AML & CFT Division (JO to Officer)

Job Description

Title: AML & CFT Division (JO to Officer)

Company Name: A reputed Private Commercial Bank

Vacancy: --

Age: Na

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• 2 to 3 years
• The applicants should have experience in the following business area(s): Banks

• Masters

• Master`s in any discipline from reputed University with No Third Division in academic records.

• 2 to 3 years
• The applicants should have experience in the following business area(s): Banks

• Smart, Team player, paired with agile mindset and can-do attitude

• Good communication skill in Bangla and English

• Very good skills in MS Office

Job Grade: Junior Officer to Officer

Key Job Responsibilities:

• Coordinate Bank’s AML & CFT compliance initiatives.

• Ensure timely submission of BFIU queries through GOAML.

• Issue necessary instructions/guidance regarding AML & CFT for branches

• Provide operational support to the branches in the area of AML & CFT communication.

• Keep an eye on high-risk customers and reporting any suspicious transaction to the regulatory authorities.

• Monitor CTR/STR inputs given by branches.

• Forward STR/SAR and CTR to BFIU in time and in proper manner.

• Continuous monitoring of the branches (such as monitoring breach of transaction profile, structured transaction & digital transaction) to identify suspicious transaction.

• Monitoring of Hundi Transaction/Foreign trade Transaction etc.

• Conduct periodic inspection in branches on prevention of Money Laundering and Combating Financing of Terrorism issues for checking of records, papers and documents.

• Work with the audit findings regarding AML & CFT related lapses of branches.

• Ensure meticulous compliance of all applicable Operational Policies, Guidelines, Instructions, Circulars of the Bank and any regulatory authorities.