Job Description
Title: Associate Manager/Manager, Branch Compliance, Distribution Network
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
∎ 4-year graduation from a reputed university with a satisfactory academic track record.
Requirements:
Additional Requirements:
∎ A minimum of 5 years of experience in branch banking or AMLD.
∎ Sound understanding of prevailing AML, CFT laws, rules, circulars, and guidelines.
∎ Candidates working on projects concerning KYC/AML will have priority in selection.
∎ Prior experience in handling regulatory inspections on AML while working in a branch.
∎ Professional certification at the associate or specialist level in AML/CFT (e.g., CAMS, CGSS, CEAF) will be given priority.
∎ Strong command over Microsoft Office and a conceptual understanding of banking/financial software.
∎ Good interpersonal communication skills to maintain professional relationships with internal and external customers.
∎ Proficient in customer centricity, self-motivated, and capable of meeting deadlines.
∎ A minimum of 5 years of experience in branch banking or AMLD.
∎ Sound understanding of prevailing AML, CFT laws, rules, circulars, and guidelines.
∎ Candidates working on projects concerning KYC/AML will have priority in selection.
∎ Prior experience in handling regulatory inspections on AML while working in a branch.
∎ Professional certification at the associate or specialist level in AML/CFT (e.g., CAMS, CGSS, CEAF) will be given priority.
∎ Strong command over Microsoft Office and a conceptual understanding of banking/financial software.
∎ Good interpersonal communication skills to maintain professional relationships with internal and external customers.
∎ Proficient in customer centricity, self-motivated, and capable of meeting deadlines.
Responsibilities & Context:
∎ Actively promote and implement a compliance culture within the Distribution Network.
∎ Ensure adherence to AML (Anti-Money Laundering) framework and policies, following due procedures.
∎ Prepare branches for regulatory inspections on AML/CFT (Counter Financing of Terrorism) and compliance, and handle the inspections effectively.
∎ Collaborate with AMLD, L&D, and other stakeholders to ensure seamless operations.
∎ Assist the distribution network in identifying compliance gaps, taking corrective actions, and tracking progress.
∎ Provide management with monthly compliance reports, covering vital indicators of the AML program's effectiveness, such as the number of alerts generated and investigated, STR reporting, and any deviations from standard procedures.
∎ Support AMLD in providing timely and accurate reporting on AML/CFT issues from the distribution network.
∎ Assist Branch Governance and AMLD in developing and designing targeted AML training programs for front-line staff at different levels.
∎ Share area-based suspicious transaction typologies with Branch Governance/AMLD for educational purposes through mass circulation.
∎ Disseminate knowledge on changes in internal systems, policies, or regulatory directives related to AML and other regulations.
∎ BRAC Bank is recognized as one of the leading sustainable banks in Bangladesh. Established with a mission of financial inclusion, BRAC Bank is a pioneer in SME Banking in Bangladesh, offering a comprehensive range of banking services to both individuals and business entities. The bank's robust financial performance, top-tier credit ratings from global and local rating agencies, and numerous recognitions reflect its ambition to become the best bank in the country. With one of the largest distribution networks in Bangladesh, BRAC Bank operates 189 branches and 74 sub-branch locations, and continues to expand.
∎ BRAC Bank is currently looking for ambitious, intelligent, goal-oriented, enthusiastic individuals for the following position in its Distribution Network Division:
∎ Associate Manager/Manager, Branch Compliance, Distribution Network
∎ Job Grade: SO - SPO
∎ KEY RESPONSIBILITIES
∎ Actively promote and implement a compliance culture within the Distribution Network.
∎ Ensure adherence to AML (Anti-Money Laundering) framework and policies, following due procedures.
∎ Prepare branches for regulatory inspections on AML/CFT (Counter Financing of Terrorism) and compliance, and handle the inspections effectively.
∎ Collaborate with AMLD, L&D, and other stakeholders to ensure seamless operations.
∎ Assist the distribution network in identifying compliance gaps, taking corrective actions, and tracking progress.
∎ Provide management with monthly compliance reports, covering vital indicators of the AML program's effectiveness, such as the number of alerts generated and investigated, STR reporting, and any deviations from standard procedures.
∎ Support AMLD in providing timely and accurate reporting on AML/CFT issues from the distribution network.
∎ Assist Branch Governance and AMLD in developing and designing targeted AML training programs for front-line staff at different levels.
∎ Share area-based suspicious transaction typologies with Branch Governance/AMLD for educational purposes through mass circulation.
∎ Disseminate knowledge on changes in internal systems, policies, or regulatory directives related to AML and other regulations.
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 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.
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: 20 Mar 2025
Category: Bank/Non-Bank Fin. Institution
