job description
Join UCPB Savings as a Regulatory Compliance Associate and play a pivotal role in ensuring the bank’s adherence to local and international financial regulations. Based in the vibrant region of Badung, Bali, you will support the Regulatory Compliance Officer (RCO) in maintaining the highest standards of accuracy, integrity, and timeliness in all documentary submissions to the Bangko Sentral ng Pilipinas (BSP) and other regulatory bodies.
This is a unique opportunity to contribute to the financial stability and reputation of a leading banking institution while working in one of Indonesia’s most dynamic and culturally rich locations. Your expertise will help mitigate risks, ensure compliance, and uphold the bank’s commitment to transparency and ethical practices.
If you are detail-oriented, analytical, and passionate about regulatory compliance in the banking sector, we invite you to apply and become part of a team that values precision, professionalism, and continuous improvement.
Responsibility
- Assist the Regulatory Compliance Officer (RCO) in preparing, reviewing, and submitting accurate and timely reports to the BSP and other regulatory authorities.
- Monitor and interpret updates in banking regulations, circulars, and guidelines to ensure the bank’s policies and procedures remain compliant.
- Conduct internal audits and assessments to identify potential compliance risks and recommend corrective actions.
- Collaborate with cross-functional teams, including Legal, Risk Management, and Operations, to implement compliance frameworks and best practices.
- Maintain organized records of all regulatory submissions, correspondences, and documentation for audit and reference purposes.
- Provide training and guidance to staff on compliance-related matters, including anti-money laundering (AML) and know-your-customer (KYC) protocols.
- Assist in the development and enhancement of internal controls to strengthen the bank’s compliance posture.
- Prepare compliance reports for senior management, highlighting key findings, trends, and areas for improvement.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, Law, or a related field. A master’s degree or professional certification (e.g., CFA, CPA, or CAMS) is a plus.
- Minimum of 2-3 years of experience in regulatory compliance, risk management, or internal audit within the banking or financial services sector.
- In-depth knowledge of BSP regulations, banking laws, and international compliance standards (e.g., Basel III, FATF).
- Strong analytical and problem-solving skills, with the ability to interpret complex regulatory requirements and apply them to business operations.
- Excellent written and verbal communication skills, with proficiency in preparing clear and concise reports.
- High attention to detail and ability to work under tight deadlines in a fast-paced environment.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with compliance management software.
- Ethical mindset with a commitment to upholding the highest standards of integrity and confidentiality.