About Us
Bastion is the pioneering payment systems company in the Philippines. Starting in 2005, we offered the first ecommerce and payments services to the market. As the first company to be PCI-DSS certified in the country in 2006. We guarantee that our systems and processes are secured to the highest, often exceeding international standards.
Job Description:

• Advising the board of directors and senior management on relevant laws, rules, and standards, including:
• Disseminating information and educating the employees regarding a broad spectrum of compliance related topics;
• Maintaining a current working knowledge of Bangko Sentral ng Pilipinas regulations and policies as they affect the Company through routine review of various e-money related regulations, new regulations affecting Company Operations, Bangko Sentral ng Pilipinas notices, and applicable government and/or industry related regulations;
• Functioning as key company representative/liaison in meetings with the Bangko Sentral ng Pilipinas, other government agencies, and industry organizations regarding regulatory policy;
• Reporting to the Board of Directors on compliance-related matters as appropriate or whenever called upon to do so.
• Maintaining the effectiveness of the Corporate Compliance Program, including:
• Creating/revising of applicable policies, if there is any change in regulations, organizational direction, or any other relevant reason;
• Developing an annual compliance work plan, along with the Legal Department that reflects the Company’s approach.
• Measuring compliance by conducting routine and/or focused internal audits of policy/procedure adherence as well as coordinating audits generated by external sources;
• Coordinating of follow-up and resolution to compliance related reports/inquiries; and
• Periodic revising/updating of Company Compliance Program in light of changes in the Company's needs, and in the laws, rules, and regulations.
• Overseeing the compliance program and plan and manage the internal controls, including:
• Identifying potential areas of compliance vulnerability and risk;
• Identifying, documenting, and assessing the compliance risks associated with the OPI's business activities, including new products and business units;
• Directing the development and implementation of corrective action plans by line authorities for resolution of problematic issues;
• Assessing the appropriateness of the Company's compliance procedures and guidelines, promptly following up any identified deficiencies, and where necessary, formulating proposals for amendments; and
• Providing general guidance on how avoid or mitigate similar situations in the future.
• Maintaining a constructive working relationship with the Bangko Sentral ng Pilipinas and other regulators and function as the primary liaison of the Company with regulators in connection with any audit, examination, and investigation and shall oversee and coordinate all filings with regulatory agencies in connection with such audit, examination, and investigation.
• Monitoring the performance of the Compliance Program and related activities on a continuing basis, taking appropriate steps to improve its effectiveness, including:
• Implementing the necessary remedial measures as a result of observations or findings made by the Internal Auditor, External Audit, or any Regulatory Body.
• Responding to alleged violations of rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending the initiation of investigative procedures.
• Assisting in the development of and monitor systems for uniform handling of such violations across the multiple administrative venues.
• Assuring proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required.
• Monitoring and testing compliance by performing sufficient and representative compliance testing;
• Overseeing the administration and management of the Company’s compliance with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) laws/regulations, including:
• Ensuring that information obtained is consistent with AML Policy and Procedures and satisfies regulatory requirements;
• Assisting in the administration and review of Customer Risk Scoring, Customer Identification, and KYC documentation oversight requirements;
• Maintaining logs/records relating to specified scenarios such as account freezes, and politically exposed persons (PEPs) and other high-risk customers;
• Submitting records of covered and suspicious transaction reports and investigation details and maintaining register and records of covered and suspicious transaction reports filed with Anti-Money Laundering Council;
• Maintaining logs/records relating to correspondence with Anti-Money Laundering Council and other regulatory authorities; and
• Assisting in carrying out regular audits/testing of the AML/CFT program;
• Collaborating with the human resources and others as appropriate to develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers and providing guidance, advice, and training to all the departments regarding relevant laws, rules, regulations, and compliance standards.

Qualifications:

• Bachelor's degree required.
• 7+ years industry related experience in bank or non-bank compliance.
• Experience with KYC and AML metrics reporting.
• Background in Anti-money laundering, fraud, and corporate governance laws

Why Work With Us?

• Paid Leaves
• Offers HMO with dependent
• Performance bonus
• Monday to Friday work schedule

Job Type: Full-time
Schedule:

• Monday to Friday