Chief Compliance Officer, PHL at Remitly Global in Manila

Job description

Job Description: At Remitly, we believe everyone deserves the freedom to access, move, and manage their money wherever life takes them. Since 2011, we've tirelessly delivered on our promise to customers sending money globally, providing secure, simple, and reliable ways to manage their money, ensuring true peace of mind. Whether it's supporting loved ones back home, growing a business across continents, or pursuing new opportunities abroad, we're not just here to move money— we're here to move our global customers forward. We're looking for builders, reimaginers, and global thinkers who want to work at the intersection of technology, trust, and transformation. If that's you and you're ready to do the most meaningful work of your career—we invite you to join over 2,800 passionate Remitlians worldwide who are united by our vision to transform lives with trusted financial services that transcend borders. About the Role: Remitly is looking for a Compliance Officer and Anti-Money Laundering Compliance Officer in the Philippines. You will be responsible for overseeing the compliance program for Remitly Philippines and managing its regulatory and reputational risk. You will contribute to Remitly's mission by ensuring that Remitly's Philippine business maintains full compliance with applicable laws and regulations, including the Bangko Sentral ng Pilipinas (BSP) rules for money service businesses and the Anti-Money Laundering Act (AMLA) as amended. Reporting to the Head of Compliance APAC, you will assist in managing compliance and regulatory risks, using your strong analytical skills and keen eye for detail to adapt Remitly's services and controls to new business opportunities and changing regulatory requirements within the APAC region. You Will: Document the procedures of the compliance function and maintain and update (as necessary) compliance manuals and related documentation, including the Money Laundering and Terrorist Financing Prevention Program (MTPP); Act as the point of contact for the BSP, the Anti-Money Laundering Council (AMLC) and other competent Philippine authorities; Provide regular and timely compliance reporting and management information to the Board, Management and Group; Establish and maintain a compliance monitoring and reporting program to ensure that any compliance breaches are readily identified, reported and acted on; Define the necessary level of knowledge on existing and emerging regulatory compliance requirements; Maintain an appropriate regulatory training program and adequate awareness arrangements and ensure that employees receive appropriate training on compliance with their regulatory obligations; Record keeping, including in relation to compliance breaches, conflicts identification and management, authorized individuals and regulatory returns and submissions to the BSP; Liaise with the BSP, AMLC and other authorities (as required) in relation to regulatory compliance issues, including BSP examinations and inquiries; Oversee day-to-day operations with respect to compliance with the AML policies, procedures, systems and controls; Act as the point of contact to receive notifications from employees and take appropriate action under the Anti-Money Laundering Act, the Terrorism Financing Prevention and Suppression Act and applicable sanctions requirements; File Covered Transaction Reports (CTRs) and Suspicious Transaction Reports (STRs) with the AMLC within the prescribed timeframes; Collaborate and liaise with regulatory authorities and other external parties as well as with internal stakeholders as relevant; Identify potential areas of compliance vulnerability, suggesting action plans for resolution and providing guidance to mitigate risk; Review and interrogate technical solutions to support existing and new initiatives; Monitor changes in applicable laws and regulations, including BSP circulars and AMLC issuances, and provide guidance to the business in relation to implementation; Undertake any ad ho