Manager, Compliance

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Job purpose

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

The role 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 will have responsibilities relating to the distribution compliance program, ensuring adherence to BSP guidelines for product distribution and marketing, inclusive of IMA, UTIF and trust products).   

Major accountabilities

• Distribution Compliance.
• Support the distribution compliance program functions, including implementation of written supervisory procedures, policies, training, annual testing, regulatory filings, KYC, and Privacy compliance to support the SLIMTC product shelf and distribution model (including IMA, UITF and trust products).
• Program components would include: marketing materials reviews; client & prospect support; distribution compliance; Privacy; KYC; performance reporting; and market conduct oversight.
• Manage and support distribution compliance process operations.
• Support the AML program at client onboarding inclusive of client due diligence, screening and applicable reporting and filings.

• Regulatory Oversight.

• Monitor regulatory requirements from BSP and other relevant regulators for Trust Corporation.
• 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.
• Monitor market trends and investor awareness to enhance UITF distribution strategies.
• Ensure adherence to BSP guidelines and other relevant regulatory requirements for Privacy and UITF marketing and distribution.

• Policies and Procedures.

• Development, localization, refresh, implementation and approval of relevant compliance policy operating guidelines, procedures and/or systems. Including, but not limited to those policies related to distribution compliance, marketing material reviews, client onboarding, Privacy and UITF distribution.
• Uphold establish standards and implement procedures to ensure that the distribution compliance program remains effective and efficient in identifying, preventing, detecting, and correcting non-compliance with applicable laws and regulations.

• Advisory.

• Provide guidance and direction during business consultation
• Act as technical advisor and support business initiatives from a compliance perspective.

Specialized knowledge

• 8 - 10 years knowledge and experience on regulatory requirement and framework for Trust Business under Bangko Sentral ng Pilipinas (BSP), specific to Trustee, Trust, Investment Management business.
• 8 – 10  years  Experience in handling and monitoring regulatory requirements for Unit Trust Investment Funds (UITF), Trustee, Investment Management business.  
• 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

Problem solving

• Ability to think strategically and execute tactically.
• Strong and flexible problem-solving capabilities, willing to challenge the ‘status quo’ and build innovative control solutions.

Education and experience

• Bachelor’s degree in Business, Finance, Economics, or related field
• 7+ years relevant experience in asset management compliance
• 8 - 10 years knowledge and experience on regulatory requirement and framework for Trust Business under Bangko Sentral ng Pilipinas (BSP), specific to Trustee, Trust, Investment Management business.
• 8 – 10  years  Experience in handling and monitoring regulatory requirements for Unit Trust Investment Funds (UITF), Trustee, Investment Management business.  
• Completed TIFP’s 1-year Trust Course as a requirement and exposure to BSP regulations for Trust business is prerequisite.
• Ability to work with local and international teams and associated companies.

Communication scope

• 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.

Job Category:

Compliance

Posting End Date:

30/05/2025