalation of significant internal (Internal Audit) and external findings (regulators) to include evaluation of actions taken by different teams to resolve regulatory or internal findings
• Monitoring and/or submission of regulatory reports and other ad hoc surveys
• Directly work with the business management to develop, communicate and implement strategies, procedures, and technology systems to enhance Maya Bank’s compliance with applicable rules and regulations
• Maintaining a good working relationship with the regulators and internal/external stakeholers.

What we are looking for:

• At least 4 years’ experience in doing regulatory compliance in a FinTech/Bank or similar financial services company Has extensive knowledge in banking operations, particularly in: credit/lending operations banking laws, rules and regulations
• Anti-Money Laundering Act (AMLA) and its Implementing Rules and Regulations Local and national tax laws Accounting standards, particularly those that govern the financial accounts of the Company SEC regulations Data Privacy Act
• Basic corporate governance principles Risk management frameworks on credit, market and operations (including IT risk governance)