Chief Compliance officer

Job Description

Title: Chief Compliance officer

Company Name: State Bank of India

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 10 years

• Masters

• Masters in any discipline preferably MBA with good academic record.

• Candidates having compliance certification like ACAMS / ACFCS and additional qualifications like

• ACA/ FCA/ ACMA/ FCMA/ ACCA/ CFA/CA/ CIMA/ CMA/ CISA etc will be given preference.

• At least 10 years

• Minimum 10 years of banking experience in any commercial bank out of which 5 years in Compliance functions including AML/CFT functions.

• Should have knowledge regarding different types of Circular of Bangladesh Bank and other regulatory bodies and compliance of the circulars/ instructions accordingly.

• Capable of planning, organizing and carrying out the internal audit function including preparation of an audit plan, scheduling and assigning work to the audit team.

• Well versed with the regulatory provisions and banking operations including loans & advances, trade finance, general banking, fund management etc.

• Good presentation skills and is proficient in writing/compiling quality reports in English.

• Must have leadership capability to manage and motivate staff.

• Has a proven record in managing risk based operational reviews.

• Has a strong grasp of the use of technology in the operations of a commercial bank and associated risks and benefits.

• Age should not be more than 50 years as on 30.12.2024.

State Bank of India one of the leading Private Sector banks in the country, invites application from Bangladeshi Citizen for the post of Head of Internal Control & Compliance Division (Chief Compliance officer)

Location: Country Office, Dhaka

Job Description:

• Should be responsible for total administration of Internal Control and Compliance (ICC) Division of the bank.

• Complying Core Risk and Comprehensive Risk Management guidelines as set by Bangladesh Bank.

• Maintains knowledge of the laws and regulatory guidelines by which the bank is required to comply.

• Implementation of the bank`s anti-money laundering / KYC policy.

• Follow-up on the resolutions of audit findings.

• Issues relating to the Risk, Legal & Compliance and other control related activities to be addressed.

• Execute Internal Audits on regular basis as per plan, policy & strategy approved by the Audit Committee and prepare timely Audit Reports for the Management, the Audit Committee and the Board of Directors of the Bank.

• Ensure adequate and effective internal control system and assist the Management in formulating pertinent policies and operational procedure of the company.

• Recommend security measures to prevent fraudulence and risk-reduction solution.

• Evaluating Change request in Banking Applications as per local regulatory Guidelines.

• Responsible to provide assurance regarding the achievement of objectives of the bank in the effectiveness and efficiency of operation, the reliability of Financials & IS (Information Systems, security reporting, compliance with applicable laws, & regulations, and Internal policies.

Salary: As per Bank`s Policy.