Head of Compliance

Job Description

Title: Head of Compliance

Company Name: NRBC Bank PLC

Vacancy: 1

Age: At most 50 years

Job Location: Dhaka

Salary: --

Experience:

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

• Master’s degree in Banking Management (MBM), Business Administration (MBA), Finance, Accounting, Management, Economics, Law, or any other relevant discipline from a reputed university.

• Professional qualifications/certifications in Compliance, Risk Management, Banking, Law, Accounting, Audit, AML/CFT, Corporate Governance, or related areas will be considered an added advantage.

• Specialized training or certification in Regulatory Compliance, Compliance Risk Management, Corporate Governance, AML/CFT, Risk Management, or Banking Laws and Regulations will be given preference.

• No 3rd Division/Class or equivalent result in any academic examination will be permissible.

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

• Age At most 50 years

Age Limit: Maximum 50 years as on 24/10/2026

Experience Requirements

• Minimum 12 years of professional banking experience, with substantial exposure to Regulatory Compliance, Internal Control & Compliance, Risk Management, Audit & Inspection, Banking Operations, Credit, or related control functions.

• At least 3–5 years of senior-level experience in Compliance/Internal Control & Compliance, preferably in a scheduled commercial bank.

• Candidates currently serving or having substantial experience as Head of Compliance, Deputy Head of ICC/Compliance, Head of Compliance Monitoring, or in an equivalent senior compliance position will be given preference.

• Sound knowledge of Bangladesh Bank regulations and guidelines, Bank Company Act, BFIU requirements, corporate governance requirements, and other laws and regulations applicable to banking operations in Bangladesh.

• Proven experience in regulatory compliance monitoring, regulatory change management, compliance risk assessment, policy review, regulatory reporting, compliance gap analysis, and handling regulatory observations.

• Strong understanding of major banking activities including credit, general banking, foreign exchange and trade finance, treasury, cards, digital banking, agent banking, SME and retail banking, from a regulatory compliance perspective.

• Ability to interpret complex regulatory requirements, assess their implications for the Bank, and translate them into practical policies, procedures, controls, and implementation plans.

• High level of professional integrity, independence, analytical ability, confidentiality, sound judgment, and attention to detail.

• Excellent leadership, communication, regulatory liaison, report-writing, presentation, and stakeholder-management skills.

NRBC Bank PLC., one of the fast-growing private commercial banks of the country, committed to maintaining the highest standards of regulatory compliance, corporate governance, ethical banking, transparency, and accountability, invites applications from competent, experienced, dynamic, and highly disciplined banking professionals for the position of Head of Compliance.

The position is a key control function of the Bank, responsible for establishing and maintaining an effective compliance management framework, ensuring adherence to applicable laws, regulations, regulatory directives and internal policies, and fostering a strong culture of compliance across the Bank. The role will proactively identify, assess, monitor, report, and facilitate mitigation of compliance risks arising from the Bank’s business and operational activities.

Rank: First Vice President (FVP) / Vice President (VP)

Location: Head Office, Dhaka

Employment Status: Permanent

Key Responsibilities

• Compliance Framework: Develop, implement, and continuously strengthen the Bank’s enterprise-wide Compliance Management Framework, policies, procedures, standards, and monitoring mechanisms in line with regulatory requirements and sound banking practices.

• Regulatory Compliance: Ensure adherence to applicable Bangladesh Bank guidelines, circulars and directives, Bank Company Act, BFIU requirements, BSEC requirements, Companies Act, and other applicable laws, rules, and regulations relevant to the Bank’s activities.

• Compliance Risk Management: Identify, assess, monitor, and report compliance risks across the Bank and ensure that appropriate controls and mitigating measures are established to address identified gaps and exposures.

• Regulatory Change Management: Maintain a structured mechanism for identifying and communicating new or amended laws, regulations, circulars, directives, and regulatory expectations and ensure their timely incorporation into the Bank’s policies, procedures, systems, and business practices.

• Compliance Monitoring: Develop and execute a risk-based compliance monitoring programme covering branches, sub-branches, Head Office divisions/departments, business units, products, services, digital channels, and other relevant activities of the Bank.

• Compliance Advisory: Provide professional advice and guidance to the Board, Senior Management, business units, and support functions on regulatory requirements, compliance obligations, new initiatives, and interpretation of applicable rules and directives.

• New Products & Business Initiatives: Review new products, services, processes, digital initiatives, partnerships, and material changes in business practices from a compliance perspective and identify applicable regulatory requirements and compliance risks before implementation.

• Regulatory Reporting: Ensure accurate and timely preparation, review, and submission of compliance-related statements, returns, reports, certifications, and other information required by Bangladesh Bank and other relevant regulatory authorities.

• Regulatory Liaison: Maintain effective professional liaison with Bangladesh Bank and other relevant regulators/authorities on compliance-related matters and facilitate timely responses to regulatory queries, observations, and directives.

• Compliance Gap Analysis: Conduct periodic gap analyses against regulatory requirements and internal policies, identify instances of non-compliance, determine root causes, and recommend appropriate corrective and preventive measures.

• Compliance Testing: Establish effective compliance-testing methodologies to assess whether regulatory requirements and internal compliance standards are being consistently followed across the Bank.

• Monitoring of Regulatory Observations: Monitor compliance with regulatory inspection findings, directives, commitments, and action plans and ensure timely follow-up, escalation, and closure of outstanding compliance issues.

• Policy & Procedure Review: Review relevant policies, manuals, SOPs, operational processes, and internal guidelines to ensure consistency with prevailing regulatory requirements and recommend amendments where necessary.

• Compliance Reporting & Escalation: Prepare comprehensive compliance reports and dashboards highlighting material breaches, regulatory developments, emerging compliance risks, outstanding issues, and corrective-action status for the Managing Director & CEO, relevant Management Committees, Board/Board Committees, and other competent authorities, as applicable.

• Compliance Breach Management: Establish an appropriate mechanism for identification, documentation, escalation, investigation/facilitation of investigation, and remediation of material regulatory or policy breaches.

• Compliance Culture: Promote a strong culture of compliance, integrity, ethical conduct, accountability, and regulatory awareness throughout the Bank and reinforce the principle that compliance is the responsibility of every employee.

• Training & Awareness: Develop and coordinate regular compliance training and awareness programmes to keep employees updated on applicable regulatory requirements, emerging compliance risks, and changes in the regulatory environment.

• Coordination with Control Functions: Maintain effective coordination with Internal Control & Compliance, Audit, Risk Management, AML/CFT, Legal, Information Security, and other control functions, while maintaining appropriate functional responsibilities and independence.

• Emerging Compliance Risks: Continuously monitor regulatory developments, digital banking trends, technology-driven financial services, data protection requirements, consumer protection expectations, and other emerging issues that may create compliance risks for the Bank.

• Team Leadership & Development: Lead and develop the Compliance team through effective manpower planning, professional development, specialized training, performance management, and succession planning.

• Strategic Compliance Support: Provide timely compliance insights to the Board, Managing Director & CEO, and Senior Management, as applicable, to support informed decision-making and sustainable business growth within the applicable regulatory framework.

• Financial Benefits: Attractive and competitive compensation package