1+ months

AML Compliance Officer I

Taguig City, National Capital Region 1633
  • Jobs Rated

AML Compliance Officer I Taguig City, Philippines

Would you like to play a critical role in preventing fraud and other illegal activities? Do you have strong interpersonal skills and impeccable attention to detail? Join Western Union as AML Compliance Officer I.

Motivated by our values: purpose driven, globally minded, and trustworthy & respectful

Were a FinTech thats using insight from customers and colleagues worldwide to improve financial services for families, small businesses, multinational corporations, and non-profit organizations. Were a team of over 8,000 people serving 200 countries and territories. We believe when money moves, better things happen.

Better requires process, discipline, and simplification

Well be looking to you to provide AML compliance support to our agents and affiliates to help them build AML programs. You will be tasked with building strong relationship with internal departments to get them aligned and working to the overall AML goals within your region. Beyond this role, you will also represent AML compliance on ad hoc projects and may be required to travel to agent locations to review the effectiveness of their processes and controls.

Here are the main responsibilities for the role:

  • Ensures that global and country-specific policies, programs, and procedures are being implemented and works closely with the regional oversight teams
  • Conducts reviews of Agents AML, CTF and anti-fraud programs to ensure that agent/sub-agent partners and their locations meet regulatory standards
  • Conducts investigations of any identified or potential Western Union policy breaches by authorized delegates of WUPSI
  • Provides support and assistance to entity authorized delegates in their implementation and adoption of Western Union compliance programs to make sure strategies are aligned
  • Ensures timely submission of regulatory reports to entitys regulator(s) including but not limited to STRs/SARs to the country FIU
  • Supports the Compliance head of the entity in ensuring that requirements and requests coming from the regulators during regular and ad hoc examinations/audits are met sufficiently and timely
  • Leads and supervises the team as deputized during AML heads absence
  • May lead and supervise the implementation of a country specific program under the supervision of the AML head and as deputized
  • When required, act as representative of the Compliance Head in meetings or engagements with regulator(s) or any other relevant government agencies
  • In the absence of the Compliance Head, act as representative to meetings with Country or Region Head
  • Assists the Compliance Head in crafting desk references or reviewing of existing policies and desk references including presentations to the Board or any relevant Committee
  • Assists the Compliance Head in preparation of Board or Committee materials and may be delegated to present to the Board or Committee in the absence of the Head of Compliance

Here are some skills, attributes, and qualifications you will have:

  • Bachelors degree or equivalent
  • 3 plus years of previous AML or Regulatory Compliance experience with a BSP/SEC/IC licensed entity
  • Experience in supervising a team and has strong leadership skills;
  • Knowledgeable in filing regulatory reports with the BSP and/or AMLC or at least have technical skills for such.
  • Knowledgeable in Excel, Kleopatra or has knowledge of the AMLC portal
  • Knowledgeable in local regulatory requirements of the BSP and AMLC; previous experience in dealing with BSP and AMLC is preferred
  • Previous experience working with a team or organization during a BSP regulatory audit is preferred
  • Experience presenting to the Board or Board Committee is preferred.
  • CAMS certification is not a must but could be an advantage.

Join us, and lets move money for better

Western Union is transforming its business and shaping the financial services sector by driving quality, convenience, and customer service to new levels of excellence. Its an exciting time for our organization, as the largest cross-border money transfer operator, trusted by millions of consumers around the world. If youre ready to unleash your potential to help drive change through bottom-up innovation, apply now.

Were a company on the move, and we want our people to grow and develop. Youll have plenty of opportunities to learn new skills and build a career, as well as a great salary and benefits package.

We are passionate about our diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams, while reflecting the communities we serve. We do not discriminate on the basis of race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status.




  • Banking / Finance

Jobs Rated Reports for Compliance Officer

Posted: 2022-09-29 Expires: 2023-01-04
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AML Compliance Officer I

Western Union
Taguig City, National Capital Region 1633

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Compliance Officer
23rd2019 - Compliance Officer
Overall Rating: 23/199
Median Salary: $67,870

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