Associate Manager, Regulatory Compliance - ICC
Job Description
Title: Associate Manager, Regulatory Compliance - ICC
Company Name: BRAC Bank Limited
Vacancy: Not specific
Job Location: Anywhere in Bangladesh
Employment Status: Full-time
Educational Requirements:
∎ Master/Bachelor's degree from a reputed university with a satisfactory academic track record
Experience Requirements:
∎ At least 6 year(s)
Job Context:
∎ BRAC Bank is one of the most 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.
∎ BRAC Bank is currently looking for an ambitious, intelligent, goal-oriented, enthusiastic individual for the following position in its Internal Control & Compliance Division:
Job Responsibilities:
∎ Follow up and monitor compliance with the regulatory guidelines and circulars;
∎ Conduct compliance review/testing in regulatory issues;
∎ Coordinate with Bangladesh Bank Inspection (BB) team and ensure compliance response submission of BB inspection report and subsequent follow-ups;
∎ Review compliance procedures by performing sufficient and representative compliance review to determine compliance of the system with internal/external standards and creation of monitoring mechanism;
∎ Preparation of quarterly report on the regulatory compliance position;
∎ Liaise with different departments and personnel for smooth collection of the compliance status of relevant regulations;
∎ Address queries and clarifications on regulatory interpretations;
∎ Develop an effective communication process that will allow smooth compliance with relevant regulations in different departments and personnel;
∎ Maintain trackers for regulations monitoring and review;
∎ Escalation of issues to Enterprise Risk Associate Forum (ERAF), Enterprise Risk Governance Forum (ERGF);
∎ Strictly maintain the confidentiality of compliance activities;
∎ Any other job assigned by the management.
Additional Requirements:
∎ Credibility as a subject matter expert and minimum 6+ years of banking experience (experience in audit, compliance, monitoring, and risk management roles will get priority);
∎ Knowledge of local regulatory requirements and obligations and the ability to identify emerging compliance issues and themes;
∎ Experienced in working with top country-level regulators and industry associations;
∎ Excellent communication skills with strong analytical ability;
∎ Passion for exceeding stakeholders' expectations;
∎ Be customer-centric, results-oriented, and self-propelled.
Job Source: Bdjobs.com Online Job Posting.
Company Information:
∎ 11 Jan 2023
∎ BRAC Bank Limited
Category: Bank/Non-Bank Fin. Institution
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