Head of Internal Control & Compliance
Job Description
Title: Head of Internal Control & Compliance
Company Name: BRAC EPL Stock Brokerage Limited
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Masters/MBA from any discipline (Professional LL.B/LL.M will be an added advantage)
Job Context:
∎ BRAC EPL Stock Brokerage Limited, a subsidiary of BRAC Bank Limited; is one of the largest stock brokerage in Bangladesh with strong foothold in domestic institutions, retail clients and foreign institutional investment segment.
∎ We are looking for confident, career focused and highly energetic Head of Internal Control & Compliance to serve the internal stake holders and management.
Job Responsibilities:
∎ Oversee the organization-wide compliance and regulatory activity with strict monitoring
∎ Maintain regulatory affairs and correspondence with Regulators and other govt. bodies like BSEC, DSE, CSE, CDBL and RJSC etc.
∎ Reporting, observation, inspection, and corrective action as per compliance and regulatory guidance
∎ Secure Internal Control across the branches and the organization
∎ Strictly execute the security related rules and regulations across the organization
∎ Preparation of compliance report: Daily activity report, Net Capital-Monthly for DSE & CSE within 3rd day of the next month, Financial Netting- reporting every 5th day of the next month, Branch Report -Monthly-DSE within 5th day of the next month, Yearly and half Yearly Financial report for DSE CSE and SEC, Institutional reporting, Branch Compliance Review-Weekly/Monthly
∎ Follow-up all daily trade activities of authorized representative and staffs
∎ Ensure regularization the laps and irregularities
∎ Keeping Investors records, Books, and documents
∎ Rules & Regulations: SEC Rules and regulations-1987, Stock dealer, Stockbroker & Authorized Representatives-2000, Settlement of Stock Exchange Transactions Regularations-1998, Depository user Regulations-2003
∎ Responsible for Yearly, Monthly & Quarterly Financial reporting
∎ Regularly monitor Branch Compliance activities
∎ Branch office visit for proper execution of Internal Control & Compliance
∎ Clients' complaints, communication handled timely and properly
∎ Maintain Awareness of regulatory changes recurrently among the employees
∎ Maintenance of Customer Register-Rule-12(1)(Ka) SEC, copies (hard and soft) of ledger, register/books of records-Rule13(2) of SEC, register for Securities Transactions
∎ Training and monitoring the employee's compliance performance of their duties.
∎ Supervision all regular and urgent works with consultation of Departmental Head.
∎ Monitoring and Assessment: Quarterly assurance function, Internal & external audit functions and regulatory reviews.
∎ Any other functions assigned by the management and BoD.
Additional Requirements:
∎ Minimum 8 years of Total experience (minimum 5 years working experience as HoICC)
∎ Good knowledge on regulatory issues, laws, market dynamics and economic trend
∎ Strong communication and inter-personal skills
∎ Natural ability to lead a high skilled dynamic team.
∎ Must be enthusiast toward the capital market
∎ Strong interpersonal and communication skills (oral and writing) to deal with stake holders
∎ Well versed in MS Office suits, advanced computer skills, Internet, and email correspondence
∎ Good team player, well-organized, initiative and detail-oriented
∎ Professional knowledge and skill levels are kept up-to-date in order to meet the needs of the position
Salary: Negotiable
Compensation & Other Benefits:
∎ Attractive Compensation for deserving candidate with fringe benefits (e.g., PF, Gratuity, Insurance, and others)
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 31 May 2022
Company Information:
∎ 17 May 2022
∎ BRAC EPL Stock Brokerage Limited
Category: Bank/Non-Bank Fin. Institution
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