Associate Manager/ Manager, AMLD Operations

Job Description

Title: Associate Manager/ Manager, AMLD Operations

Company Name: BRAC Bank PLC

Vacancy: --

Location: Anywhere in Bangladesh

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Banks

Published: 20 Feb 2025

Education:
∎ Bachelor/Honors
∎ Graduation from a UGC-approved university with a satisfactory academic track record.

Requirements:

Additional Requirements:
∎ Minimum 5 years of banking experience. Experience in AML/KYC due diligence areas and correspondence and reporting with BFIU and other regulators will be added advantage.
∎ Knowledge of AML regulations and compliance requirements related to transaction monitoring. Well conversant with BFIU/Bangladesh Bank Circulars & Guidelines, Market Risks, Financial Instruments, Risk Management etc.
∎ Strong and demonstrated knowledge of MS Office. Advanced skills in MS Excel, including formula coding, data management, and analysis.
∎ Ability and capability to handle work pressure, adapt to changing requirements and priorities in a dynamic work environment and capable of meeting deadlines.
∎ Excellent interpersonal, communication & presentation skills. Ability to communicate findings and recommendations clearly and effectively to stakeholders.
∎ Self-propelled, expert in customer-centricity, team player, and capable of meeting deadlines
∎ BRAC Bank is a values-driven organization and believes in protecting all its stakeholders, including the coworkers and the community we work in, from all forms of harassment, abuse, neglect, exploitation, and discrimination. As an equal opportunity enabler, BRAC Bank encourages applications from any gender-diverse individuals and persons living with a disability. We consider personal persuasion as a disqualification of candidature.
∎ Minimum 5 years of banking experience. Experience in AML/KYC due diligence areas and correspondence and reporting with BFIU and other regulators will be added advantage.
∎ Knowledge of AML regulations and compliance requirements related to transaction monitoring. Well conversant with BFIU/Bangladesh Bank Circulars & Guidelines, Market Risks, Financial Instruments, Risk Management etc.
∎ Strong and demonstrated knowledge of MS Office. Advanced skills in MS Excel, including formula coding, data management, and analysis.
∎ Ability and capability to handle work pressure, adapt to changing requirements and priorities in a dynamic work environment and capable of meeting deadlines.
∎ Excellent interpersonal, communication & presentation skills. Ability to communicate findings and recommendations clearly and effectively to stakeholders.
∎ Self-propelled, expert in customer-centricity, team player, and capable of meeting deadlines
∎ BRAC Bank is a values-driven organization and believes in protecting all its stakeholders, including the coworkers and the community we work in, from all forms of harassment, abuse, neglect, exploitation, and discrimination. As an equal opportunity enabler, BRAC Bank encourages applications from any gender-diverse individuals and persons living with a disability. We consider personal persuasion as a disqualification of candidature.

Responsibilities & Context:
∎ Take appropriate action to serve the requirements received from different regulatory bodies through goAML and other means.
∎ Write elaborate, accurate, and clear Suspicious Transaction/ Activity Report (STR/SAR) maintaining the quality of the assigned STR/SARs as per internal and regulatory guidelines.
∎ Report STR/ SAR, Monthly CTR Reports etc. to BFIU using the goAML reporting portal and preserve a record of the same.
∎ Initiate post-SAR/STR related activities and track them till completion.
∎ Search for adverse media regarding the account(s)/name(s) identified using available open source, i.e., Google/Internet/other available tools and take necessary action from AML perspective.
∎ Collaborate with the Branch/Transaction Monitoring team concerned for further review to identify suspicious transactions/ activities for the positive matches.
∎ Assist line managers in supervising and monitoring the team’s activities and preparing internal audit and BFIU inspection responses.
∎ Assist in developing processes and policies relating to the activity of the AML Operations team.
∎ Conducting AML/CFT training to the relevant channels and stakeholders.
∎ Maintain internal MIS and assist the line manager in preparing different reports (e.g., weekly/ monthly), as required by the divisional/ department head.
∎ Communicating with senior managers, members of the business and other monitoring units to ensure findings are incorporated in all aspects of the AML control program.
∎ BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.
∎ BRAC Bank seeks an ambitious, intelligent, purpose-driven, and enthusiastic individual for the following position in its Anti-Money Laundering Division:
∎ Associate Manager/Manager, AMLD Operations
∎ Grade: PO - SPO
∎ KEY RESPONSIBILITIES:
∎ Take appropriate action to serve the requirements received from different regulatory bodies through goAML and other means.
∎ Write elaborate, accurate, and clear Suspicious Transaction/ Activity Report (STR/SAR) maintaining the quality of the assigned STR/SARs as per internal and regulatory guidelines.
∎ Report STR/ SAR, Monthly CTR Reports etc. to BFIU using the goAML reporting portal and preserve a record of the same.
∎ Initiate post-SAR/STR related activities and track them till completion.
∎ Search for adverse media regarding the account(s)/name(s) identified using available open source, i.e., Google/Internet/other available tools and take necessary action from AML perspective.
∎ Collaborate with the Branch/Transaction Monitoring team concerned for further review to identify suspicious transactions/ activities for the positive matches.
∎ Assist line managers in supervising and monitoring the team’s activities and preparing internal audit and BFIU inspection responses.
∎ Assist in developing processes and policies relating to the activity of the AML Operations team.
∎ Conducting AML/CFT training to the relevant channels and stakeholders.
∎ Maintain internal MIS and assist the line manager in preparing different reports (e.g., weekly/ monthly), as required by the divisional/ department head.
∎ Communicating with senior managers, members of the business and other monitoring units to ensure findings are incorporated in all aspects of the AML control program.

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

If you are interested in taking up the challenge, please 'Apply Online'.

Only short-listed candidates will be communicated for the next stage as per the recruitment process. BRAC Bank reserves the right to accept or reject any application without assigning any reason, whatsoever.

BRAC Bank does not charge any fee at any stage of the recruitment process.

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Apply Procedure:

Company Information:
∎ BRAC Bank PLC
∎ Anik Tower (Level-9), 220/B, Tejgaon Gulshan Link Road, Dhaka-1208
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.

Address::
∎ Anik Tower (Level-9), 220/B, Tejgaon Gulshan Link Road, Dhaka-1208
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.

Application Deadline: 4 Mar 2025

Category: Bank/Non-Bank Fin. Institution