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Job Description:

Job description (Manager, SLIMTC Compliance (SEC)) /  Description du poste (titre)

• The Manager, Compliance, SLIMTC will be reporting to the Compliance Officer, SLIMTC and support the Compliance Officer, SLIMTC in the delivery of the Compliance Program that meet the expectation of Bangko Sentral ng Pilipinas (BSP).

• The Manager, Compliance, SLIMTC will be responsible for developing, implementing and executing processes and controls in SLIMTC to ensure compliance with all applicable laws and regulations as well as Sun Life Enterprise Compliance requirements.

• The Manager, Compliance, SLIMTC will be expected to provide guidance and direction during business consultation and to provide support the monitoring of regulatory requirements from Bangko Sentral ng Pilipinas (BSP) for Trust and Investment Management business and also regulatory requirements from Securities and Exchange Commission (SEC) for the clientele of SLIMTC.

Preferred skills (Specialized Knowledge, Problem Solving and Communication Skills) / Compétences particulières (titre)

• Knowledge and experience on regulatory requirement and framework for Mutual Fund under Securities and Exchange Commission (SEC), e.g. Implementing Rules and Regulations of the Investment Company Act.
• Experience in handling and monitoring regulatory requirements for Investment Restrictions for Mutual Fund.
• Experience in handling regulator visit, regulator filing would be an advantage.
• Ability to effectively foster and manage relationships across the organization to deliver against objectives.
• Demonstrated ability to make sound recommendations to senior leaders and influence business decisions based on thorough analysis, business knowledge and risk consulting expertise.
• Ability to think strategically and execute tactically.
• Strong and flexible problem-solving capabilities, willing to challenge the ‘status quo’ and build innovative control solutions.
• Confident verbal and written communication skills, experience presenting sensitive matters to senior management and should be able to deal with staff from various levels in the organization.
• Ability to distill complex requirements without oversimplifying or missing critical components.
• Ability to communicate at all levels in the organization and with other partners in affiliate entities.

Qualifications (Education and Experience / Compétences (titre)

• Bachelor degree, in business, accounting, finance, economics, or any other related field, preferably a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent
• At least 5-7 years compliance experience, in governance, risk, and compliance; experience in project management, financial analysis of projects, corporate development, and ESG is also preferred.
• Exposure to SEC regulations for Mutual Fund business, including regulations related to fund distribution, fund administration, investment restrictions and prohibition is an advantage.
• Exposure to BSP regulations for Trust business or AML related regulations is an advantage.
• Experience in investment management, mutual funds, banks or financial services industry is an advantage.
• Ability to work with local and international teams and associated companies.

Responsibilities (Major Accountabilities) / Responsabilités (titre)

• Serves as subject-matter-expert with respect to Securities and Exchange Commission (SEC) regulatory requirements for Mutual Fund business, specific to fund distribution, fund administration, investment restrictions and prohibition.
• Support the Compliance Officer, SLIMTC, in the delivery of the Compliance Program for Trust business that meet the expectation of Bangko Sentral ng Pilipinas (BSP) and Sun Life Enterprise Compliance requirements:
  • Development, localization, refresh and implementation of relevant compliance policy operating guidelines, procedures and/or systems.
  • Provide update of the Compliance Program and respective management/Board reporting on compliance risks.
  • Disseminate new and/or amended regulations and provide guidance/reminder to business functions to comply with the regulations.
  • Facilitate and conduct gap analysis and risk assessment of new and/or amended regulations, and drive the remediation of any identified gaps.
  • Timely escalate incidents of non-compliance and track on the remediation.
  • Conduct Independent Compliance Testing (ICT) on selected functions / process as may be assigned by the Compliance Officer on the basis of risk-based compliance testing plan and track the status of corrective actions taken.
  • Advice business function and facilitate the review of business policies and procedures insofar as compliance with regulatory requirements are concerned, proposals on outsourcing, marketing and transactions/arrangements.
  • Lead the development of local regulatory training programs, and facilitate the delivery of compliance training to business unit employees and compliance staff, as necessary.
  • Support the regulatory audits and internal audit reviews, including organizing the audits and reviews, track and follow through of audit requests, pending regulatory compliance/corrective actions to be undertaken by concerned functions.
  • Develop appropriate reporting metrics and data-driven reporting mechanism to enable effective review, analysis and identification of trends, systemic issues and emerging risks.
• Provide compliance advice and support to business projects or key business initiatives in end-to-end reviews and risk analysis.
• Lead the planning and roll out for local/regional/Corporate Compliance project and initiatives.

Job Category:

Compliance

Posting End Date:

12/09/2024