Head of AML / Deputy Chief Anti Money Laundering Compliance Officer (DCAMLCO).

Job Description

Title: Head of AML / Deputy Chief Anti Money Laundering Compliance Officer (DCAMLCO).

Company Name: NRBC Bank PLC

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

Master’s degree (or equivalent) from reputed public university or UGC-approved/recognized private university in:

• Accounting

• Finance or Economics

• Business Administration

• Marketing or Management etc. required for the Head of AML & CFT Division/DCAMLCO.

Certificates from ACAMS/ICA or Diploma on Financial Crime or relevant industry skill-based certification(s) are also highly appreciated for advancing their career.

No 3rd Division/class in any academic record is allowed.

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

• Age Limit: (Maximum 50 years as on December 31, 2025)

• High standards of confidentiality.

• Knowledge of regulatory requirements.

• Personal integrity, self-motivation & self-management.

• Smart, team player, paired with agile mindset and can-do attitude.

• Good communication skill in Bangla & English, strong command of MS-Office.

• Excellent interpersonal and communication skills to engage relations with key stakeholders.

• Understanding of the relevant laws, regulations and practices pertaining to AML/CFT & CPF.

• At least 12 years of overall experience in compliance/AML, CFT & CPF of any commercial bank, with at least 3 years’ working experience as DCAMLCO or second line in AML/CFT Division.

NRBC Bank PLC aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local network of branches, sub-branches, and agent outlets. Being a promising financial institution, the Bank is contributing towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.

In line with the strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the position of Head of AML & CFT Division. The individuals who fulfill the basic-eligibility criteria below may apply for the position:

Position Details:

• Rank: Senior Vice President (SVP) to Executive Vice President (EVP).

• Financial Benefits: Negotiable/Competitive package based on qualifications and experience.

• Location: Head Office, Dhaka.

Major Responsibilities of DCAMLCO:

• Key output

  • Overseeing the overall functions of AML & CFT Division.

  • Perform reviews of onboarding KYC, CDD & EDD process in line with the regulatory directives.

  • Monitoring overdue KYC with first line as well as escalation in various business unit(s) etc.

• Internal & External Reporting:

  • Monitor portfolio for suspicious activity through alerts/hits & based on suspicious reports raised by first line.

  • Ensure & manage a robust process for regular and timely reporting of Suspicious Transaction Report/Suspicious Activity Report (STR/SAR), Cash Transaction Report (CTR) & Structuring etc.

  • Pursue timely submission of regulatory reports and returns by requisite branch functions.

  • Coordinate with BFIU Inspection Team and managing regulatory queries.

  • Ensure timely submission of all regulatory queries and inspections responses.

  • Coordinate with all functions for BFIU issues and responses to avoid any misinterpretation of Bank issues by inspection team. Also maintain interactions and coordination with regulators for proactive regulatory risk management.

  • Ensure timely remediation of the department’s outstanding observations to strengthen the processes and controls to avoid recurrence of the issues by regulators and Internal Audit in future.

• Review of AML/CFT Policy Addendums:

  • Keep updated on latest AML & CFT developments and current trends of ML/TF risk from regulator.

  • Update KYC related policy addendums and process/procedures to align it with current regulations of the authority/regulators.

  • Develop and update policy on AML & CFT, TBML, CBML, ML & TF Risk Management Guidelines etc.) of as and when required.

• Training & Awareness:

  • Build a strong compliance culture across the bank through continuous training efforts focused at educating branch staff on the criticality of completing KYC accurately, prevention of ML/TF & Financing of Proliferation risk, awareness of TBML and how it overall culminates into the managing regulatory compliance, AML/CFT and reputational risk for the bank.

  • Circulate instructions/guidelines on AML/CFT & CPF issues to all branches/sub-branches and concern units as and when required.

  • Nominate the BAMLCO including responsibilities for Complying/Monitoring of Branch`s Compliance on TBML, CBML and CFT issues in line with the regulatory directives.

• Communication & Compliance:

  • Maintain the confidentiality of customer`s information.

  • Maintain effective communication across the Bank, through prudent reporting against escalation of serious risk vulnerabilities.

  • Coordinate with BFIU and other regulatory bodies, and law enforcement agencies in respect of any documents, information or other related matters.

  • Arrange Training, workshop, seminar related to AML/CFT & CPF, TBML, CBML for the employees of the bank in line with the regulatory directives.

  • Assist in preparing and circulating the MD`s yearly message on AML/CFT & CPF in timely manner.

  • Being Member Secretary of Central Compliance Committee (Triple-C), DCAMLCO will arrange and conduct quarterly meetings of Triple-C and other relevant meetings as per requirement.

  • Evaluate Half-Yearly Activity Report and its summary which prepared for onward submission to the authority.

  • Assist in preparing Banks Annual Report on AML/CFT & CPF compliance.

• Quality Alerts/Hits Closure:

  • Ensure investigation of alerts generated through AML solution/screening system, and their prompt and accurate closure, with supporting documents.

  • Ensure accurate and prompt closure of hits generated through system (both payments and onboarding), with supporting documents.