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Compliance Specialist (For Pooling)

Remote:

Full Remote

Contract:

Full time

Experience:

Junior (1-2 years)

Work from:

Philippines

Offer summary

Qualifications:

Bachelor’s degree in Finance, Law, Business Administration, Accounting, or related field, Professional certification in compliance preferred (e.g., CAMS, CRCM), Minimum of 1 year in financial compliance or risk management, Experience with AML, KYC, and regulatory frameworks required, Familiarity with FATF, OFAC, FinCEN, or EU AML Directives.

Key responsabilities:

Ensure compliance with financial regulations like AML and KYC
Stay updated on local and international financial regulations
Identify and assess compliance risks in transactions and partnerships
Perform Enhanced Due Diligence for high-risk clients
Monitor and report suspicious activities in transactions

The Back Room Outsourced Professionals Scaleup https://thebackroomop.com/

201 - 500 Employees

See more The Back Room Outsourced Professionals offers

Job description

Want to be part of a community that focuses on work-life balance, provides competitive salary and fantastic opportunities?

The Backroom Offshoring Inc. is a KPO company experiencing strong dynamic growth and we want you to be part of it!

Located at One West Aeropark in Clark Pampanga, a world-class building with top facilities, a conducive work environment is guaranteed!

The Financial Compliance Specialist is responsible for ensuring that the organization adheres to financial laws, regulations, and internal policies designed to prevent illegal activities, including money laundering, fraud, and terrorist financing. The specialist will manage compliance monitoring systems, conduct due diligence (including Enhanced Due Diligence (EDD)), report suspicious activities, and assist in internal audits. This role plays a critical part in safeguarding the company’s financial integrity, minimizing risk exposure, and ensuring regulatory compliance.

Key Responsibilities:

Regulatory Compliance:
Ensure the organization complies with relevant financial regulations, including Anti-Money Laundering (AML), Know Your Customer (KYC), and Counter Terrorist Financing (CTF) laws.
Stay up to date with changes in local, national, and international financial regulations.
Assist in preparing for audits.

Risk Management & Monitoring:
Identify and assess compliance risks related to financial transactions, customer profiles, and third-party partnerships.
Develop, implement, and monitor controls to mitigate compliance risks.
Conduct routine monitoring and testing of compliance systems, processes, and internal controls to ensure effectiveness.
enhanced Due Diligence (EDD):
Perform Enhanced Due Diligence (EDD) for high-risk clients and transactions, large transactions, or clients in high-risk jurisdictions.
Collect, analyze, and document in-depth client information such as the source of funds, business activities, and beneficial ownership.
Monitor transactions for suspicious activities and report findings to the Compliance Manager or AML Officer.

Qualifications:

Education: Bachelor’s degree in Finance, Law, Business Administration, Accounting, or a related field.

Certifications: Professional certification in compliance (e.g., Certified Anti-Money Laundering Specialist (CAMS), Certified Regulatory Compliance Manager (CRCM), or similar) preferred.

Experience:
Minimum of [1] years of experience in financial compliance, regulatory compliance, or risk management in the financial services industry.
Experience with AML, KYC, and sanctions compliance processes is essential.
Familiarity with regulatory frameworks like FATF, OFAC, FinCEN, or EU AML Directives.

Key Skills and Competencies:
Attention to Detail: Ability to identify and mitigate compliance risks with precision.
Analytical Skills: Strong analytical and problem-solving skills to interpret complex regulations and assess risks.
Communication Skills: Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively.
Regulatory Knowledge: Deep understanding of financial regulatory frameworks, including AML, CTF, and KYC.
Tech-Savvy: Proficiency with compliance and monitoring software systems, as well as Microsoft Office (Excel, Word, etc.).
Ethical Judgment: High ethical standards and the ability to make decisions that ensure regulatory compliance while protecting the company’s reputation.