Head of ICCD

Job Description

Title: Head of ICCD

Company Name: Islamic Finance and Investment PLC.

Vacancy: --

Age: At most 50 years

Job Location: Dhaka (Tejgaon Industrial Area)

Salary: --

Experience:

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

• Masters
• Master of Business Administration (MBA) in Finance & Banking

• Masters in any discipline having no third division/class in the academic background.

• Masters in banking & Finance, Accounting and completion of CA will be preferred.

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

• Age At most 50 years

• Minimum 10 years’ of experience in any bank/financial institution out of which at least 3 years of experience in ICC Division as Head/Deputy Head.

• Faster decision making, good people management and self-confidence.

• IT knowledge on Microsoft Word, Excel, PowerPoint, Outlook.

• Good communication and Presentation skills.

• Age must not be over 50 years.

Islamic Finance and Investment PLC., the first Islamic Shariah-based Financial Institution of the country is looking for Head of ICCD.

Job Responsibilities:

• Preparation and executing of the annual audit plan.

• Pre-audit of Investment and reschedule of Investment Files.

• Conducting audit periodically/surprise basis.

• Ensure spot correction where possible.

• Preparation and submission of audit report to concerned authority.

• Preparation of executive summary on major audit findings.

• Collection of required information from other units.

• Detecting deviations in compliance and preventing fraud and forgeries.

• Ensuring reliability of accounting data and reporting to proper authority.

• Examination of documentations and books of account and evaluating branch efficiency.

• Evaluation of compliance with the previous audit observations/recommendations.

• Ensuring compliance of regulatory requirement and Bangladesh Bank Inspection reports, internal audit reports etc.

• Receive audit and inspection report from audit and inspection unit, BB, external auditors, etc.

• Preparing compliance report and submit to the MD, Audit Committee and /or Board.

• Compiling all relevant circulars and guidelines and maintain strong liaison with regulatory authorities.

• Timely dissemination of all regulatory updates to concerned department.

• Ensure compliance of BB findings regarding core risk management inspection.

• Providing training and guidance on regulatory issues.

• Notify regulatory changes to the related departments.

• Monitoring, reviewing and examining the activities of different departments.

• Review of Quarterly Operation Reports (QOR) and Departmental Control Function Checklist (DCFCL), Loan Documentation Checklist (LDC), etc.

• Completing Self-Assessment of Anti-Fraud Internal Control Checklists.

• Preserving all reports/documents related to audit and inspection.

• Collection of information for BB off-site supervision.

• Monitoring the effectiveness of IC of IFIPLC.

• Maintaining records related with ICC departments and placing report according to management demand.

• Identifying risk areas, risk grading of all branches.

• Establishment of monitoring mechanism.

• Preparation and submission of annual health report of the IFIPLC.

• Reviewing various guidelines/manuals.

• Any other task as and when given by supervisor/proper authority and task which is required as per regulatory guideline/instructions.

• Attractive Salary and Benefit Package will be offered to the selected candidate on the basis of experience & competency level of the selected candidate.