Business Risk and Compliance Officer

About the role

The Business Risk and Compliance Officer will independently validate and test‑check trust accounts managed by Portfolio Managers, ensuring they meet all regulatory requirements set by the Bangko Sentral ng Pilipinas (BSP) and other authorities. The role involves scheduling, prioritising, and monitoring annual reviews, and reporting findings to senior committees and the Board.

Key responsibilities

• Validate and test‑check trust accounts against regulatory standards.
• Schedule, prioritise and monitor completion of annual account reviews.
• Report review status (due, completed, compliant, deficient) to the Business Risk and Compliance Head.
• Conduct portfolio performance reviews to confirm alignment with Investment Policy Statements and client risk profiles.
• Ensure trust documentation is complete, accurate, and authorised according to BSP guidelines.
• Update Client Suitability Assessment Forms at least every three years or upon client‑initiated changes.
• Identify and follow up on documentary deficiencies, maintaining tracking records.
• Collaborate with IT teams for system updates to reflect regulatory changes.
• Prepare policies and guidelines to sustain compliance and achieve satisfactory audit ratings.

Required profile

• Strong understanding of BSP regulations, Anti‑Money Laundering (AML) and Terrorist Financing Prevention Program (MTPP) requirements.
• Experience in reviewing trust or investment accounts within a banking environment.
• Excellent analytical and reporting skills.
• Ability to work independently and coordinate with multiple internal stakeholders.

Required skills