Junior Lawyer (Legal & Compliance)

The Unit Head of Compliance Unit of the Legal and Compliance Department is responsible in ensuring the sound and effective management of compliance risks based on the relevant compliance regulations. The Compliance Unit Head is also tasked with ensuring that the Compliance Unit – staff and resources – are managed effectively.

DUTIES & RESPONSIBILITIES:

As Head of Compliance Unit:

• Develops, initiates, maintains and periodically reviews and updates Compliance Program, Compliance-related Manuals, and Money Laundering and Terrorist Financing Prevention Program (MLPP or the Anti-Money Laundering Manual) that support Company’s goals and strategies.
• Promotes the implementation of Compliance Program, Compliance-related Manuals, and Money Laundering and Terrorist Financing Prevention Program (MLPP or the Anti-Money Laundering Manual).
• Acts as principal or focal contact person of regulators; liaises with various regulators on compliance/regulatory requirements or issues.
• Serves as the person in charge in case of Regulatory audits/examinations/inquiry, etc. and facilitates discussions or negotiations.
• Identifies relevant laws, rules, regulations and ethical standards on financing operations and disseminates the same to appropriate units/personnel for compliance.
• In coordination with TMD, supervises the development and implementation of an effective compliance/AML training program, including introductory training for new employees as well as continuing training for all.
• Ensures that Compliance personnel are well-rounded, fully trained, continually informed and competent compliance trainers/advisors.
• Provides an active advisory service on compliance/regulatory/AML matters.
• Promotes a culture of compliance in line with sound corporate governance practices by advancing compliance consciousness among officers and staff across all levels.
• Maintains a compilation of laws, rules and regulation easily accessible to the employees.
• Reviews and evaluates the performance of the Compliance Program and related activities on a continuing basis taking appropriate steps to improve its effectiveness.
• Identifies potential areas of compliance vulnerability risks, including exceptions per regulatory agencies’ reports of examination, coordinates and monitors the taking of corrective action for resolution and provides general guidance on how to avoid or deal with similar situation in the future.
• Performs compliance testing including checking the accuracy and integrity of documentary submissions to BSP, AMLC and other regulators.
• Assist in other Unit/s under the Department
• Support/assist the other Unit/s in the Department in carrying out their functions, as may be necessary.

Other tasks

• Complete other legal-related duties as may be directed by the Board, the Division Head, and the Top Management.

JOB SPECIFICATIONS:

• Member of the Philippines Bar
• 1-2 years of experience in related field
• Excellent oral, written and interpersonal communication skills, Planning, Problem Solving and Organizing, Self-Management, Research, and Innovation
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Writing - Communicating effectively in writing as appropriate for the needs of the audience.
• Speaking - Talking to others to convey information effectively.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Time Management - Managing one's own time and the time of others.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Coordination - Adjusting actions in relation to others' actions.
• Service Orientation - Actively looking for ways to help people.
• Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
• Monitoring – Monitoring of documents and cases.
• Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
• Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
• Persuasion - Persuading others to change their minds or behavior.
• Negotiation - Bringing others together and trying to reconcile differences
• Attention to Detail - Job requires being careful about detail and thorough in completing work tasks.
• Cooperation - Job requires displaying a good-natured and cooperative attitude.
• Dependability - Job requires being reliable, responsible, and dependable in all situations.
• Integrity - Job requires being honest and ethical.
• Initiative - Job requires a willingness to take on responsibilities and challenges.
• Independence - Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
• Stress Tolerance - Job requires accepting criticism and dealing calmly and effectively with high stress situations.
• Concern for Others - Job requires being sensitive to others' needs and feelings and being understanding and helpful on the job.
• Persistence - Job requires persistence in the face of obstacles.
• Self-Control - Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
• Analytical Thinking - Job requires analyzing information and using logic to address work-related issues and problems.
• Adaptability/Flexibility - Job requires being open to change (positive or negative) and to considerable variety in the workplace.
• Achievement/Effort - Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
• Leadership - Job requires a willingness to lead, take charge, and offer opinions and direction.
• Innovation - Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.
• Social Orientation - Job requires preferring to work with others rather than alone, and being personally connected with others on the job.
• Law and Government- In depth knowledge of the laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and other legal process
• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources leadership technique, production methods, and coordination of people and resources.
• Diplomatic- being polite, tactful and the ability to avoid offending others or hurting their feelings, especially in situations where this ability is important.
• Optimistic- willingness to make an effort and take a chance instead of assuming problems and situations cannot be resolved.
• Resilient- acknowledging adversity, disappointment, and failure instead of giving up.
• Consciousness/Mindfulness- dedicating the mind to conscious awareness and enhancing the ability to focus, at the same time ensure stability, control and efficiency in handling and delivering services to the Company.
• Integrity- the trait of being honorable, righteous, and straightforward, instead of deceitful and self-serving.
• Team-player, responsible, and hard-working
• Proficient with Microsoft Office, such as, but not limited to, Outlook, Word, and Excel

What's your expected monthly basic salary?

How many years' experience do you have as a lawyer?

Report this job advert

Don’t provide your bank or credit card details when applying for jobs.

Explore job and salary trends, in-demand skills and role reviews.