Manager, Risk AML Compliance

Manager, Risk Compliance – Philippines

The Manager, Risk Compliance role will lead the Regulatory Compliance Management Program (RCM) in the Philippines and other countries within the region. You will implement processes as part of second line of defense to assist and guide in helping compliance of different departments with regulatory obligations.

Role Responsibilities 

• Manage regulatory changes which include monitoring regulatory updates, coordinating applicability and impact assessments, and overseeing the completion of actions or updates to comply with the regulatory change. 
• Develop, manage, and maintain an inventory of applicable regulatory requirements. 
• Perform compliance risk assessments based on quantitative and qualitative input. 
• Ensure that legal entity-specific policies, procedures, and reference documents to manage compliance risks are in place and updated. 
• Perform independent compliance assessments on programs and processes and ensure that any gaps identified are addressed by the relevant units. The assessments will be done in consultation with other second line and third line of defense partners. 
• Provide leadership reports to support the compliance programs across multiple locations and ensure alignment in regulatory strategies. 
• Assess the compliance training needs of the legal entity based on local regulatory requirements and ensure that such training or education is delivered to appropriate employees. 
• Supports and reports to the leader/head of the Compliance Unit for the Philippines   

Role Requirements 

• 5+ years of relevant experience within Regulatory Compliance or Regulatory Risk management at a managerial level and having managed Compliance programs in the past. 
• At least 5 years exposure to any of the following: Bank Secrecy Act, AML, SEC, and National Privacy Act Regulatory Compliance, general and/or risk-based compliance, yielding a comprehensive understanding of technology and best practices in the compliance field. Project management experience/knowledge with ability to drive projects to successful completion. 
• Has good understanding of the regulatory structure of Philippines and able to build good rapport with government agencies. 
• Bachelor’s Degree on any legal-related courses is preferred. 

Work Shift

Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.

BENEFITS AND OTHER DETAILS

Benefits

You will also have access to short-term incentives, multiple health insurance options, accident and life
insurance, and access to best-in-class development platforms, to name a few. Please see the benefits below specific to your country. If applicable, additional role-specific benefits will be mentioned during your interview process or in an offer of employment.

Your Philippines specific benefits include:

• Life / Accident Coverage
• Paid Time Offs
• Employee Wellness
• Global Recognition and Rewards Programs

Other Details

We are passionate about honoring our employee's identity and fostering a feeling of belonging. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

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Estimated Job Posting End Date:

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.