Associate Manager/ Manager, Transection Monitoring

Job Description

Title: Associate Manager/ Manager, Transection Monitoring

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:
∎ Graduate from a reputed university with a satisfactory academic track record.

Requirements:

Additional Requirements:
∎ Minimum 5 years of banking experience with sound knowledge in account opening, KYC, CDD, EDD, TP, Transaction Monitoring, Branch operations etc.
∎ Experience of handling regulatory issues and inspection.
∎ 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.
∎ Ability to analyze large volumes of data to identify patterns, trends, and anomalies using transaction monitoring software and other analytical tools, databases, or data visualization software.
∎ Capable to adapt to changing requirements and priorities in a dynamic work environment.
∎ Excellent interpersonal, communication & presentation skills.
∎ Ability to communicate findings and recommendations clearly and effectively to stakeholders.
∎ Strong skills in Excel, including formula coding, data management, and analysis.
∎ Advanced knowledge of data analysis tools like Power Query, Power BI, or similar software for data extraction, transformation, and visualization and familiarity with pattern recognition techniques or machine learning to identify suspicious activities would be considered an added advantage.
∎ Self-propelled, proficient in customer-centricity, team player, and capability to meet deadlines.
∎ Minimum 5 years of banking experience with sound knowledge in account opening, KYC, CDD, EDD, TP, Transaction Monitoring, Branch operations etc.
∎ Experience of handling regulatory issues and inspection.
∎ 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.
∎ Ability to analyze large volumes of data to identify patterns, trends, and anomalies using transaction monitoring software and other analytical tools, databases, or data visualization software.
∎ Capable to adapt to changing requirements and priorities in a dynamic work environment.
∎ Excellent interpersonal, communication & presentation skills.
∎ Ability to communicate findings and recommendations clearly and effectively to stakeholders.
∎ Strong skills in Excel, including formula coding, data management, and analysis.
∎ Advanced knowledge of data analysis tools like Power Query, Power BI, or similar software for data extraction, transformation, and visualization and familiarity with pattern recognition techniques or machine learning to identify suspicious activities would be considered an added advantage.
∎ Self-propelled, proficient in customer-centricity, team player, and capability to meet deadlines.

Responsibilities & Context:
∎ Assist in on-going AML Transaction Monitoring through various exception reports.
∎ Assist in identifying suspicious transactions/activities (STR/SAR) while reviewing different transaction monitoring reports.
∎ Assist in formulation and maintenance of Transaction Monitoring MIS and reporting to relevant forums.
∎ Assist in formulation and review of processes, policies, and review forms.
∎ Communicate with relevant units and the business regarding STRs, compliance reviews, investigations, as well as other ad hoc projects.
∎ Conducting AML/CFT Training to Distribution Network, Customer Acquisition Channels, and other relevant stakeholders.
∎ 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 is currently looking for an ambitious, intelligent, goal-oriented, and enthusiastic individual for the following position in its Anti-Money Laundering Division:
∎ Associate Manager/ Manager, Transaction Monitoring
∎ Grade: PO - SPO
∎ KEY RESPONSIBILITIES:
∎ Assist in on-going AML Transaction Monitoring through various exception reports.
∎ Assist in identifying suspicious transactions/activities (STR/SAR) while reviewing different transaction monitoring reports.
∎ Assist in formulation and maintenance of Transaction Monitoring MIS and reporting to relevant forums.
∎ Assist in formulation and review of processes, policies, and review forms.
∎ Communicate with relevant units and the business regarding STRs, compliance reviews, investigations, as well as other ad hoc projects.
∎ Conducting AML/CFT Training to Distribution Network, Customer Acquisition Channels, and other relevant stakeholders.
∎ 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:

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.

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.

Apply URL::

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