Head of Compliance (AVP-FVP), Internal Control & Compliance Division.

Job Description

Title: Head of Compliance (AVP-FVP), Internal Control & Compliance Division.

Company Name: Modhumoti Bank PLC

Vacancy: 01

Age: At least 25 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors

• At least 10 years
• The applicants should have experience in the following business area(s): Banks

• Age At least 25 years

• Fresh Candidates do not need to apply.

• Candidates having break of service do not need to apply.

• Must have good expertise on Microsoft Office (i.e. MS Word, MS Excel) as well as experience of handling corebanking system and related business intelligence.

• Unquestioned commitment to integrity and ethical decision-making

• Ensure the Bank's compliance with all applicable laws, regulations, Bangladesh Bank circulars, and other regulatory requirements.

• Develop and implement an effective compliance monitoring framework to identify, assess, and mitigate compliance risks across the Bank.

• Monitor timely resolution of findings from Internal Inspection, Bangladesh Bank inspections, External Audit, and other regulatory examinations.

• Review, update, and recommend compliance-related policies, manuals, and procedures in line with regulatory changes and industry best practices.

• Oversee the preparation and timely submission of compliance reports, regulatory returns, and responses to Bangladesh Bank and other regulatory authorities.

• Conduct periodic compliance risk assessments and recommend appropriate corrective and preventive measures to minimize regulatory and operational risks.

• Provide compliance guidance and advisory support to all Divisions, Branches, and Sub-Branches to ensure adherence to applicable laws, regulations, and internal policies.

• Organize compliance awareness programs and training sessions for employees to strengthen the Bank's compliance culture and regulatory knowledge.

• Prepare and present periodic compliance reports, significant regulatory issues, and compliance status updates to Senior Management, the Audit Committee, and the Board of Directors.

• Lead, supervise, and develop the Compliance team by ensuring effective resource utilization, performance management, and continuous improvement of the Bank's compliance framework

As per Bank’s Policy