# Head of Compliance

> First Circle · Taguig, Philippines (Hybrid) · Full-time · Posted 2026-05-21

**Workplace:** hybrid

**Department:** PH Hiring

## Description

### What You'll Do:

**BSP Liaison & Regulatory Affairs**

-   Serve as the primary point of contact for all BSP examinations, inquiries, and correspondence
-   Monitor and interpret BSP circulars, memoranda, and issuances; translate these into actionable internal policies
-   Ensure timely and accurate submission of all regulatory reports (MORB, and related submissions)
-   Proactively build and maintain a strong, professional relationship with BSP examiners

**Compliance Program Ownership**

-   Design, implement, and continuously improve the bank's compliance framework, policies, and procedures
-   Lead the annual compliance risk assessment and testing calendar
-   Manage the bank's AMLA/CTF program end-to-end  from KYC/CDD to STR/CTR filing with the AMLC
-   Ensure compliance with BSP regulations on consumer protection, data privacy (NPC), and financial inclusion mandates

**MORB Compliance & Policy Governance**

-   Own the bank's complete MORB compliance program — mapping all applicable regulations to internal policies, procedures, and controls
-   Maintain a master regulatory inventory tracking every MORB requirement applicable to the bank, with clear owners, deadlines, and status
-   Lead the periodic review and updating of all bank policies required under the MORB — including but not limited to credit, treasury, IT security, anti-fraud, consumer protection, and risk management policies
-   Ensure all policies are board-approved, properly documented, and reviewed on schedule; flag gaps or outdated provisions proactively
-   Drive the bank's self-assessment against MORB standards ahead of BSP examinations — no surprises
-   Translate MORB updates and new BSP circulars into concrete policy changes, and shepherd those changes through the approval process from drafting to board sign-off
-   Collaborate with department heads to ensure their operating procedures are aligned with MORB requirements — and actually followed on the ground

**Digital & Fintech Compliance**

-   Partner with the tech and product teams on digital banking initiatives, ensuring BSP's e-money, digital payments, and cybersecurity regulations are met from day one
-   Review and clear new products, channels, and partnerships before launch
-   Act as the compliance conscience in the product development process — pushing back where needed, but always offering a compliant alternative

**Risk & Culture**

-   Champion a culture where compliance is a business enabler, not a bottleneck
-   Train and upskill staff across branches on compliance requirements
-   Report directly to the President/CEO and the Board's Risk and Compliance Committee

**What Success Means in this Role**

-   BSP examinations result in zero material findings
-   Rural bank license secured and in good standing
-   BSP correspondence responded to within 3 business days
-   No regulatory sanctions, penalties, or enforcement actions
-   All required licenses and authorities secured to support business expansion
-   All new products and channels launched are MORB-compliant

## Requirements

**Must-haves**

-   5-7 years of banking compliance experience, with meaningful exposure to BSP-regulated entities
-   Deep working knowledge of BSP regulations (MORB, MORNBFI), AMLA law, and BSP's digital banking framework
-   Track record of managing BSP examinations and regulatory relationships
-   Strong problem-solving instinct
-   High ownership mentality; comfortable with ambiguity and working without a large team under you (yet)

**Nice-to-haves**

-   Exposure to rural banking, microfinance, or financial inclusion programs in Visayas or similar markets
-   Familiarity with compliance tech tools, RegTech, or core banking systems
-   Experience reviewing or clearing digital product launches

**Mindset & Culture Fit**

-   You're comfortable with iteration. Policies don't need to be perfect on day one
-   You default to systems and documentation, not tribal knowledge
-   You move with urgency and own your timelines
-   You communicate clearly with both regulators and engineers

## Benefits

-   **Hybrid work set-up:** 2 days per week in our BGC office; remote the rest of the time. Occasional travel trips to Visayas whenever needed.
-   **Benefits:** HMO coverage from month one, free catered lunches, monthly fitness, transportation, and accommodation allowance, and more.

## Apply

[Apply at First Circle](https://apply.workable.com/first-circle/j/DEA499A558/apply)

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