Small Business Guarantee and Finance Corporation Tender

Description Terms Of Reference Job Title: Technical Consultant - Compliance Risk Assessment And Management Job Description: Small Business Corporation (sb Corporation) Is Seeking For A Highly-skilled And Experienced Technical Consultant Who Specializes In Developing A Dynamically-responsive And Distinctively-appropriate Compliance Framework And Enterprise-wide Risk Assessment And Management Program For The Corporation As A Government Financial Institution. The Primary Responsibilities Of The Consultant Will Include Providing Advisory And Directly Participating In The Development Of Compliance Risk Assessment And Management Guidelines Relative To The Republic Act (ra) 9160 Anti-money Laundering Act Of 2001, As Amended, Ra 10168 The Terrorism Financing Prevention And Suppression Act Of 2012, Manual Of Regulations For Non-bank Financial Institutions (mornbfi), Other Applicable Issuances By The Bangko Sentral Ng Pilipinas, Commission On Audit And Other Regulatory Agencies. Key Responsibilities: 1. Advise In The Implementation Sb Corporation’s Money Laundering And Terrorist Financing Prevention Program To Ensure The Adoption Of Industry As Well As International Best Practices, Among Others. Said Service Shall Include Assessment And Testing Of Sb Corporation’s Risk Management Systems, Procedures, And Controls To Identify Areas Of Improvement And Mitigate Potential Risks. 2. Review And Enhance Sb Corporation’s Compliance Policies And Procedures To Ensure Its Alignment With The Code Of Ethics And Corporate Risk Management Policies And Regulations. This Endeavor Shall Include The Assessment Of Existing Policies And Providing Of Recommendations Necessary To Create New Policies And/or Enhance Existing Ones To Tailor The Needs Of Sb Corporation’s And Its Evolving Business Model. 3. Serve As Resource Person For Sb Corporation’s Board Of Directors And/or Board Officers On The Republic Act (ra) 9160 Anti-money Laundering Act Of 2001, As Amended, Ra 10168 The Terrorism Financing Prevention And Suppression Act Of 2012, Manual Of Regulations For Non-bank Financial Institutions (mornbfi), Other Applicable Issuances By The Bangko Sentral Ng Pilipinas, Commission On Audit And Other Regulatory Agencies. Promote A Strong Risk Culture And Raise Deeper Sense Of Compliance And Risk Awareness Among Sb Corporation’s Personnel. 4. Create And Develop Guidelines And Tools For Compliance Risk Assessment And Testing That Will Identify And Evaluate Potential And Actual Risks Associated With Regulatory Laws/issuances. This Undertaking Must Determine The Overall Corporate Likelihood Of Non-compliance, Impact Of Compliance Risk Events, And Provide Recommendations To The Office Of The Chief Compliance Officer And Enterprise Risk Management Group On How To Install Control Measures To Mitigate The Risks Effectively And Conduct Awareness Training For The Implementation Of Said Tools. 5. Determine Possible Policy Gaps And Other Causes Of Delay In Sb Corporation’s Timely Submission Of Regulatory Reports And Documentations Related To Compliance. 6. Provide Guidance In The Development Of The Sb Corporation’s Risk Appetite Statement, Review Of The Use Of Sb Corporation’s Risk Control Self-assessment (rcsa), Identify Gaps And Potential Compliance Risks. 7. Assist In Any Incident Response And Management Efforts In Case Of Suspected Or Actual Anti-money Laundering Incidents. Help Develop Incident Management Frameworks And Protocols To Address Incidents, Conduct Investigations, And Prevent Future Occurrences. Qualifications: - Bachelor's Degree In A Relevant Field (e.g., Risk Management, Compliance, Finance, Or Related Disciplines); Preferable With Relevant Master's Degree - With At Least 10 Years Of Experience In Enterprise-wide Risk-based Assessment Methodologies And Management, Focusing On Anti-money Laundering And Regulatory Compliance Within A Regulated Financial Institution, At Least 5 Years Must Be Gained From A Government Financial Institution/regulatory Body. - Preferably With Professional Certifications Such As Certified Anti-money Laundering Specialist (cams) Or Certified Risk Management Professional (crmp), Corporate Ethics And Compliance Risk Management (cecm). - In-depth Knowledge Of Anti-money Laundering And Terrorism Financing Prevention And Suppression Regulations, Manual Of Regulations For Non-bank Financial Institutions (mornbfi) And Issuances By The Bangko Sentral Ng Pilipinas, Commission On Audit And Other Regulatory Agencies, Industry Guidelines, And Best Practices. - Strong Analytical Skills, Attention To Detail, And The Ability To Assess Complex Situations And Provide Practical Recommendations. - Excellent Communication And Presentation Skills To Deliver Training, Provide Guidance, And Collaborate With Stakeholders. - Ability To Work Independently And Collaboratively Within A Team Environment. - Proven Experience Conducting Assessments, Audits, Testing And Developing Policies And Procedures. - Proficiency In Relevant Software And Tools For Compliance Risk Assessment And Management. This Is An Exciting Opportunity For A Highly-motivated And Talented Individual To Contribute To Our Institution's Risk Management Framework And Ensure Compliance With Applicable Laws, Rules And Regulations. We Invite You To Apply And Become A Valuable Team Member If You Possess The Required Skills And Expertise. Documentary Requirements: 1) Mayor’s/business Permit 2) Philgeps Registration 3) Professional License/curriculum Vitae (consulting Services) 4) Notarized Omnibus Sworn Statement 5) Bir 2303 Terms Of Payment: Payment Of 25% Of The Contract Price Upon Completion Of The Following Deliverables: End Of 1st Month: Deliverables: Assessment Report Covering: • Review And Advise On The Implementation Of Sb Corporation’s Money Laundering And Terrorist Financing Prevention Program • Review And Enhancement Of The Sb Corporation’s Compliance Policies And Procedures • Recommendations For The Creation Of New Policies Or Enhancement Of Existing Ones To Tailor The Needs Of Sb Corporation • Determination Of Policy Gaps And Causes Of Delay On The Submission Of Regulatory Reports End Of 2nd Month: Deliverables: • Guidelines And Tools For Compliance Risk Assessment And Testing • Guidelines On The Development Of The Sb Corporation’s Risk Appetite Statement And Review Of Its Risk Control Self-assessment (rcsa) • Development Of Incident Management Frameworks And Protocols End Of 3rd Month: Deliverables: • Accomplishment Report On The Conduct Of Training For The Implementation Of The Tools Developed And Guidance And Assistance Provided On The Installation Of Control Measures And Effective Mitigation Of Risks • Sb Corporation’s Acceptance Of The Guidelines, Tools, Framework/protocols Developed End Of 4th Month: Deliverables: Report On The Compliance Risk Assessment On Sb Corporation