Senior Compliance Specialist (Regulatory Compliance)

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 requirementsParticipate 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 issuesCoordinates with internal and external examiners for audit deliverablesConducts independent risk-based assessment through Compliance TestingMonitoring, 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 findingsMonitoring and/or submission of regulatory reports and other ad hoc surveysDirectly 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 regulationsMaintaining a good working relationship with the regulators and internal/external stakeholdersWhat we are looking for:At least 4 years’ experience in doing regulatory compliance in a FinTech/Bank or similar financial services companyHas extensive knowledge in banking operations, particularly in:credit/lending operationsbanking laws, rules and regulationsAnti-Money Laundering Act (AMLA) and its Implementing Rules and RegulationsLocal and national tax lawsAccounting standards, particularly those that govern the financial accounts of the CompanySEC regulationsData Privacy ActBasic corporate governance principlesRisk management frameworks on credit, market and operations (including IT risk governance)