Business Development

AVP Compliance Advisory for Remittance

Metro Manila, Metro Manila
Work Type: Full Time

About PDAX

At PDAX, we believe that the future of money is digital, and our mission is to empower all Filipinos to grow their wealth through blockchain technology.

As one of the first crypto firms in the Philippine market, we feel a sense of duty to our users and to the ecosystem to set the standard for safety, ease of access, and reliability. We expect our team to share in this responsibility and cherish our vision of a more open and equitable financial system. 

We are looking for new team members that are passionate about cryptocurrency, want to work in a disruptive, fast-growing industry, and thrive in a start-up environment.  

If this sounds like you, then we’d love to talk! 

Role Summary

The Remittance Compliance Expert will review the current approved and documented AML/CTF policies and procedures of the company and determine gaps against applicable AML/CTF laws and regulations and industry leading practices pertaining to cross-border remittances and payments. Formulate and establish an AML Framework, policies and procedures to ensure PDAX is compliant to AML regulatory requirements specific to cross-border fiat and crypto remittances and payments.

Responsibilities

  • Builds, reviews, and tests AML Compliance Programs to ensure all remittance flows meet the regulatory standard.
  • Implement AML practices and procedures.
  • Ensure that the company adheres to all applicable laws and regulations pertaining to cross-border remittance.
  • Evaluate the agents/partners existing AML controls through compliance reviews and discuss the findings with action points for the agent/partner.
  • Provide AML support to our agents to help them comply with our policies.
  • Provide support to Business Development Team with the due diligence screening of prospective and existing partners and advising the team with respect to the acceptance or termination of agent relationship.
  • Manage the contractual documentation, collecting and verifying the information and validity of the data received from the Sales Team and/or potential partners.
  • Develop the agent oversight program of the company.
  • Conducts internal and external research regarding regulatory risk making decisions on new and existing agent onboarding based on risk to the organization.
  • Liaise with various Compliance, Business Teams, Products Team, Legal and other internal departments as necessary.
  • Provide recommendations to internal stakeholders in relation to regulatory and internal policy requirements on AML/CTF, Global sanctions and regulatory requirements.

Qualifications

  • College graduate 
  • At least 5 years of experience in remittance compliance with a focus on Anti Money Laundering from a banking or payments industry
  • Ability to understand laws and regulations related to AML/CTF and Anti-Fraud policies and procedures
  • Knowledgeable in writing and filing Suspicious Activity Reports
  • Have understanding and experience in regulatory reporting requirements of BSP and AMLC
  • Personable and easy to relate with.  
  • Understanding of crypto/blockchain and how this can be used in the industry
  • Effective communicator to both technical and non-technical audiences 
  • Experience in coordinating and working with cross-functional teams (e.g., finance, business development, product, technology, treasury, etc)
  • Attention to detail, analytical skills, and organizational ability to lead several initiatives at once.

Nice to have

  • Willingness to work in a startup environment – we need someone with an appetite for building
  • Experience in digital asset or financial services industries particularly in payments, remittance, mobile/web banking and cash management
  • Enthusiasm for trading cryptocurrencies, equities, or forex.
  • Entrepreneurial spirit – you’re not here to just execute. Be proactive and make this company yours!

Our Culture

  1. We do the right thing. In all dealings, we act with integrity, diligence, and in good faith.
  2. We think about the customer.  We solve problems for our users.
  3. We love crypto. We are passionate about cryptocurrency, financial markets, and how technology is changing lives.
  4. We strive for excellence.  We love challenges; we raise the bar in everything: our products, services, processes, and people.
  5. We focus on the mission. We take ownership. We are proactive and we work hard to deliver high-impact results at a rapid pace. 
  6. We exercise leadership. In any role we play, we strive to be effective leaders.
  7. We believe in continuous learning and growth. We pursue growth, learning, and development, and are eager to give and receive feedback.

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PDAX Applicant Screening Questionnaire (PASQ)

We want to know if you are a great fit with our company. Please answer each question/statement as honestly as possible. All answers are confidential to the recruiter and hiring manager. 

Employment Questions

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This position is for a temporary work from home setup as we prepare to provide a safe environment for our employees who will be working in the office. Our plan is to move towards a hybrid work model depending on the business needs.