Compliance & Regulatory Manager

Job Description

Title: Compliance & Regulatory Manager

Company Name: TallyKhata

Vacancy: 1

Location: Dhaka (Banani)

Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Telecommunication, Software Company, IT Enabled Service, Financial Technology (Fintech) Startup

Published: 11 Jun 2024

Education:
∎ Bachelor's degree in Law, Business Administration, Compliance, or related field. Advanced degree preferred.

Requirements:

Additional Requirements:
∎ Preferably, a retired defense personnel or police member will be given an advantage.
∎ Proven experience (5 years) in compliance, regulatory affairs, or law enforcement.
∎ Strong knowledge of relevant laws, regulations, and industry standards.
∎ Excellent analytical, problem-solving, and decision-making skills.
∎ Effective communication and interpersonal abilities.
∎ Ability to work independently and collaboratively in a fast-paced environment.
∎ Certification in compliance or related fields (e.g., Certified Compliance & Ethics Professional) is a plus.
∎ The age should not be more than 50 years. In the case of defense and law enforcement, member age can be relaxed.
∎ Preferably, a retired defense personnel or police member will be given an advantage.
∎ Proven experience (5 years) in compliance, regulatory affairs, or law enforcement.
∎ Strong knowledge of relevant laws, regulations, and industry standards.
∎ Excellent analytical, problem-solving, and decision-making skills.
∎ Effective communication and interpersonal abilities.
∎ Ability to work independently and collaboratively in a fast-paced environment.
∎ Certification in compliance or related fields (e.g., Certified Compliance & Ethics Professional) is a plus.
∎ The age should not be more than 50 years. In the case of defense and law enforcement, member age can be relaxed.

Responsibilities & Context:
∎ Develop, enact, and interpret anti-money laundering (AML) and counter-financing of terrorism (CFT) policy guidelines for the bank.
∎ Regularly review and revise money laundering (ML) and terrorist financing (TF) risk assessments and AML policies.
∎ Alert senior management to any AML-related issues and enhance the bank's AML & CFT compliance standing.
∎ Oversee and manage PEP screenings, STR, CTR, SAR, KYC diligence, sanctions, and independent testing procedures as per regulatory directives.
∎ Conduct ongoing monitoring of transactions to identify and address irregular and suspicious activities promptly.
∎ Implement corrective actions swiftly to rectify internal or regulatory-identified deficiencies.
∎ Provide accurate and timely management, regulatory statements, and reports.
∎ Furnish the necessary information to regulatory bodies and internal management as requested.
∎ Organize and conduct AML training, workshops, and seminars to enhance awareness and capacity among staff and BAMLCOs.
∎ Continuously monitor BAMLCO activities and perform branch visits and inspections to ensure AML & CFT compliance.
∎ Maintain effective communication and collaboration with regulatory authorities.
∎ Manage and respond to suspicious transaction reports (STRs), cash transaction reports (CTRs), and regulatory inquiries promptly.
∎ Approve financial and non-financial system entries, such as deposit product setups and payment transfers.
∎ Act as the custodian of deposit account opening files within a centralized operational framework.
∎ Provide accurate and timely responses to goAML and other regulatory inquiries.
∎ Develop, enact, and interpret anti-money laundering (AML) and counter-financing of terrorism (CFT) policy guidelines for the bank.
∎ Regularly review and revise money laundering (ML) and terrorist financing (TF) risk assessments and AML policies.
∎ Alert senior management to any AML-related issues and enhance the bank's AML & CFT compliance standing.
∎ Oversee and manage PEP screenings, STR, CTR, SAR, KYC diligence, sanctions, and independent testing procedures as per regulatory directives.
∎ Conduct ongoing monitoring of transactions to identify and address irregular and suspicious activities promptly.
∎ Implement corrective actions swiftly to rectify internal or regulatory-identified deficiencies.
∎ Provide accurate and timely management, regulatory statements, and reports.
∎ Furnish the necessary information to regulatory bodies and internal management as requested.
∎ Organize and conduct AML training, workshops, and seminars to enhance awareness and capacity among staff and BAMLCOs.
∎ Continuously monitor BAMLCO activities and perform branch visits and inspections to ensure AML & CFT compliance.
∎ Maintain effective communication and collaboration with regulatory authorities.
∎ Manage and respond to suspicious transaction reports (STRs), cash transaction reports (CTRs), and regulatory inquiries promptly.
∎ Approve financial and non-financial system entries, such as deposit product setups and payment transfers.
∎ Act as the custodian of deposit account opening files within a centralized operational framework.
∎ Provide accurate and timely responses to goAML and other regulatory inquiries.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill, Medical allowance, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Lunch Facilities: Full Subsidize
∎ Festival Bonus: 2
∎ Pick-up and drop-off facility
∎ As per company policy and procedures
∎ Pick-up and drop-off facility
∎ As per company policy and procedures

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka (Banani)

Job Highlights:
∎ Seeking a retired defense or police member as a compliance & regulatory officer to ensure regulatory adherence, mitigate legal risks, conduct investigations, collaborate with law enforcement, and implement compliance strategies.

Read Before Apply:

Ready to become part of the TallyKhata family? Send us your resume and a cover letter detailing why you are the ideal candidate! We prioritize diversity and are committed to equal opportunities for all.